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Compensation Manager

Compensation Manager

AmcorNew Haven, CT, US
1 day ago
Job type
  • Full-time
Job description

Accelerate The Possible

At Amcor, we unpack possibility through our innovative and responsible packaging to provide solutions that benefit our customers, our people and our planet. More than 10,000 consumers worldwide encounter our products every second and rely on us for safe access to food, medicine, and other goods. We value their trust by making safety our guiding principle. It's our core value and integral to how we do business.

Beyond this core principle, our shared values and behaviors unite us as we work together to elevate customers, shape lives, and protect the future. We champion our customers and help them succeed. We play to win adapting quickly in an everchanging world and make smart choices to safeguard our business, our communities, and the people we serve for generations to come. And we invest in our world-class team, empowering our colleagues to unpack their potential, because we believe when our people grow, so does our business.

Job Description

The Compensation Manager manages high impact compensation programs, which include short-term incentives, job evaluations, compliance, and key compensation projects. This position works closely with the Director of Compensation to support the development and execution of the compensation strategy. This role collaborates closely with HR and leadership teams on organizational structures, and competitive & equitable pay across the organization.

Key Job Accountabilities :

  • Geographic Scope : North America
  • Manage the annual incentive design and implementation of the sales and non-sales short-term incentive programs to ensure incentives attract and retain key talent, align with organizational priorities, and foster a high-performance work environment.
  • Responsible for the administration of short-term incentive programs, to include executing the annual payout process, program documentation and communication strategies, data audits, and working with HR Partners to ensure proper employee participation.
  • Leverage compensation analytics, benchmarking data, and emerging industry trends to recommend and implement compensation strategies.
  • Identify process efficiencies, develop & maintain positive stakeholder relationships, and present information to diverse audiences.
  • Lead the implementation of the Pay-for-Skill program for applicable sites.
  • Partner with Global Remuneration Network contacts on compensation related topics and projects across Business Groups.
  • Support the annual merit planning process which includes preparing communications, providing strategic guidance to salary planners through the process, system testing, and preparing / leading training as needed.
  • Evaluate jobs utilizing the Hay Job Evaluation method for accuracy and consistency in grade, title, and FLSA status; works with managers and HR Partners regarding clarifications and discrepancies; responsible for ad-hoc, functional, and full market analysis; makes recommendations to HR Partners.
  • Conduct annual hourly compensation benchmarking for AFNA plant locations in partnership with site HR leadership.
  • Participate in regional and national compensation surveys and utilize data results to ensure competitive positioning within the manufacturing sector.
  • Manage the Equity Management Incentive Plan (EMIP) and Long Term Incentive Plan (LTIP) tax reporting process for eligible participants as shares vest, including coordination with Payroll team to ensure compliance.
  • Stay abreast of FLSA and evolving federal / state / local pay regulations.
  • Mentors Compensation Analyst team members.
  • Manage compensation related projects, as assigned.

Qualifications / Requirements :

  • Bachelor's degree is required, focus on Human Resources preferred
  • 5+ years of compensation experience
  • 3+ years of Human Resources experience within the manufacturing industry preferred
  • Certified Compensation Professional (CCP) is desirable
  • Experience with Workday System a definite plus
  • Experience with compensation philosophies and methodologies; Hay Compensation methodology is desirable.
  • Regular attendance
  • Frequent interaction with others
  • Ability to sit up to 50% of time
  • Ability to communicate up to 90% of time
  • Ability to move from one place to another up to 50% of time
  • Ability to work on a computer 100% of time
  • Ability to travel domestically 5% of time
  • Our Expectations

    We expect our people to be guided by The Amcor Way and demonstrate our values every day to enable the business to win. We are winning when :

  • Our people are engaged and developing as part of a high-performing Amcor team
  • Our customers grow and prosper from Amcor's quality, service, and innovation
  • Our investors benefit from Amcor's consistent growth and superior returns
  • The environment is better off because of Amcor's leadership and products
  • Equal Opportunity Employer

    Amcor is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

    If you would like more information about your EEO rights as an applicant under the law, please click on the "Know Your Rights : Workplace Discrimination is Illegal" Poster.

    If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please call 224-313-7000 and let us know the nature of your request and your contact information.

    Compensation

    The starting salary for this position is expected to be between $98,000 to $122,500; however, base pay offered may vary within the full salary range $98,000 to $147,000 depending on job-related knowledge, skills, and experience. Base pay information is based on national averages and a geographic differential may be applied based on work location. Position may also be eligible for Amcor's Management Incentive Plan / Sales Incentive Plan, which is an annual bonus program based on business and individual performance, as well as medical coverage and other health and welfare benefits.

    Benefits

    When you join Amcor, you will have access to a comprehensive benefits and compensation package that includes :

  • Medical, dental, and vision plans
  • Flexible time off, starting at 80 hours paid time per year for full-time salaried employees
  • Company-paid holidays starting at 9 days per year and may be slightly higher by location
  • Wellbeing program & Employee Assistance Program
  • Health Savings Account / Flexible Spending Account
  • Life insurance, AD&D, short-term & long-term disability, and voluntary accident disability benefits are available
  • Paid Parental Leave
  • Retirement Savings Plan with company match
  • Tuition Reimbursement (dependent upon approval)
  • Discretionary annual bonus program (initial eligibility dependent upon hire date)
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    Compensation Manager • New Haven, CT, US

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