Compensation Manager

Hunt; Chicago (IL); Hybrid; USD 120,000 - 170,000; Full time

Job summary

Chicago-based Compensation Manager role offering hybrid work arrangements. You will drive compensation strategy across North America operations, partnering with HR Business Partners and business leaders on job evaluations, market benchmarking, salary structure development, and incentive plan design.

Develop and administer compensation programs for both hourly and salaried staff, execute annual salary planning, and oversee cross‑country salary survey activities.

Qualifications

• Bachelor’s degree required; MBA or equivalent degree preferred.
• 5+ years of compensation experience with in-depth knowledge of Operations and Plant Manufacturing.
• Experience with both hourly and salaried populations and Korn Ferry Hay job evaluation experience.
• Strong technical acumen (advanced Excel, analytics) and advanced knowledge of compensation theories, principles, program design, and applicable laws.
• Excellent interpersonal and communication skills; ability to manage cross‑functional projects and influence stakeholders without direct authority.
• People management experience strongly preferred.
• Certified Compensation Professional (CCP) or other HR certification preferred.
• Experience leading large cross‑functional initiatives and influencing senior leaders.

Responsibilities

• Drive compensation strategy and decision-making across NA Operations and Procurement.
• Provide expert guidance on job evaluations, benchmarking, offers, salary structures, and incentive plan design and administration.
• Develop and administer compensation programs for both salaried and hourly populations.
• Execute annual salary planning and incentive cycles.
• Perform job evaluations of broad-based and executive positions.
• Ensure internal equity, external competitiveness, and pay-for-performance alignment.
• Oversee salary survey participation and structure development for multiple countries.
• Design and deliver compensation-related training.
• Propose process improvements and policy changes to ensure compliance and competitiveness.
• Address compensation priorities such as annual structure redesign for US/Canada, hourly plan effectiveness and market analytics.

Skills

Advanced Excel

Analytics

Cross-functional collaboration

People management

Communication

Influence stakeholders

Education

Bachelor’s degree

MBA or equivalent

Tools

Korn Ferry Hay

Job description

Compensation Manager – Chicago, IL (Hybrid)

Location: 200 E Randolph St, Chicago, IL 60601 (Hybrid – 2 days from home Monday and Friday).

Key Responsibilities

• Drive compensation strategy and decision-making across North America Operations and Procurement.
• Provide expert guidance and consultation to HR Business Partners and Business Leaders on job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration.
• Develop and administer compensation programs for both salaried and hourly populations.
• Execute annual salary planning and incentive cycles.
• Perform and oversee job evaluations of broad-based and executive positions.
• Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility aligned with a pay‑for‑performance philosophy.
• Oversee 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.
• Address compensation priorities such as annual salary structure redesign for US and Canada, hourly incentive plan effectiveness and payout efficiency, market analytics/insights, and cross‑functional stakeholder management.

Required Qualifications

• Bachelor’s degree required; MBA or equivalent degree preferred.
• 5+ years of compensation experience with in‑depth knowledge of Operations and Plant Manufacturing.
• Experience with both hourly and salaried populations and Korn Ferry Hay job evaluation experience.
• Strong technical acumen (advanced Excel, analytics) and advanced knowledge of compensation theories, principles, program design, and applicable laws.
• Excellent interpersonal and communication skills; ability to manage cross‑functional projects and influence stakeholders without direct authority.
• People management experience strongly preferred.
• Certified Compensation Professional (CCP) or other HR certification preferred.
• Experience leading large cross‑functional initiatives and influencing senior leaders.

Contact

Johvie Cuan – Phone: [phone] – Email: [e-mail]