Global Compensation Lead

💰 $5,120 - $8,192 (Est.) 📍 Chicago

Job Description

Position: Global Compensation Lead

Location: Chicago, IL 60601

Duration: * Months

Job Type: Temporary Assignment

Work Type: Hybrid

Overview: TekWissen Group is a workforce management provider throughout the USA and many other countries in the world. Our client is an American food company formed by the merger of client Food and the third-largest food and beverage company in North America

Job Description:
• The Compensation Lead will play a critical role in driving compensation strategy and decision-making across North America Support Functions; India, and Mexico Global Capability Centers .
• Reporting to the Director of North America & WHQ Compensation, this position will provide expert guidance and consultation to HR Business Partners and Business Leaders on a range of compensation-related matters, including job evaluations, market benchmarking, job offers, salary structure development, and incentive plan design and administration.
• To succeed in this role, candidates must possess a unique blend of analytical, technical, and interpersonal skills, with the ability to navigate complex and ambiguous situations.

Key Components of the role
• Develop and administer compensation programs across multiple countries
• Execute the annual salary planning and incentive cycles
• Perform and oversee job evaluations of both broad-based and executive positions
• Identify, design, and implement policies and procedures to ensure internal equity, external competitiveness, and fiscal responsibility that align with our pay-for-performance philosophy and culture of meritocracy
• Oversee the salary survey participation and salary structure development for multiple countries
• Develop, design, and execute compensation related training
• Propose process improvements and recommend policy changes to assure compliance and competitiveness of Client compensation

Qualifications:
• Bachelor’s degree required, MBA or equivalent degree preferred
• 7+ years’ compensation experience, preferably with in-depth knowledge of India and Mexico Labor Markets
• In depth technical knowledge of compensation theories and principles, compensation program design, and applicable laws
• Excellent interpersonal and communication skills
• Ability to manage cross-functional projects and influence team members without direct managerial authority
• Solutions-oriented mindset with a desire to innovate
• Knowledge of Microsoft Office Suite and other business-related software
• Certified Compensation Professional (CCP) or other HR certification preferred
• Korn Ferry Hay Job Slotting experience strongly preferred

Must haves:
• Deep compensation expertise
• Ability to lead large, cross functional initiatives
• Comfort operating globally and navigating complexity
• Strong technical acumen (advanced Excel, analytics)

Strong differentiators:
• Prior India and/or Mexico market exposure
• Korn Ferry Hay job evaluation experience
• Demonstrated change leadership within COE/shared services models

#NonIT - TW

TekWissen® Group is an equal opportunity employer supporting workforce diversity.

Pay: $68.00 - $74.00 per hour

Benefits:
• Flexible schedule

Work Location: In person

💡 Quick Summary

Seeking a career-building opportunity? The Global Compensation Lead position is now open for candidates interested in the Human Resource (HR) Jobs sector. This role in Chicago offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Human Resource (HR) Jobs is a plus.

Sponsored

Job Details

Company Name: TEKWISSEN SOFTWARE PRIVATE LIMITED

Frequently Asked Questions

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The expected salary for Global Compensation Lead in Chicago is $5,120 - $8,192 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Global Compensation Lead is an on-site position based in Chicago. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Global Compensation Lead. Previous experience in Human Resource (HR) Jobs is a plus. Freshers may also apply depending on the employer's requirements.
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