Compensation Manager

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Date: Jan 6, 2023

Location: Ann Arbor, MI, US

Company: Wacker Chemie AG

 

Our world needs ideas! As one of the world’s most research-intensive chemical companies, we have been developing leading solutions for numerous sectors – from construction to photovoltaics and cosmetics to rubber – for over 100 years. We have a global presence with production sites on three continents and about 14,500 employees from 70 nations.

 

At our site in Ann Arbor, we are currently looking for a ​Compensation Manager​ to join our growing team.

 

 

As a critical member of the HR team, the Compensation Manager will develop and implement compensation policies and procedures designed to attract and retain top talent.  This position will collaborate with the Payroll team and HR business partners, as well as external resources for legal compliance and competitive information.

 

Job Responsibilities

  • Ensures consistency of organizational structure by developing and updating job descriptions with managers, conducting job evaluations, job grading and mapping jobs relative to others within the organization. Creates job titles and naming conventions to clearly communicate job level and subject matter expertise.  Advises and provides guidance to managers and HR business partners to promote a culture of fairness and equity.
  • Develops and updates job grades and the compensation structure including salary ranges. Benchmarks wages and salaries against market data to assess competitiveness and make recommendations.  Assists HR business partners in developing and administering hourly wage scales. Ensures fair and consistent application of wage and salary structures.
  • Develops efficient and effective processes and documentation for promotions, transfers, and other job and compensation changes.  Evaluates internal equity and makes medium-term recommendations to improve talent attraction and retention.
  • Continuously improves processes and tools/systems to conduct salary merit reviews, taking into consideration performance, experience, and internal equity.
  • Develops and maintains various incentive/bonus plans.  Benchmarks incentive plans and makes recommendations to align them with organizational goals and competitive trends. Assists Payroll Supervisor with incentive calculations and improving processes and tools/systems.
  • Uses spreadsheet and data analysis techniques to assess results and market trends.  Researches compensation practices in similar industries; based on findings, recommends changes or updates to the company's existing benefits or policies.
  • Participates in design and implements HRIS for region, particularly compensation-related modules.  Becomes subject matter expert in variety of systems used by HR, such as ADP, Success Factors, SharePoint and SAP. Identifies process improvements and tools within systems to support HR operations.
  • Uses prior experience and understanding of best practices and applicable laws to closely monitor process and determine more efficient processes and programs. Ensures fair and equitable application of processes and structure.
  • Consults with Sr Director HR Shared Services and Legal on complex issues.

 

Job Qualifications

  • Bachelor's degree in Human Resources or related field
  • SHRM PHR certification a plus
  • Minimum of 5 years of compensation administration experience is required.  Strongly prefer experience designing compensation programs in a multi-state environment.
  • Previous experience with Hay Job Evaluation methodology preferred.
  • Strong communication, organizational, analytical and problem-solving skills.  Attention to detail is critical.
  • Demonstrated process orientation and attention to detail with the ability to accurately and efficiently enter and audit data.
  • Excellent math and analytical skills required with ability to evaluate and make decisions based on facts and trends.
  • Independent worker and must be able to regularly exercise discretion, handle conflict and be firm when required.
  • Must be able to maintain confidentiality of protected and sensitive data
  • Proficiency with Microsoft Office products; expert Excel skills required
  • Prior experience with robust Payroll or HRIS required

 

Life at Wacker
Wacker is an equal opportunity employer that is committed to diversity, equity, and inclusion. We believe that our individual differences are our collective strength. We encourage our employees to be their authentic selves and desire team members that share these interests. You will be valued for your contributions and perspectives as we continue to grow together. Your career is important to us, and we want to foster a mutually beneficial relationship where you feel heard, understood, and fulfilled. We consider our employees’ overall health and satisfaction when creating a benefits package. Below are some of the additional incentives our employees enjoy.

 

  • Medical, Dental, and Vision Insurance effective Day 1
  • 401(k) with company match
  • Tuition Reimbursement
  • Advancement Opportunities
  • Education Assistance Program
  • Paid Time Off in addition to personal days and holidays
  • Support for Community Involvement
  • Bonus Plans

 

 

WACKER, as an innovative chemical company, makes a vital contribution toward improving the quality of life around the world by developing intelligent solutions for sustainable growth. Our culture focuses on building and retaining diverse and inclusive teams. WACKER offers a great work environment, professional development, challenging careers, competitive benefit offerings and beyond through giving back to our communities.

 

Be part of our WACKER family, across all nations!

 

We are looking forward to your online application at www.wacker.com.
Reference Code: 23352 

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The information contained herein is not intended to be an all-inclusive list of the duties and responsibilities of the job, nor are they intended to be an all-inclusive list of the skills and abilities required to do the job. A minimum requirement for this US-based position is the ability to work legally in the United States on a permanent unrestricted basis.  Visa sponsorship is not available for this position, including for any type of US permanent residency (e.g., for a Green card).

 

WACKER is proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected classes.


Nearest Major Market: Ann Arbor
Nearest Secondary Market: Detroit