Compensation Manager

Required Skills & Experience

• Bachelors Degree in Finance or Business Administration (or related field)

• 4 years of experience developing compensation programs

• Analytics experience with market data and platforms such as UKG, Time Management System tools, excel files

• Experience working with market data from outside vendors

o Example of vendors: Korn Ferry, Mercer, Willis Towers Watson, ETC

• Manufacturing, freight or Logistics industry background

• Presentation Experience

Nice to Have Skills & Experience

• Power BI Experience

• Experience building out 5 year business plans involving compensation

• UKG Experience

Job Description

A manufacturing client in Cincinnati is looking to hire a Compensation Manager to join their HR team fulltime. This individual will be responsible for managing a compensation program, developing and implementing compensation policies and procedures, continually evaluating compensation throughout the organization, and working with upper-level management to continually evaluate and develop a compensation strategy. The first year of this role will involve maintaining the system in place, cleaning up the system & developing new strategies, and enforcing policies around the earnings structure they currently have. Following this this person will be heavily involved in building out a 5 year plan. This role will be heavy analysis based, looking at excel files, time management systems, UKG and much more. They will need to work heavily with high level management to enforce reward policy and procedures. More duties are listed below.

• Manage and administer the various compensation programs

• Monitor the effectiveness of existing compensation practices and recommend cost-effective changes consistent with compensation trends and business objectives

• Audit, evaluate, and monitor additional earnings codes for consistency across the business

• Maintain Mercer file with all positions and changes to positions

• Lead the annual review of all bonus programs

• Review and understand the job descriptions to evaluate job positioning within the company

• Partner with HR Managers and managers to provide advice on pay decisions, policy interpretations, and job evaluations

• Design creative solutions for specific compensation-related programs and incentive plans

• Develop wage and hour and compensation training for managers

• Oversee participation in salary surveys and monitor salary survey data to ensure corporate compensation objectives are achieved

• Ensures compliance with federal, state, and local compensation laws and regulations, including wage and hour

• Support with HR Projects

• Other duties as assigned.