Senior Compensation Manager
Senior Compensation Manager
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$ 145000 - 170000
1 Vacancy
Job Description
17071
Our Team is seeking an experienced Senior Compensation Manager to oversee compensation strategy policy and compliance for a global client group consisting of Aerospace manufacturing businesses. The successful candidate will create manage and deploy compensation systems to ensure market competitiveness and alignment with business objectives. Key responsibilities of the position will focus on planning design implementation regulatory compliance communication evaluation and administration of salary plans incentive plans and reward programs. This role will also provide internal customers primarily HR site and regional leaders with compensation solutions for a variety of complex compensation issues.
The Senior Compensation Manager will be based in a PCC manufacturing facility in one of the following locations:
- Los Angeles County or Orange County CA
- Seattle WA
- Houston TX
Primary Duties & Responsibilities:
- Design and implement compensation structures that are robust appropriate and tailored to the needs of the business. Routinely assess the market appropriateness of the pay scales in concert with the business needs and strategic goals.
- Compensation structure administration: annual survey data submission analysis of survey results and maintenance of internal compensation structure.
- Uses knowledge of business strategies and competitive compensation practices to develop solutions detailed implementation plans and financial impact to respective stakeholders.
- Oversee enhance and manage the administration of company incentive programs including the corporate longterm incentive program annual executive level bonus program and the Quarterly Cash Bonus Program.
- Manages the annual merit review process for the assigned client group
- Ensure ongoing FLSA compliance and conduct audits periodically to assess compliance; thoroughly document findings and recommend appropriate solutions for compliance
- Analyzes job descriptions formulates recommendations regarding FLSA exemptions market data comparisons and organizational structures. Supports site compliance audits.
- Develop communications tools to actively promote the effective comprehension and utilization of incentive programs. Model overall program payouts and various planning scenarios. Administer and update plan documents and communication annually.
- Partner with HR leaders to ensure development and design of compensation tools for manager selfservice bonus and incentive planning / tracking and annual merit planning.
- Subject matter expert for compensation tools and processes. Partner with HRIS to develop and deploy compensation processes and systems including requirements definition testing implementation and change management
Required Skills:
- Ability to interface collaborate and proactively communicate effectively with clients including internal HR business partners business leaders and external vendors.
- Detail oriented with keen sense of accuracy particularly in timesensitive situations
- Problem Solving Skills: Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.
- Analytical: Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data; designs workflows and procedures.
- Excellent written and verbal communication skills with the ability to adapt to shifting priorities customer concerns and management objectives.
- Strong presentation skills with the ability to communicate proposed initiatives to senior leadership
- Project management skills: Develops project plans; coordinates projects; communicates changes and progress; completes projects on time and budget; manages project team activities.
- Experience with market pricing methodologies variable compensation plans and FLSA compliance
Basic Qualifications:
- 7 years of experience as a compensation leader role to include developing and maintaining salary structures annual merit process administration and data analytics
- Experience administering executive compensation including annual incentives longterm incentives and equity programs
- Bachelors Degree in Business or relateddiscipline
- System experience:
- Excel (advanced lookups and pivot tables)
- PowerPoint and Access (intermediate experience)
- HRIS systems (e.g. Workday Oracle Peoplesoft or SAP SuccessFactors)
Travel Requirements:
- 510 travel
With more than 120 operations and approximately 20000 employees worldwide Precision Castparts Corp. is the market leader in manufacturing large complex structural investment castings airfoil castings forged components aerostructures and highly engineered critical fasteners for aerospace applications. In addition we are the leading producer of airfoil castings for the industrial gas turbine market. We also manufacture extruded seamless pipe fittings and forgings for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials for the casting and forging industries. With such critical applications we insist on quality and dependability not just in the materials and products we make but in the people we recruit.
PCC is relentless in its dedication to being a highquality lowcost and ontime producer; delivering the highest value to its customers while continually pursuing strategic profitable growth.
In 2016 Berkshire Hathaway led by Chairman and CEO Warren E. Buffett acquired Precision Castparts Corp.
Required Experience:
Manager
Employment Type
Full-Time
