Compensation Lead

Position: Compensation Lead

Location: Chicago, IL 60601

Duration: 9 Months

Job Type: Temporary Assignment

Work Type: Hybrid

Payrate: 68.00 - 74.00/hr.

Overview:

TekWissen Group is a workforce management provider throughout the USA and many other countries in the world. Our client is an American food company formed by the merger of client Food and the third-largest food and beverage company in North America

Job Description:

• The Compensation Lead 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.

Key Components of the role

• 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 Client compensation

Qualifications:

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

Must haves:

• Deep compensation expertise
• Ability to lead large, cross functional initiatives
• Comfort operating globally and navigating complexity
• Strong technical acumen (advanced Excel, analytics)

Strong differentiators:

• Prior India and/or Mexico market exposure
• Korn Ferry Hay job evaluation experience
• Demonstrated change leadership within COE/shared services models

TekWissen® Group is an equal opportunity employer supporting workforce diversity.