Job Title: Associate Manager – Incentive Compensation – Hartville, SC
Job Announcement Number: 20223794
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
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
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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