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Compensation Lead

Tekwissen

Overview:

TekWissen Group is a workforce management provider throughout the USA and many other countries in the world. Our client is an American food company formed by the merger of client Food and the third-largest food and beverage company in North America


Position: Compensation Lead

Location: Chicago, IL 60601

Duration: 9 Months

Job Type: Temporary Assignment

Work Type: Hybrid

Job Description:

  • The Compensation Lead will play a critical role in driving compensation strategy and decision-making across North America Support Functions; India, and Mexico Global Capability Centers .
  • 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 across multiple countries
  • 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
  • 7+ years' compensation experience, preferably with in-depth knowledge of India and Mexico Labor Markets
  • 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
Must haves:
  • Deep compensation expertise
  • Ability to lead large, cross functional initiatives
  • Comfort operating globally and navigating complexity
  • Strong technical acumen (advanced Excel, analytics)
Strong differentiators:
  • Prior India and/or Mexico market exposure
  • Korn Ferry Hay job evaluation experience
  • Demonstrated change leadership within COE/shared services models

TekWissen® Group is an equal opportunity employer supporting workforce diversity.
Vacancy posted 4 days ago
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