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We got a new job details in Gentherm & they are Hiring Candidates for Compensation Specialist
Company Name : Gentherm
Company Location : 21680 Haggerty Rd Ste 101, Northville, MI 48167
Job Position : Compensation Specialist
Job Category : Jobs in Michigan
Job Description :
At Gentherm, we say, “It’s about the person.” We’re with you on a cold winter day when you turn on your heated seat and steering wheel or helping manage patient body temperature in the operating room, recovering room or intensive care units. We take a human approach with everything we do.
As the global leader in thermal management technologies we embrace the opportunity to create and deliver extraordinary thermal solutions that make meaningful differences in everyday life. We do this by improving health, wellness, comfort and energy efficiency.
We embrace an entrepreneurial spirit and combine that with our global leadership to deliver results. Working at Gentherm provides you the opportunity to not only shape the future of the automotive and medical industries, but also influence your career throughout the company. You will be engaged, challenged and inspired by our team to deliver leading thermal technologies that positively impact lives around the world.
IMPACT and OPPORTUNITY
Responsible for facilitating the research, design, analysis and administration of global compensation and benefit programs, policies, and procedures. Programs include base pay, bonus, equity, health and financial benefits, and executive compensation. Provide consultation to global HR teams through data and analytics. Act as a liaison between vendors and executives in dealing with complex and highly sensitive information. Partners with accounting/finance, legal, payroll, tax, human resources, and our various plan record-keepers to ensure proper administration and communications for these plans and programs.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
Lead the administration of the company equity plan (stock & bonus) including, but not limited to, stock transactions, stock awards, bonus calculations, participant communication and program education; coordination with Finance and Legal regarding data and processes.
Support benefit administration, including administering benefit enrollments, entering/auditing participant data across multiple benefit platforms, acting as a liaison between and delivering ongoing reporting and analytics
Maintain the organization’s global job structure, including partnering with HR Leaders to ensure structures remain up to date, and performing annual job structure audits
Lead the annual compensation cycle such as annual merit, stock awards, employee education and communications, etc. Research and analyze market data and trends to guide internal benchmarking for promotions, market adjustments, retention, and review increases.
Administer the Deferred Compensation Plan for executive participants, including, but not limited to, open enrollments, company contributions/calculations, coordinate FICA transactions, audit payroll deferrals, manage distributions process, employee communication and program education, maintain census data, coordination with Finance and Legal regarding data and processes.
Maintain data integrity across multiple systems and platforms to support compensation, benefits, and executive programs. Provide standard and ad-hoc reporting to global HR team member and senior management to support pay and benefit decisions.
Monitor compensation compliance regulations, including management benefits and Legal plan documents. May work with other departments and external vendors to ensure compliance and to provide data.
OTHER CORE FUNCTIONS
Support the creation of the Compensation Discussion & Analysis (CD&A) of the Proxy by providing calculations and data for the tables and narrative; assist with the CEO Pay Ratio reporting on an annual basis.
Support accounting preparation and close as it relates to executive compensation programs
Manage Stock Ownership Guidelines, which may include communications, reviewing executive status, and creating Compensation Committee presentations.
Prepare material and help conduct on-boarding meetings with management and executive employees upon hire or promotion to review management benefits.
Provide complex termination/retirement scenarios to management to determine impact on employee. Assist with managing severance plans and severance guidelines company-wide, partnering with Legal, HRBPs, and Finance.
Assist with compensation requests and special compensation and benefit projects.
Bachelor’s degree in business administration, or other related area of study
Minimum 4 years of relevant stock, compensation, benefits and/or executive program administration experience
Crisp and transparent business fluent English communication skills (written and verbal)
Strong executive presence and presentation skills
Leads by example with a high level of integrity
Works actively across boundaries in a matrix structure and creates shared ownership
Ability to flex, accept other perspectives and apply situational leadership
Curious, self-motivated. Is a skilled problem solver; works to understand the root cause of issues and develops sustainable solutions to overcome them
NICE TO KNOW
Understand the mission and output of your team; set SMART objectives and deliver
Focus on agility and commitment to continuous improvement; Understand and act on internal and external drivers of change
Foster a culture of learning and development; Support individual growth through continuous feedback to achieve personal and professional goals
Openly embrace, create, implement and support new and innovative ideas, processes and technology that deliver business results
PHYSICAL DEMANDS/WORK ENVIRONMENT
All positions in our office require interaction with people and technology while either standing or sitting. In order to best service our customers, internal and external, all associates must be able to communicate face-to-face and on the phone with or without reasonable accommodation. Gentherm is committed to compliance with its obligations under all applicable state and federal laws prohibiting employment discrimination. In keeping with this commitment, it attempts to reasonably accommodate applicants and employees in accordance with the requirements of the disability discrimination laws. It also invites individuals with disabilities to participate in a good faith, interactive process to identify reasonable accommodations that can be made without imposing an undue hardship.
Gentherm is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, genetic information, sexual orientation, gender identity, disability or protected veteran status.
Job Req ID: 8604
Location: Northville, MI, US, 48167
Published: Oct 12, 2022
Nearest Major Market: Detroit Job Segment: Payroll, Compliance, Surgery, Sustainability, ICU, Finance, Legal, Healthcare, Energy
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