With customers in over 100 countries served by more than 50,000 employees, TK Elevator achieved sales of around €9 billion in fiscal year 2022/2023. We ensure high levels of customer service globally from our extensive network of about 1,000 locations. Over the past several decades, TK Elevator has established itself as one of the world’s leading elevator companies and became independent after separation from the thyssenkrupp group in August 2020. The company’s most important business line is the service business proudly provided by around 25,000 service technicians. The product portfolio ranges from standardized elevators for low-rise residential buildings to highly customized solutions for skyscrapers. In addition, it covers escalators, moving walks, passenger boarding bridges and stair and platform lifts. Integrated cloud-based solutions, such as the MAX platform, are delivering enhanced services. With these digital offerings, there are no longer any limits to urban mobility. TKE – move beyond.

What we expect

The first 3 letters in workplace safety are Y-O-U!

TK Elevator is currently seeking an experienced Compensation Consultant located in Atlanta, GA.

The Compensation Consultant ill oversee the design, analysis, and administration of TK Elevator’s compensation programs and HR reporting, including highly complex incentive plan design, modeling, and payment calculations; base salary structure design and analysis; job evaluation and market pricing; annual Merit administration; salary survey participation; and HR metric analysis.

The primary objectives will be to ensure the company’s compensation practices 1) align with its business goals and strategies; 2) are competitive, equitable, and legally compliant; 3) attract and retain top talent, and 4) motivate employees to achieve the company’s short- and long-term goals

ESSENTIAL JOB FUNCTIONS:

Serve as the Subject matter expert in compensation, particularly to represent the function to the field and serve as a point of contact for HR and business partners.
Works with stakeholders to own the full lifecycle of all short-term incentive plans: design, analysis, communication, and administration for the field operations group.
Partner with senior leadership to design ~15-25 incentive plans
Gain stakeholder buy-in, collaborate with Legal
Coordinate financial modeling, assess business impact of current plans
Oversee complex incentive calculations, accruals, and payouts
Collaborate with Finance to track KPIs and assess effectiveness of incentive plans
Head the IC Governance Committee and processes
Ensure new and current jobs are accurately evaluated and graded
Collaborate with HR partners in the annual performance review and Merit administration
Provide guidance on increases
Oversee calculations
Communicate process and results
Manage the approval process for off-cycle pay increases and exception requests
Represent the Compensation department in the ongoing implementation of the SFEC/SAP Compensation Module
Assist external consultants in the integration of company salary structures and incentive plans
Participate in user testing
Review and design formal policies and procedures governing compensation practices
Oversee and conduct quantitative and qualitative analysis to ensure company’s compensation practices align with its philosophy, comply with guidelines, and achieve business objectives
Oversee survey participation, validating matches and ensuring accurate and timely submissions
Ensure market competitiveness through annual compensation benchmarking to multiple external surveys; analyze market ratios and advise on equity adjustments
Oversee and conduct HR metric analysis/reporting for CHRO and Global HQ
Partner with Global and Local HRIS to ensure effective data capture and reporting functionality
Research and advise on compensation best practices and governance: pay equity, promotions, merit, salary structures, incentive design, etc.
Partner with HR to ensure compliance with compensation governance; communicate and enforce policies
Responsible for the company’s JD library: ensure JDs are accurate, relevant, and up to date

Salary range $135,000 to $160,000

Who we are looking for

EDUCATION & EXPERIENCE:

Bachelor’s degree, preferably in Human Resources or Finance
5+ years’ experience in compensation analysis and administration
Expert user of Excel: able to analyze large datasets using advanced formulas, pivot tables, and charts; summarize results; and translate into clear action items
Advanced user of PowerPoint
Subject matter expert on compensation principles and best practices
Ability to communicate concisely and effectively, with the utmost tact and discretion
Proven ability to work and create effective partnerships with executives and business leaders across multiple functions and teams
Must be able to handle highly sensitive data with the greatest degree of confidentiality
Keen attention to detail

PREFERRED QUALIFICATIONS:

CCP
PHR / SPHR
MBA
Experience with SFEC / SAP
Experience using Mercer and/or Culpepper compensation modules
Experience modeling incentive plans
Experience with ERP implementations
Experience with Sales Compensation

Contact

To apply to a position, please click on the Apply Now button.

For any additional questions or job specific requests, please use the contact below and include the Job Requisition Number as a reference.

Elevatorjobs.AMS@tkelevator.com

Additional information

TK Elevator is an equal opportunity employer and committed to diversity. Qualified applicants will receive consideration for employment without regard to age, gender, race, color, religion, sexual orientation, gender identity, national origin, disability, and veteran status or any other protected status required by applicable law.

Applicants with disabilities who require reasonable accommodation in connection with the application process are encouraged to email us directly at ElevatorJobs.ams@tkelevator or call 1-844-427-5461.

TK Elevator is an equal opportunity employer.

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