Compensation Lead

Stefanini GroupChicago, IL
Hybrid

About The Position

Stefanini Group is hiring! Stefanini is looking for a Compensation Lead in Chicago, IL (HYBRID). This position will play a critical role in driving compensation strategy and decision-making across North America Support Functions; India, and Mexico Global Capability Centers. 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.

Requirements

  • Bachelor's degree required
  • 7+ years' compensation experience, preferably with in-depth knowledge of India and Mexico Labor Markets
  • 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

Nice To Haves

  • MBA or equivalent degree preferred
  • Certified Compensation Professional (CCP) or other HR certification preferred
  • Korn Ferry Hay Job Slotting experience strongly preferred

Responsibilities

  • Develop and administer compensation programs across multiple countries
  • 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 company's compensation
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