Compensation Manager - Commercial
Key Skills for This Role
Full Job Posting
Job Description
Compensation Manager – Commercial
Position Locations: Chicago OR Toronto - Hybrid - 3 Days/week In Office
Reporting to the Director of North America and WHQ Compensation, the Compensation Manger will play a critical role in executing the compensation strategy and philosophy across the North America Commercial Businesses. As a trusted advisor to our HR Business Partners, you'll provide proficient guidance on a range of compensation-related matters, including job evaluations, market benchmarking, and job offers. To excel in this role, you'll need to possess a unique combination of analytical, technical, and interpersonal skills, with the ability to navigate ambiguous situations.
Key Components of the role
Conduct and oversee job evaluations for broad-based positions to ensure internal parity
Support the annual salary planning cycle
Participate in the annual salary survey submission process
Develop and maintain salary structures for multiple countries
Create and deliver compensation-related training materials to educate HR, people managers, and employees on compensation related best practices
Design and maintain internal compensation tools to support HR and people in making informed compensation decisions
Support internal and external audits of compensation-related matters to ensure compliance with regulatory requirements.
Stay up to date on external market trends, developments, and standard methodologies in direct compensation to inform compensation strategies
Foster a culture of collaboration and continuous improvement within the team to drive excellence in compensation management
Qualifications:
- Bachelor’s degree required, MBA or equivalent degree preferred
- 3+ years’ compensation experience
- Workday experience preferred and knowledge of Microsoft Office Suite and other business-related software
- Intermediate to advanced excel and data analysis skills, support team in building visualizations and summaries in Tableau/Power BI and ad-hoc analytics in Power Point
- Strong technical knowledge of compensation theories and principles, compensation program design, and applicable laws
- Excellent interpersonal and communication skills
- Solutions-oriented mindset, practicing continuous improvement to drive excellence in compensation management
- Certified Compensation Professional (CCP) or other HR certification preferred
- Korn Ferry Hay Job Slotting experience strongly preferred
- Our Total Rewards philosophy is to provide a meaningful and flexible spectrum of programs that equitably support our diverse workforce and their families and complement Kraft Heinz’ strategy and values.
- New Hire Base Salary Range:
- Bonus: This position is eligible for a performance-based bonus as provided by the plan terms and governing documents.
- The compensation offered will take into account internal equity and may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors
- Benefits: Coverage for employees (and their eligible dependents) through affordable access to healthcare, protection, and saving for the future, we offer plans tailored to meet you and your family’s needs. Coverage for benefits will be in accordance with the terms and conditions of the applicable plans and associated governing plan documents.
- Wellbeing: We offer events, resources, and learning opportunities that inspire a physical, social, emotional, and financial well-being lifestyle for our employees and their families.
- You’ll be able to participate in a variety of benefits and wellbeing programs that may vary by role, country, region, union status, and other employment status factors, for example:
- Physical - Medical, Prescription Drug, Dental, Vision, Screenings/Assessments
- Social - Paid Time Off, Company Holidays, Leave of Absence, Flexible Work Arrangements, Recognition, Training
- Emotional – Employee Family Assistance Program, Wellbeing Programs, Family Support Programs
- Financial -Savings/Pension, Life, Accidental Death & Dismemberment, Disability, Discounted Perks
- Location(s)
About The Kraft Heinz Company
Multinational food and beverage company with iconic global brands.
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