Senior Manager, Compensation and Benefits

Point B; Chicago (IL); On-site; USD 94,000 - 210,000; Full time

Job summary

An established industry player is seeking a Senior Manager for Compensation and Benefits to lead the design and administration of innovative compensation programs. This role involves collaborating with management to enhance employee benefits, analyze compensation practices, and develop strategies that attract and retain top talent. The ideal candidate will possess strong analytical skills and a thorough understanding of compensation principles, ensuring compliance with regulations. Join a dynamic team that values growth, flexibility, and a collaborative culture, where your contributions will significantly impact the future of the organization.

Benefits

Career growth opportunities

Flexible consulting model

Comprehensive Total Rewards program

Collaborative culture

Work-life balance support

Qualifications

• 10+ years in compensation management with strong analytical skills.
• Experience with employee benefits and job architecture design.

Responsibilities

• Develop and implement compensation strategies aligned with company goals.
• Ensure compliance with relevant laws and regulations.

Skills

Analytical Skills

Communication Skills

Compensation Management

Vendor Management

Problem Solving

Education

Bachelor’s degree in HR, Business, Finance, or Data Analytics

Tools

Workday

Job description

Senior Manager, Compensation and Benefits

Join to apply for the Senior Manager, Compensation and Benefits role at Point B.

Point B is a business innovation firm that takes the guesswork out of transformation. We engineer your future by combining advanced technologies and industry expertise to help you reimagine your business and its processes to stay ahead. We are committed to different, living our values through our work and success.

We partner with clients to address challenges and drive tailored solutions for their business, people, and future. Our world-class NPS score demonstrates our excellence in listening, agility, and accelerating value.

As a Senior Compensation and Benefits Manager, you will lead the strategy, design, and administration of our compensation and benefits programs, ensuring alignment with Point B’s vision and competitive practices. You will collaborate with management to improve programs, manage employee benefits, analyze compensation practices, and develop strategies to attract, motivate, and retain talent. Your role involves making decisions on salary structures, bonus programs, and incentives to foster a transparent and equitable environment. Ensuring compliance with regulations and fair pay practices is also key. The ideal candidate has strong analytical skills, excellent communication, initiative, and thorough knowledge of compensation practices.

Key Responsibilities:

1. Develop and implement compensation strategies aligned with company goals.
2. Conduct market research and analyze trends for program design.
3. Design and manage job architecture, salary ranges, and incentive plans.
4. Partner with Benefits team and vendors to manage benefits programs.
5. Oversee compensation administration using Workday and analytical tools.
6. Ensure compliance with relevant laws and regulations.
7. Collaborate with teams to evaluate and benchmark programs.
8. Provide guidance and training on compensation matters.
9. Lead the design of variable pay and incentives.

What We Offer:

• Career growth opportunities based on your expertise and passions.
• An environment encouraging new opportunities and goal achievement.
• Flexible consulting model supporting work-life balance.
• A fun, collaborative culture passionate about community and clients.
• Comprehensive, flexible Total Rewards program.

Minimum Qualifications:

• Bachelor’s degree in HR, Business, Finance, Data Analytics, or related field.
• 10+ years in compensation management.
• 3+ years working with employee benefits.
• 5+ years in job architecture and sales incentive program design.
• Experience with sales incentives, vendor management, and benefits renewal.
• Exceptional knowledge of compensation principles and laws.
• Strong analytical skills, proficiency in compensation software (preferably Workday), and excellent communication.

Preferred Certifications: CCP or equivalent.

Ideal Candidate Traits:

• Problem solver with a growth mindset.
• Versatile, adaptable, and thrives in ambiguity.
• Passionate about Point B’s mission and culture.
• Able to work remotely and flexible hours.

Compensation & Benefits: Estimated salary range $94,500 - $210,000 USD/year, with bonuses based on performance. Salaries vary based on factors like location, skills, and experience.

Interested? When you apply, your info will be reviewed personally. We look forward to connecting with you!