What are the responsibilities and job description for the Senior Manager Compensation position at CRG Search?
Client
Our client is a global leader in energy resilience, committed to providing innovative solutions that empower individuals and businesses to better manage their energy needs. With over 100 years of experience, they focus on giving customers more control over energy sourcing and distribution, from industrial applications to residential settings.
Summary
We are recruiting for a dynamic Senior Compensation Manager to lead and transform our global compensation function. In this role, you will partner closely with senior leadership to design and implement a competitive, equitable pay structure that attracts, motivates, and retains top talent. You will be responsible for overseeing the creation of job structures, compensation programs, and incentive strategies while leveraging data analytics to drive decisions. The Senior Compensation Manager will also ensure compliance with relevant regulations and foster a culture of fairness and transparency in compensation practices.
Location
Can be remote, but Hybrid (2-3 days in office) in Metro-Milwaukee, WI preferred.
Compensation
Enjoy a competitive base salary unparalleled award-winning benefits.
Primary Responsibilities
- Lead the complete end-to-end transformation of global salary structure.
- Model, propose, build, and test Workday functionality for updated compensation and job structures and programming.
- Collaborate with senior leadership to define and implement a comprehensive compensation strategy aligned with the organization's goals and objectives. Analyzes market trends, industry benchmarks, and competitor data to ensure our compensation plans remain competitive and attractive to top talent.
- Develop, maintain, and continuously enhance a robust pay structure that balances internal equity and external competitiveness. Ensures compliance with relevant labor laws and regulations while establishing fair and equitable compensation practices.
- Lead efforts to evaluate and classify jobs within the organization, ensuring accurate job descriptions and appropriate salary ranges. Conducts market pricing and benchmarking studies to establish competitive salary ranges for all positions.
- Collaborate with senior leadership to design and administer incentive programs, including bonuses, commissions, and equity-based compensation, to drive performance and retention.
- Utilize data analytics tools to generate reports and dashboards that provide insights into compensation trends, costs, and effectiveness. Presents data-driven recommendations to senior leadership to support decision-making.
- Ensure the organization's compensation practices adhere to all relevant laws and regulations, including the Equal Pay Act, Fair Labor Standards Act, and local labor laws. Conducts periodic audits to maintain compliance and address any discrepancies.
- Partner with HR and business leaders to provide training and guidance on compensation-related matters. Fosters a culture of transparency and fairness in compensation discussions.
Education, Skills, and Experience