Senior Director of Compensation in Hoffman Estates, IL at Sears Holdings Corporation

Date Posted: 6/20/2019

Job Snapshot

  • Employee Type:
  • Location:
    3333 Beverly Road
    Hoffman Estates, IL
  • Date Posted:
  • Job ID:

Job Description

Req/Job ID: 975416BR
Employing Entity: Transform SR LLC
Employment Category: Regular, Full-time
Job Function: Human Resources
Store ID: 58491: Sears Holdings Management Corp

The Senior Director of Compensation provides compensation program management including conducting job evaluations and market pricing for executive offers and internal promotions, covering executive, salaried, and hourly roles. This position provides recommendations for competitive compensation packages and manages short-term and long-term incentive programs. Additionally, this role provides technical and financial support on various compensation projects requiring finance and compensation knowledge. This position provides leadership on projects and is responsible for developing compensation related recommendations and programs that maintain consistency and administrative simplicity. This position also analyzes support center resource allocation and executes action plans against identified opportunities. This position effectively manages the relationship between Corporate Financial Planning and Analysis, Business Unit CFOs/CEOs and Human Resources responsibilities related to Compensation.

Job Requirements

  • Manages the short and long term variable incentive program design, communication, administration and reporting, benefits monthly reporting, vendor payment, and modeling related to Transformco programs.
  • Uses knowledge of business strategies and competitive compensation/benefits practices to develop solutions, detailed implementation plans and financial impact to respective stakeholders.
  • Conducts market pricing, analyzes executive pay program for effectiveness, and develops total compensation packages for executive offers and promotions.
  • Tracks, prepares, and plans items for presentation to the Office of the CEO and Board of Directors governance structures in collaboration with Legal and Finance as needed.
  • Manages Long Term and Short Term Incentive Plan program, communication, modeling, and goal assignments for participants.
  • Provides internal customers, primarily HR leaders, with compensation solutions for variety of executive compensation issues
  • Performs supervisory functions, including but not limited to, making employment decisions regarding hiring, promoting, demoting and terminating, conducting performance appraisals and coaching and developing associates

  • Bachelor's degree in HR or Finance, MBA preferred
  • Certified Compensation Professional (CCP)
  • Certified Public Accountant (CPA)
  • 10-15 years of professional experience in compensation including executive, equity and sales plans. Significant financial acumen.
  • 5+ years of management in either a Director or Sr. Managerial capacity
  • Effective communication skills and capable of presenting to senior leadership
  • Knowledge of Generally Accepted Accounting Principles (GAAP) and appropriate application
  • Knowledge of variable compensation plans, compensation strategy
  • Advanced Excel capabilities (writing macros, etc.)
  • Knowledge of executive compensation including annual, long-term incentives and equity programs
  • Detail oriented with keen sense of accuracy, particularly in high pressure situations
  • Understanding of executive compensation regulations
  • Knowledge of sales compensation & incentive programs