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Director, Compensation Job


Location: 

King of Prussia, PA, United States

Employment Type:  Regular
Category:  Human Resources
Posting Date:  Jun 21, 2022

Director, Compensation (North America)

 

Situation in Organization

Reports directly to the Sr Director Compensation, Benefits and M&A. Position has 2 direct reports (Sr Compensation Analyst and Compensation Analyst II) and 1 shared resource (Manager HR and Compensation).

 

Job Dimensions

Responsible for the design, implementation and ongoing evaluation of Arkema Inc’s compensation programs for the US, Mexico and Canada. Works with executive management to ensure compensation programs and policies support business strategy, cost philosophy and long-term objectives, as well as being legally compliant. Supports all compensation initiatives launched by Corporate (Arkema France). Acts as a consultant to HR Brazil.

 

Key Activities and Responsibilities

 

Compensation Program Design & Administration (80-95%)

  • Act as change agent; on-going harmonization and improvement of Compensation practices across entities/regions and due to M&A activity, reconcile divergent methodologies for job levelling (Hay vs Market), embrace global work environment.
  • Oversees the data gathering and merit budget recommendations to Corporate for regions currently supported by Arkema Inc. (US, Mexico, Canada, Brazil, Argentina and Colombia).
  • Manages the design, planning and ongoing delivery of annual enterprise-wide compensation programs via Success Factors (North America application). These include base pay/merit increases (and supporting statements), annual incentive calculations and payments (and supporting statements) and communication of each year’s incentive design (via on-line view). Responsible for related activities, including training and supporting program documentation, as well as the presentation of North America outcomes and cost to Arkema Inc. CEO. via reports and approval meetings.
  • Designs the AIPs (Annual Incentive Plans (3) for Corporate, Business and Manufacturing) with Arkema Inc. executive management and Arkema HR leadership in France. Communicates plans to Arkema Inc. executive team.
  • Supervises the design, communication and administration of the Sales Incentive Plan, which spans all Arkema Inc. business units.
  • Partners on the annual Executive Total Reward process, including collaboration with Arkema Inc. and Arkema France leadership.
  • Reviews job evaluations (market pricings), job ladders, market studies, and equity analyses performed by Compensation staff. Makes recommendations for process improvements surrounding internal practices, while maintaining compliance requirements.
  • Collaborates with Arkema France for the annual granting of Restricted Stock by Arkema Inc. leadership.
  • Supports due diligence and/or post acquisition activities as required, merging diverse compensation programs and policies.
  • Acts as compensation matter expert for HR Generalists and business management to assess business or organizational need and provide advice.
  • Collaborates with Legal, Finance and other stakeholders as needed.

 

 

Global Compensation Systems and Projects (5-15%)

  • Act as Compensation leader as part of global HR/Compensation team in framing and implementing global compensation processes and projects.
  • Oversees the evaluation and implementation of new technological solutions that increase the efficiency of compensation processes.

 

 

Global Mobility (5-15%)

  • Serves as Compensation expert for expatriate moves into the US; also serves as contact for tax vendor (PWC) and HR point person for the reconciliation and collection of US tax repayment by expats. Contact for Accounting for invoicing and related expat charges.

 

Context and Environment

  • Minimal travel
  • Operates in an environment of time sensitive business cycles and need to adhere to critical deadlines.
  • Supports the site HES policy and complies with all regulatory and internal requirements.
  • Participate in HES and DEI activities provided by site management and Arkema Inc. (e.g., Behavior Based Safety, SafeStart, etc)
  • Supports and promotes the reporting of all health, safety, environmental, near miss, accident or injury incidents.

 

Required Education/Qualifications /Work Experience

  • Bachelor’s degree in Business, Finance or related field or equivalent experience: and advanced degree (Master’s/MBA or CCP designation) is highly desirable.
  • Requires 10+years of compensation design, administration and implementation experience, with a minimum of 3 years in a supervisory/managerial capacity.
  • Deep and comprehensive knowledge of retention/project bonuses, base pay, short-term incentive design and long-term incentive devices/programs required.
  • Current knowledge of Compensation laws and regulations required.
  • North American compensation knowledge and experience working and partnering in a global organization a plus.
  • Experience in working with global mobility programs, especially taxes, desired.
  • Strong Excel skills, experience with HRIS and ERP systems required; SAP and Success Factors experience preferred.

 

Demonstrated Competencies

  • Strong leadership skills and excellent interdepartmental collaboration skills. Builds a climate of trust and respect and maintains confidentiality.
  • Strong communication skills (written and oral); ability to communicate complex information across various forums and oscillating well between high-level and detailed information.
  • Strong project management skills including the ability to lead and manage multiple large projects simultaneously.
  • Influence, negotiation and consultative skills required. Able to engage and influence senior leadership in various groups by gaining appropriate feedback and support and by managing expectations.
  • Displays accountability and delivers results – Evaluates risk and priority of demands and situations, prioritizes and manages responsibilities well with varying demands and scenarios.
  • Demonstrates broad organizational perspective and is able to establish credibility as a key business partner.
  • Solves problems creatively, while adhering to compliance and regulatory concerns, providing leadership in assessing areas of risk and/or reward, then driving team toward continuous improvement.
  • Holds self and others accountable, maintaining high expectations for self and driving team toward the same. Conveys expectations clearly and coaches for continuous improvement.
  • Exercises sound judgement, evaluating demands of key stakeholders and appropriately prioritizing for self and team. Identifies drivers and risks to assist management in decision making.
  • Builds strong talent and teams, actively developing talent. Sets goals and trains/coaches/mentors team members and others in alignment with objectives and goals.

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into three complementary, resilient and highly innovative segments dedicated to Specialty Materials - Adhesive Solutions, Advanced Materials, and Coating Solutions - accounting for some 80% of Group sales, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of €9.5 billion ($10.6 billion) in 2021, and operates in 55 countries with 20,500 employees worldwide.

The diversity of its employees is an asset that the Arkema group wants to preserve. Its non-discrimination policy applies to recruitment, salary levels and career management. The Arkema group is committed to ensuring diversity among its employees.

Arkema Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Arkema Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence.


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