Senior Compensation Analyst Global Incentives

Job Location: Wickliffe, OH or Brecksville, OH preferred. Open to other US Lubrizol locations.
Job Type: Full-time, hybrid

 

About Lubrizol  
The Lubrizol Corporation, a Berkshire Hathaway company, is a specialty chemical company whose science delivers sustainable solutions to advance mobility, improve wellbeing and enhance modern life. Founded in 1928, Lubrizol owns and operates more than 100 manufacturing facilities, sales, and technical offices around the world and has about 8,000 employees. For more information, visit www.Lubrizol.com.

We value diversity in professional backgrounds and life experiences. By enabling a consistent, unbiased, and transparent recruitment process, Lubrizol seeks to create a positive experience for candidates so we can get to know them at their best. We recognize unique work and life situations and offer flexibility, ensuring our employees feel engaged and fulfilled in every aspect of life.   

 

Join Lubrizol as a pivotal member of the Total Rewards team in this exciting role as a Senior Compensation Analyst focusing on Global Incentives. You'll play a crucial role in managing and optimizing our Incentive Compensation programs globally in partnership with the Regional Total Rewards leaders. 

Your expertise will be invaluable as you provide governance and oversight over incentive awards. You will be accountable for delivering expert-level advice on incentive awards and total compensation packages, thereby supporting our commitment to attract and retain top talent. You will lead the design and measurement of the Sales Incentive Program, ensuring that our total compensation awards are competitive and aligned with market standards.Working closely with the executive compensation team, you'll also contribute to the strategic direction of incentive compensation programs.

 

What You Will Do:

• Lead the design and forecasting of the Sales Incentive Plan in collaboration with sales operations and sales leadership, ensuring alignment with business objectives.
• Provide comprehensive and expert advice on eligibility criteria and award calculations for incentive plans globally, facilitating understanding and transparency.
• Support the executive compensation framework by ensuring alignment with market practices and organizational goals.
• Manage data integrity and implement system enhancements for Lubrizol’s incentive systems, ensuring optimal functionality and performance.
• Conduct analyses on compensation data to identify trends, discrepancies, and opportunities for improvement.
• Maintain compliance with EEO, ADA, and other industry-specific regulations while promoting ethical practices within compensation management.
• Actively engage in the continuous improvement of processes related to compensation, providing input based on market best practices.
• Facilitate training and information sessions to enhance understanding of incentive compensation programs across the organization.
• Participate in industry events and trainings to remain current on market trends and regulatory changes that impact compensation strategy

 

Skills That Make a Difference:

• Bachelor's degree in Human Resources, Business Administration, or a related field. Relevant equivalent experience will be considered in lieu of a degree.
• A minimum of 4+ years in compensation, sales analytics, or other relevant experience, Global Manufacturing experience preferred.
• Expertise in North American compensation practices and understanding of regulatory requirements.
• Strong analytical skills and proficiency in utilizing compensation data analysis tools, such as SAP and Salary.com, to derive actionable insights.
• Excellent communication and interpersonal skills, with the ability to convey complex information clearly and effectively.
• A proactive approach to managing multiple projects and priorities within a fast-paced environment.
• Ability to maintain focus and productivity while sitting for extended periods and using standard office equipment.
• Willingness to travel occasionally, up to 10-20%, for business purposes such as visiting company locations or attending industry events

 

Perks and Rewards That Inspire:

• Competitive salary with performance-based bonus plans