Compensation Manager

Job Summary

Accountable for implementation and administration of broad-based compensation programs, policies and procedures for the organization that drive a pay for performance culture. Ensures that compensation programs are aligned with business objectives, meet legal requirements, and achieve a balance between being externally and internally competitive, while managing internal budget requirements. Provides compensation support to assigned business unit leaders. Active participant in educating the company about compensation principles and making sound pay decisions.

Essential Functions

• Develop and evolve organization's pay structure by monitoring the effectiveness of existing compensation practices and recommending changes that are cost-effective and consistent with compensation trends and business objectives

• Design creative and efficient solutions to deliver compensation-related programs, policies, and procedures

• Deliver annual incentive, performance adjustment, and long-term incentive programs effectively and efficiently

• Drive determination of salary survey participation that will support organizational needs; participate in salary surveys; monitor and adjust usage of salary survey data to ensure compensation objectives are achieved

• Provide counsel to all levels of leaders, HR business partners, and employee relations to support equitable development, promotion and retention strategies for existing employees. Partner with leaders and HR on complex compensation analysis and recommendations.

• Interact with accounting and legal departments to ensure operational and design compliance with FLSA, IRS, and other critical rules and regulations

• Support preparation of all legally required filings such as the Proxy. As NiSource is a public utility, this role will also prepare and/or provide expert testimony in support of regulatory/rate filings for Rate Cases. Prepare testimony, prepare for hearings, and represent the company on behalf of our compensation and benefit programs.

• Required Qualifications For Position

• Bachelor's Degree In business, HR, or equivalent

• 7-9 years At least 8-10 years of experience in compensation, showing progressive growth in role and responsibilities

• Experience designing, selecting and integrating wide-scale compensation programs

• Experience consulting with business leaders and all levels of leadership about compensation matters

• Communication skills:?must be able to effectively talk and write about a company's pay strategy and system and successfully support positive leadership and employee communications

• Analytical skills:? must be able to collect, weigh, and analyze data on many factors to determine the best compensation approach for the situation; must have solid analytic and statistical skills

• Time management: must possess excellent time management skills including ability to plan and navigate high priorities

• Project management: demonstrated ability to manage multiple complex projects

• Strong interpersonal skills to interact, influence, and educate all levels of leadership

• Computer proficiency and technical aptitude with the ability to use Microsoft products, including Excel

• Proficiency in Workday

• Preferred Additional Qualifications for Position

• Experience in a regulated utility environment

• Experience developing and administering equity-based long-term incentive plans

• Certified Compensation Professional (CCP) World at Work Certified Compensation Professional Upon Hire

• SHRM-CP SHRM Certified Professional Upon Hire

• Physical Demands The preceding description is not designed to be a complete list of all duties and responsibilities required of the position.

Inclusion & Diversity

Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity

NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.

Safety Statement

Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Salary Range:

$125,800.00 - $188,600.00

Posting Start Date:

2024-05-02

Posting End Date (if applicable):

2024-05-17

Please note that the job posting will close on the day before the posting end date.

At NiSource, you'll be part of the team serving nearly four million customers throughout the Midwest and Mid-Atlantic, who count on us to energize their homes and businesses. Whether speaking with customers by phone, analyzing financial data or installing new gas lines in a neighborhood, you'll meet exciting challenges each day and make the most of your skills and talents. And you'll be part of a company that was named by Forbes magazine as one of America's Best Large Employers.

We're looking for talent from all backgrounds. We invite candidates of all abilities to come as they are and do what they love. Through our years of successful growth, we've stayed true to our roots by making a difference in the lives of millions of our customers. If you're interested in joining an inclusive, innovative company that fosters opportunity for growth, NiSource might be the place for you.