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Job Requirements of Compensation Lead:
-
Employment Type:
Contractor
-
Location:
Chicago, IL (Onsite)
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Compensation Lead
Careers Integrated Resources Inc
Chicago, IL (Onsite)
Contractor
Duration: 9 months, possibility of extension
Pay: $74 hourly
Job Description:
Must haves:
Strong differentiators:
Key Components of the role:
Qualifications:
Pay: $74 hourly
Job Description:
- The Compensation Lead will play a critical role in driving compensation strategy and decision-making across North America Support Functions; India, and Mexico Global Capability Centers.
- Reporting to the Director of North America & WHQ Compensation, this position will provide expert guidance and consultation to HR Business Partners and Business Leaders on a range of compensation-related matters, including job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration.
- To succeed in this role, candidates must possess a unique blend of analytical, technical, and interpersonal skills, with the ability to navigate complex and ambiguous situations.
Must haves:
- Deep compensation expertise
- Ability to lead large, cross functional initiatives
- Comfort operating globally and navigating complexity
- Strong technical acumen (advanced Excel, analytics)
Strong differentiators:
- Prior India and/or Mexico market exposure
- Korn Ferry Hay job evaluation experience
- Demonstrated change leadership within COE/shared services models
Key Components of the role:
- Develop and administer compensation programs across multiple countries
- Execute the annual salary planning and incentive cycles
- Perform and oversee job evaluations of both broad-based and executive positions
- Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility that align with our pay-for-performance philosophy and culture of meritocracy
- Oversee the salary survey participation and salary structure development for multiple countries
- Develop, design, and execute compensation related training
- Propose process improvements and recommend policy changes to assure compliance and competitiveness of client’s compensation
Qualifications:
- Bachelor’s degree required, MBA or equivalent degree preferred
- 7+ years’ compensation experience, preferably with in-depth knowledge of India and Mexico Labor Markets
- In depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws
- Excellent interpersonal and communication skills
- Ability to manage cross-functional projects and influence team members without direct managerial authority
- Solutions-oriented mindset with a desire to innovate
- Knowledge of Microsoft Office Suite and other business-related software
- Certified Compensation Professional (CCP) or other HR certification preferred
- Korn Ferry Hay Job Slotting experience strongly preferred
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