What are the responsibilities and job description for the Senior Manager Compensation position at The Equus Group?
We are seeking a talented Senior Compensation Manager for our client in downtown Chicago.
Work you'll do
• Lead the annual compensation review process for approximately 1,000 professionals, both locally and on a global scale. Ensure tools are prepared to support the annual compensation review. Prepare comprehensive report of findings and develop executive summary presentation for review with senior management.
• Ensure compensation is competitive through market analyses, creative use of rewards programs, and a focus on delivering an employer of choice strategy through strategic and operational HR excellence.
• Review and analyze competitive market data and develop recommendations for updates to job architecture, salary structures and bonus targets as appropriate.
• Provide guidance on pay decisions, policy and guidelines interpretation, and job descriptions specific to compensation-related programs.
• Prepare materials on compensation training and education.
• Keep apprised of federal, state, and local benefit & compensation laws and regulations.
• Lead assigned compensation projects including the design, communication and implementation of new plans and programs.
• Liaise with US payroll to action compensation changes.
The team
The People team supports our talented, forward-thinking professionals with a broad range of development, well-being, and engagement programs to enhance their professional and personal journeys. We provide top-notch, leading-edge thinking and advisory support and partner to ensure our professionals develop the right skills and talents to deliver on ambitious priorities.
Qualifications
Required:
• Minimum 5 years of compensation experience.
• Employee-pay expertise including job evaluation, market pricing, and incentive plan design required.
• Expertise designing pay structures.
• The successful candidate should be results-oriented and have the ability to manage multiple projects.
• Self-confident, self-motivated and highly organized with a strong sense of personal accountability.
• Strong communication skills, including excellent written, verbal and presentation capabilities.
• Strong analytic skills; ability to analyze, synthesize and draw conclusions from data is key.
• Experience working in a dynamic / matrixed organization.
Education and experience:
• Bachelor's Degree and CCP certification (preferred)
• Financial services industry experience preferred
Preferred:
• 1-2 years' experience at the manager level preferred.
Salary : $140,000 - $200,000