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Manager, Executive Compensation

Manager, Executive Compensation

Abbott LaboratoriesChicago, Illinois, US
11 hours ago
Job type
  • Full-time
Job description

Overview

Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. You’ll also have access to :

  • Career development with an international company where you can grow the career you dream of.
  • Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year.
  • An excellent retirement savings plan with a high employer contribution
  • Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelor’s degree.
  • A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune.
  • A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists.

Increase your chances of an interview by reading the following overview of this role before making an application.

The Opportunity

This position works out of our Abbott Park, IL location in the CHR Corporate Human Resources division.

What You’ll Work On

  • Lead the development, analysis and execution of executive compensation programs in order to support the Company’s objectives to attract, retain and reward Abbott’s senior most leaders.
  • Responsible for the development of all materials for the Compensation Committee meetings.
  • Perform internal / external data analysis, interpret findings, develop and present proposals / recommendations to senior leadership.
  • Conduct ongoing competitive analysis of executive compensation and pay components by benchmarking against industry and proxy peers and present findings in a concise and constructive manner
  • Serve as the subject matter expert on a variety of topics including but not limited to : grantor trust administration, officer appointments and retirements, proxy advisor modeling, officer goal setting / scoring and more
  • Manage the administration of Abbott’s non-qualified deferred compensation plans
  • Required Qualifications

  • Bachelor’s degree in HR, Business Administration, Economics, Finance or relevant field
  • 5+ years overall work experience in a relevant field including, but not limited to : project / program management, executive compensation or broad-based compensation
  • Demonstrated ability to work independently, manage priorities and project timelines, anticipate needs and determine next steps.
  • Advanced skills with Microsoft Office and project management tools.
  • Demonstrated ability to work through teams and interact at all organizational levels including key stakeholders and senior management.
  • Demonstrated excellence in organizational and time management, problem-solving, influencing, communication, and analytical skills.
  • Preferred Qualifications

  • Experience administering deferred compensation plans
  • Master’s degree (or MBA) in HR, Project Management, or relevant field
  • 3+ years Executive Compensation experience preferred
  • Certified Compensation Professional (CCP) designation
  • Experience administering compensation plans and market pricing / benchmarking
  • Experience with large, global organization
  • In-depth knowledge of rewards theory, trends, best practices, laws / regulations.
  • Apply Now

    Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at Abbott’s website and on social channels.

    The base pay for this position is $97,300.00 – $194,700.00. In specific locations, the pay range may vary from the range posted.

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    Compensation Manager • Chicago, Illinois, US

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