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Director of Compensation and Benefits

Lake Zurich, Illinois 60047

Post Date: 03/23/2018 Job ID: 1563 Job Category: HR: Compensation

Our Client currently has an opportunity for a Director of Compensation and Benefits responsible for designing, developing and implementing efficient and effective compensation and benefit programs to meet current and future business needs and maintain a competitive advantage for the business as a whole. 

Job Responsibilities:
  • Analyze the effectiveness of existing compensation policies, guidelines, and procedures, recommending plan revisions, as well as new plans which are cost effective and consistent with compensation trends and corporate objectives; drives implementation and provides guidance to Sr. Executives, Management and HR staff.
  • Partner closely with company business leaders on a variety of compensation and benefit matters, including those related to the Company' s expansion initiatives.
  • Be on the forefront of evolving practices related to all aspects of Total Rewards; provide expert counsel and guidance to senior management on programs that are competitive in the industry and frequently benchmark best practices.
  • Ensure that all aspects of plan design and administration remains in compliance with applicable Federal, State and Local rules and regulations.
  • Provide recommendations to Sr. Executives, Management and HR staff on pay decisions, policy and guidelines interpretation and job evaluation, including the design of creative solutions to specific compensation-related programs.
  • Manage the administration of direct compensation (executive, exempt and nonexempt, cash compensation programs) including the processing, recording and reporting of compensation-related actions taken on salaried employees.
  • Direct the participation in market relevant exempt and nonexempt salary surveys to ensure corporate compensation objectives are achieved.
  • Manage the merit and bonus processes and makes program design recommendations based on relevant market data as defined by company compensation philosophy.
  • Research, analyze and recommend modifications to existing benefits plans to improve services to employees in a cost effective manner.
  • Oversee benefit plan contract negotiation meetings with vendors.
  • Recommend and help implement enhancements to benefits and compensation modules in the HRIS.
  • Partner with our corporate communications team as it relates to employee benefit communications.
  • Partner with our FK Global HR colleagues to implement global strategies and requirements. 

Qualifications/ Requirements:
  • Bachelor’ s degree; Masters preferred; Professional Certification desired
  • 7-10 years of management experience in compensation and benefits
  • Knowledge of HRIS and payroll systems
  • Advanced skills in Microsoft Excel and Word
  • Excellent verbal and written communication skills
  • Ability to communicate effectively with all levels of the organization

Julie Monti
Senior Recruiter

Julie brings nearly 20 years of experience to her role as Senior Recruiter for The Steely Group. Throughout her career, she has built lasting relationships and strong partnerships while helping companies build successful teams. Julie is known for her sharp wit, easy smile, sense of humor and genuine interest in people.
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