Compensation Manager jobs in United States
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Milwaukee Tool · 21 hours ago

Compensation Manager

Milwaukee Tool is a leading brand in the construction industry, known for its commitment to innovation and culture. The Compensation Manager will oversee compensation program execution for the Sales and Manufacturing/Distribution organizations, ensuring competitive and equitable pay practices while partnering with various teams to attract and retain top talent.

Consumer GoodsElectronicsIndustrialManufacturingSoftware
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Growth Opportunities

Responsibilities

Lead the strategy and execution of the semi-annual compensation planning process for hourly manufacturing and distribution employees, including design, communication, and delivery
Assist the Sales and Operations Talent Business Partners with the annual compensation planning process, focusing on calibration and audit support to ensure accuracy, internal equity, and pay for performance
Design and maintain salary structures and pay guidelines, including evaluating hourly wages scales for manufacturing/distribution sites, to ensure local market competitiveness and retention
Develop scenario modeling, salary structure alternatives, and cost analysis to address compensation concerns impacting talent attraction or retention and present recommendations
Perform more complex job evaluations, large-scale benchmarking studies and pay structure reviews, ensuring consistency and compliance
Execute and optimize compensation programs, incentives, and pay policies
Provide offer recommendations to Talent Acquisition that balance internal equity and external competitiveness, including guidance on appropriate levels and trade-offs
Maintain and regularly evaluate effectiveness of cost of living / cost of labor programs
Revamp compensation structures to align with talent objectives as needed
Collaborate with internal Talent teams to optimize Workday functionality for compensation processes, driving efficiency and accuracy
Oversee pay compliance strategy for assigned areas, partnering with compliance to develop frameworks to assess regulatory risk and implement corrective actions
Develop and present compensation reports to inform business decisions and identify trends
Ensure adherence to pay equity standards and regulatory requirements
Provide guidance and mentorship to compensation analysts to strengthen capability
Provide guidance and training to Talent Business Partners and managers on compensation programs, policies, and practices
Model transparency and resilience during change management moments, fostering trust and alignment across stakeholders

Qualification

Compensation principlesSalary structuresMarket analysisMicrosoft ExcelWorkday HCMAnalytical skillsCommunication skillsCollaboration

Required

5–7 years of progressive compensation experience, including program ownership
Bachelor's degree in Human Resources, Business, or related field
Expertise in compensation principles, salary structures, market analysis, and incentive structures
Advanced proficiency in Microsoft Excel and experience with compensation survey and planning tools
Ability to communicate complex concepts clearly and influence decisions across diverse stakeholders
Collaborative mindset with proven success partnering across HR, Finance, and business teams to achieve shared outcomes
Ability to manage multiple priorities in a fast-paced environment and adapt to changing business needs
Strong business acumen and analytical skills, with a focus on insight-driven recommendations

Preferred

Compensation experience supporting a multi-site manufacturing company or experience supporting sales organizations preferred
Experience evaluating and revamping wage scales for hourly roles
Workday HCM and Payfactors experience is a plus

Benefits

Robust health, dental and vision insurance plans
Generous 401 (K) savings plan
Education assistance
On-site wellness, fitness center, food, and coffee service
And many more, check out our benefits site HERE

Company

Milwaukee Tool

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Milwaukee Tool manufactures electric power tools and accessories.

Funding

Current Stage
Late Stage

Leadership Team

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Rolando Lopez
Senior Engineering Manager
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Company data provided by crunchbase