Compensation Sr. Manager - Coherent Corp.
Warrendale, PA 15086
About the Job
Primary Duties & Responsibilities
As a Compensation Sr Manager, this position will lead, oversee and will be responsible for designing, implementing, and communicating global compensation programs that are competitive and aligned with strategic objectives. This role is pivotal in ensuring competitive and equitable compensation practices that align with business objectives and attract, retain, and motivate top talent across international markets. The incumbent will require strong project management and analytic expertise, and an interest in leveraging leadership experience to meaningfully impact business objectives.
Primary Duties & Responsibilities
- Lead the design, administration and communication of compensation programs, policies, and procedures in support of Coherent's organizational goals which promote talent acquisition, retention, performance management, strategic initiatives, and future business growth.
- Ensure efficient and compliant administration of global equity grant process (annual ongoing and quarterly new hire/promotion/retention grants) and ESPP offered in over 15 countries.
- Manage the annual compensation planning process for merit reviews, ongoing equity grant process and annual short-term incentive payment which includes market data analysis, budget approval, systems set up and administration, and training and consulting managers.
- Support design and competitive assessment of Sales incentive plans.
- Collaborate with Site HRBP and Global HRBP's, Finance/Tax, and Legal as needed during annual compensation planning, equity grant review, and promotion and retention proposals.
- Support executive compensation including proxy preparation, CEO pay-ratio, PvP disclosure as well as analysis and preparation of compensation committee meeting materials.
- Manage and support systems, tools, and methods to ensure scalability and growth including M&A and transformation initiatives.
- Develop and deliver compensation programs training for global HR Business Partners and management.
- Conduct regular market analysis and benchmarking studies to evaluate competitiveness of the company's compensation programs globally.
- Ensure compliance with all applicable labor laws, regulations, and governance requirements related to compensation practices across regions.
- Stay abreast of regulatory changes and industry trends impacting global compensation practices.
- Manage and collaborate on compensation-related and ad-hoc projects.
Education & Experience
- BA or BS degree required.
- Eight (8) years of minimum related experience, preferably in a global or multinational organization.
- Two years of preferred supervisory experience.
- Certified Compensation Professional (CCP), Global Remuneration Professional (GRP) and Certified Equity Professional (CEP) designations highly preferred.
- Expert in Excel, PowerPoint, and experience with HCM systems such as Oracle or Workday
- Comprehensive knowledge of state and federal labor laws as it relates to compensation (FLSA, Wage & Hour, and Pay Equity).
- Clear understanding of data privacy programs and regulatory requirements for managing data (GDPR, California Data Privacy Act, and PIPL).
- Strong sense of urgency in driving projects to completion.
- Demonstrated strong analytical and critical thinking skills, subject matter knowledge credibility and outstanding persuasion skills.
- Strong understanding of compensation principles, practices, and regulations across different countries and regions.
- Demonstrated expertise in designing and implementing competitive compensation programs that support business objectives.
- Excellent analytical skills with the ability to interpret complex data sets and translate insights into actionable strategies.
- Exceptional communication, presentation, and interpersonal skills with the ability to collaborate effectively across diverse teams and cultures.
- Proven ability to manage multiple priorities and successfully lead global cross functional projects
- Proficient working in a high volume, fast-paced, rapidly changing, results-oriented global work environment.
- Leading by example, encourage and nurture a diverse culture of integrity, collaboration, accountability, respect, and enthusiasm.
Skills
- Strategic thinker with the ability to translate business goals into effective compensation strategies.
- Detail-oriented and highly organized with a commitment to accuracy and compliance.
- Excellent interpersonal and relationship-building skills.
- Ability to work in a fast-paced environment and manage multiple priorities.
- High level of creativity and innovation.
- Strong leadership skills with the ability to influence and inspire others.
Working Conditions
- Willingness to travel globally as part of Internal Communication initiatives.
- Availability on weekends and evenings as needed.
Physical Requirements
- Sitting for extended periods while working on a computer or conducting meetings.
- Use of hands and fingers for typing, writing, and handling documents.
- Occasional lifting of objects or materials up to 10 pounds for administrative tasks.
- Ability to communicate verbally and in writing.
Safety Requirements
All employees are required to attend scheduled training, follow the site EHS procedures and II-VI Corporate EHS standards. This includes the use of proper protective equipment (PPE) as required by the job responsibilities.
Managers will ensure that all safety and environmental procedures are followed consistently. They will ensure that risk assessments are performed, proper training, work instructions, required PPE is available, and will monitor compliance.
Quality and Environmental Responsibilities
Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.
Culture Commitment
Ensure adherence to company's values (ICARE) in all aspects of your position at Coherent Corp.:
Integrity - Create an Environment of Trust
Collaboration - Innovate Through the Sharing of Ideas
Accountability - Own the Process and the Outcome
Respect - Recognize the Value in Everyone
Enthusiasm - Find a Sense of Purpose in Work
Coherent Corp. is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law.
If you need assistance or an accommodation due to a disability, you may contact us at talentacquisition@coherent.com .Coherent is a global leader in lasers, engineered materials and networking components. We are a vertically integrated manufacturing company that develops innovative products for diversified applications in the industrial, optical communications, military, life sciences, semiconductor equipment, and consumer markets. Coherent provides a comprehensive career development platform within an environment that challenges employees to perform at their best, while rewarding excellence and hard-work through a competitive compensation program. It's an exciting opportunity to work for a company that offers stability, longevity and growth. Come Join Us!
Note to recruiters and employment agencies: We will not pay for unsolicited resumes from recruiters and employment agencies unless we have a signed agreement and have required assistance, in writing, for a specific opening.Job Summary: As a Compensation Sr Manager, this position will lead, oversee and will be responsible for designing, implementing, and communicating global compensation programs that are competitive and aligned with strategic objectives. This role is pivotal in ensuring competitive and equitable compensation practices that align with business objectives and attract, retain, and motivate top talent across international markets. The incumbent will require strong project management and analytic expertise, and an interest in leveraging leadership experience to meaningfully impact business objectives.