Senior Manager, Compensation

Schneider Electric; Chicago (IL); Hybrid; USD 169,000 - 253,000; Full time

Benefits offered by this job

Medical, dental, vision

Life insurance

PTO & holidays

401(k) + match

Flexible work arrangements

Job summary

Schneider Electric is seeking a Senior Manager, Compensation. This hybrid role requires 2 days in-office weekly and can be based at any U.S. Hub location. The role leads the compensation framework, market research, and global rollout of programs, reporting to executive leadership.

The position emphasizes strategic design, stakeholder management, change leadership, and collaboration across HR, Finance and Legal to drive market competitiveness and compliance.

Qualifications

• 8+ years of compensation experience in a large, global corporate and/or consulting environment.
• Experience designing, implementing, and managing U.S. broad-based, sales and executive compensation programs.
• Ability to manage multiple programs and influence a wide range of stakeholders.
• Strong consultative skills and leadership in compensation.
• Expertise with compensation market research, modeling and analysis tools.
• Ability to develop and deliver reports and communications to executives.
• Experience communicating compensation plans and managing change.
• Ability to lead multiple projects with energy and passion.

Responsibilities

• Designs and implements the Schneider Electric compensation framework.
• Maintains deep knowledge of the compensation market and champions innovation.
• Designs competitive compensation solutions using benchmarks and business needs.
• Leads NA compensation initiatives; ensures global programs are rolled out effectively.
• Prepares merit budgets, salary structures, and market competitiveness objectives.
• Ensures training and communication of compensation programs to HRBP teams.
• Ensures compliance with federal, state, and local laws and advises management accordingly.
• Supports M&A due diligence and integration focusing on compensation.
• Collaborates across HR functions and with Finance, Legal, and HR Services.

Skills

Compensation strategy

Stakeholder management

Leadership

Market research

Change management

Executive comms

Cross-functional collaboration

Tools

Modeling tools

Job description

Schneider Electric has an exciting opening for a Senior Manager, Compensation. This is a hybrid role (2 days in-office per week) and can be based at any of our U.S. Hub locations.

Key responsibilities

• Designs and implements the Schneider Electric compensation framework which includes a variety of programs aligned with the people and business strategies, objectives and desired competitive position in the marketplace. Takes positive actions and accountability for assigned work.
• Maintains deep knowledge of the competitive compensation market space. Serves as a champion for innovation in the compensation space.
• Designs competitive compensation solutions by considering external benchmarks, business needs, employee preferences and cost considerations.
• Serves as the North America compensation lead for certain initiatives and ensures global compensation programs are rolled out efficiently and effectively.
• Prepares merit budgets, salary structures and competitive market to meet budget and market competitiveness objectives.
• Ensures proper communication and training of the HRBP teams for them to deploy the compensation programs. Monitors deployment progress and results.
• Ensures compliance with all legal requirements. Studies existing and new federal, state, and local legislation by acquiring qualified opinions. Enforces adherence to requirements and advises management of needed actions.
• Supports business M&A efforts under the leadership of the M&A Project Manager by conducting due diligence and integrating new employees into the company with a focus on compensation.
• Works collaboratively and participates in global projects.
• Builds strong cross-functional relationships with HRBPs, HR Services, Legal, Finance and other HR colleagues.

This role is for you if you have:

• 8+ years of relevant compensation experience in a large, global corporate and/or consulting environment, including demonstrated ability designing, implementing, and managing U.S. broad-based, sales and executive compensation strategy, programs and processes
• Experience effectively managing concurrent programs, processes and initiatives, collaborating with and influencing a wide range of stakeholders, and a proven ability to think about the change management implications of the work to be implemented
• Strong consultative skills and experience managing compensation for select businesses
• Strong leadership skills
• Expertise with the full spectrum of approaches and tools used for compensation-related market research, modeling and analysis
• Confidence and skill to develop and deliver formal and informal reports, presentations and communications to executive audiences
• Experience developing and delivering compensation communications and effectively managing change
• Ability to lead and handle multiple projects with energy and passion

What's in it for me?

• High-visibility role where your work directly influences talent strategy and organizational success
• Opportunity to collaborate with senior leaders and shape the future of rewards programs
• Supportive, innovative culture that values expertise and continuous learning
• Career growth in a dynamic environment with complex, strategic challenges

Looking to make an IMPACT with your career?

When you are thinking about joining a new team, culture matters. At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success. We believe that our IMPACT values – Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork – starts with us.

IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions, no matter what role you play. It is a call to connect your career with the ambition of achieving a more resilient, efficient, and sustainable world.

We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization. We celebrate IMPACT Makers and believe everyone has the potential to be one.

Our Total Rewards package outlines all the benefits and support you’ll enjoy as part of the Schneider Electric team:

Care for Yourself and Your Family. We ensure you feel secure with benefits that help you and your family thrive: medical (with member reward points), dental, vision, and basic life insurance, Benefit Bucks (credits to apply towards your benefits), flexible work arrangements, paid family leaves, well‐being programs, 12 holidays per year, 20 days of paid time off per year (pro‑rated in the first year of employment based on start date).

Invest and Plan Your Future. We help you plan and invest for the future with competitive pay and programs: your base salary, short‑term incentives or sales incentives, opportunities to own company shares (eligibility depends on start date), and 401(k) + match.

Grow Your Skills and Career. We commit to helping you grow with ongoing performance and development conversations, Senior Talent Program, global career opportunities, access to our Schneider Career Hub for new positions, projects, and mentors, and learning platforms like Coursera to equip you with the skills for today and tomorrow.

Team Up in the Workplace. We encourage teaming up through project opportunities on the Schneider Career Hub, smart ways to collaborate, celebrating contributions via a recognition program (including service anniversary), sharing your voice in our engagement survey, and fostering an inclusive, caring workplace.

Support Your Community. We make a difference in your community with volunteer leave, programs through the Schneider Electric Foundation, initiatives that support youth education, and military leave benefits.

For this U.S. based position, the expected pay range is USD 168,800 - USD 253,200 per year. This pay range includes base pay and short‑term incentives. The compensation range for this full‑time position applies to candidates located within the United States. Our pay ranges are determined by reviewing roles of similar responsibility and level. Within the pay range, individual pay is determined by several factors including performance, knowledge, job‑related skills, experience, and relevant education or training.

Schneider Electric is there when it matters most to you

€40 billion global revenue

+9% organic growth

150 000+ employees in 100+ countries

Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best. We mirror the diversity of the communities in which we operate, and ‘inclusion’ is one of our core values. We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do.

At Schneider Electric, we uphold the highest standards of ethics and compliance, and we believe that trust is a foundational value. Our Trust Charter is our Code of Conduct and demonstrates our commitment to ethics, safety, sustainability, quality and cybersecurity, underpinning every aspect of our business and our willingness to behave and respond respectfully and in good faith to all our stakeholders. You can find out more about our Trust Charter here

Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status or any other legally protected characteristic or conduct.