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Quanex · 2 hours ago

Compensation Manager

Akron, OH

Full-time

Onsite

Senior Level

$140K/yr - $172K/yr

5+ years exp

Quanex is a global manufacturing company looking for a Compensation Manager to join their team in Houston, Texas. This role involves designing and overseeing global compensation strategies to align with business objectives and ensure compliance with regulations, while developing a competitive compensation structure to attract and retain talent.

Building MaterialManufacturingProduct Design

Responsibilities

Design and execute global compensation strategies in collaboration with HR leadership, considering market trends, company goals, and employee satisfaction

Conduct comprehensive market research and benchmarking to maintain competitive compensation practices across all regions

Create and manage global salary structures and pay bands, ensuring consistency, competitiveness, and compliance across locations

Develop and oversee short- and long-term incentive programs, including annual bonus schemes, equity programs, and other rewards initiatives, including sales compensation

Ensure compensation programs comply with local and international regulations, including tax laws, pay equity standards, and other relevant compliance requirements

Perform regular compensation analyses and provide insightful reports to inform decision-making; identify trends, cost implications, and forecast budgets

Work closely with HR partners, finance, and business leaders to understand workforce needs and provide tailored compensation solutions

Educate employees and managers on compensation policies, practices, and philosophy, ensuring transparency and understanding of reward structures

Performs other related duties as necessary or assigned

Qualification

Global compensation practicesCompensation strategy developmentData analysisCompensation analysis toolsHRIS systemsCommunicationInterpersonal skillsAttention to detailStrategic perspective

Required

Bachelor's degree in Human Resources, Business Administration, Finance, or a related field

Minimum of 5-7 years of experience in compensation, with at least 3 years in a global role

Strong analytical and quantitative skills, proficiency in compensation analysis tools and HRIS systems, and a deep understanding of global labor markets and compensation regulations

Excellent communication and interpersonal skills with a demonstrated ability to work effectively with cross-functional and multicultural teams

Highly organized, with a strong attention to detail and a strategic perspective on total rewards