Analysis Skills, Benchmarking, Business Administration, Certified Compensation Professional, Communication Skills, Compensation and Benefits, Cross-Functional, Financial Management, Human Resources Certification, Incentive Programs, Interpersonal Skills, Market Analysis, Microsoft Office, Philosophy, Policy Implementation, Procedure Implementation, Process Improvement
Location: Chicago, IL (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:- Bachelors 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.
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Axelon Services Corporation