Sr. Compensation Manager

Sr. Compensation ManagerJob Location - Chicago, IL (Hybrid - 2 days from home Monday and Friday) Duration - 06 monthsThe 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 RoleDevelop 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 the client's compensation.QualificationsBachelor'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.