Senior Manager, Compensation
IGTAbout the role
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
Overview
We are seeking an experienced global compensation leader to support the Gaming and Digital business inclusive of employees from Corporate Support who are primarily aligned to these business units. The key responsibilities are guiding the design, strategy and all enhancements of employee broad-based compensation programs including but not limited to base pay, salary structures, job levels, budgets and recognition programs. In collaboration with IGT’s Total Rewards team, the Senior Manager Compensation ensures the strategic alignment of compensation programs and plan designs with IGT’s Total Rewards Philosophy and Guiding Principles, business objectives and jurisdictional compliance.
This position must work effectively with other global leaders within People & Transformation (P&T), Payroll, Finance, Corporate Development, and IT. From time to time, this position will present and facilitate senior executive leader presentations and discussions. This individual will report directly to the Vice President, Gaming P&T with a dotted line to the Vice President, Play Digital P&T and Senior Director Global Compensation in Total Rewards.
Responsibilities
- Assist in the development, implementation and communication of IGT compensation programs within the Gaming and Digital segment. These programs include but are not limited to broad-based compensation, sales incentives, variable pay programs and other incentive programs. Assist in the design and maintenance of Gaming and Digital job family structure, including job leveling and job catalog.
- Apply the concepts of competitive pay levels and practices to determine competitive position by labor market.
- Develop and update quantitative models to formulate recommendations and updates to compensation structures and elements.
- Lead the development and completion of Gaming and Digital compensation reviews and recommendations related to new hires / merit / promo / and other increases.
- Work with HRIS operations team to ensure SAP & HRIS system meets compensation needs through initial program implementation and ongoing updates to reflect changes to programs.
- Design and build compensation metrics, reports and tools to facilitate compensation program decisions and analyze business outcomes. Produce ad hoc analyses with quick turnarounds.
- Create materials to effectively communicate compensation plans, policies and practices to the People team, employees and managers.
- Ensure pay practices are compliant with US federal and state requirements (i.e. FLSA, minimum wage, overtime, etc) and requirements for each country in which we operate.
- Accountable for Gaming and Digital compensation program assessments, analysis and recommendations, through collaboration with Total Rewards and other stakeholders to align with the segment’s strategic vision.
- Work closely with P&T leadership in reviewing program recommendations, associated costs, analysis/impacts and implementation of plans.
- Develop communications to effectively acquaint and train P&T colleagues and leaders on compensation practices and guidelines.
- Ensure that all compensation processes and procedures are consistent with the Company’s SOX requirements and are legally compliant with national and local compensation laws.
- Monitor the effectiveness of the Company’s pay programs within Gaming and Digital.
- Provide salary recommendations for changes or enhancements as needed through trend analysis, cost benefit analysis, key performance indicators and market intelligence.
- Keeps track of salary changes for the organizations they support.
All listed tasks and responsibilities are deemed as essential functions to this position; however, business conditions may require reasonable accommodations for additional tasks and responsibilities.
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