Head of Compensation and Benefits - IL/IN - Detroit - ref. z66481519

About Our Client

Our client for the Head of Compensation and Benefits North America opportunity is a global industrial manufacturing company and is ranked in the Global Fortune 500. This organization services customers in a range of industries including, but not limited to automotive, industrial, construction, agriculture, oil and gas, energy, packaging, appliances, and more.

This person will work in a matrix environment within North America and Globally. This role is based on the Illinois and Indiana border and is on site 3-4 days a week. Relocation is required for non local candidates.

• Design, implement, and assess compensation programs, including salary structures, incentive plans, bonuses, long term incentive, and performance-driven pay.
• Conduct market analysis and benchmarking studies to ensure competitive compensation offerings.
• Lead job evaluations, grade profiling and compensation levels for all levels of employees
• Manage the annual salary review process, including merit-based increases and adjustments.
• Recommend cost-saving measures and performance improvements over compensation and benefits programs
• Contribute to negotiations with insurance providers and financial institutions, ensuring the administration of benefits programs meets organizational needs.
• Develop and manage employee benefits programs such as health insurance, retirement savings, wellness initiatives, and leave policies.
• Support the organization's commitment to Health and Safety throughout the employee life cycle.
• Foster relationships with benefits vendors and service providers, ensuring efficient delivery of services.
• Evaluate the impact of benefits programs, making recommendations for enhancements when necessary.
• Ensure that all benefits programs comply with relevant local, state, and federal regulations.
• Maintain and update compensation and benefits policies and procedures.
• Ensure that accurate records and reports are kept, in line with regulatory requirements.
• Stay informed about relevant labor laws, tax policies, and industry best practices to ensure compliance.
• Prepare and present reports on compensation and benefits strategies and metrics to senior leadership.
• Effectively communicate compensation and benefits programs to executives, addressing any questions or concerns.
• Provide training and guidance to sister companies on various compensation and benefits topics

• Bachelors degree in Human Resources, Business, or related
• 15 years of progressive Human Resources experience
• At least 5 years of experience leading compensation and benefits functions
• Strong leadership presence with excellent communication skills with he ability to work in a global matrix environment
• Solid problem-solving abilities.
• Strong analytical skills, with the ability to handle complex information into clear insights.
• Proven ability to manage multiple projects in a fast-paced, dynamic, and highly collaborative environment.
• Experience in b2b manufacturing preferred

What's on Offer

Competitive base salary $175,000 - $205,000, bonus 30%, LTIP (long term incentive), relocation package (if needed) full health benefits, 401K, vacation, holidays, working for a global leading Fortune 500