Director Compensation and Benefits
Apply now »Posting Date: Jan 23, 2025
Location: Schererville, Indiana, US
Company: ArcelorMittal
Everything would be very different without ArcelorMittal, the world’s leading steel and mining company. Buildings. Vehicles. Home appliances. Technology products. All of them are made of our steel. And our steel is made by you. Working to the highest standards and putting safety first, you can join us to create the steel that tomorrow’s world will be made of.
We are seeking leaders to help us transform the future of steel, who want to impact the world with innovative ideas, boldness and creativity.
For us, people who think differently generate innovative solutions and more creative responses to challenges. Therefore, we value diversity as a source of new perspectives for business and promote an inclusive work environment, in which everyone has the same opportunities for human and professional development.
And naturally you expect a fair salary, paid holidays and other benefits. And of course, you are looking for job satisfaction. What else is there? At ArcelorMittal North America the answer is there is a lot more.
Join our team.
Director Compensation and Benefits
ArcelorMittal North America
Opportunity
Reporting to the Head of HR ArcelorMittal North America, the Director Compensation and Benefits responsible for designing, implementing, and managing compensation and benefits programs that provide a competitive level of pay, motivation, and reward to employees. Focuses on cash programs (salaries, bonuses), LTIP’s programs and benefits programs that cover salaried and non-union employee populations. Provide and evaluate organizational design, understanding the organization's needs and recommend optimized organizational structures.
Advises senior management team on employee compensation topics.
The position is the lead facilitator of compensation and benefits across the North America segment and works closely with the units in the implementation of any ArcelorMittal compensation and benefit processes.
Key Responsibilities
The key responsibilities include, but not limited to:
- Develop, implement, and evaluate compensation programs, including salary structures, incentives, bonuses, and performance-based pay.
- Conduct market research and benchmark studies to ensure competitive compensation practices.
- Lead recommendations for job evaluations, pay grades, and compensation adjustments.
- Oversee the annual salary review process, including merit increases and adjustments.
- Monitors the effectiveness of compensation and benefits programs and recommends modification to reduce costs and improve delivery.
- Participates in negotiation of agreements with insurance carriers and financial institutions for administration of benefits programs and provides technical backup to union negotiations on benefits matters.
- Design and manage employee benefits programs, such as health insurance, retirement plans, wellness programs, and leave policies.
- Negotiate and manage relationships with benefits providers and vendors.
- Monitor and analyse the effectiveness of benefits programs and recommend enhancements as needed.
- Ensure compliance with local, state, and federal regulations related to benefits administration.
- Ensure that HR supports the organization’s role in Health and Safety in every step of the employee life cycle.
- Develop and maintain compensation and benefits policies and procedures.
- Assures that required records and reports are maintained and issued.
- Stay updated on relevant labour laws, tax regulations, and industry trends to ensure compliance.
- Prepare reports and presentations for senior leadership on compensation and benefits metrics and strategies.
- Communicate compensation and benefits programs to executive leadership and address related inquiries.
- Provide guidance and training to managers on compensation and benefits topics.
Professional Experience and Qualifications
- Minimum 10 years of HR experience.
- Minimum 5 years of experience leading compensation and benefits initiatives.
- Good leadership presence and communication skills.
- Good problem solving skills.
- Strong analytical skills and the ability to translate complex concepts in a concise manner.
- Ability to set priorities and manage multiple projects simultaneously in a fast paced, highly matrix, dynamic environment.
Additional qualifications that will be seen as a nice to have:
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- Experience in steel or manufacturing industry.
- Proven 5 years of experience working in a similar role.
- Experience in global settings with multiple stakeholders.
Education
- University degree in business administration, finance, or relevant field.
What we’ll offer
We offer competitive salary, bonus, paid vacation, 401k employer match, health insurance, prescription drug insurance, dental insurance, vision insurance, life and disability insurance etc.
Call to action
Join us and you’ll see your work help create renewable energy, impact major industries and boost economies. At ArcelorMittal North America we’ll help you make your world.
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