Senior Manager, Compensation

Job Description:

• Report directly to the Senior Director, Compensation, Commercial, Marketing & Product
• Lead compensation strategy and execution for Commercial, Marketing, and Product organizations in North America
• Design, administer, implement, and govern sales incentive plans
• Provide compensation expertise across base pay, market pricing, job architecture, annual compensation planning, and compensation policies and programs
• Partner with HR leaders, business executives, Finance, Sales Operations, and other stakeholders
• Consult on variable compensation program design, administration, implementation, and evaluation
• Lead sales incentive plan design and governance, including performance measures, pay mix, payout structures, and plan documentation
• Model incentive costs and payout scenarios and assess attainment and payout distributions
• Serve as a compensation subject matter expert on sales incentive plans, job grading, market pricing, internal equity, job evaluations, compensation structures, and annual compensation planning
• Collaborate on sales incentive plan enhancements, global job architecture, market assessments, and pay analyses
• Implement, educate, communicate, and administer enterprise-wide compensation programs
• Monitor plan performance and collect, analyze, and summarize compensation information for statutory, regulatory, and organizational requirements
• Support development and modification of compensation plans, programs, and policies
• Ensure compensation data in HR systems is accurate and adequate
• Provide analytical support through economic and cost-impact models for merit budgets, variable compensation guidelines, incentive plan modeling, job family structures, grades, pay lines, and broad bands
• Analyze potential retention risks and devise solutions to business problems
• Define process improvement and best-practice opportunities
• Perform other duties as assigned

Requirements:

• Bachelor’s degree in Human Resources, Business, Finance, Accounting, Economics, or a related field required
• Certified Compensation Professional (CCP) or Certified Sales Compensation Professional (CSCP) designation preferred
• 8+ years of relevant experience in Compensation
• Strong experience designing, implementing, and administering sales incentive plans and variable compensation programs
• Broad-based compensation experience, including market pricing, job evaluation, compensation structures, and annual compensation planning
• B2B and B2C experience
• Experience using Workday preferred
• Effective decision-making and critical thinking skills
• Ability to manage and influence key stakeholders
• Ability to collaborate, consult, and partner with HR and business leaders
• Strong project management, change management, and communication skills
• Exceptional organizational skills with strong attention to detail, follow-up, and problem resolution
• Ability to maintain a high level of confidentiality
• Not eligible for visa sponsorship (H1B, OPT/CPT, TN etc.)

Benefits:

• Medical, dental, life, vision, and disability insurance
• 401(k)
• Employee Stock Purchase Plan
• Paid time off, including paid vacation, holidays, and personal days
• Tuition reimbursement
• Wellness program
• Discounts on Stanley Black & Decker tools, products, and partner programs
• Career growth and development opportunities
• Digital learning portal, Lean Academy, and online university
• Certificates and specializations from renowned colleges and universities
• Volunteerism, giving back, and sustainable business practices