Compensation Manager

job
  • Point B
Job Summary
Location
Chicago ,IL 60629
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
19 Dec 2024
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Job Description
Point B is a consulting firm that is trusted by the world's leading organizations and specializes in business transformation and technology services. We are committed to making an impact for our customers and leveraging technology to unlock human potential. We help accelerate our customers' progress toward meaningful outcomes by bringing together cross-industry expertise, proven process, and transformative technology to activate shared potential.

Our diverse set of experts spans13 U.S. locations, with international reach via our partnership withNextcontinent. We're united by our desire to help our customers succeed, wherever they do business.

Point B has been consistently recognized as one of the best places to work by FortuneĀ® magazine, The Wall Street Journal, ConsultingĀ® magazine, BuiltIn, Vault.comĀ®, and many others.

Firmwide Operations at Point B delivers internal and external results through leadership, process, people, and technology while supporting employees in delivering their best for our customers.

Our operations team includes roles focused on People & Culture, Talent & Executive Talent, Risk & Legal, Finance & Accounting, Travel & Events, Communications & Change Management, IT & Facilities, Business Operations, and Marketing. Working across these disciplines, we create the foundation from which Point B'ers discover and grow their careers.

Point B is seeking a dynamic and analytically oriented Compensation Manager to join our progressive People team. In this pivotal role, you will lead the design, implementation, and administration of our compensation programs, ensuring they align with Point B's vision, strategy, and Employee Value Proposition while also maintaining tight alignment with competitive practices. You collaborate closely with management and internal partners to diagnose improvement opportunities, analyze competitive compensation practices and to develop compensation strategies that attract, motivate, engage and retain top talent. Your expertise will drive decisions regarding salary structures, bonus programs, and sales incentives to create a transparent, energized, and equitable work environment. You will also be responsible for maintaining compliance with government regulations affecting compensation and ensuring our pay practices are administered fairly. The ideal candidate will possess a strong analytical toolset, excellent communication skills, initiative, and a thorough understanding of compensation practices. By leading our compensation programs, you will play a key role in enhancing Point B's employee experience and business success. If you are passionate about developing strategic compensation solutions, problem solving in a dynamic industry and thrive in a collaborative environment, we invite you to apply for this exciting opportunity.

WHAT YOU'LL GET TO DO:

Develop and implement compensation strategies aligned with Point B's goals.

Conduct market research and analyze compensation trends to inform design of compensation programs for all Point B associates.

Design and manage Point B's job architecture, salary ranges, incentive plans and other people programs focused on delivering top talent.

Oversee the administration of compensation programs using Workday, benchmarking tools, and analytical tools including excel, Power BI, and statistical applications.

Ensure compliance with compensation-related regulations and practices.

Collaborate with Point B's People team and management to evaluate and benchmark compensation programs.

Provide guidance and training to HR Business Partners and managers on compensation matters.

Facilitate and lead the design of effective variable pay and incentive practices.

WHAT WE OFFER:

The ability to chart your career path based on expertise and passions

An environment that encourages you to identify new opportunities and supports you in reaching your goals

The chance to have a balanced lifestyle by working with local or national clients in a flexible consulting model

The opportunity to further enable fun and collaborative culture with teams that are as passionate about their communities as they are about their clients

A comprehensive, flexible Total Rewards program that supports and recognizes each individual's unique needs and contributions to the firm

WHAT WE EXPECT YOU'VE ALREADY DONE:

Bachelor's degree in Human Resources, Business Administration, Finance, Data Analytics or related field.

A minimum of 6-8 years of experience in compensation management.

Exceptional knowledge of compensation principles, practices, and applicable laws.

Top-tier analytical skills with a focus on data-driven decision making and collaborative problem solving.

Excellent communication, initiative and interpersonal skills for collaboration and influence.

Proficiency in compensation software and HR information systems, preferably with Workday Advanced Compensation.

Certification in compensation (e.g., CCP) and some familiarity with employee benefits is preferred.

THE KIND OF PEOPLE WE LOOK FOR:

Innate problem solvers who want to grow in a flexible, collaborative culture

Those who have a growth mindset regarding training, practice, and evolving their skills

Versatile people who thrive on variety and challenge

Successful in ambiguous environments

Desire to and ability to learn

Passion for Point B's Mission, Vision, Values & Culture

Gets it done brand and attitude

Ability to work from home

Ability to work non-standard work hours when necessary.

COMPENSATION AND BENEFITS:

The estimated salary range for this role is $107.500 - $190,000 USD per year. This salary range is provided as required by local and state law as applicable. Individual salaries vary on a number of factors including but not limited to geography, skills, education, experience and unique qualifications where applicable.

Bonuses are awarded at Point B's discretion and are based upon individual contributions and overall firm performance.

INTRIGUED TO LEARN MORE?

When you apply for this role, your information will be personally reviewed by our talent acquisition team (not by a robot). You can expect to hear back from us with feedback if we think there could be a fit and what next steps look like.

WHAT MAKES POINT B DIFFERENT?

Our Founding Purpose and Values of our firm. Be part of a fun and collaborative culture with teams that are as passionate about their communities as they are about their clients

Employee Ownership - Giving you a voice in directing your career and building our firm

Benefits - Our comprehensive package includes competitive base pay and an annual bonus, complete health benefits including an option for 100% employer paid premium for medical, vision and dental coverage for employees, ownership shares through our ESOP, self-directed time off and more

Work-Life Balance - A unique culture that recognizes the importance of flexibility and collaboration. Our local and national model empowers you to choose the life you want

Award winning - We are proud to be named a Best Workplace in the US by Fortune magazine, Best Workplaces for Millennials, and Best Workplaces for Women. Hear more about why people love working at Point B on GlassDoor

Point B is an equal-opportunity employer committed to a diverse workforce. We provide equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. You can read more about our commitment to diversity on our website.

Point B is committed to providing equal opportunities for persons with disabilities or religious observances, which includes providing reasonable accommodation for in any individuals with disabilities or for religious purposes. Applicants with disabilities may contact our Accommodations team at [redacted] or [redacted] to request and arrange for accommodations through the application and/or recruiting process. If you need assistance to accommodate a disability or religious observance, you may request an accommodation at any time. Please note: This mailbox is only for accommodation requests or questions. Please use the Contact Us form for any recruiting inquires.

Legal Information for Job Seekers can be accessed on our Careers Website.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
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