Compensation Manager

Stefanini North America and APAC; Chicago (IL); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Stefanini is seeking a Compensation Manager in Chicago, IL with hybrid work arrangements. The role leads NA compensation strategy, offers guidance on job evaluations, market benchmarking, salary structure design and incentive plan administration across North America Operations and Procurement.

The ideal candidate combines analytical, technical, and interpersonal skills to navigate complex compensation landscapes and drive equity and competitiveness in a manufacturing-centric environment.

Qualifications

• Bachelor's degree required; MBA or equivalent degree preferred.
• 5+ years' compensation experience with in-depth knowledge of Operations and Plant Manufacturing.
• CCP or HR certification preferred.
• Korn Ferry Hay Job Slotting experience strongly preferred.
• Excellent interpersonal and communication skills.

Responsibilities

• Develop and administer compensation programs for both the salaried and hourly populations.
• 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 compensation.

Skills

Compensation strategy

Job evaluations

Excel analytics

Cross-functional collaboration

Stakeholder management

Education

Bachelor's degree

MBA or equivalent

Tools

Microsoft Office Suite

Job description

Stefanini is looking for a Compensation Manager in Chicago, IL (Hybrid)

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

Shift: Monday-Friday, 8AM - 5PM

Details:

• What are the top 2-3 compensation priorities or business challenges this individual will be expected to address within their first 6-12 months?
• Annual salary structure redesign US and Canada.
• Hourly incentive plan effectiveness, and payout efficiency.
• Support for HR leadership, Influence Operations/Commercial Leadership.
• Market Analytics/Insights.
• Annual Salary Planning Administration.
• Cross-functional stakeholder management.
• How critical is prior manufacturing and operations compensation experience, and what aspects of that experience are most important?
• This role will be hybrid - a large portion will be focused on manufacturing for both union and non-union hourly populations, plus salaried (Sr Director and below).
• Multi-site manufacturing organizations with varying compensation strategies and complexities.
• What differentiates a strong candidate from an exceptional candidate for this role?
• Expertise with both hourly and salaried populations.
• Korn Ferry Hay job evaluation experience.
• Demonstrated change leadership within COE/shared services models.
• Ability to lead large, cross‑functional initiatives.
• Comfort operating globally with local differentiation and navigating complexity
• Strong technical acumen (advanced Excel, analytics).
• Influence with senior leaders.
• Leading compensation strategy in complex manufacturing.

Job Description:

• The Sr. Manager, Compensation will play a critical role in driving compensation strategy and decision-making across North America Operations and Procurement.
• 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.

Key Components of the role

• Develop and administer compensation programs for both the salaried and hourly populations
• 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 compensation

Job Requirements

Details:

Qualifications:

• Bachelor's degree required, MBA or equivalent degree preferred.
• 5+ years' compensation experience with in-depth knowledge of Operations and Plant Manufacturing.
• People Management experience is strongly preferred.
• 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.

Listed salary ranges may vary based on experience, qualifications, and local market. Also, some positions may include bonuses or other incentives.

Stefanini takes pride in hiring top talent and developing relationships with our future employees. Our talent acquisition teams will never make an offer of employment without having a phone conversation with you. Those face-to-face conversations will involve a description of the job for which you have applied. We also speak with you about the process including interviews and job offers.

About Stefanini Group

The Stefanini Group is a global provider of offshore, onshore and near shore outsourcing, IT digital consulting, systems integration, application, and strategic staffing services to Fortune 1000 enterprises around the world. Our presence is in countries like the Americas, Europe, Africa, and Asia, and more than 400 clients across a broad spectrum of markets, including financial services, manufacturing, telecommunications, chemical services, technology, public sector, and utilities. Stefanini is a CMM level 5, IT consulting company with a global presence. We are CMM Level 5 company.