Compensation Operations Manager

nVent

  • Saint Louis Park, MN
  • $105,000-195,000 per year
  • Permanent
  • Full-time
  • 14 days ago
We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.The Compensation Operations Manager will be responsible for the design and management of nVent’s job and compensation architecture as well as standard processes that ensure both market competitiveness and internal equity. This position will also have responsibility for leading initiatives that ensure that nVent’s compensation framework complies with statutory or legislative requirements. This position requires a strategic planner with a strong analytical foundation to deliver results with accountability and collaboration.WHAT YOU WILL EXPERIENCE IN THIS POSITION:
  • Oversee and guide the governance and execution of nVent’s standardized global compensation architecture components, including but not limited to: job framework (catalog) & leveling; annual benchmarking survey processes; and pay structure reviews and implementation.
  • Lead nVent’s annual global compensation planning process with strong project management skills to ensure accuracy and successful execution of merit, short-term, and long-term incentive planning
  • Oversee and support mandatory or statutory pay increase processes, worldwide
  • Establish regular monitoring of compensation-related laws and regulations, worldwide, and lead the development and implementation of compliance-based actions. This includes but is not limited to pay transparency requirements, India Labour Code changes, minimum wage legislation, etc.
  • Drive continuous improvement and innovation in compensation infrastructure processes, tools, and analytics.
  • Lead, and mentor a team, setting expectations, assessing performance, and supporting career growth & development.
  • Manage relationships and collaboration with compensation vendors (benchmarking vendors, etc.)
YOU HAVE:
  • Bachelor's degree in Human Resources, Finance, Business or another related field. MBA or Master’s in Finance or Human Resources a plus. Certified Compensation Professional (CCP) certification a plus.
  • 7+ years of progressive broad-based compensation experience including 2+ years in a manager role, preferably in the manufacturing and industrial industry. Global compensation experience required.
  • Leading compensation (merit) planning processes through successful project management.
  • Advanced HRIS systems experience, preferably Workday. Experience with Human Resources (HR) systems configuration and reporting.
  • Manufacturing experience or experience with hourly production compensation highly desirable.
  • Advanced understanding of third-party compensation survey participation requirements and job benchmarking.
  • Highly accountable self-starter, comfortable working independently as well as displaying strong team collaboration.
  • Strategic and data driven approach with the agility to adapt in a fast-paced, changing environment.
  • Exceptional communication, interpersonal, and influencing skills, with the ability to establish relationships at all organizational levels and across cultures.
  • English (Advanced level), other languages a plus.
  • Ability to travel up to 5% of the time, domestically or internationally.
WE HAVE:A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every daynVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at .Commitment to strengthen communities where our employees live and workWe encourage and support the philanthropic activities of our employees worldwideThrough our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate moneyCore values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:Innovative & adaptableDedicated to absolute integrityFocused on the customer firstRespectful and team orientedOptimistic and energizingAccountable for performanceBenefits to support the lives of our employeesPay TransparencynVent’s pay scale is based on the expected range of base pay for this job and the employee’s work location. Employee pay within this range will be based on a combination of factors including knowledge, skills, abilities, experience, education, and performance. Where federal, state, or local minimum wage requirements exist, employee pay will comply.Compensation Range: $105,000.00 - $195,000.00Depending on the position offered, employee may be eligible for other forms of compensation, such as annual incentives.Benefit OverviewAt nVent, we value our people and their health and well-being. We provide a broad benefits package with meaningful programs for eligible full-time employees that includes:Medical, dental, and vision plans along with flexible spending accounts, short-term and long-term disability benefits, critical illness, accident insurance and life insurance.A 401(k) retirement plan and an employee stock purchase plan — both include a company match.Other supplemental benefits such as tuition reimbursement, caregiver, personal and parental leave, back-up care services, paid time off including volunteer time, a well-being program, and legal & identity theft protection.At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.#LI-AM1
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