Plexus Corporation

Sr Manager - Compensation

Plexus Corporation • $129K — $194K *
Neenah, WI 54956In-Person
Manufacturing & Automotive
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Economics, Human Resources, or related field.
  • 7+ years of progressive compensation experience in a global publicly traded company.
  • Strong expertise in executive compensation practices.
  • Understanding of SEC disclosure and proxy reporting regulations.
  • Proven ability in job leveling and architectural design of compensation structures.
  • Proficiency in financial and analytical modeling connecting compensation data to corporate metrics.
  • Ability to navigate global compensation landscapes with knowledge of regional nuances.

Responsibilities

  • Design a centralized Global Compensation Center of Excellence (COE) with standardized job architecture and compensation processes.
  • Ensure global pay equity compliance through defensible, data-driven compensation frameworks.
  • Optimize HRIS and compensation tools, utilizing analytics for predictive insights on labor trends.
  • Lead the development of inclusive total rewards programs that align with corporate financial strategies.
  • Standardize annual compensation cycles to eliminate inefficiencies and reduce costs.

Benefits

  • Opportunity to architect and shape global compensation structures.
  • Engagement with cross-functional teams, including Finance and Legal, enhancing influence and visibility.
  • Exposure to global compensation practices, offering a professional development advantage.
  • Dynamic work environment in a leading global technology and manufacturing firm.
Full Job Description
Purpose Statement: The Sr Manager - Compensation will serve as the architect of Plexus's global rewards infrastructure. The primary focus of this role is to ensure our programs balance healthy financial performance while strengthening our EVP to attract and retain top-tier engineering and manufacturing talent.

Key Responsibilities
  • COE Architecture & Governance: Design the blueprint for a centralized Global Compensation COE that standardizes job architecture, grading structures, and pay-for-performance philosophies across all 7 operating countries. Standardize the annual merit, bonus, and equity cycle processes to eliminate regional inefficiencies and reduce administrative spend.
  • Global Regulatory Compliance & Risk Mitigation: Oversee pay equity frameworks globally, ensuring defensible, data-driven compensation structures.
  • Technology & HRIS Optimization: Own and optimize the tools and vendors associated with compensation data, leveraging advanced analytics to provide predictive insights on labor market trends, compression risks, and attrition costs.
  • Architect & Scale Sustainable Compensation Structures: Lead the design, implementation, and continuous modeling of global total rewards programs (base salary structures, short-term variable incentives, and equity allocation frameworks) that align with Plexus's financial guardrails and strategy.


Key Skillsets & Important Competencies
  • Financial & Analytical Modeling: Ability to connect comp data with corporate financial metrics
  • Executive comp expertise
  • SEC disclosure & Proxy reporting understanding
  • Job leveling & structural design
  • Strategic Architecture & System Design: Proven capability to build compensation structures from scratch rather than simply maintaining legacy programs
  • Executive Presence & Cross-Functional Influence: Comfort collaborating with Finance, Legal, and executive leadership to align total rewards with corporate governance.
  • Global Acumen: Deep understanding of differing geographic rewards landscapes, including localized statutory benefits, currency fluctuation impacts on allowances, and varying regional inflation rates.


Education/Experience Qualifications:
  • Education: Bachelor's degree in Finance, Economics, Human Resources, or a related quantitative discipline.
  • Experience: 7+ years of progressive compensation experience within a publicly traded, global manufacturing or technology enterprise.


Physical Requirements:
  • Professional office environment with suitable lighting, comfortable temperatures, and low noise level. May require prolonged periods of sitting at a desk, using a computer, and other office equipment. Minimal physical activity is generally involved, emphasizing the importance of good posture and ergonomic workplace arrangements.


Travel Requirements:
  • Less than 40%


This document does not represent a contract of employment and is not intended to capture every possible assignment the incumbent could be asked to perform.

About Plexus Corporation

Plexus Corporation is an American multinational electronics manufacturing services company headquartered in Neenah, Wisconsin. The company provides a range of services to original equipment manufacturers (OEMs) in the aerospace and defense, healthcare, industrial, and semiconductor industries. Plexus' services include design and engineering, supply chain management, assembly and testing, and after-market services. The company operates in North America, Europe, and Asia and has manufacturing facilities in over 20 countries. Plexus was founded in 1979 and went public in 1988.
Learn more about Plexus Corporation
Size
19,200 employees
Market Cap
$2.8 billion
Industry
Manufacturing & Automotive
Net Income
$122.6 million
Founded
2011
5 Year Trend
+8.6%
Revenue
$3.3 billion
NASDAQ
PLXS
* Ladders Estimates

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