Compensation Manager
- Military veterans preferred
2025-06-03 ASC Engineered Solutions
Other
/yr
employee
contract
Oak Brook Illinois 60523 United States
Position Title: Compensation Manager Department: Human Resources & Recruiting Employment Type Full Time Location: Oak Brook, IL Workplace Type: Hybrid Reporting To: Peter Hanson Compensation: $110,000 - $150,000 / year
Compensation Manager
ASC Engineered Solutions is seeking a detail-oriented, analytical, and collaborative Compensation Manager to join our Total Rewards team. In this role, you will be responsible for managing and executing the organization’s compensation strategy and programs, ensuring competitiveness, equity, and compliance across all levels and functions.
The ideal candidate will bring deep expertise in compensation principles, strong analytical capabilities, and a consultative approach to partnering with HR and business leaders across the enterprise. This is a high-impact role that supports the full compensation lifecycle, including base pay, variable pay, job evaluation, benchmarking, annual review cycles, and compensation tools and systems.
How You Will Help:
Compensation Strategy & Program Management
Administer and support the organization’s compensation programs, including base salary structures, incentive plans, and recognition programs.
Ensure compensation programs support business objectives and drive employee engagement, retention, and performance.
Participate in the design and continuous improvement of compensation frameworks and policies across the organization.
Job Evaluation & Benchmarking
Conduct job analysis and evaluations to ensure internal equity and external competitiveness.
Manage benchmarking processes using market surveys and industry data (e.g., Radford, Mercer, Willis Towers Watson).
Maintain the integrity of job architecture, leveling, and titling across departments.
Annual Compensation Planning
Lead or support annual compensation review cycles, including merit increases, bonus calculations, and equity planning (if applicable).
Collaborate with HR Business Partners and Finance to ensure accurate budgeting and alignment with pay-for-performance principles.
Provide tools, communications, and training to HR and people managers for compensation planning processes.
Compliance & Reporting
Ensure compensation practices comply with federal, state, and local regulations (e.g., FLSA, pay transparency laws, pay equity).
Prepare compensation reports, dashboards, and analytics to inform decision-making and track key compensation metrics.
Support audits, reporting, and filings related to pay equity and regulatory requirements.
Stakeholder Collaboration
Partner with HR Business Partners and Talent Management to align compensation strategies with talent development and retention goals.
Serve as a subject matter expert and advisor to leaders on compensation-related decisions and complex cases.
Collaborate cross-functionally with Finance, Legal, and HRIS teams to ensure consistency, alignment, and job description integrity.
Work alongside HRIS team to ensure Human Capital Management system is correctly coded and functioning properly.
What You Will Bring:
Bachelor’s degree in Human Resources, Finance, Business, or a related field (Master’s or MBA a plus).
5–8 years of progressive experience in compensation, preferably in a large or matrixed organization.
Deep knowledge of compensation practices, job evaluation methodologies, and market pricing tools.
Experience with incentive plan design required.
Experience managing annual compensation planning cycles and implementing compensation technologies
Strong analytical skills and proficiency in Excel
Excellent interpersonal, written, and verbal communication skills.
Experience with Human Capital Management systems.
Compensation:
The base salary range for this position is $110,00.00 - $150,000.00 USD annually.
*The salary range for this position reflects a reasonable estimate of the range of compensation for this role. ASC Engineered Solutions’ philosophy on compensation is based on careful consideration of additional factors such as (but not limited to) an individual’s education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations.
About ASC Engineered Solutions
Following the 2019 merger of Anvil International and Smith-Cooper International, the unified company relaunched in March 2021 as ASC Engineered Solutions. Under a single name and logo, ASC Engineered Solutions continues our focus on improving the customer experience every day and striving to deliver service excellence.
The evolved ASC Engineered Solutions brand reinforces a focus on what matters most to customers: quality. As a solutions provider, this quality is reflected in our precision-engineered products, support and knowledge. Our organization is a dependable strategic partner focused on its customers’ success.
Equal employment opportunity, including veterans and individuals with disabilities.