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Compensation Lead job in Chicago, IL

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Chicago, IL CorTech LLC

Job Ref:  373050
Employer:  CorTech LLC
Job Type:  Contract
Salary and Benefits:  74.09/Per Hour
Remote:  No

Location

City:  Chicago, IL
Post Code:  60601
Map: 

Description

JobsRUs.com is seeking hire a Compensation Lead for our client in Chicago, IL!
Benefits Available!
Weekly Pay!
$74.09/Hour

Shift Details
Working days : Tuesday - Thursday

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
ref: (373050)
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