Compensation Manager

Details:

Stefanini Group is hiring!

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid)

For quick apply, please reach out to Johvie Cuan

Call: +1 (248) 582-6508 / Email: Johvie.Cuan@stefanini.com

Open for W2 candidates only!

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