Company
With around 480 locations in over 40 countries, thyssenkrupp Materials Services is the biggest materials distributor and service provider in the western world. The broad service spectrum offered by the materials experts enables customers to focus on their individual core business. The area of Materials Services spans two strategic areas: global materials distribution as one-stop-shop - from steel and stainless steel, tubes and pipes, nonferrous metals and specialty materials to plastics and raw materials - and tailored services in the areas of materials management and supply chain management. An extensive omnichannel architecture offers 250,000 customers worldwide cross-channel, round-the-clock access to more than 150,000 products and services. A highly efficient logistics system ensures that all requested services are smoothly integrated into customer production processes "just-in-time" or "just-in-sequence".
thyssenkrupp Materials NA is a subsidiary of the internationally operating thyssenkrupp Group. Headquartered in Southfield, Michigan, thyssenkrupp Materials NA is a leading provider of production materials and integrated service solutions with almost 2,900 employees and more than 95 locations in North America. With annual sales of $2.9 billion, the company is focused on value-added processing and distribution of a full line of aluminum, stainless, copper, brass, specialty metals, steel, and plastics products. Supply chain management, transportation and logistics, and production support outsourcing solutions are among the many services provided to customers. Business units include Copper and Brass Sales, Engineered Plastics, Ken-Mac Metals, OnlineMetals, thyssenkrupp Steel Services, thyssenkrupp Supply Chain Services, and thyssenkrupp Materials de Mexico.
Your responsibilities
Job Summary
Manage the compensation process and function, philosophy, and framework for thyssenkrupp Materials NA.Job Description
Key Accountabilities:
Leads the development of tkMNA compensation philosophy and framework, partnering with the executive and HR teams
Main point of contact in organization for compensation support, questions and guidance
Acts as coach and advisor to drive compensation industry best practices
Manage current Job catalog - write job descriptions and maintain database of all job descriptions
Maintain salary ranges for tkMNA, performing benchmarking against external market surveys and internal parity, to determine appropriate job leveling
Evaluate and price new jobs utilizing salary surveys; provide direction for creation of new jobs in SAP Org Management to HR Operations
Continuously review compensation practices/processes and implement process improvements
Participate in global and regional salary surveys as required
Manage activity required for company LTI program - annual reporting of target compensation, reporting changes in personnel affecting stock rights, communication of stock issuance, annual processing of payments under program, quarterly reconciliation with Finance Design and prepare ad hoc compensation reports
Manage annual merit and bonus processes
Assist with administration of global graded bonus plans
Calculate annual Profit Sharing bonus & 401K/RRSP contribution, per plan design, and coordinate payments with the payroll team
Assist with internal/external audits for compliance in Wage and Hour, Minimum Wage, FLSA, Pay Equity and other applicable compensation topics
Requirements:
Minimum
3-5 years of previous related compensation experience, preferable in a compensation-specific role Related Bachelor's Degree (HR, Business, Data analytics, Mathematics etc.)
Prior experience with job pricing, market benchmarking, creation or maintenance of compensation structures In depth knowledge of FLSA, Wage and Hour, Pay Equity and other compensation related laws
Ability to be a self starter and prioritize tasks with minimal direction
Solid Project and Change management experience
Ability to handle highly sensitive data with confidentiality
Preferred
Experience with SuccessFactors Compensation Module, SAP, HCM user experience
Benefits Overview
We offer competitive company benefits to eligible positions, such as :
Medical, Dental, Vision Insurance
Life Insurance and Disability
Voluntary Wellness Programs
401(k) and RRSP programs with Company Match
Paid Vacation and Holidays
Tuition Reimbursement
And more!
Benefits may vary based on job, country, union role, and/or company segment. Please work with your recruiter or tk representative for applicable benefits information.
Disclaimer
This is to notify the general public that some individuals/entities are using the thyssenkrupp ("TK") name, trademark, domain name, and logo without authorization. They are posing as employees, representatives, or agents of TK and its associated/group companies. These individuals/entities are fraudulently offering jobs online through texts, websites, telephone calls, emails, or by issuing fake offer letters. They are also soliciting jobseekers to deposit money in certain bank accounts or providing jobseekers with fraudulent checks to obtain banking information.
TK does not ask, solicit, or accept any monies in any form from candidates, job applicants, or potential jobseekers, who have applied to or wish to apply to TK, whether online or otherwise as a pre-employment requirement. TK bears... For full info follow application link.
thyssenkrupp Materials NA Inc is an equal opportunity employer. Applicants will receive consideration for employment without regard to age, sex, race, color, religion, national origin, genetics, disability, gender identity, marital status, sexual orientation, veteran status or any other protected characteristic required by applicable law.
Applicants with disabilities who require reasonable accommodation in connection with the application process are encouraged to contact us at [email protected]
