Compensation Manager
1 day ago
**Description**
The Manager, Compensation manages and performs duties associated with the administration of the company¿s base pay and incentive programs. The incumbent assists in the design and implementation of pay strategies that support organizational goals and objectives.
Principal Accountabilities:
- Conduct analysis and develop market competitive compensation recommendations spanning all levels/roles in the organization. Work as part of a cross-functional team to evaluate roles in the organization to ensure appropriate leveling and titling of positions.
- Develop and deliver management reporting, communications, presentations and training to increase understanding and awareness of compensation programs and their linkages to other HR programs. Create and maintain financial models to help the organization measureand monitor compensation expenses.
- Lead cyclical compensation planning processes for bonus and base pay planning.
- Lead international compensation activities, including conducting market analyses and acting as the team lead for all global mobility issues.
- Manage team to ensure day to day deliverables are met and provides guidance to staff.
- Oversee and administer compensation programs, policies, and processes that attract and retain the organization¿s talent, ensuring alignment with organizational goals and compliance with applicable regulations. Counsel management and internal HR teams on paypractices, policies and incorporation of CME compensation philosophy in compensation decisions. Respond to employee questions as necessary.
Skills & Software Requirements:
Microsoft Office (advanced proficiency in Microsoft Excel) required, PeopleSoft HR preferred, experience with compensation planning software
CME Group: Where Futures Are Made
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