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Senior Compensation Manager

Cynet Systems
8 days ago
Contract
On-site
Chicago, Illinois, United States
$45 - $50 USD hourly
Compensation Manager

Pay Range: $45.00hr - $50.00hr

Job Overview:

The Senior Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America and Global Support Functions. Reporting to the Director of Compensation, the successful candidate will provide expert guidance and consultation to HR Business Partners and Business Leaders on a range of compensation-related matters, including job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration. To succeed in this role, the candidate must possess a unique blend of analytical, technical, and interpersonal skills, with the ability to navigate complex and ambiguous situations.

Key Components of the Role:

  • Develop and administer compensation programs for salaried employees.
  • Execute the annual salary planning and incentive cycles.
  • Perform and oversee job evaluations of both broad-based and executive positions.
  • Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility that align with the organization’s pay-for-performance philosophy and culture of meritocracy.
  • Oversee the salary survey participation and salary structure development for multiple countries.
  • Develop, design, and execute compensation-related training.
  • Propose process improvements and recommend policy changes to assure compliance and competitiveness of the organization’s compensation.

Qualifications:

  • Bachelor’s degree required; MBA or equivalent degree preferred.
  • 5+ years of compensation experience.
  • People management experience is preferred.
  • In-depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws.
  • Strong verbal and written communication skills and excellent interpersonal skills.
  • Ability to manage cross-functional projects and influence team members without direct managerial authority.
  • Solutions-oriented mindset with a desire to innovate.
  • Knowledge of Microsoft Office Suite and other business-related software.
  • Certified Compensation Professional (CCP) or other HR certification preferred.
  • Korn Ferry Hay Job Slotting experience strongly preferred.