Compensation Manager

Stefanini Group•Chicago, IL

8d•Hybrid

About The Position

Stefanini Group is hiring a Compensation Manager for a hybrid role based in Chicago, Illinois. The position focuses on compensation strategy and decision-making across North America Operations and Procurement, with a substantial focus on manufacturing populations, including union and non-union hourly employees and salaried employees through Senior Director level. The role supports a multi-site manufacturing organization with varied compensation strategies and complexities. Reporting to the Director of North America & WHQ Compensation, the role provides guidance and consultation to HR Business Partners and business leaders on job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration. Key priorities include redesigning annual salary structures for the United States and Canada, improving hourly incentive plan effectiveness and payout efficiency, supporting HR and Operations/Commercial leadership, and providing market analytics and insights. The role also leads annual salary planning administration and incentive cycles, develops and administers compensation programs for salaried and hourly populations, oversees salary survey participation and salary structure development across multiple countries, and designs and delivers compensation training. It identifies and implements policies, procedures, and process improvements to support internal equity, external competitiveness, fiscal responsibility, compliance, and the company's pay-for-performance philosophy and meritocratic culture. Success requires deep compensation expertise, strong analytical and technical skills, cross-functional leadership, and the ability to influence senior leaders and navigate complex situations.

Requirements

Bachelor's degree required.
At least 5 years of compensation experience.
In-depth knowledge of Operations and Plant Manufacturing.
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 and desire to innovate.
Knowledge of Microsoft Office Suite and other business-related software.
Open to W2 candidates only.

Nice To Haves

MBA or equivalent degree.
People management experience.
Certified Compensation Professional (CCP) or other HR certification.
Korn Ferry Hay job slotting experience.
Experience with both hourly and salaried populations, including union and non-union manufacturing populations.
Experience in multi-site manufacturing organizations with varied compensation strategies and complexities.
Demonstrated change leadership within COE/shared services models.
Advanced Excel and analytics skills.
Ability to operate globally while accounting for local differentiation and complexity.
Experience influencing senior leaders and leading compensation strategy in complex manufacturing.

Responsibilities

Develop and administer compensation programs for salaried and hourly populations.
Execute annual salary planning and incentive cycles.
Perform and oversee job evaluations of broad-based and executive positions.
Identify, design, and implement policies and procedures that support internal equity, external competitiveness, fiscal responsibility, and the pay-for-performance philosophy.
Oversee salary survey participation and salary structure development for multiple countries.
Develop, design, and deliver compensation-related training.
Propose process improvements and recommend policy changes to support compliance and competitiveness.
Provide compensation guidance and consultation to HR Business Partners and business leaders on job evaluations, market benchmarking, job offers, salary structures, and incentive plans.
Support annual salary structure redesign for the United States and Canada.
Improve hourly incentive plan effectiveness and payout efficiency.
Provide market analytics and insights and support HR leadership and Operations/Commercial leadership.
Lead cross-functional initiatives and stakeholder management.