Job Title: Associate Manager – Incentive Compensation – Hartville, SC

Job Announcement Number: 20223794

Job Summary:

Develop and manage dedicated resources that specialize in Incentive plan design, modelling, plan communications, and the calculation of performance-based incentives

Centralization and Standardization of all US performance-based Incentives plans

Manage strategic communications for Variable compensation

Strategize with Divisions to design Incentive plans

Sales Incentives

Supervisor Incentives

Hourly Incentives

Annual incentive plans

Establish Corporate Variable Compensation Philosophy for Salaried and Hourly Employees

Keep abreast to all legislative and regulatory changes as they relate to Variable Compensation, and suggest recommended changes as applicable

Review current practices and policies to identify compliance risks and manage implementation and documentation of changes

Manage governance of existing structure

Sets guidelines and ensures compliance

Exception & approval tracking

Streamline programs to ensure alignment and execution

Manage broad based projects which may include market competitiveness review, impact of variable compensation on retention, and Incentive Plan redesigns.

Build productive and positive relationships with cross-functional teams to ensure alignment on initiatives

Development of a mechanism to track the effectiveness of the incentive plans

Compensation modelling and cost analysis reporting

Requirements

  • Experience with Incentive Plan Design & Calculations

  • Strong Analytical thinker

  • Ability to work independently

  • 5 years’ experience in Corporate Compensation

Salary: $100,000 – $115,000

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