Compensation manager job description

Dematic is hiring a Compensation Manager for the Americas Region, who will lead compensation for the US, Canada and Mexico.

In this position, you will have the opportunity to partner with the Global Total Rewards team to continue building Dematic as an employer of choice through an attractive compensation strategy. You will have the ability to take a concept and create solutions, collaborate with all levels within an organization, be passionate about turning data into a compelling story and implement and manage new programs, including compensation reviews and pay program designs.
What we offer:

Key Responsibilities

Trusted advisor to business leaders and HR partners by providing consultation and creative solutions to address compensation challenges in the business. Partner in the development, implementation, and evaluation of strategies and programs designed to provide for equitable and competitive employee compensation. Develop measures and reporting to assess the our compensation approach against market and company goals to help drive business decisions tied to compensation. Research and provide insights across the Americas to support continuous improvement and proactive thinking with future improvements anticipating upcoming compensation challenges. Partner and manage relationships with external compensation vendors for market data in collaboration with Global Total Rewards. Lead regional compensation projects that align with our company philosophy and drive the right behaviors to deliver our business. Responsible for job evaluation and position evaluation working with the business partners. Act as the consulting partner to HRBP in re-org evaluations and competitive analysis. Lead for US, Canada and Mexico the year-end merit process including salary, bonus, compensation grade audits and bonus accruals within Workday. Support short-term and long-term incentives administration programs including creating, tracking and distribution of compensation statements, payout calculations, and coordination with global Payroll teams. Serve as subject matter expert in processes, consulting business partners, and implementation of new system integrations.
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Tasks and Qualifications:



Qualifications


Bachelor's Degree required. 7+ years of progressive experience in Human Resources; concentration in Compensation/Total Rewards. Subject matter expert for latest trends in Global Compensation field and have continuous improvement mindset. Excellent relationship building, collaboration with experience partnering with stakeholders and a track record of staying on top of project status. Strong analytical abilities. Detail oriented and strong technical acumen with experience in dealing with large data. Expert in Excel and experience working with HR system and reporting. Ability to mitigate unforeseen problems creatively and effectively.

We have an opportunity for a Global Compensation Manager to join our enterprise global compensation team in Golden Valley, MN. In this individual contributor role, you will consult with HR business partners and leadership by coaching and providing guidance on global compensation programs. This is an excellent opportunity to join a growing, sustainability-focused global organization, where employees and leadership truly live our Win-Right values and promote internal growth and development.

** You can work a hybrid work schedule (1 day/week in-office minimum) out of our North America Corporate Headquarters in Golden Valley, MN! #LI-Hybrid **
You will:
Design and develop base and bonus / incentive programs and processes that support pay for performance initiatives, as well as employee retention.Design, develop and implement salary structures for multiple countries across the globe.Lead enterprise-wide, global compensation projects, by defining project objectives, identifying team members, and outlining project plan goals.Conduct market evaluations and analyses to determine appropriate labor market matches and ensure compensation programs maintain competitiveness with the external labor market and internal equity.In partnership with teammates from compensation and HRIS, design, administer and provide consulting support for the Annual Compensation Cycle.

Key Qualifications:
Have earned a bachelor's degree in a related field.Have 7+ years of relevant professional experience, 4+ years of which focused on designing, managing, and executing compensation pay programs, including salary structure development.Experience designing or managing bonus or incentive-based programs related to operations, sales, individual contributor or management plans a plus.Ability to consult and advise all levels of the organization, including senior leadership, using strong business acumen and presence.Ability to utilize Human Resources Information Software (HRIS), such as Workday.Experience utilizing compensation administration tools, such as MarketPay a plus.

At Pentair, you will work along-side passionate problem-solvers who are committed to the future of our planet. We put our purpose into practice, inspiring people to move, improve and enjoy life's essential resources for happier, healthier lives. From our residential and business water solutions to our sustainable innovations and applications, our 11,250 global employees serve customers in more than 150 countries, working to help improve lives and the environment around the world.

As a Pentair employee, you would enjoy a wide array of benefit options to help keep you and your family healthy and protected, a generous 401(k) and ESPP to help you save for retirement, plus paid time off and wellness programs to encourage a healthy work/life balance.

Pentair is an Equal Opportunity Employer

Diversity and Inclusion:
With our expanding global presence, cross-cultural insight and competence are essential for our ongoing success. We believe that a diverse workforce contributes different perspectives and creative ideas that enable us to continue to improve every day. Race, gender, ethnicity, country of origin, age, personal style, sexual orientation, physical ability, religion, life experiences and many more factors contribute to this diversity.
We take ongoing action to improve the diversity of our workforce by:
Ensuring leadership involvement and ownership Attracting and retaining diverse talent at all levels Fostering a globally aware, inclusive culture Ensuring our practices are fair and non-discriminatory

The Lubrizol Corporation, a Berkshire Hathaway company, is a market-driven global company serving customers in more than 100 countries. We own and operate manufacturing facilities in 17 countries, as well as sales and technical offices around the world. Through our global sales and manufacturing networks, we are able to deliver the products and services our customers need, where and when they need them.

At Lubrizol, our mission is straightforward: We improve lives as an essential partner in our customers' success, delivering efficiency, reliability or wellness to their end users. Read the cover story in Smart Business Magazine to learn how Lubrizol plans to advance its growth.
Lubrizol is currently looking for aglobal Compensation Manager supporting our Operations group. In this role, your main responsibility would be to provide general oversight and direction regarding the implementation of Lubrizol's compensation philosophy and strategy, coordinates job/position structures, the salary administration process and variable compensation. In this role, you would provide strategic guidance regarding global equity and competitive global pay and ensures regulatory compliance relating to compensation. To be successful in this role, you should have the ability to build relationships, influence others, and make decisions based on data and analysis. This role will be based at our Global Headquarters, in Wickliffe, Ohio, or our Deer Park, Texas site, following a hybrid working model.

What you will do:

Establish and manage the full range of employee compensation, both company and country required (e.g., fixed and variable compensation). Provide strategic guidance and support to Business and Function leaders for annual and long-term compensation planning. Manage and coordinate global compensation processes and systems (eg.: annual salary planning, incentive compensation and related systems and processes). Validate / approve new or significantly changed Lubrizol positions (e.g., title, grade, level, pricing). Monitor and improve compensation plans' effectiveness and costs. Oversee compensation systems administration and develop the deployment plan, material and communications for the annual compensation processes and new or changed programs. Communicate and assist executive with compensation management, programs and processes.



What you need:


Bachelor's degree in Business Administration or similar or equivalent experience 7+ years of HR experience 3+ years in a Compensation COE or HR Shared Services environment Experience with Compensation Survey Methodology and Participation Experience with Global Companies/Structures



What will put you ahead:


Professional compensation certification(s) Experience with HR systems (SAP-HCM, Success Factors), Compensation Systems and Applications



What Lubrizol offers:


Competitive salary with performance-based bonus plans 401K Match plus Age Weighted Defined Contribution Plan Competitive medical, dental & vision offerings Health Savings Account Paid Holidays, Vacation, Parental Leave Flexible work environment


Learn more at benefits.lubrizol.com!

While headquartered in the United States, Lubrizol is truly a global specialty chemical company. We have a major presence in five global regions and do business in more than 100 countries. Our corporate culture ensures that Lubrizol is one company throughout the world, but you will find each region is a unique place to work, live and play.

Lubrizol is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to sex, race, color, national origin, citizenship, age, religion, marital status, military service, sexual orientation, genetic information, gender identity, or any other characteristic or trait protected by federal, state, or local law.

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