Senior Manager, Compensation

Schneider Electric•Andover, North Carolina

3d•Hybrid

About The Position

Schneider Electric has an exciting opening for a Senior Manager, Compensation. This is a hybrid role (2 days in-office per week) and can be based at any of our U.S. Hub locations. Key responsibilities: Designs and implements the Schneider Electric compensation framework which includes a variety of programs aligned with the people and business strategies, objectives and desired competitive position in the marketplace. Takes positive actions and accountability for assigned work. Maintains deep knowledge of the competitive compensation market space. Serves as a champion for innovation in the compensation space. Designs competitive compensation solutions by considering external benchmarks, business needs, employee preferences and cost considerations. Serves as the North America compensation lead for certain initiatives and ensures global compensation programs are rolled out efficiently and effectively. Prepares merit budgets, salary structures and competitive market to meet budget and market competitiveness objectives. Ensures proper communication and training of the HRBP teams for them to deploy the compensation programs. Monitors deployment progress and results. Ensures compliance with all legal requirements. Studies existing and new federal, state, and local legislation by acquiring qualified opinions. Enforces adherence to requirements and advises management of needed actions. Supports business M&A efforts under the leadership of the M&A Project Manager by conducting due diligence and integrating new employees into the company with a focus on compensation. Works collaboratively and participates in global projects. Builds strong cross-functional relationships with HRBPs, HR Services, Legal, Finance and other HR colleagues.

Requirements

8+ years of relevant compensation experience in a large, global corporate and/or consulting environment, including demonstrated ability designing, implementing, and managing U.S. broad-based, sales and executive compensation strategy, programs and processes
Experience effectively managing concurrent programs, processes and initiatives, collaborating with and influencing a wide range of stakeholders, and a proven ability to think about the change management implications of the work to be implemented
Strong consultative skills and experience managing compensation for select businesses
Strong leadership skills
Expertise with the full spectrum of approaches and tools used for compensation-related market research, modeling and analysis
Confidence and skill to develop and deliver formal and informal reports, presentations and communications to executive audiences
Experience developing and delivering compensation communications and effectively managing change
Ability to lead and handle multiple projects with energy and passion

Responsibilities

Designs and implements the Schneider Electric compensation framework which includes a variety of programs aligned with the people and business strategies, objectives and desired competitive position in the marketplace.
Takes positive actions and accountability for assigned work.
Maintains deep knowledge of the competitive compensation market space.
Serves as a champion for innovation in the compensation space.
Designs competitive compensation solutions by considering external benchmarks, business needs, employee preferences and cost considerations.
Serves as the North America compensation lead for certain initiatives and ensures global compensation programs are rolled out efficiently and effectively.
Prepares merit budgets, salary structures and competitive market to meet budget and market competitiveness objectives.
Ensures proper communication and training of the HRBP teams for them to deploy the compensation programs.
Monitors deployment progress and results.
Ensures compliance with all legal requirements.
Studies existing and new federal, state, and local legislation by acquiring qualified opinions.
Enforces adherence to requirements and advises management of needed actions.
Supports business M&A efforts under the leadership of the M&A Project Manager by conducting due diligence and integrating new employees into the company with a focus on compensation.
Works collaboratively and participates in global projects.
Builds strong cross-functional relationships with HRBPs, HR Services, Legal, Finance and other HR colleagues.