Compensation Specialist

Date: Apr 2, 2024

Location: Ann Arbor

Company: Wacker Chemical Corporation

Do you want to take responsibility and make a difference with your work? With your expertise, we can achieve great goals together. We are WACKER - Reliable. Determined. Ambitious. As one of the world's most research-intensive chemical companies, we've been making countless products that are an integral part of your everyday life possible for over 100 years. From vegan food to resource-efficient buildings to solar cells, we develop sustainable solutions that change the future.

To strengthen our team in Ann Arbor,

we are looking for you as a(n) Compensation Specialist.

As a critical member of the HR team, the Compensation Specialist is a key support for the compensation function and works with the Compensation Manager to partner with senior management to ensure that compensation strategy and programs support the organization's business objectives to attract and retain top talent, meet all legal requirements, and deliver value and equitable pay. This position will also provide support for HR projects and will collaborate with the COEs, Payroll team, HR business partners, and global Compensation as well as external resources for legal compliance and competitive information.

Responsibilities:

Execution of annual salary merit and incentive processes, taking into consideration performance, experience, and internal equity. Continuously improves these processes and the related systems.
Participates in design and implements HRIS for region, particularly compensation-related modules. Becomes knowledgeable in variety of systems used by HR, such as ADP, Success Factors, SharePoint and SAP.
Supports consistency of regional organizational structure with global org structure, by developing and updating job descriptions with HR Business Partners, job grading and mapping jobs relative to others within the organization.
Follows data collection and analysis processes for market, pay equity, and other compensation studies. Benchmarks wages and salaries against market data to assess competitiveness and make recommendations.
Develops efficient and effective processes and documentation for promotions, transfers, and other job and compensation changes.
Assists with regional and/or local HR projects by liaising between project members, cross-functional teams, and other stakeholders to ensure deliverables, requirements, schedules, and meeting plans are communicated.
Provide advice, assistance and follow-up on company policies, procedures, and documentation to ensure HR solutions are implemented.

Requirements:

Bachelor's in Business Administration, Human Resources or a related field
3 to 5 years HR Generalist experience, project management experience, with minimum 2+ years in Compensation

What do we offer?

WACKER is an equal opportunity employer committed to diversity, equity, inclusion, and sustainability. We are innovators, researchers, and pioneers and we believe that our individual differences are our collective strength. We foster an inclusive environment that promotes individuality, celebrates diversity, and builds cohesive teams. Together, we create exceptional value for our employees, our customers, and our communities by creating a culture of inclusion and equity that enables, empowers, and values our diverse contributions.

WACKER strives to reward its employees in a fair and equitable manner. Our Total Rewards Package considers employee wellbeing and is comprised of compensation, benefits, work-life balance, performance & recognition, and career development.

Compensation and Incentive plans
Medical, Dental, and Vision Insurance effective day 1
Paid Time Off in addition to personal days and holidays
Paid parental leave
Wellbeing fund
Flexible hybrid work arrangements
401(k) with company match
Education Assistance Program
Career development and advancement opportunities
Support for Community Involvement

We are looking forward to your online application at www.wacker.com.
Reference Code: 26499

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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 class.