Compensation Manager

Amcor•Evansville, IN

11d•Onsite

About The Position

The Compensation Manager manages high impact compensation programs, which include short-term incentives, job evaluations, compliance, and key compensation projects. This position works closely with the Director of Compensation to support the development and execution of the compensation strategy. This role collaborates closely with HR and leadership teams on organizational structures, and competitive & equitable pay across the organization.

Requirements

Bachelor’s degree is required, focus on Human Resources preferred
5+ years of compensation experience
3+ years of Human Resources experience within the manufacturing industry preferred
Experience with compensation philosophies and methodologies; Hay Compensation methodology is desirable.
Regular attendance
Frequent interaction with others

Nice To Haves

Certified Compensation Professional (CCP) is desirable
Experience with Workday System a definite plus

Responsibilities

Manage the annual incentive design and implementation of the sales and non-sales short-term incentive programs to ensure incentives attract and retain key talent, align with organizational priorities, and foster a high-performance work environment.
Responsible for the administration of short-term incentive programs, to include executing the annual payout process, program documentation and communication strategies, data audits, and working with HR Partners to ensure proper employee participation.
Leverage compensation analytics, benchmarking data, and emerging industry trends to recommend and implement compensation strategies.
Identify process efficiencies, develop & maintain positive stakeholder relationships, and present information to diverse audiences.
Lead the implementation of the Pay-for-Skill program for applicable sites.
Partner with Global Remuneration Network contacts on compensation related topics and projects across Business Groups.
Support the annual merit planning process which includes preparing communications, providing strategic guidance to salary planners through the process, system testing, and preparing/leading training as needed.
Evaluate jobs utilizing the Hay Job Evaluation method for accuracy and consistency in grade, title, and FLSA status; works with managers and HR Partners regarding clarifications and discrepancies; responsible for ad-hoc, functional, and full market analysis; makes recommendations to HR Partners.
Conduct annual hourly compensation benchmarking for AFNA plant locations in partnership with site HR leadership.
Participate in regional and national compensation surveys and utilize data results to ensure competitive positioning within manufacturing sector.
Manage the Equity Management Incentive Plan (EMIP) and Long Term Incentive Plan (LTIP) tax reporting process for eligible participants as shares vest, including coordination with Payroll team to ensure compliance.
Stay abreast of FLSA and evolving federal/state/local pay regulations.
Mentors Compensation Analyst team members.
Manage compensation related projects, as assigned.

Benefits

Medical, dental and vision plans
Flexible time off, starting at 80 hours paid time per year for full-time salaried employees
Company-paid holidays starting at 8 days per year and may vary by location
Wellbeing program & Employee Assistance Program
Health Savings Account/Flexible Spending Account
Life insurance, AD&D, short-term & long-term disability, and voluntary benefits
Paid Parental Leave
Retirement Savings Plan with company match
Tuition Reimbursement (dependent upon approval)
Discretionary annual bonus program (initial eligibility dependent upon hire date)