Compensation Manager jobs in Minnesota
Compensation Manager leads the development, implementation, and administration of compensation programs, policies, and procedures. Manages common compensation functions, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Manager ensures that base pay, incentive pay and performance management programs remain competitive and conform to current compensation strategy. Directs data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Manager requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Compensation Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Compensation Manager jobs
- Nilfisk, Inc.
-
Brooklyn, MN
FULL_TIME
-
Nilfisk, Inc. is seeking a talented and experienced Compensation Manager to join our global People, Organization & Culture team. As a Compensation Manager, you will play a crucial role in developing and implementing compensation strategies across our international operations, with an initial focus on sales incentive plans and bonus schemes. This role requires a strategic thinker with a deep understanding of compensation practices, sales performance metrics, and global market trends.
Responsibilities:
- Develop, implement, and manage global compensation strategies that align with business objectives and drive sales performance.
- Design and administer sales incentive plans and bonus schemes to motivate and reward sales teams, ensuring fairness across regions and business units.
- Conduct regular evaluations of sales compensation programs to assess effectiveness, identify areas for improvement, and make data-driven recommendations to optimize plans.
- Collaborate with cross-functional teams, including Sales, Finance, and HR, to ensure alignment of compensation strategies with overall business goals and objectives.
- Stay abreast of industry best practices, market trends, and regulatory requirements related to compensation and sales incentives, and proactively recommend adjustments as needed.
- Manage the communication and training efforts related to compensation programs, ensuring understanding and buy-in from key stakeholders.
- Partner with HR and Talent Acquisition teams to ensure consistency in compensation practices, including job leveling and salary benchmarking, across the organization.
- Provide guidance and support to regional compensation teams, serving as a subject matter expert on sales compensation matters.
Qualifications:
- Bachelor's degree in Business Administration, Human Resources, Finance, or related field; Master's degree preferred.
- 8 years of experience in compensation analysis, with a minimum of 5 years focusing on sales incentive plans and bonus schemes, preferably in a global or multi-national organization.
- Strong understanding of compensation practices, sales performance metrics, and incentive plan design.
- Proficiency in data analysis and modeling, with advanced skills in Excel or other analytical tools.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and influence decision-making at all levels of the organization.
- Demonstrated ability to manage multiple projects simultaneously and drive results in a fast-paced, dynamic environment.
- Certified Compensation Professional (CCP) designation preferred.
- Experience with compensation software and systems (e.g., SAP SuccessFactors, Workday) is a plus.
Let's create a cleaner future together
Clean is changing.Today, cleaning is a key contributor to health and safety, and a new clean is emerging, driven by technology and innovation. At Nilfisk we are a driving force in this development, and we work as one team with one agenda, supporting each other across an exciting, dynamic organization. Being part of Nilfisk means having the freedom to speak your mind and do what you do best. You will thrive by having a hands-on approach and the drive to bring your great ideas to life. At Nilfisk you can lead, innovate and collaborate for a cleaner future. Are you ready to make a change?
We embrace diversity and equality with an environment of inclusion. We encourage everyone to apply for the position, regardless of origin, race, ethnicity, religion, physical or mental ability, gender, gender-identity or expression, sexual orientation, and age.
Nilfisk offers a competitive total compensation package. Benefits include Health, Dental, Vision, Basic and Supplemental Life, Critical Illness and Accident Insurance, Flexible Spending Accounts, Health Savings Account with Company Contribution, 401K with Company Match, Long and Short Term Disability, Employee Assistance Program, Legal Plan, Parental Leave, Paid Vacation and Sick Time, Paid Volunteer Day, Tuition Reimbursement, Wellness Reimbursement, Scholarship opportunities, etc.
Job applicant FAQ
Do you have questions regarding the recruitment process or alike? Please visit our.
EEO is the Law
Nilfisk, Inc. is an Equal Opportunity and Affirmative Action employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors. Applicants can learn more about our status as an Equal Employment Opportunity/Affirmative Action employer by viewing the federalKNOW YOUR RIGHTSEEO poster.
Equal opportunity It is the policy of Nilfisk not to discriminate any employee or applicant for employment because of race, color, religion, sex, sexual orientation, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran. It is also the policy of Nilfisk to take action to employ and to advance in employment, all persons regardless of race, color, religion, sex, sexual orientation, national origin, age, marital status, genetic information, disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment. - 22 Days Ago
- Room & Board
-
Golden Valley, MN
OTHER
- Overview Are you a seasoned Compensation Manager with a passion for blending influential and strategic thinking with hands-on data analysis to drive effective compensation programs, best practices and...
- 1 Month Ago
- Calabrio
-
Minneapolis, MN
FULL_TIME
- Calabrio is seeking a Compensation Manager to join our Sales Operations team! As the Compensation Manager, you will play a critical role in developing, implementing, and managing the sales incentive c...
- 25 Days Ago
- ECOLAB
-
Paul, MN
FULL_TIME
- Ecolab is seeking an Hourly Compensation Manager to join our Global Supply Chain team. In this role, you will provide hourly Compensation leadership and support to the Supply Chain organization, partn...
- 1 Month Ago
- SkyWater Technology Foundry, Inc.
-
Bloomington, MN
FULL_TIME
- Summary:Oversee the design and administration of SkyWater’s compensation programs. Prepare job descriptions, conducts job evaluation and salary surveys, manages salary structures, develops salary budg...
- 1 Month Ago
- Workers' Compensation Reinsurance Association
-
Saint Paul, MN
FULL_TIME
- The Workers’ Compensation Reinsurance Association (WCRA), a nonprofit association providing workers’ compensation reinsurance protection to all Minnesota insurers and self-insurers, is seeking an indi...
- 2 Days Ago
Compensation Manager jobs at Popular Companies
- Planet Professional
-
Boston, MA
- Job Title: Compensation Manager Contract to perm Location: Back Bay, Boston 2 days on site Must Haves 5-7+ years of comp...
- 4/26/2024 12:00:00 AM
- Invigorate Finance
-
Dallas, TX
- The Fay Group originated in 2008, is a full-scale real estate services company that offers mortgage servicing, property ...
- 4/26/2024 12:00:00 AM
- Eg America
-
Westborough, MA
- Position Summary: The role is responsible for all aspects of compensation, both in the retail stores & store support cen...
- 4/26/2024 12:00:00 AM
- Frazer Jones
-
- Our client, a global leader in the manufacturing space is looking for a detail-oriented and talented hands-on Manager, C...
- 4/25/2024 12:00:00 AM
- Planet Professional
-
Boston, MA
- Job Title: Compensation Manager Contract to perm Location: Back Bay, Boston 2 days on site Must Haves: 5-7+ years of com...
- 4/24/2024 12:00:00 AM
- Planet Professional
-
Boston, MA
- Compensation Manager Contract to perm Hourly: $50-60hr Location: Back Bay, Boston - 2 days on site Must Haves: 5+ years ...
- 4/23/2024 12:00:00 AM
- The University of Vermont Health Network
-
Burlington, VT
- JOB DESCRIPTION: The Network Compensation Manager is responsible for the management of Compensation at the University of...
- 4/22/2024 12:00:00 AM
- LHH
-
Chicago, IL
- Position: Compensation and Analytics Manager Location: Chicago, IL Company Overview: We have partnered with a leading la...
- 4/22/2024 12:00:00 AM