Manager - Compensation

Posted 14 Hours Ago
Be an Early Applicant
Madison, WI
5-7 Years Experience
Energy
The Role
The Manager of Compensation will lead the development and administration of compensation programs, ensuring they align with company objectives and competitive markets. Responsibilities include managing salary structures, overseeing incentive programs, directing annual salary planning processes, ensuring legal compliance, and educating the organization on compensation policies. This role requires collaboration with HR and business leaders to provide guidance on compensation-related matters.
Summary Generated by Built In

Bring YOUR energy to Alliant Energy!
 

At Alliant Energy, our purpose is to serve customers and build stronger communities. We are passionate about powering beyond the market challenges of today, while powering what's next in energy. When our employees say "I am energy", it means they take pride in the work we do when disaster strikes, as well as all the days in between. We want you to be safe, happy and healthy. That's why we prioritize safety, offer volunteer opportunities and provide competitive pay, comprehensive health and retirement benefits, tuition reimbursement and paid time off.
 


 

Elevate Your Career as Our Manager of Compensation!

Are you ready to transform our compensation programs and drive our company’s success to new heights? As the Manager of Compensation, you’ll be at the forefront of crafting innovative strategies that attract, retain, and inspire top talent. Collaborate with senior leadership and HR partners to ensure our compensation plans are not just competitive, but innovative and perfectly aligned with our strategic vision.

What you will do

  • Performs all leadership duties including, but not limited to, hiring and rewarding talent, fostering an inclusive and safe workplace, partnering with employees to set clear goals and expectations, providing timely and specific feedback on performance, developing improvement plans to address performance gaps, addressing conflict with care and respect, identifying opportunities for growth and development, embracing and modeling a mindset of lifelong learning, ensuring employees report to work fit for duty, adhering to our Code of Conduct and modeling Alliant Energy’s Core Values at all times.

  • Provides strategic direction for the implementation and administration of compensation programs that are equitable, aligned with company objectives and provide excellent competitive positioning in the markets in which the company operates.

  • Designs and maintains salary structures that support internal equity; regularly evaluate and update salary structures to ensure alignment with the company’s compensation philosophy.

  • Manages the administration of incentive programs including short-term, long-term, and performance; recommends plan design changes and enhancements based on market data and company needs.

  • Oversees the annual salary planning process including merit increases, promotions, and equity adjustments; provides recommendations for salary budgets through regular market analysis and analyzing of compensation data and trends.

  • Leads the ongoing design and management of the company’s job architecture, including job descriptions, job families, levels, and governance.

  • Monitors the changing legal landscape so that compensation programs are administered consistently and in accordance with plan documents, and applicable local, state, and federal laws and regulations.

  • Ensures compensation programs are achieving intended outcomes and being administered fairly, consistently, and transparently across the organization.

  • Develops strategies for educating the organization on compensation programs, policies, and practices.

  • Partner with HR business partners, recruiters, and business leaders to provide guidance on compensation-related matters; serves as compensation subject matter expert and trusted advisor on complex compensation issues.

  • Engages in other duties as needed that support Alliant Energy’s Values and helps deliver on our Purpose to serve customers and build stronger communities.

Education Requirements

  • Bachelor's Degree Human Resources, Business Administration, Economics, or related area. Preferred


Required Experience

  • 5 years progressively responsible experience working with compensation strategy and administration

  • Certified Compensation Professional (CCP) designation preferred

  • 3 years progressively more responsible management experience

  • Previous experience being accountable for the strategic design and management of compensation programs


Preferred Experience

  • Proficiency in compensation tools and software such as PayScale, MarketPay or similar.


Knowledge, Skills, and Abilities

  • Demonstrated ability to develop short- and long-term strategic plans and translate those plans into action.

  • Demonstrated effective leadership skills.

  • Demonstrated financial skills such as budgeting and basic accounting.

  • Demonstrated effective interpersonal, verbal, and written communication skills.

  • Demonstrated ability to use computer software programs (e.g., e-mail, word processing, spreadsheet, and project management).

  • Ability to work effectively in a diverse and inclusive work environment.


 

It's not just what we do; it's how we do it.

Live Safety. Everyone. Always | Make Things Better | Care For Others | Do The Right Thing | Act For Tomorrow | Think Beyond. Be Bold
 

Alliant Energy is committed to providing an inclusive work environment for all and is proud to be an Equal Opportunity Employer where an applicant's qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity or expression, or any other basis prohibited by law.
 

All candidates selected for employment with Alliant Energy will be required to successfully complete a drug screen and background check.
 


Disclaimer:
The above information on this description has been crafted to indicate the general nature and level of work performed by employees within this classification. It is not crafted to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.
Alliant Energy and subsidiaries is an equal opportunity employer that values diversity in the workplace. Applicants in need of a reasonable accommodation for any part of the hiring process, please email [email protected].

The Company
HQ: Madison, WI
2,450 Employees
On-site Workplace
Year Founded: 1917

What We Do

Alliant Energy Corporation (NASDAQ: LNT) is an energy holding company with more than 4,000 employees. Our top priority is providing nearly 953,000 homes, farms, and businesses in Iowa and Wisconsin with safe, reliable energy and power in a variety of sustainable forms. Honored in Newsweek’s 2021 list of America’s Most Responsible Companies.

Our corporate headquarters are located in Madison, Wisconsin. Additional general offices are located in Cedar Rapids and Dubuque, Iowa. We provide inclusive work environments, and are proud to be an Equal Opportunity Employer. We recognize and respect diversity. We appreciate the differences and perspectives a diverse culture brings to the work environment, the company and our customers.

Alliant Energy is a responsible corporate citizen. We are careful stewards of the environment, we support the communities in which we do business and we aggressively pursue emerging technology and safe, sustainable methods of energy production.

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