Sr Manager Compensation

Job Title:Compensation Manager  Hybrid

Duration:12 months 

Location: Chicago, IL (200 E Randolph St)

Work Location : 200 E Randolph St Chicago, IL 60601  (hybrid - 2 days from home Monday and Friday) 

Overview

• Scheduled Days of the Week & Hours :Monday-Friday 8AM-5PM.
• Interview Process: (individual or panel, one or multiple)? One Interview.
• Interview Type: (video, call, in-person) : Video Conference.

Q&A with HM:

1. What are the top 2–3 compensation priorities or business challenges this individual will be expected to address within their first 6–12 months?

• Annual salary structure redesign US and Canada.
• Hourly incentive plan effectiveness, and payout efficiency.
• Support for HR leadership, Influence Operations/Commercial Leadership.
• Market Analytics/Insights.
• Annual Salary Planning Administration.
• Cross-functional stakeholder management.

2. How critical is prior manufacturing and operations compensation experience, and what aspects of that experience are most important?

• This role will be hybrid – a large portion will be focused on manufacturing for both union and non-union hourly populations, plus salaried (Sr Director and below).
• Multi-site manufacturing organizations with varying compensation strategies and complexities.

3. What differentiates a strong candidate from an exceptional candidate for this role?

• Expertise with both hourly and salaried populations.
• Korn Ferry Hay job evaluation experience.
• Demonstrated change leadership within COE/shared services models.
• Deep compensation expertise.
• Ability to lead large, cross‑functional initiatives.
• Comfort operating globally with local differentiation and navigating complexity
• Strong technical acumen (advanced Excel, analytics).
• Influence with senior leaders.
• Leading compensation strategy in complex manufacturing.

Job Description:

• The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations and Procurement. 
• Reporting to the Director of North America & WHQ Compensation, this position 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, candidates 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 both the salaried and hourly populations
• 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 our 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 Client compensation

 Qualifications:

• Bachelor's degree required, MBA or equivalent degree preferred.
• 5+ years' compensation experience with in-depth knowledge of Operations and Plant Manufacturing.
• People Management experience is strongly preferred.
• In depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws.
• Excellent interpersonal and communication 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.