Compensation Manager
Generac · Waukesha, WI · 1 wk ago
AnalystFull-time
Major Responsibilities
- Lead the strategy, design, and execution of global compensation programs.
- Align programs with the total rewards strategy and business objectives.
- Ensure balance between global consistency and local market requirements.
- Serve as a primary advisor to HR Business Partners and business leaders on pay decisions, offer strategy, job leveling and evaluation, internal equity, and market competitiveness.
- Interpret compensation policies and provide governance guidance.
- Lead benchmarking, survey participation, and market analysis.
- Develop and maintain salary structures, ranges, and geographic differentials.
- Provide actionable insights into market competitiveness and pay positioning.
- Lead key annual processes, including merit planning cycles, bonus planning and payout, and equity administration.
- Ensure accurate execution through partnership with HRIS and Finance.
- Deliver day-to-day support including job evaluations and pay administration.
- Ensure compliance with global and local compensation regulations, including pay transparency, labor laws, and employment standards.
- Support pay equity analysis, audits, and regulatory reporting.
- Maintain and enhance job architecture including job families, levels, and profiles.
- Support alignment of job structures to compensation frameworks.
- Lead or contribute to enterprise initiatives, including global compensation harmonization, incentive plan design and optimization, and M&A due diligence and integration.
- Support the evolution of global compensation operating model and governance.
Minimum Job Requirements
- Education: Bachelor's degree (or equivalent knowledge) in Human Resources or a related field.
- Certification / License: None required.
- Work Experience: Eight (8) years of compensation experience in a centralized compensation department.
- Experience: Deliver both compliance-based and consultative compensation solutions to internal clients; experience using HR technology platforms such as Workday (preferred), Oracle Cloud HR, or SAP SuccessFactors; experience using compensation administration software such as BetterComp, CompAnalyst or MarketPay.
Scope & Impact
- Influences compensation outcomes across business groups and geographies.
- Owes complex compensation programs and frameworks.
- Owns complex compensation programs and frameworks.
- Acts as a key contributor to enterprise-wide Total Rewards strategy.
Knowledge / Skills / Abilities
- Deep expertise in compensation design, governance, and market practices.
- Strong analytical and problem-solving skills, with the ability to interpret complex data and translate insights into action.
- Knowledge of global compensation regulations and frameworks.
- Ability to influence decision-making in a matrixed organization.
- Strong stakeholder management and communication skills.
- Experience With HRIS (e.g., Workday) And Compensation Tools.
- Demonstrated ability to lead through influence, expertise, and sound judgment.
- Demonstrated success leading cross-functional and global initiatives.
- Ability to provide strategic recommendations to senior leaders grounded in data, market insights, and business context.
- Balances strategy development with hands-on execution.
Preferred Job Requirements
- Education: Master's degree in Human Resources, Business Administration, Finance, or a related field.
- Certification / License: Certified Compensation Professional (CCP) issued by WorldatWork, SHRM-CP or SHRM-SCP issued by SHRM, or Professional in Human Resources (PHR) or Senior Professional in Human Resources (SPHR) issued by HRCI.
- Work Experience: Global compensation experience across the Americas, EMEA, and APAC; knowledge / skills / abilities: Demonstrated ability to navigate global compensation frameworks and regulatory considerations across Americas, EMEA, and APAC.