Sr Manager, Compensation & Benefits

Abbott Laboratories; Illinois; On-site; USD 127,000 - 255,000; Full time

Job summary

An established industry player is seeking a Sr. Manager of Compensation & Benefits to provide expert guidance on compensation strategies. This role involves consulting with HR teams, analyzing compensation data, and leading program design and implementation. Join a global healthcare leader committed to employee development and diversity, where you can make a significant impact on compensation practices that enhance employee satisfaction and drive organizational success. If you are passionate about compensation and want to grow your career in a supportive environment, this opportunity is perfect for you.

Benefits

Free Medical Coverage

Retirement Savings Plan

Tuition Reimbursement

Career Development Opportunities

Diversity and Inclusion Initiatives

Qualifications

• 8+ years of compensation analytical/consulting experience required.
• Demonstrated ability to manage priorities and project timelines.

Responsibilities

• Consult with HR and provide guidance on compensation policies.
• Lead data analysis and present proposals to senior leadership.

Skills

Compensation Analysis

Project Management

Microsoft Office

Communication Skills

Analytical Skills

Education

Bachelor's Degree in HR or Business Administration

Master's Degree or MBA

Tools

Project Management Tools

Job description

Sr Manager, Compensation & Benefits page is loaded

Sr Manager, Compensation & Benefits

Apply locations United States - Illinois - Abbott Park time type Full time posted on Posted Yesterday time left to apply End Date: May 28, 2025 (26 days left to apply) job requisition id 31117291 Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries.

JOB DESCRIPTION:

Working at Abbott

At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to:

• Career development with an international company where you can grow the career you dream of.
• Employees can qualify forfree medical coverage in ourHealth Investment Plan (HIP) PPOmedical plan in the next calendar year.
• An excellent retirement savings plan with a high employer contribution
• Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
• A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
• A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

The Opportunity

This position works out of our Abbott Park, IL location in the CHR Corporate Human Resources division.

As the Sr. Manager of Compensation & Benefits, the incumbent will provide compensation subject matter expertise for one of Abbott’s key operating divisions.

What You’ll Work On

• Consult with Business HR (BHR), Area/local Compensation & Benefits colleagues, Practice Centers, and Global HR Services to provide guidance on compensation philosophy, policies and best practices. Develop and deliver compensation training to BHR, TA and other HR areas.
• Lead internal/external data analysis, interpret findings, develop and present proposals/recommendations to senior leadership, Practice Centers, BHR.
• Provide project management and oversight for assigned annual compensation programs. Develop and manage project plans and timetables in collaboration with Business HR, Practice Centers, Area Directors and the Service Center. Identify and agree on service levels, delivery standards and project deliverables/metrics.
• Lead compensation program design, communication, and implementation and provide design expertise in various program areas.
• Provide direction and guidance to Compensation Specialists/Analysts within Practice Center (nonsupervisory).

Required Qualifications

• Bachelor’s degree in HR, Business Administration, or relevant field
• 8+ years compensation analytical/consulting experience
• 10+ years overall HR including project/program management experience
• Demonstrated ability to work independently, manage priorities and project timelines, anticipate needs and determine next steps.
• Advanced skills with Microsoft Office and project management tools.
• Demonstrated ability to work through teams and interact at all organizational levels including key stakeholders and senior management.
• In-depth knowledge of rewards theory, trends, best practices, laws/regulations.
• Demonstrated excellence in organizational and time management, problem-solving, influencing, communication, and analytical skills.

Preferred Qualifications

• Master’s degree (or MBA) in HR, Project Management, or relevant field
• Certified Compensation Professional (CCP) designation
• External compensation consulting experience
• Experience designing compensation plans and market pricing/benchmarking
• Experience with large, global organization

Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com , on Facebook at www.facebook.com/Abbott , and on Twitter @AbbottNews.

The base pay for this position is

$127,300.00 – $254,700.00

In specific locations, the pay range may vary from the range posted.

JOB FAMILY:

Compensation & Benefits

DIVISION:

CHR Corporate Human Resources

LOCATION:

United States > Abbott Park : AP06B

ADDITIONAL LOCATIONS:

WORK SHIFT:

Standard

TRAVEL:

Yes, 5 % of the Time

MEDICAL SURVEILLANCE:

No

SIGNIFICANT WORK ACTIVITIES:

Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday)Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans.EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf