Manager, Compensation

Position Summary:   The Manager, Compensation will be a member of the HR team, reporting directly to the Director, HR Operations & Enablement. The Manager, Compensation  is responsible for the strategy and administration of TireHub’s policies, procedures, and programs related to compensation.

The individual must exhibit the following core TireHub commitments:

·         Approachable - If a company could smile, we would. Instead we rely on our people to show it. We care about each other and our customers because we know business only gets done right when people respect each other and value relationships.

·         Adventurous - What TireHub is set up to do is intentionally outrageous. So, we readily embrace challenges with the courage to introduce new ideas and the ambition to build something unique.

·         Relentless - We tackle our work with energy. We deliver on our commitments with enthusiasm. And we do not give up until we get to the end. 

·         Speedy - Speed is the currency in the tire industry. When we commit to a job, we get the job done – and we do it fast. 

 

Role Specifics:

·         Manages compensation processes like the compensation structure and planning, incentive structure & planning, etc.

·         Assists the preparation of the compensation budget, including the regular monitoring and reporting vs. budget, and adjusting of the forecast

·         Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.

·         Analyses and provides semi-annual reporting on different components of the compensation structure and the internal equity and external competitiveness of that structure

·         Conducts periodic review of market compensation trends to ensure TireHub’s position in the market is in line with strategy

·         Design a process and conduct market reviews as required to make tactical adjustments

·         Conducts regular compensation audits to check for adherence to TireHub’s Compensation philosophy and practices

·         Leads the grading / compensation range process for new jobs and modifications of existing jobs

·         Provides recommendations for changes to the compensation and incentive structures

·         Assists and coordinates annual merit process

·         Creates and maintains incentive plan documents and ensures accuracy.

·         Collaboratively designs and develops compensation policies

·         Serves as the key point of contact for compensation vendors and builds partner relationships with each.

·         Collaborates with and assists HRBPs and other members of the human resources team to support HR initiates and drive business results.

·         Assists to establish departmental measurements that support the accomplishment of the human resource strategic goals.

·         Contributes to the development of an employee-oriented company culture that emphasizes quality, continuous improvement, and high performance.

·          Complies with all existing governmental and labor legal and government reporting requirements including any related to the Equal Employment Opportunity (EEO), the Americans With Disabilities Act (ADA), the Family and Medical Leave Act (FMLA), Employee Retirement Income Security Act (ERISA), the Department of Labor, worker compensation, the Occupational Safety and Health Administration (OSHA), and so forth. Maintains minimal company exposure to lawsuits.

 

Performs additional responsibilities as requested*

 

Competencies:

§  Drives Results:  Consistently achieving results, even under tough circumstances

§  Cultivates Innovation:  Creating new and better ways for the organization to be successful

§  Manages Ambiguity: Operating effectively, even when things are not certain or the way forward is not clear

§  Nimble Learning: Actively learning through experimentation when tackling new problems, using both successes and failures as learning fodder

 

Experience:

·         5-7 years’ experience in similar HR role

·         At least 2 years’ experience with compensation analysis

·         Bachelor’s Degree in Human Resources or Business preferred

·         PHR Certification preferred

 

Knowledge, Skills, and Abilities:

·         Experience with HCMS – UKG preferred

·         BI – Experience with BI tools

·         Strong Excel skills

·         Strong analytical skills and ability to find the story in the numbers

·         Strong presentation skills

·         Demonstrated ability to effectively communicate cross functionally at all levels of an organization

·         Ability to collaborate effecti