Compensation Manager

Position Summary

The Compensation Manager is a key member of the Total Rewards leadership team responsible for advancing the organization's compensation strategy, programs, and governance framework. This role leads the design, implementation, and continuous improvement of global compensation programs that support business objectives, attract and retain talent, reinforce a performance-driven culture, and ensure market competitiveness.

Serving as a trusted advisor to Global HR and Business leaders, this role provides strategic consultation on pay decisions, job architecture, incentive design, workforce planning, and organizational effectiveness. The role leverages data, market intelligence, and analytics to influence decision-making, drive pay equity and transparency initiatives, and ensure alignment with the company's Total Rewards philosophy and global talent strategy.

This is a hybrid role with the requirement of working onsite at our Mentor, OH Corporate HQ, 2 days per week (Tue+Thur). Requires the ability and willingness to be in the office more as needed.

What you will do as Compensation Manager

• Partner with Total Rewards leadership to develop and execute global compensation strategies that support business objectives, talent priorities, and organizational growth.
• Lead compensation governance, ensuring consistent application of pay programs, policies, and decision-making frameworks across the enterprise.
• Serve as a trusted advisor to HR and business leaders on workforce planning, pay decisions, organizational design, promotions, and retention strategies.
• Design, administer, and continuously improve base pay, incentive, executive compensation, and recognition programs.
• Manage annual compensation processes, including merit planning, salary structure management, incentive funding, and budgeting.
• Direct market pricing, competitive benchmarking, and compensation analytics to inform strategic workforce and investment decisions.
• Ensure compliance with compensation regulations while advancing pay equity, pay transparency, and risk mitigation initiatives.
• Drive continuous improvement of compensation policies and programs to enhance effectiveness, scalability, and employee experience.
• Support global compensation programs, mobility processes, and job architecture frameworks to drive consistency, scalability, and career growth.

Education Requirement

The Experience, Skills and Abilities Needed

Required:

• Minimum 7 years of experience in Total Rewards, Compensation, HR or related field, including exposure to compensation principles and practices.
• Microsoft skills include Excel, Word, Access, PowerPoint, Outlook
• Advanced spreadsheet and database capabilities required

Preferred:

• Long-term incentice, executive compensation experience a plus
• Experience working for a global organization, pay equity and EU pay directive experience a plus
• Experience managing enterprise recognition platforms and designing and administering incentive plans is a plus

Skills:

• Collaborate – builds partnerships and works collaboratively with others to meet shared objectives
• Communicate effectively – develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences
• Manage complexity – making sense of complex, high quantity and sometimes contradictory information to effectively solve problmes
• Demonstrate self-awareness - using a combination of feedback and reflection to gain productive insight into personal strengths and weaknesses
• Facilitation – guides group discussion by creating an active environment where questions are posed, perspectives are shared and debates occur with the goal of gaining understanding, analyzing issues, resolving conflict, exploring solutions, or making decisions
• Customer Focused – dedicated to meeting the expectations of internal customers; establish and maintain effective relationships with customers and gain their trust and respect
• Functional/technical skills – has the functional and technical knowledge and skills to do the job at a high level of accomplishment
• Manage ambiguity – ability to manage ambiguity, inform and influence while working with others in a collaborative team environment
• Presentation Skills – effective in a variety of settings including one-on-one, small and large groups, peers and direct reports

What STERIS Offers