Demo

Senior Manager Compensation

The Equus Group
Chicago, IL Full Time
POSTED ON 2/7/2025
AVAILABLE BEFORE 3/8/2025

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

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