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- Tasks: Lead compensation strategies and ensure alignment across global HR teams.
- Company: Join Leggett & Platt, a leader in innovative solutions and global collaboration.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Be part of a supportive team focused on continuous improvement and innovation.
- Why this job: Make a real impact on compensation practices in a dynamic global environment.
- Qualifications: 5-7 years of compensation experience and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Leggett & Platt, Incorporated, is seeking to hire a Compensation Manager to work with our Global Human Resources team. As the Compensation Manager at Leggett & Platt, this position will partner with HR teams to provide support on compensation and benefits related topics while ensuring regional and country compensation programs are aligned and consistently maintained within the global job and compensation framework.
Primary Responsibilities
- Serve as the main point of contact for consulting on compensation policies, programs, and procedures within Europe.
- Work closely with the compensation team to ensure the global compensation philosophy is consistently applied and executed across Business Units and region.
- Partner with HR to ensure consistent and standardized compensation practices are maintained throughout Business Units and region.
- Lead market research and conduct periodic reviews of the compensation framework, including evaluating and benchmarking jobs, providing recommendations for compensation and incentive levels, and reviewing overall market competitiveness.
- Support compensation regulatory reporting requirements for region (e.g. UK Gender Pay Gap, EU Pay Transparency Directive).
- Manage year-end compensation planning processes, including annual salary reviews and bonus/incentive calculations and payments.
- Work closely with other subject matter experts on global projects related to compensation and HR initiatives, including process improvement opportunities in supporting Leggett’s HR and business strategy.
- Assist the HR technology team in maintaining accurate employee and job information/data used for HR reporting and processes.
- Support HR technology implementations related to compensation policies and programs.
- Develop training materials and deliver education sessions to educate the broader HR team on compensation policies and initiatives.
- Provide support on benefits-related activities, including information collation, programme review, and alignment with global philosophy.
Requirements
- Advanced education/degree in Human Resources, Finance, Business, or a related field of study.
- At least 5-7 years of compensation experience, preferably in a medium-to-large global company.
- Strong working knowledge of HR and compensation related legislation, policies and practices within Europe.
- Deep understanding of job architecture, grading, levelling, and benchmarking processes.
- Proactive and self-driven with confidence in working with senior leaders and cross-functional teams.
- Strong analytical and leadership skills.
- Prior experience working with a Human Capital Management System (HCMS); SAP preferred.
Compensation Manager employer: Leggett & Platt, Inc.
Contact Detail:
Leggett & Platt, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the HR and compensation field. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by researching the company inside out. Understand their compensation philosophy and recent initiatives. We want you to show them that you’re not just another candidate; you’re the perfect fit for their team!
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience and how it aligns with the role of Compensation Manager. We suggest rehearsing with a friend or in front of a mirror to boost your confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Compensation Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compensation Manager role. Highlight your relevant experience in compensation policies and practices, especially within a global context. We want to see how your background aligns with our needs!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past roles that showcase your analytical abilities and leadership skills. We love seeing how you’ve made an impact in previous positions.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about compensation management and how you can contribute to our team. We appreciate a personal touch that reflects your enthusiasm for the role.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Leggett & Platt, Inc.
✨Know Your Compensation Stuff
Make sure you brush up on your knowledge of compensation policies and practices, especially those relevant to Europe. Familiarise yourself with the latest trends in compensation frameworks and be ready to discuss how you can apply them at Leggett & Platt.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past experiences where you've evaluated compensation frameworks or conducted market research. Bring examples that highlight your skills in benchmarking jobs and making data-driven recommendations.
✨Understand the Global Perspective
Since this role involves working with a global HR team, it’s crucial to understand how compensation practices vary across regions. Be ready to talk about how you would ensure consistency in compensation policies while respecting local regulations and cultural differences.
✨Engage with HR Technology
Familiarise yourself with Human Capital Management Systems, particularly SAP, as this is a key requirement. Be prepared to discuss how you’ve used technology in previous roles to manage compensation data and support HR initiatives effectively.