Compensation Lead
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Job Location:
Chicago, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
10 hours ago
Vacancies:
1 Vacancy
Job Summary
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:
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
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.
