Manager - Compensation

2 months ago

Madison, United States Alliant Energy Full time

Bring YOUR energy to Alliant Energy
 

At Alliant Energy, our purpose is to serve customers and build stronger communities. We are passionate about powering beyond the market challenges of today, while powering what's next in energy. When our employees say "I am energy", it means they take pride in the work we do when disaster strikes, as well as all the days in between. We want you to be safe, happy and healthy. That's why we prioritize safety, offer volunteer opportunities and provide competitive pay, comprehensive health and retirement benefits, tuition reimbursement and paid time off.
 

Elevate Your Career as Our Manager of Compensation

Are you ready to transform our compensation programs and drive our company’s success to new heights? As the Manager of Compensation, you’ll be at the forefront of crafting innovative strategies that attract, retain, and inspire top talent. Collaborate with senior leadership and HR partners to ensure our compensation plans are not just competitive, but innovative and perfectly aligned with our strategic vision.

What you will do

Performs all leadership duties including, but not limited to, hiring and rewarding talent, fostering an inclusive and safe workplace, partnering with employees to set clear goals and expectations, providing timely and specific feedback on performance, developing improvement plans to address performance gaps, addressing conflict with care and respect, identifying opportunities for growth and development, embracing and modeling a mindset of lifelong learning, ensuring employees report to work fit for duty, adhering to our Code of Conduct and modeling Alliant Energy’s Core Values at all times.

Provides strategic direction for the implementation and administration of compensation programs that are equitable, aligned with company objectives and provide excellent competitive positioning in the markets in which the company operates.

Designs and maintains salary structures that support internal equity; regularly evaluate and update salary structures to ensure alignment with the company’s compensation philosophy.

Manages the administration of incentive programs including short-term, long-term, and performance; recommends plan design changes and enhancements based on market data and company needs.

Oversees the annual salary planning process including merit increases, promotions, and equity adjustments; provides recommendations for salary budgets through regular market analysis and analyzing of compensation data and trends.

Leads the ongoing design and management of the company’s job architecture, including job descriptions, job families, levels, and governance.

Monitors the changing legal landscape so that compensation programs are administered consistently and in accordance with plan documents, and applicable local, state, and federal laws and regulations.

Ensures compensation programs are achieving intended outcomes and being administered fairly, consistently, and transparently across the organization.

Develops strategies for educating the organization on compensation programs, policies, and practices.

Partner with HR business partners, recruiters, and business leaders to provide guidance on compensation-related matters; serves as compensation subject matter expert and trusted advisor on complex compensation issues.

Engages in other duties as needed that support Alliant Energy’s Values and helps deliver on our Purpose to serve customers and build stronger communities.

Education Requirements

Bachelor's Degree Human Resources, Business Administration, Economics, or related area. Preferred


Required Experience

5 years progressively responsible experience working with compensation strategy and administration

Certified Compensation Professional (CCP) designation preferred

3 years progressively more responsible management experience

Previous experience being accountable for the strategic design and management of compensation programs


Preferred Experience

Proficiency in compensation tools and software such as PayScale, MarketPay or similar.


Knowledge, Skills, and Abilities

Demonstrated ability to develop short- and long-term strategic plans and translate those plans into action.

Demonstrated effective leadership skills.

Demonstrated financial skills such as budgeting and basic accounting.

Demonstrated effective interpersonal, verbal, and written communication skills.

Demonstrated ability to use computer software programs (e.g., e-mail, word processing, spreadsheet, and project management).

Ability to work effectively in a diverse and inclusive work environment.

It's not just what we do; it's how we do it.

Live Safety. Everyone. Always | Make Things Better | Care For Others | Do The Right Thing | Act For Tomorrow | Think Beyond. Be Bold
 

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