Compensation Manager

nVent · Minneapolis–Saint Paul, MN

Company

nVent

Location

Minneapolis–Saint Paul, MN

Type

Full Time

Job Description

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

In this position, you will get to:

· Perform an essential global compensation partner role, providing high-quality internal customer support and ensuring nVent’s pay programs support the business’ needs and priorities

· Lead complex global or regional competitive projects and collaboratively develop innovative solutions for compensation-related challenges

· Drive performance-driven and competitive pay through advanced reporting, comparative analyses, presentations, and other decision-making tools

· Build relationships and rapport with HR colleagues, business leaders, and multiple cross-functional partners using strong technical, communication, and collaboration skills

· Guide job evaluations and pay-related decisions through development and deployment of standard compensation plans, tools, and guidelines

· Develop and deliver presentations and training on compensation programs, processes and data to multiple audiences

· Support mergers & acquisitions (M&A) as well as reorganization activities, as required

· Ensure ongoing compliance with compensation guidelines as well as legal and statutory requirements, globally

YOU HAVE:

o Bachelor's degree in Human Resources, Finance, business or other related field

o MBA or Master’s degree in Finance or Human Resources a plus

o Certified Compensation Professional (CCP) certification a plus

· Previous experience in or with:

o 7+ years of professional experience preferred

o Analyzing compensation programs (base pay, allowances, total target cash, etc.) for effectiveness and market competitiveness

o Complex analytics and market benchmarking

o Broad Based Compensation or Human Resources experience

o Facilitating annual compensation planning processes

o Human Resources (HR) systems configuration and reporting, Workday preferred

o Manufacturing experience or experience with hourly production compensation a plus

o Global compensation experience a plus

o Executive presence a plus

· Skills / abilities:

o Proficient with Microsoft Office suite of tools especially Excel, PowerPoint as well as Microsoft Teams

§ Advanced Microsoft Excel and analytical skills

§ Intermediate or Advanced Microsoft Word and PowerPoint

§ Intermediate or Advanced HRIS systems experience, Workday preferred

WE HAVE:

  • A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day
    • At nVent, we believe safer systems ensure a more secure world. We connect and protect our customers with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions for mission-critical equipment, buildings and essential processes. Our solutions are helping build a more sustainable and electrified world.
    • We are a $3.3B company with a dedicated team of more than 11,000 employees around the globe. Our comprehensive portfolio of enclosures, electrical and fastening, and thermal management solutions dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, RAYCHEM and SCHROFF.
  • Commitment to strengthen communities where our employees live and work
    • We encourage and support the philanthropic activities of our employees worldwide
    • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money
  • Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:
    • Innovative & adaptable
    • Dedicated to absolute integrity
    • Focused on the customer first
    • Respectful and team oriented
    • Optimistic and energizing
    • Accountable for performance
  • Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.

#LI-JT1
#LI-Hybrid

Apply Now

Date Posted

09/22/2024

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