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Compensation Manager

Company: Wurth Industry North America
Location: Greenwood
Posted on: January 14, 2023

Job Description:

Position Overview:

The Compensation Manager will be a collaborative thought partner interacting with the HR and Finance teams, and cross-functional stakeholders to design and implement effective and scalable compensation programs. This employee will advise on complex compensation matters with data-driven research and develop solutions that are strategically aligned to business goals.

ESSENTIAL DUTIES & RESPONSIBITLIES include the following and all other duties assigned:

  • Manages the assessment, development, implementation, measurement, and administration of companywidecompensation programs for 2000+ employeesacross the U.S.
  • Act as a compensation business partner, strategic solution provider and expert advisor to business and people leaders by combining in-depth knowledge of compensation principles, understanding of the business and market landscape, and detailed analysis/models
  • Perform proactive data analytics to support various compensation assessments initiatives and provide recommendations to HR and business leadership
  • Manage compensation programs such as merit planning, variable pay administration
  • Experience providing job mapping and job leveling guidance to HR and business leaders.
  • Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.
  • Provides advice to corporate staffand leadership includingFinance on pay decisions, policy interpretations, and job evaluations.
  • Builds trusted advisorrelationships with leaders acrossmultiple businessunits. in the U.S.
  • Collaborates cross-functionally to design creative solutions to specific compensation-related programs and incentive plans that are market relevant and incentivize desired outcomes.
  • Develops techniques for compiling, preparing and presenting data.
  • Oversees the participation in salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved.
  • Ensures compliance with federal, state and local compensation laws and regulations.

    EDUCATION/EXPERIENCE:

    • Bachelor's degree or equivalent in business, human resources or related field and 6 years of progressively responsible experience in employee compensation
    • Demonstrated partnership with HR, business leaders, and cross-functional stakeholders in designing and implementing effective and scalable compensation programs
    • At least one year of experience managing subordinates.
    • Proactive data analytics and data-driven research to support or advise various compensation assessments initiatives and provide recommendations to HR and business leadership.
    • Management of compensation programs such as merit planning, variable pay administration, equity nomination and/or distribution processes.
    • Experience providing job mapping and job leveling guidance to HR and business leaders.
    • Certified Compensation professional credentials preferred.

      QUALIFICATIONS, SKILLS & ABILITIES:

      • Knowledge of all federal, state and local regulations and compliance requirements related to employee compensation.
      • Strong analytical skills and ability to interpret and communicate data.
      • Computer proficiency and technical aptitude with the ability to use Microsoft products, with strong Excel skills (focusing on V-Lookup, pivot tables and macros).
      • Strong leadership and team management skills.
      • Excellent time management skills and ability to plan and set priorities.
      • Excellent verbal and written communication
      • Strong interpersonal skills in dealing with senior management

        WHY W--rth:

        • Health, Vision and Dental Benefits for Full-time Employees & their Families!
        • Paid Time Off - start accruing on day one!
        • Paid Holidays
        • 401(K) with Company Match
        • Free Life Insurance
        • Partner Discounts (Ford, Verizon, Harley Davidson and more!

          W--rth Industry North America Key facts:

          • 110+ locations across the US, Canada, Mexico, and Brazil
          • More than 2,600 employees
          • More than 420,000 standard parts
          • Part of the W--rth Group, $15B+, which operates over 400 companies in more than 80 countries and has more than 79,000 employees

            FIND OUT MORE ABOUT OUR COMPANY CULTURE:

            • LinkedIn - https://www.linkedin.com/company/wurth-industry-north-america
            • Facebook - https://www.facebook.com/WurthIndustry
            • YouTube - https://www.youtube.com/c/WurthIndustryNorthAmerica

              EEOC STATEMENT:

              The Wurth Industry North America group of companies are Equal Opportunity Employers and do not discriminate on the basis of an individual's sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, genetic trait or predisposition, carrier status, citizenship, veteran or military status, and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. Wurth will consider qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable federal, state and local laws.

Keywords: Wurth Industry North America, Greenwood , Compensation Manager, Human Resources , Greenwood, Indiana

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