Compensation Manager - Chicago Illinois

Company: The Judge Group
Location: Chicago, Illinois
Posted On: 04/17/2024

Our manufacturing client is seeking a Compensation Manager as they continue to grow by leaps and bounds! This is a HYBRID position (3 days in office/2 at home) with substantial growth potential.Responsibilities:
Act as the main liaison for HR Business Partners within the North American organization.
Collaborate with HR Business Partners and business leaders to identify and address compensation-related issues, providing guidance on the application of our compensation programs, policies, and guidelines in alignment with organizational objectives.
Assess job content and provide recommendations to the business on grade, title, pay, and regulatory pay status based on analyses of internal equity and market competitiveness.
Offer support for compensation planning, including merit and variable pay, to people leaders and employees.
Participate in Salary Surveys and determine market rates for new roles within the organization.
Recommend adjustments to salary structures and variable pay targets based on market insights.
Develop and implement communication plans and strategies to promote all Compensation programs and initiatives.
Educate and train Business Unit Management and Human Resources staff on compensation matters and best practices.
Conduct internal data audits for various projects and initiatives.
Contribute as a vital team member on a range of compensation projects (such as Vertiv Career Framework, Recognition, etc.).
Create guidelines and visual aids for various business requirements.
Potentially calculate variable pay accruals and collaborate with finance to ensure accurate reflection and planning of HR transactions.Requirements:
Bachelor s degree in business administration or human resource management is mandatory.
A minimum of 5 years of experience in overseeing compensation programs.
Proficiency in system skills, with a preference for Oracle, and a solid understanding of compensation architecture.
Strong written, verbal, and interpersonal communication skills, with the ability to effectively engage and influence individuals within HR, at the executive level, and across functions.
Previous experience in developing and delivering compensation training for human resources and business leaders to support organizational objectives.
Ability to gather, analyze, and interpret large volumes of information/data from multiple sources.
Demonstrated proficiency in project management and organizational skills.
Advanced proficiency in Excel. More...

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