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Compensation Manager

Organization: Hubbell Incorporated
Location: Shelton, Connecticut, United States
End of contest: July 20, 2017
 This job posting has expired
Type (Full time / Part time): Full time
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Description

Hubbell Incorporated currently has an opportunity for a Compensation Manager developing and providing support for the implementation of compensation programs that provide a competitive level of pay and rewards to employees of Hubbell, based out of our Shelton, CT office. 

This role will report directly to the VP of Compensation, Benefits & HR Systems.  This position ensures that the programs remain competitive within the industry, attract and retain employees, comply with government regulations, and are cost effective. The primary functions of the position are, but not limited to; compensation modeling and analyses, competitive benchmarking, compensation expense planning/forecasting, facilitating the annual salary, bonus and long-term incentive processes, preparation of senior management exhibits, coordinating bonus accruals, preparing base salary budgets and analytics, and partnering with clients on a wide variety of human capital analytics requests (including, but not limited to: promotions, hiring, talent, attrition, workforce activity, and ad-hoc requests). 


The successful candidate will be expected to act as a business partner and subject matter expert around compensation. Ensuring high levels of visibility and autonomy, is also expected to partner with leaders to understand business objectives, while proactively delivering results.

 Essential Job Duties:

  • Responsible for the development, implementation, and management of base salary and variable pay policies and programs based on business needs and by using best practice information. 
  • Conducts competitive compensation assessments for base salary and variable pay by overseeing participation in salary surveys and the analysis of results.  
  • Oversees administration of the annual salary planning, short-term, and long-term incentive processes. 
  • Leads the implementation compensation programs, initiatives and strategies to align total compensation with the company's philosophy and business objectives.
  • Recommends strategies to maintain equity with current compensation trends and programs and recommends new or improved compensation plans consistent with marketplace practices.
  • Reviews and contributes to the design of Executive Compensation models and practices.
  • Serves as the escalation point for complex or "out of policy" Compensation decisions.
  • Work with business partners and recruiters on compensation matters, including job evaluations and providing recommendations for various compensation actions.
  • Leads annual compensation planning process (e.g., salary planning, cash incentive plans, and long-term incentive awards).
  • Analyzes current compensation program data for future recommendations.
  • Acts as subject matter expert for the compensation HRIS systems utilize
  • Manages vendor partners.
  • Serve as a resource for Senior Management, Global and Local HR Partners, by providing guidance on policies, market pay practices and applicable laws. 
Requirements

Skills & Qualifications: 

  • Minimum 6-8 years of proven experience managing diverse compensation programs
  • Bachelor's Degree required, major in Human Resources or Business preferred
  • High level of analytical skills, including strong use of Excel including v-lookup and pivot tables and experience dealing with large volumes of data.
  • Highly organized - ability to manage diverse projects across different timelines
  • Comfortable learning new systems and technologies; knowledge of Success Factors compensation & variable pay a plus
  • Demonstrated in depth knowledge in compensation plan design, theories and common practices and their administration
  • Advanced knowledge of standard and non-traditional job evaluation methodologies, senior and executive compensation, salary structures, merit budget development, equity evaluation, and management / executive short term and long term incentive plan design
  • Strong business acumen and understanding of finance/corporate planning processes and company strategyEffectively communicate highly complex ideas to executive leadership
  • Able to demonstrate a high degree of diplomacy, and able to deal with and influence people at all levels

Req Id 49521

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Contact

Hubbell Incorporated
40 Waterview Drive
Shelton
Connecticut États-Unis
www.hubbell.com


Other relevant information

Hubbell Incorporated, its subsidiaries and affiliates, is an EO Employer AA: M/F/Veteran/Disability. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, sexual orientation, gender identity or any other protected class

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