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Senior Manager, Compensation & Benefits

Remote: 
Full Remote
Contract: 
Salary: 
150 - 170K yearly
Experience: 
Senior (5-10 years)
Work from: 
Illinois (USA), United States

Offer summary

Qualifications:

Expertise in total rewards management, Strong understanding of compensation trends, Advanced skills in data analysis, Proven experience in collaborative leadership.

Key responsabilities:

  • Design and implement reward initiatives
  • Analyze market trends and compensation data
IMI logo
IMI Machinery XLarge https://www.imiplc.com
10001 Employees
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Job description

IMI plc

We are a global specialist engineering company that creates breakthrough solutions. We are curious and like to solve problems, partnering with our customers to solve the demands of today and prepare for the challenges of tomorrow. We embrace innovation and care about outcomes that are good for business, everyday life and making a better world – creating lasting impact for everyone.

We design, build and service highly engineered products in fluid and motion control applications. We focus on five market sectors: Industrial Automation, Process Automation, Climate Control, Life Science and Fluid Control, and Transport.

Our partnership approach breaks through problems and reduces complexity. We don’t invent in isolation – we collaborate with our customers. We listen closely and we think differently, creating space for diverse minds to innovate. We are working together to make businesses safer, more sustainable and more productive.

 

Role Overview:

As the Senior Manager, Compensation & Benefits for Industrial Automation and Transport you’ll play a pivotal role in managing the Sector’s reward processes that attract top talent, foster engagement, and drive business success with the opportunity to collaboratively shape, alongside your Reward Centre of Expertise peers, how we reward and recognize our people across all IMI Sectors, ensuring they feel valued and motivated to excel.

This role provides an opportunity to align global initiatives with Sector-specific needs, delivering tailored reward solutions that fuel growth and performance. Acting as a trusted partner to leadership, you’ll use your expertise to ensure our total rewards offering remains competitive, compliant, and aligned with our global vision and frameworks, all while making a tangible impact on our employee’s experience at IMI.

Preferred location:  This is a Remote position with some travel (5%).  Prefer candidates located in Midwest or East Coast US.

Key Responsibilities

Delivering Reward Excellence

  • Collaborate with Sector and functional leadership to design and implement reward initiatives that align with global frameworks while addressing unique Sector priorities.
  • Analyze market trends, employee feedback, and compensation data to deliver competitive, innovative reward programs.
  • Be the trusted advisor for all things rewards - compensation, benefits, and performance incentives - ensuring alignment with business objectives.
  • Develop and oversee global Sector-specific sales incentive plans that inspire high performance and support ambitious growth targets.
  • Lead annual compensation reviews, including merit increases and incentive payouts, getting stuck into the detail to ensure timely execution, alignment with organizational methodologies and that such processes empower leaders to reward top talent effectively and equitably.
  • Serve as the key conduit between Sector leadership and the global rewards team, advocating for Sector needs while maintaining global consistency.

Compensation Management

  • Manage the Sector’s annual compensation review process, ensuring transparency, accuracy, and adherence to global timelines and wider organisational standards.
  • Co-design and implement salary structures and pay ranges that reflect both market realities and internal equity.
  • Conduct salary benchmarking, collaborating with HR Business Partners and Talent Acquisition to ensure compensation packages are competitive, aligned with talent strategy and market conditions.
  • Support the introduction and rollout of job classification across IMI, conducting job evaluations to ensure roles are graded appropriately.
  • Manage the Sectors adoption and utilisation of the global recognition program to cultivate a high-performance culture, working closely with HR business partners to integrate recognition into broader engagement initiatives.
  • Support the development and delivery of benefits and wellbeing programs that align with company values and boost employee satisfaction.

Data-Driven Insights & Reporting

  • Evaluate the effectiveness of compensation and benefits programs using robust data analysis.
  • Present reward metrics and performance insights to senior leadership, empowering informed decision-making.
  • Ensure accurate reporting to meet audit, compliance, and governance requirements.

Compliance & Governance

  • Champion fairness, equity, and transparency in all reward decisions across the Sector.
  • Monitor and ensure compliance with international labour laws and local regulations, adapting programs proactively to legislative changes.
  • Support global compensation and benefits audits, ensuring transparency and adherence to governance standards.

Collaboration & Stakeholder Engagement

  • Build and nurture partnerships with Sector leaders, HR Business Partners, Finance teams and regional teams, providing expert guidance on reward-related matters.
  • Lead the rollout of new reward programs, ensuring smooth adoption and clear understanding across teams.
  • Share best practices with global counterparts, fostering alignment and driving consistency across Sector

What You’ll Bring

  • Expertise in Total Rewards: Proven experience designing and managing reward frameworks across a global, matrix organization.
  • Market Insight: Strong understanding of global compensation trends, job evaluation methodologies, and incentive design.
  • Analytical Acumen: Advanced skills in Excel and data analysis, with a talent for turning numbers into actionable insights.
  • Collaborative Leadership: Ability to influence and partner effectively with senior leaders and cross-functional teams, navigating cultural nuances with ease.
  • Strategic Thinking: A forward-thinking approach to rewards, balancing Sector-specific needs with global objectives.
  • Execution Excellence: Exceptional organizational skills to juggle multiple priorities, deliver to tight deadlines, and maintain high attention to detail.
  • Positive Mindset: A ‘can-do’ attitude, fuelled by a passion for solving problems and driving meaningful change.

What IMI Can Offer You

At IMI, one of our top priorities is to create an inclusive culture of health. We strive to remove barriers to care (whether that be physical or financial) and in doing so, we offer choice for all your health and wellbeing needs. 

See below for a general overview of our amazing perks and benefits:

  • Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
  • Best-in-class 401K plan with zero vesting and up to 6% contribution matching
  • 14-week maternity leave at full pay following one year of service (Adoption benefits are equivalent)
  • 4-week paternity leave at full pay following one year of service (Adoption benefits are equivalent)
  • Employee Resource Groups that offer community and support, like our Pride Network and Network of Women groups 
  • PTO, encompassing inclusive holidays 
  • Career Development opportunities (IMI’s ‘Catalyst’ Program)
  • Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
  • Mental Health and wellness programs to support you and your family
  • Full suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home & auto insurance through our discount advantage platform
  • Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee
  • Free financial advisors, webinars, and classes through Charles Schwab
  • Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%

Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date

Pay range:  $150k - $170k base plus bonus opportunity.

Within the range, individual pay is determined based on skills, experience, and qualifications as they relate to the job requirements. In addition to base salary, this position is eligible to receive a variable incentive pay component. Base pay information is based on market location and may be subject to prevailing wage laws, if applicable. 

 

Health & Safety

The physical demands described within the Key Duties & Responsibilities section of this job description are required to perform the essential functions of this position.  Reasonable accommodations may be made for individuals with disabilities.  Please contact your local HR representative to discuss the specific Work Conditions and Physical Requirements of this role.  

Health, Safety, and Environmental Duties – At IMI we are all personally committed to protecting our people, minimizing our impact to the environment, the communities we operate in and our company. All members of our workforce have the duty to ensure the health, safety and welfare of themselves, others, and the environment. Every employee is expected to follow all HSE operating procedures, also to challenge any observed behaviors or unsafe acts.

Code of Ethics

IMI requires the highest standard of ethics in all business dealings, particularly with customers, suppliers, advisors, employees, and the authorities. In accordance with the IMI Way: Our Code of Responsible Business.

Changes to This Job Description

IMI may amend this job description in whole or part at any time.

IMI is an equal opportunity employer. Qualified applicants will be considered without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.

Required profile

Experience

Level of experience: Senior (5-10 years)
Industry :
Machinery
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Microsoft Excel
  • Analytical Skills
  • Organizational Skills
  • Open Mindset
  • Team Leadership
  • Strategic Thinking
  • Communication
  • Problem Solving

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