Compensation Partner (Piscataway, NJ)

Posted Yesterday
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Piscataway, NJ, USA
In-Office
113K-167K Annually
Senior level
3D Printing • Chemical
The Role
Administer and improve compensation programs across the U.S., Canada, Costa Rica, and Mexico. Manage salary planning, incentive programs, merit and bonus processes, job evaluations, benchmarking, salary structures, and compensation reporting. Advise HR partners and business leaders, ensure wage-and-hour compliance, support Workday compensation processes, harmonize global pay practices, and lead compensation projects and change initiatives.
Summary Generated by Built In

Compensation Partner (Piscataway, NJ)

Evonik Corporation is seeking a Compensation Partner (Piscataway, NJ) to administer compensation programs that support the strategic goals of the organization. Administer the annual salary planning and short-term and long-term incentive programs. Lead and participate in projects affecting broad-based compensation programs, processes, and systems in the U.S., Canada, Costa Rica, and Mexico. Conduct competitive compensation assessments for base and variable pay by participating in salary surveys and analyzing the results. Conduct job evaluations on new and revised positions utilizing market data and job evaluation techniques (Korn Ferry Hay methodology and slotting) to ensure internal equity, external competitiveness, and FLSA compliance. Serve as an advisor to HR Business Partners and Business Leaders regarding compensation related issues. Analyze the effectiveness of compensation programs and recommend improvements. Provide guidance and advice on all wage and hour and other regularly requirements affecting compensation. Manage the annual compensation planning process. Present salary grade and total pay recommendations based on market research and internal analysis. Prepare compensation reports, communications, and analysis documentation for all compensation special projects and assignments. Play a key role in the harmonization of pay practices and processes across the business units and drive other significant change initiatives in support of the newly reorganized department. Create and maintain alignment with the Global compensation function in Germany. Develop own capabilities by participating in assessment and development activities as well as training and coaching and gain or maintain external professional accreditation where relevant to improve performance and fulfill personal potential. Maintain an in-depth understanding of compensation-related technology, external regulations, and industry best practices. Contribute to the drafting/creation of HR frameworks and tools within the compensation area and ensure compliance with specified design principles, internal policies, and external legal requirements. Promote and maintain the principles and responsibilities related to Responsible Care within assigned areas of responsibility and as defined in the RC 14001 management system. Local telecommuting permitted up to 3 days per week. Up to 5% domestic travel and 5% international travel required.

JOB REQUIREMENTS:

Requires a Bachelor’s degree in Human Resources, Finance, Business Administration, or a related field and 5 years of broad-based compensation experience. Must have experience with: Designing sales incentive and variable pay programs; Leading compensation projects working with Human Resource Business Partners and key business stakeholders; Using Advanced Excel, Word, PowerPoint, and HRIT systems to include experience with Workday, Workday Advanced Compensation module, rollouts of Workday modules, and ADP; Completing compensation surveys, job matching, and working with external benchmarking vendors and databases; Performing analysis of benchmarking data and developing recommendations to salary structures and budgets based on data; Korn Ferry Hay methodology for grading/evaluating positions; Handling and administering country merit and bonus processes; Costa Rica compensation practices; Working independently in a fast-paced environment while effectively managing multiple priorities in multiple countries; Maintaining high levels of confidentiality; and Working in both a regional and global team setting.

THIS POSITION IS ELIGIBLE FOR EMPLOYEE REFERRAL PROGRAM

SALARY: $112,611-$166,500 per year.

QUALIFIED APPLICANTS: Apply at https://careers.evonik.com/en/, “job search” code R51868.

Your Application
 

To ensure that your application is proceeded as quickly as possible and to protect the environment, please apply online via our careers portal. Further information about Evonik as Employer can be found at www.evonik.com/en/careers.html

Please address your application to the Talent Acquisition Manager, stating your earliest possible starting date and your salary expectations.

Your Talent Acquisition Manager:

Tammy Roden

Company is

Evonik Corporation

Skills Required

  • Bachelor's degree in Human Resources, Finance, Business Administration, or a related field
  • Five years of broad-based compensation experience
  • Experience designing sales incentive and variable pay programs
  • Experience leading compensation projects with HR Business Partners and key stakeholders
  • Experience using Advanced Excel, Word, PowerPoint, HRIT systems, Workday, Workday Advanced Compensation, Workday module rollouts, and ADP
  • Experience completing compensation surveys, job matching, and working with external benchmarking vendors and databases
  • Experience analyzing benchmarking data and developing salary structure and budget recommendations
  • Experience using Korn Ferry Hay methodology for grading and evaluating positions
  • Experience handling and administering country merit and bonus processes
  • Experience with Costa Rica compensation practices
  • Ability to work independently in a fast-paced environment while managing multiple priorities across countries
  • Ability to maintain high levels of confidentiality
  • Experience working in regional and global team settings

Evonik Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Evonik and has not been reviewed or approved by Evonik.

  • Healthcare Strength The U.S. package consistently includes medical, dental, and vision coverage, supported by HSA/FSA and an Employee Assistance Program. Benefits information highlights robust health coverage alongside base pay.
  • Retirement Support Retirement offerings include a 401(k) and references to legacy pension and retiree medical for eligible groups, indicating depth beyond a basic plan. Company materials and postings emphasize retirement support as part of a comprehensive package.
  • Leave & Time Off Breadth Paid time off, paid holidays, and parental leave are listed across recent U.S. postings. These time‑off programs appear as core elements of the package.

Evonik Insights

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The Company
HQ: Essen
13,812 Employees
Year Founded: 2007

What We Do

Evonik is one of the world’s leading specialty chemicals companies. While we don’t produce electric cars, aircraft, medications or 3D printers, Evonik is part and parcel of these and many other end products. That’s because we contribute the small things that make a big difference. We make electric car batteries perform better, aircraft greener, medications more effective and 3D printers more efficient. In short: We think beyond the bounds of chemistry to make the world a better place. Today and tomorrow. We are an international group with a workforce of over 32,000 people spread across more than one hundred locations. Our daily work is shaped by global concerns, such as sustainability, diversity and digitalization. In all our business decisions, we take the present and future generations into consideration. After all, being ready for tomorrow is our business. Interested in joining our global team? Our wide range of opportunities extends from creative and innovative research through international management all the way to production. Whether you’re studying, starting out in your career or a seasoned professional, come help us make the world a better place. For more information about careers at Evonik, go to: www.careers.evonik.com. #HumanChemistry Find our netiquette on: www.evonik.com/netiquette

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