Compensation Manager

4 weeks ago

Waukesha, United States Generac Power Systems Full time
We are Generac, a leading energy technology company committed to powering a smarter world.

Over the 60 plus years of Generac's history, we've been dedicated to energy innovation. From creating the home standby generator market category, to our current evolution into an energy technology solutions company, we continue to push new boundaries.

Primary Purpose:

Develops and implements compensation plans and programs that attract and retain talent, drive business results, and reward employees consistent with the organization's overall total rewards strategy. Collaborate and partner with internal stakeholders such as business leaders, Finance, HR business partners, HR Technology, Talent Acquisition, and other team members.

Major Responsibilities:

Ensure the compensation strategy is effectively implemented, within established budgets and complies with relevant regulations, laws and employment standards. Develop, implement, and administer compliant and market-competitive compensation programs consistent with the organization's overall reward strategy.

Deliver day-to-day compensation activities such as job evaluation, pay administration, ad-hoc requests, and short-term projects.

Serves as an internal subject matter expert to HR business partners, Talent Acquisition, business leaders, and other internal stakeholders' on pay decisions, policy and guideline interpretation, job evaluation and incentive and equity plan administration.

Lead key projects such as market pricing review/update, compensation planning cycle, incentive administration, etc. Partner with other team members to ensure technology, guidelines and processes are consistently applied. Support and manage various compensation-related projects as assigned. Conducts, participates in, and analyzes compensation surveys and other available competitor information to ensure all compensation programs are externally competitive.

Ensure job classification data is accurate to include current job descriptions completed during the job evaluation process. Accurately maintains job and pricing information in the Compensation Management System for all assigned jobs. Ensures current pricing methodology is established and maintained for each job. Ensures all assigned jobs are properly evaluated to determine exemption status in accordance with all wage and hour regulations and maintains required documentation. Audits compensation data, programs policies and practices to ensure data integrity, consistency, and compliance. May act as the lead on major audits and compliance issues.

Partner with other team members to lead training and other communication efforts to socialize compensation philosophy, policy and best practices with Leaders, HR Business Partners, HR Technology, Talent Acquisition, and other HR teams.

Mentor other compensation team members in daily activities and projects.

Keep up to date on federal, state and local compensation laws and regulations and informed of industry trends and best practices.

Maintains accurate records of all work requests and assignments according to established practice.

Minimum Job Requirements

Education

Bachelor's degree (or equivalent knowledge) in Human Resources or a related field.

Work Experience

Six (6) years of compensation experience including experience in a centralized compensation department.

Preferred Job Requirements

Certification / License

Certified Compensation Professional (CCP) issued by WorldatWork and SHRM CP or Senior SHRM CP issued by SHRM or Human Resources Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR) certification issued by the HRCI.

Work Experience

Global compensation experience to include Canada, Mexico, and Europe.

Knowledge / Skills / Abilities

Global compensation experience to include Canada, Mexico, and Europe.

Experience delivering both compliance-based and consultative compensation solutions to internal clients.

Experience using HR technology such as Workday, Oracle Cloud HR, or SAP/SuccessFactors.

Experience using compensation administration software such as Salary.com CompAnalyst or Pay Scale MarketPay.

Knowledge / Skills / Abilities

Excellent verbal, interpersonal, and written communication skills necessary to interact with staff at all levels of the organization.

Requires attention to detail and analytical skills necessary to evaluate situations and take appropriate action.

Extensive knowledge of statistical methods, data analysis, and presentation.

Demonstrated understanding of the laws and regulations that affect human resources and compensation.

Critical thinking skills with the ability to research and analyze data drawn from multiple sources to find problems and make effective decisions.

Strong business and financial acumen.

Strong customer service orientation.

Ability to develop and maintain effective working relationships with a variety of stakeholders.

Ability to translate the technical nature of compensation for clear stakeholder understanding.

Consultative and collaborative style that allows for influence without authority.

Proficiency in MS Office applications. Highly proficient with Excel.

Current knowledge of enterprise-wide (ERP) HR/payroll systems such as Workday, Oracle Cloud HR, or SAP/SuccessFactors, etc.

Physical Requirements and Working Conditions

While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion, the incumbent may be required to stoop, bend, or reach above the shoulders. The employee must occasionally lift up to 25 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision, and the ability to adjust focus. Occasional travel.

DISCLAIMER

All responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities.

This job description in no way states or implies that these are the only responsibilities to be performed by an employee occupying this job or position. Employees must follow any other job-related instructions and perform any other job-related duties requested by their leaders.

Physical Demands: While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion the incumbent may be required to stoop, bend or reach above the shoulders. The employee must occasionally lift up to 25 - 50 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision and ability to adjust focus. Occasional travel.

"We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law."

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