Senior Manager, Compensation

Maryland USA - Remote

Full time

REQ-1000053056

Senior Manager, Compensation – Remote

Remote, United States

Come build something that matters.

It takes great people to achieve greatness. People with a sense of purpose and integrity. People with a relentless pursuit of excellence. People who care about making things better For Those Who Make The World™. Sound like you? Join our top-notch team of approximately 43,500 diverse and high-performing professionals globally who are making their mark on some of the world’s most beloved brands, including DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, and HUSTLER®.

The Job:

As a Senior Manager, Compensation, you’ll be part of our Compensation Center of Expertise team working as a remote employee. You’ll get to:

• Report directly to the Senior Director, Compensation, Commercial, Marketing & Product.

• Serve as a strategic leader and key resource for compensation matters across Stanley Black & Decker, with a primary focus on the design, administration, implementation, and governance of sales incentive plans.

• Support compensation strategy and execution for the Commercial, Marketing, and Product organizations in North America, while also providing broader compensation expertise across base pay, market pricing, job architecture, annual compensation planning, and compensation policies and programs.

• Partner closely with HR leaders, business executives, Finance, Sales Operations, and other key stakeholders to ensure compensation programs are competitive, aligned to business strategy, and designed to attract, retain, and motivate top talent.

• Provide consulting services around the design, administration, implementation, and ongoing evaluation of variable compensation programs for the sales organization.

• Lead sales incentive plan design and governance, including performance measures, pay mix, payout structures, plan documentation, in partnership with Finance and Sales Operations.

• Model incentive costs and payout scenarios, assess attainment and payout distributions, and recommend changes based on business results, affordability, and participant outcomes.

• Serve as a subject matter expert and thought leader to the organization in support of Stanley Black & Decker’s compensation philosophy including sales incentive plan design, job grading, market pricing, internal equity, job evaluations, hourly/salaried/sales compensation structure design, and the annual compensation planning process.

• Collaborate with internal and external stakeholders on a wide variety of projects, such as sales incentive plan design and enhancements, global job architecture, market assessments, and other pay analyses.

• Ensure successful execution within the business, including the implementation, education, communication, and administration of enterprise-wide compensation programs.

• Monitor performance against plans and take action necessary to ensure achievement; collect, analyze, and summarize compensation information to satisfy statutory and regulatory and organization requirements; interface with Labor and Employee Relations and Talent Acquisition.

• Support the development of new compensation plans, programs and policies or changes to existing compensation plans, programs and policies.

• Ensure compensation data in HR systems are accurate and adequate to meet business needs.

• Provide analytical support including economic and cost impact models in the development of merit budgets, variable compensation guidelines, sales incentive plan modeling, job family structures, grades, pay lines, broad bands or other structures.

• Provide compensation analysis to identify potential retention risks of key talent in the organization. Identify and analyze business problems and devise solutions to the problems.

• Define process improvement and best practice opportunities to current business/work processes.

• Perform other duties as assigned.

The Person:

You love to learn and grow and be acknowledged for your valuable contributions. You’re not intimidated by innovation. Wouldn’t it be great if you could do your job and do a world of good? In fact, you embrace it. You also have:

• Bachelor’s degree in Human Resources, Business, Finance, Accounting, Economics, or a related field required; Certified Compensation Professional (CCP) or Certified Sales Compensation Professional (CSCP) designation preferred.

• 8+ years of relevant experience in Compensation.

• Strong experience designing, implementing, and administering sales incentive plans and variable compensation programs.

• Broad-based compensation experience, including market pricing, job evaluation, compensation structures, and annual compensation planning.

• B2B and B2C experience.

• Experience using Workday preferred.

• Effective decision-making/critical thinking skills with the ability to manage and influence key stakeholders.

• Excellence in customer focus: Ability to collaborate, consult and partner with HR and business leaders to provide thought leadership and drive results.

• Strong project management, change management, and communication skills.

• Exceptional organizational skills with strong attention to detail, follow-up and problem resolution.

• Ability to maintain a high level of confidentiality.

The Details:

You’ll receive a competitive salary and a great benefits plan, including:

• Medical, dental, life, vision, disability, 401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.

• Discounts on Stanley Black & Decker tools and other partner programs.

And More:

We want our company to be a place you’ll want to be – and stay. Being part of our team means you’ll get to:

• Grow: Be part of our global company with 20+ brands to grow and develop your skills along multiple career paths.

• Learn: Have access to a wealth of learning resources, including our digital learning portal.

• Belong: Experience an awesome place to work, where we have mutual respect and a great appreciation for a wide range of perspectives and experiences.

• Give Back: Help us continue to make positive changes locally and globally through volunteerism, giving back, and sustainable business practices.

What’s more, you’ll get that pride that comes from empowering makers, doers, protectors, and everyday heroes all over the world. We’re more than the #1 tools company. More than a driving force in outdoor power equipment. More than a global leader in industrial. We’re visionaries and innovators. As successful as we’ve been in the past, we have so much further to go. That’s where you come in. Join us!

This role is not eligible for visa sponsorship (H1B, OPT/CPT, TN etc).

#LI-NB1

#LI-Remote

The Salary range for this position is $95,600.00 - $153,900.00

• This is the lowest to highest annual full-time salary range we would pay for this role at the time of this posting. The salary offered within the range may vary depending on multiple factors including job level, geographic location, job-related knowledge, skills, qualifications, experience and in compliance with local wage requirements. Please note that salary is only one component of total rewards at Stanley Black & Decker.

• The salary range listed in this job posting reflects the range for the primary location specified. The salary range may vary for other locations.

• The successful candidate may be eligible for annual merit increases.

• Medical, dental, life, vision, disability,401(k), Employee Stock Purchase Plan, paid time off, and tuition reimbursement in addition to programs & benefits in support of your well-being.

• Discounts on Stanley Black & Decker tool sand other partner programs.

We Don’t Just Build The World, We Build Innovative Technology Too.

Joining the Stanley Black & Decker team means working in an innovative, tech-driven and highly collaborative team environment supported by over 43,500 professionals in 60 countries across the globe. Here, you’ll get the unique chance to impact some of the world’s most iconic brands including STANLEY TOOLS, DEWALT, CRAFTSMAN, MAC TOOLS and Black + Decker. Your ideas and solutions have the potential to reach millions of customers as we work together to write the next chapter in our history. Come build with us and take your career to new heights.

Who We Are

We’re the World’s largest tool company. We’re industry visionaries. We’re solving problems and advancing the manufacturing trade through innovative technology and our Industry 4.0 Initiative. We are committed to ensuring our state-of-the-art “smart factory” products and services provide greater quality to our customers & greater environmental and social value to our planet. We are unique in that we have a rich and storied history dating back to 1843, but that hasn't stopped us from evolving into a vibrant, diverse, global growth company.

What You’ll Also Get

Career Opportunity: Career paths aren’t linear here. Being part of our global company with 60+ brands gives you the chance to grow and develop your skills along multiple career paths.

Benefits & Perks

You’ll get a competitive salary and a comprehensive benefits plan that includes medical, dental, life, vision, wellness program, disability, retirement benefits, Employee Stock Purchase Plan, Paid Time Off, including paid vacation, holidays & personal days, and tuition reimbursement. And, of course, discounts on Stanley Black & Decker tools and products and well as discount programs for many other vendors and partners.

Learning & Development:

Our lifelong learning philosophy means you’ll have access to a wealth of state-of-the-art learning resources, including our Lean Academy and online university (where you can get certificates and specializations from renowned colleges and universities).

Diverse & Inclusive Culture:

We pride ourselves on being an awesome place to work. We respect and embrace differences because that’s how the best work gets done. You’ll find we like to have fun here, too.

Purpose-Driven Company:

You’ll help us continue to make positive changes in the local communities where we work and live as well as in the broader world through volunteerism, giving back and sustainable business practices.

EEO Statement:

All qualified applicants to Stanley Black & Decker are considered for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran’s status or any other protected characteristic.

If you require reasonable accommodation to complete an application or access our website, please contact us at (860) 827-3923 or at [email protected] . Due to volume, we cannot respond to unrelated inquiries about the status of a completed application or resetting an account password.

Know Your Rights: Workplace discrimination is illegal (eeoc.gov) (http://www.eeoc.gov/sites/default/files/2023-06/22-088\_EEOC\_KnowYourRights6.12ScreenRdr.pdf)

This employer participates in the Work Opportunity Tax Credit (WOTC) program. Applicants may be asked to voluntarily provide information to determine eligibility. Any information provided will be kept confidentially other than as required to make the necessary WOTC disclosures and in accordance with applicable laws.

For the builders and protectors, for the makers and explorers, for those shaping and reshaping our world through hard work and inspiration, Stanley Black & Decker provides the tools and innovative solutions you can trust to get the job done—and we have since 1843.

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