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Compensation Manager Job in Chicago, Illinois, United States

The successful candidate can look forward to working for a forward-thinking business offering end-to-end solutions and a collaborative approach.

As Compensation Manager, your main responsibilities will include:

  • Independently design, implement and administer strategically focused compensation programs for all areas within the company
  • Function as the subject matter expert for all aspects of base pay, variable compensation, and some areas of Executive Compensation
  • Ensure that consistent, equitable and competitive salary treatment of employees is maintained
  • Conduct, participate in, and analyse salary surveys, summarizes results, presents findings and prepares recommendations
  • Recommend and implement improvements to the annual compensation program and may serve as project lead on major compensation programs
  • Assist managers, associates and Human Resources Generalists with the design and make up of job families and positions within the organization
  • Review proposed job titles and recommends alternative titles when appropriate. Assists in coordinating job title consistency throughout the organization where appropriate.
  • Determine competitive compensation levels and assist in design, development, implementation and administration of incentive compensation programs
  • Manage special projects and/or studies on a variety of compensation projects, programs and policies and related matters

Required Skills and Experience:

  • Bachelor’s degree in Business, Finance, HR, or other field related to functional work or role with a number of years of relevant work experience
  • Able to communicate clearly and courteously with those who need to know of decisions/actions/problems
  • Requires excellent communication skills with ability to state messages in a clear manner by using language that is easy for others to understand
  • Must be well versed in compensation theory/practice, and in local, state and federal laws and regulations such as the Fair Labor Standards Act, and Equal Pay Act
  • Certified Compensation Professional (CCP)
  • Advanced Excel skills
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