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Compensation Manager

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Sherwin-Williams

2mo ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Banking & Finance
  • Cleveland

AI generated summary

  • You need a bachelor's degree or 7 years in compensation, CCP certification, 5+ years experience, Excel proficiency, HR data analysis, and familiarity with Wage Survey Databases.
  • You will manage incentive plans, ensure goal accuracy, conduct wage reviews, oversee recognition programs, and collaborate on sales contests and training for total rewards.

Requirements

  • Must have a bachelor's degree or higher or have at least seven (7) years of work experience in compensation
  • Master’s Degree in Finance, Accounting, HR, or other Business-Related Function
  • Certified Compensation Professional (CCP) Certification
  • Must be legally authorized to work in the country of employment without needing sponsorship for employment work visa status now or in the future.
  • Must have a meeting or exceed expectations on last year’s performance appraisal (For internal applicants only).
  • Must be at least eighteen (18) years of age.
  • At least 5 years of compensation-related work experience.
  • Must have prior work experience maintaining and analyzing data.
  • At least 7 years of compensation-related work experience
  • Must have at least one (1) year of work experience using Microsoft Excel, including writing formulas, formatting and sorting data, creating pivot tables, and importing/exporting Excel data.
  • Must have at least one (1) year of experience using Microsoft Office products (e.g. Word, Excel, PowerPoint, Teams, and/or Outlook.
  • Experience with Varicent data and/or Varicent functionality.
  • Understanding of data dependencies within HR Cloud & Varicent.
  • Experience with Wage Survey Databases
  • 10%

Responsibilities

  • Incentive Plan Management
  • CBG CIP/SWMIP Management
  • Ensure goals are established and communicated timely each plan year.
  • Maintain the Varicent goal sheets throughout the year.
  • Ensure the accuracy of final results and bonus payouts at year-end.
  • CBG Sales Incentive Plans
  • Partner with HR, Finance, and Sales leadership to develop goal structure/design each plan year.
  • Ensure goals are established and communicated in a timely manner each year.
  • Maintain the Varicent goal sheets throughout the year.
  • Ensure the accuracy of final results and bonus payouts at year-end.
  • Job Grades & Wage Reviews
  • Complete job grades in a timely manner to assist the business in hiring the right talent with competitive compensation.
  • Conduct wage reviews, and benchmarking against internal and external data, to ensure fair and competitive wages.
  • Update labor markets annually to maintain internal equity for high-cost of labor areas.
  • Create and maintain functional salary grading structures.
  • Partner with International Compensation Director(s) and local HRBPs for base pay administration as needed.
  • Award & Recognition Program Management
  • Partner with the VP of Human Resources to administer the annual Spectrum & Circle Sales Awards.
  • Partner with HR and the vendor to design, promote, and measure the effectiveness of Celebrate Recognition initiatives.
  • Manage CBG DSO/DCA process.
  • Special Projects
  • Work with Sales Leadership and Finance to design, implement, and track sales contests.
  • Provide education and training to managers and employees on total reward opportunities.

FAQs

What are the primary responsibilities of the Compensation Manager?

The primary responsibilities include managing incentive plans, conducting job grades and wage reviews, managing award and recognition programs, and working on special projects related to compensation activities for the Consumer Brands Group.

What qualifications are required for this position?

A bachelor's degree or higher, or at least seven years of work experience in compensation is required. Additionally, candidates must have at least five years of compensation-related work experience.

Is experience with Varicent necessary for this role?

While experience with Varicent is preferred, it is not a mandatory requirement. However, familiarity with data analysis and management is essential.

What technical skills are needed for the Compensation Manager position?

A minimum of one year of experience using Microsoft Excel and Microsoft Office products is necessary. Skills in writing formulas, sorting data, and creating pivot tables in Excel are especially important.

Does this position require travel?

Yes, this role requires approximately 10% travel.

What type of benefits does Sherwin-Williams offer to employees?

Sherwin-Williams offers a wide range of world-class benefits, including health care, retirement plans, and total well-being support for employees and their families.

Are applicants with criminal records considered for this position?

Yes, qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws.

What is the company’s stance on diversity and inclusion?

Sherwin-Williams is committed to an inclusive and diverse workplace and is an Equal Employment Opportunity/Affirmative Action employer.

Do internal applicants need to meet specific performance criteria?

Yes, internal applicants must meet or exceed expectations on their last year’s performance appraisal to be considered for the position.

What is the wage range for the Compensation Manager role?

The wage range is dependent on various factors, including skills, experience, and training, but specific details on the range are provided in the job posting.

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Sherwin-Williams

Discover a career where you can Let Your Colors Show.

Manufacturing & Electronics
Industry
10,001+
Employees

Mission & Purpose

Sherwin-Williams is a company that operates in the paint and coatings industry, providing a wide range of products for residential, commercial, and industrial applications. The company's primary focus is on manufacturing and selling paints, coatings, and related products, including stains, varnishes, and surface preparation materials. Sherwin-Williams' overarching goal is to be a leading provider of quality coatings, offering innovative and sustainable solutions to protect and enhance surfaces. Their purpose revolves around providing customers with high-performance products, expert advice, and colour solutions to meet their painting and coating needs. Through their products and services, Sherwin-Williams aims to contribute to the aesthetics, durability, and sustainability of various structures and surfaces.

Benefits

  • (401(k) Plan) allows you to save money from your paycheck and earn employer matching contributions as a future source of income for retirement. It also allows you to become a shareholder of the Company and participate in its growth

  • Medical, dental and vision coverage

  • Life and accidental death and dismemberment (AD&D) insurance

  • The Balance 4 Well-Being program provides the opportunity to take online health reviews, receive health coaching, participate in online challenges and more

  • The Flu Shot Program pays for your annual flu shot each fall for you and your family