JLL is currently seeking a Compensation Leader to join our Human Resources team in Chicago.
Challenge Yourself by…………
Partnering with Executive Leadership and HR
Proactively develop and foster collaborative working relations with key clients and stakeholders that can include Business Leaders, HR, Operations, Recruiting, and Legal. You’ll be presenting and working with senior executives in our Corporate Solutions business.
Provide consistent analysis on various compensation metrics
Drive Compensation Strategy Through Design, Implementation and Administration of Compensation Plans and Programs
Assess, design and potentially implement new or modified compensation plans that align reward and employee incentive programs for a highly complex and ever changing business due to M&A and growing service offerings requiring our comp partner to think proactively to incentivize our team members.
Implement Delivery Organization framework to align rewards across the Americas around profitable growth.
Lead and drive compensation initiatives to implement, develop and administer compensation programs within multiple regions or business units that support the business strategy of the assigned group(s).
Evaluate the effectiveness and competitiveness of the compensation plans by compiling and analyzing statistical data from internal and external market sources. Formulate recommendations regarding salary ranges and incentive structures for specific jobs and development of company/practice salary structures.
May lead complex projects over multiple business units or regions. Serve as a deep subject matter expert.
Provides expert counsel to HR and Business leadership on compensation issues related to company pay structures, pay change recommendations, new hire offers, wage and hour regulations, policy/procedure interpretation, incentive programs, etc.
Evaluate and advise on industry trends
Monitor the compensation industry and changes that that might affect JLL's Compensation initiatives, identify and make recommendations to senior leadership for action.
Research and recommend innovative solutions to complex issues and advise senior compensation team on change management.
May anticipate compensation and regulatory issues that affect the organization.
Model and assess financial implications of plan designs
Enlist and partner with Finance to properly as assess financial impact of any compensation modifications.
Create complex financial models to analyze the impact of plan designs and adapt proposals as necessary to ensure fiscal responsibility.
Monitor spend and budgets throughout the year to advise on trends and implications of ad-hoc compensation decisions.
Manage year-end compensation administration
Lead and drive the process with HR and senior management to determine methodology and approach to be followed in year-end pay administration across multiple regions and or business units. This includes budget analysis and recommendations, modeling results, and setting up the compensation support tool to comply with methodology and budgets agreed upon. Review results and present to senior leadership for approval.
Leadership/Personal Characteristics
Integrity and ethics.
Strong financial acumen
Key partner with the business, viewed as value-added decision support.
Highly collaborative, with exceptionally strong executive presence and creative thinking
Create high performance environment by clearly communicating vision and purpose.
Strategic visionary with analytical depth, exceptional judgment, and strong project-management focus.
Drive continuous process improvement.
Proven track record of taking end-to-end ownership, driving results, and learning fast
Highly skilled in distinguishing important from imperative priorities of the business and overseeing cyclical processes.
Push back where necessary, integrating business strategy into fact-based decisions.
Ability to flex and adapt to changing business needs and various styles and approaches.
Ability to work in less structured environment while suggesting options to add structure, process and support for implementing best practices.
Adaptable to work in a high stress, fast paced environment, managing multiple tasks, projects simultaneously
Excellent communication, negotiation, presentation and customer service skills; highly responsive to requests from stakeholders
Future potential/runway to develop into a broader leadership role.
Qualifications
We are looking for talent and knowledge of…
Managing key stakeholders in a growth environment.
Aligning Human Resources value propositions with compensation strategy.
Ability to develop and influence high performance teams.
Anticipating needs and using trends/analytics to drive key decisions.
Successfully managing multiple projects simultaneously, focusing on top priorities and high impact economic and behavioral drivers.
Financial valuation analytical skills and advanced compensation experience (CCP preferred).
Integrating business strategy into fact-based decisions.
Expertise in change/transformation management
Workday experience a plus, particularly implementing the compensation planning module
Minimum Required Experience
Bachelor’s degree in Finance, Human Resources or business related field preferred.
10+ years of corporate compensation experience designing, implementing, and maintaining compensation and incentive plans.
Experience developing and managing compensation programs – global experience a plus.
Strong financial acumen, and advanced knowledge of compensation statistics and metrics.
Workday experience a plus, particularly implementing the compensation planning module
Strong PC skills (Word, PowerPoint & exceptional Excel skills)
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