Compensation Manager, Fortune 100 Company, In Person

Job Description

Job Description

Our client company works hard to create lifelong customer relationships, supplying comprehensive rolling stock and infrastructure solutions for the global rail industry and setting the standard for excellence. They care about fostering the sustainable movement of goods and people for generations to come, and they know their customers care, too. The company’s strategic footprint ensures responsive, quality customer support all day, every day. As one of the largest integrated diversified providers of rolling stock and infrastructure solutions and technologies for the global rail industry, the company provides advanced locomotives, engines, and technologies, railcars, trackwork, fasteners, signaling, rail welding, and Maintenance-of-Way equipment, along with dedicated locomotive and freight car repair services, aftermarket parts support and recycling operations. The company’s deep industry expertise ensures a commitment to quality through innovative solutions. They are an important part of a Fortune 100 Company.

The company has an immediate need for a Compensation Manager at their headquarters location.

Job Purpose

The Compensation Manager is responsible for the design, implementation and management of compensation programs across all locations where the company operates. The role ensures that pay structures and incentive plans are aligned with company philosophy to attract, retain and engage top talent.

Key Job Elements

Duties and responsibilities

• Manage compensation programs including base salary structures, short term incentive plans (STIP) and Equity plans.
• Manage the compensation team to accomplish compensation tasks in an efficient and timely manner.
• Partner with the Talent Acquisition, Benefits, Finance and local HR teams to ensure alignment to company strategy, budget, and workforce planning.
• Conduct market benchmarking and compensation surveys to maintain competitive and equitable compensation practices.
• Oversee the job architecture framework to ensure career path visibility.
• In collaboration with Compliance, Legal and local HR teams monitor and implement compensation-related regulatory and pay transparency requirements.
• Administer the company severance program.
• Oversee the coordination between Payroll and Service Center teams to ensure seamless data integration and reporting.
• Lead the annual Performance Review process.
• Lead the annual compensation planning cycle including merit, STIP and equity.
• Provide compensation analysis and reporting including market data, pay equity and workforce trends.
• Forecast compensation-related issues to avoid turnover and employee dissatisfaction.
• Educate, advise and provide guidance to HR and managers on compensation-related decisions.
• Manage vendors and compensation systems.
• Other duties as assigned by Manager.

Qualifications, Experience, Education

· Bachelor’s Degree Business, Human Resources or related field of study.

· A minimum of 5+ years of experience in an HR leadership and Compensation role.

· Knowledge of benefit practices. Global experience is a plus.

· Strong analytical skills, with the ability to analyze market data and make informed decisions.

· Strong interpersonal and communication skills with the ability to work with individuals at all levels.

· Sound judgement and confidentiality.

· HR Certification such as CCP preferred.

Bonus of up to 20% of salary.

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person