Compensation Partner

Posted 8 Days Ago
Be an Early Applicant
Piscataway, NJ
Senior level
3D Printing • Chemical
The Role
The Compensation Partner will manage and administer compensation programs, lead compensation assessment projects, conduct job evaluations, and provide guidance on compensation-related issues. They will analyze program effectiveness and ensure compliance with regulations while contributing to the development of HR frameworks within the compensation area.
Summary Generated by Built In

What we offer

Explore a world of opportunities with us. Look ahead with us and help shape innovative solutions to make our world more sustainable and life healthier, more vibrant and more comfortable. At Evonik, you have the chance to explore, thrive, and grow alongside 33,000 colleagues. Among attractive career paths and high-quality development programs, we not only offer performance-based remuneration and occupational health benefits but also hybrid and flexible working environments with #SmartWork. Bring your fresh perspective, develop your strengths, break out your mold, and find a career that fits your dreams with us.

Click on the link below to learn what our employees have to say about Evonik:
https://careers.evonik.com/en/about/meet-the-team/

Evonik Corporation is looking for a seasoned Compensation Partner to administer compensation programs that support the strategic goals of the organization. The Compensation Partner is a member of the Total Rewards - Compensation, Americas team and supports the design and administrating of Evonik's compensation programs, structures, systems, policies, and processes.

RESPONSIBILITIES

  • Administer/manage the annual salary and bonus planning process;
  • Lead and participate in projects affecting broad-based compensation programs, processes, and systems;
  • Conduct competitive compensation assessments for base and variable pay by participating in salary surveys and analysis of the results;
  • Conduct job evaluations on new and revised positions utilizing market data and job evaluation techniques (Korn Ferry Hay methodology and slotting) to ensure internal equity, external competitiveness, and FLSA compliance;
  • Serve as advisor to HR Business Partners and Business Leaders regarding compensation related issues;
  • Analyze the effectiveness of compensation programs and recommend improvements;
  • Provide guidance and advice on all wage and hour and other regulatory requirements affecting compensation;
  • Present salary grade and total pay recommendations based on market research and internal analysis;
  • Prepare compensation reports, communications, and analysis documentation for all compensation special projects and assignments;
  • Develop own capabilities by participating in assessment and development activities as well as training and coaching and gain or maintain external professional accreditation where relevant to improve performance and fulfill personal potential;
  • Maintain an in-depth understanding of compensation related technology, external regulations, and industry best practices;
  • Contribute to the drafting/creation of HR frameworks and tools within the compensation area and ensure compliance with specified design principles, internal policies, and external legal requirements; and
  • Promote and maintain the principles and responsibilities related to Responsible Care within assigned areas of responsibility and as defined in the RC 14001 management system.

REQUIREMENTS

  • Bachelor's degree in a related field;
  • Expert knowledge of current Wage and Hour, FLSA, Equal Pay and other regulatory requirements governing compensation;
  • 5-8 years of broad-based compensation experience (sales incentive and variable pay program design preferred);
  • Certified Compensation Professional (CCP) designated (preferred);
  • Experience leading compensation projects working with HR Business Partners and key business stakeholders;
  • Advanced skills using Excel, Word, PowerPoint, and HRIT systems (Workday and ADP experience highly preferred);
  • Successful candidate must have strong communication, continuous improvement, collaboration, analytical, organizational, and project management skills while being both detail-oriented and focused on achieving end results;
  • Ability to work independently in a fast-paced environment while effectively managing multiple priorities;
  • Ability to maintain an extremely high level of confidentiality;
  • Ability to work effectively in both a regional and global team setting; and
  • Domestic travel less than 5%.

The Evonik Group adopts an Equal Employment Opportunity (EEO) approach. Candidates are assessed based on their educational qualifications, experience, job competencies and potential and shall not be discriminated against on the basis of race, ethnicity, age, gender, religion, nationality, disability or sexual orientation or other classifications protected by local, state, or provincial regulations.

Your Application
 

To ensure that your application is proceeded as quickly as possible and to protect the environment, please apply online via our careers portal. Further information about Evonik as Employer can be found at https://careers.evonik.com.

Please address your application to the Talent Acquisition Manager, stating your earliest possible starting date and your salary expectations.

Your Talent Acquisition Manager:

Michelle Rush [C]

Company is

Evonik Corporation

The Company
HQ: Essen
13,812 Employees
On-site Workplace
Year Founded: 2007

What We Do

Evonik is one of the world’s leading specialty chemicals companies. While we don’t produce electric cars, aircraft, medications or 3D printers, Evonik is part and parcel of these and many other end products. That’s because we contribute the small things that make a big difference. We make electric car batteries perform better, aircraft greener, medications more effective and 3D printers more efficient. In short: We think beyond the bounds of chemistry to make the world a better place. Today and tomorrow. We are an international group with a workforce of over 32,000 people spread across more than one hundred locations. Our daily work is shaped by global concerns, such as sustainability, diversity and digitalization. In all our business decisions, we take the present and future generations into consideration. After all, being ready for tomorrow is our business.

Interested in joining our global team? Our wide range of opportunities extends from creative and innovative research through international management all the way to production. Whether you’re studying, starting out in your career or a seasoned professional, come help us make the world a better place. For more information about careers at Evonik, go to:
www.careers.evonik.com. #HumanChemistry

Find our netiquette on: www.evonik.com/netiquette

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