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Progress Rail, A Caterpillar Company · 3 days ago

Compensation Manager, Corporate HR

Albertville, AL

Full-time

Onsite

Mid, Senior Level

$77K/yr - $140K/yr

5+ years exp

Progress Rail, A Caterpillar Company, is a leading provider of railroad products and services. The Compensation Manager is responsible for designing and managing compensation programs to attract and retain talent while ensuring alignment with company philosophy.

Machinery ManufacturingManufacturingRecycling

Responsibilities

Manage compensation programs including base salary structures, short term incentive plans (STIP) and Equity plans

Manage the compensation team to accomplish compensation tasks in an efficient and timely manner

Partner with the Talent Acquisition, Benefits, Finance and local HR teams to ensure alignment to company strategy, budget, and workforce planning

Conduct market benchmarking and compensation surveys to maintain competitive and equitable compensation practices

Oversee the job architecture framework to ensure career path visibility

In collaboration with Compliance, Legal and local HR teams monitor and implement compensation-related regulatory and pay transparency requirements

Administer the company severance program

Oversee the coordination between Payroll and Service Center teams to ensure seamless data integration and reporting

Lead the annual Performance Review process

Lead the annual compensation planning cycle including merit, STIP and equity

Provide compensation analysis and reporting including market data, pay equity and workforce trends

Forecast compensation-related issues to avoid turnover and employee dissatisfaction

Educate, advise and provide guidance to HR and managers on compensation-related decisions

Manage vendors and compensation systems

Other duties as assigned by Manager

Qualification

Compensation managementMarket benchmarkingHR leadershipAnalytical skillsHR CertificationSound judgementGlobal experienceInterpersonal skillsCommunication skillsConfidentiality

Required

Bachelor's Degree Business, Human Resources or related field of study

A minimum of 5+ years of experience in an HR leadership and Compensation role

Knowledge of benefit practices. Global experience is a plus

Strong analytical skills, with the ability to analyze market data and make informed decisions

Strong interpersonal and communication skills with the ability to work with individuals at all levels

Sound judgement and confidentiality

Preferred

HR Certification such as CCP preferred

Benefits

401(k) plan with up to 6% company match (no waiting period with immediate vesting)

Medical/Dental/Vision/Life/Disability Insurance

Supplemental Accident, Critical Care, and Hospital Insurance available along with an HDHP and HSA with seed money

Flexible Spending Accounts

Paid Vacation

Paid Holidays

Paid Time-Off (PTO)

Employee Assistance Plan

Education Assistance Program

Employee Recognition Programs

Site specific Production and Incentive Plans

Site specific Step and Skill Level Wage Adjustment Plans

Site Specific Relocation and Sign-on Bonus Programs

Company

Progress Rail, A Caterpillar Company

Glassdoor3.5

Our team creates lifelong customer relationships, supplying comprehensive rolling stock and infrastructure solutions for the global rail industry and setting the standard for excellence.

Founded in 1983

Albertville, Alabama, USA

5001-10000 employees