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Director - Global Compensation

Date:  Nov 18, 2023
Location: 

Columbus, OH, US

Company Overview

Based in Columbus, Ohio, Hexion Inc. is the global leader in thermoset resins. Through a broad range of thermoset technologies and specialty products, Hexion serves and supports customers in a diverse range of applications and industries. Hexion materials are found in products that touch nearly every facet of modern living. At Hexion, we believe that leadership begins with integrity, ethics and environmentally sound operations. When you work for Hexion, you are partnering with a company that is not only focused on delivering value but on doing it in a safe, ethical and environmentally responsible manner.

What We Offer

At Hexion, we prioritize providing progressive, inclusive, and competitive benefits that acknowledge the valuable contributions made by our associates while enhancing their overall well-being and promoting a healthy work-life balance. 

 

  • Healthcare, Vision, Dental and Parental Leave
  • 3 weeks’ vacation to start
  • 401k Match 
  • 16 hours paid volunteering time
  • & More

 

Our commitment to investing in our employees goes beyond these exceptional benefits, as we also offer continuous training and certification opportunities that enable you to advance your career with Hexion. 

Position Overview

This role directs all global broad-based compensation-related activities. More specifically this role directs the overall strategy and leads the implementation, communication, administration and legislative compliance of Hexion’s global compensation programs, policies and processes in support of Hexion’s business strategy, while ensuring internal equity and external competitiveness. Continuously leads the assessment of market practices, trends and regulatory environments related to compensation programs and partners to integrate these elements into the company’s programs, as appropriate.

Job Responsibilities

  • The Compsensation Director directs, designs and plans compensation policies, objectives and initiatives.
  • Continually evaluates, modifies, and administers compensation policies to ensure programs are current, competitive and aligned with the overall compensation philosophy and in compliance with legal requirements and best practices and trends.
  • Works closely with the Head of Total Rewards and the Chief Human Resources Officer to develop an overall compsenation strategy that supports the vision of company’s long and short-term business plans.
  • Provides consultation and recommendations on executive compensation for all Director and above positions evaluating all market data.
  • Plans, creates and administers long and short-term compensation programs that drive company performance and comply with laws and regulations.
  • Directs a variety of annual programs to include annual salary planning, quarterly and annual corporate incentive compensation program (ICP) data validation, local incentive administration, SOX incentive plan narratives, market pricing and salary structure review, long-term programs administration, equity administration, year-end analysis, or other compensation related programs.
  • Champions associate compensation programs to include, job classification systems and defines job levels and families, in partnership with HR Partners and managers.
  • Leads, and collaborates with the Total Rewards team on, a variety of projects, including program redesign, ad-hoc analysis, policy reviews, cross-functional project teams, and implementation of new programs.
  • Directs the timely and robust data collection and analysis procsses that support research and market, pay equity and other compensation studies to ensure the orgnization’s compensation programs/objectivies are competitive.
  • Consults at all levels of the organization across multiple functions on issues and decisions that require extensive knowledge of compensation strategies, policies, programs and practices.
  • Consults with all HR Partners and management to devise strategies to solve complex problems. Problems can range in impact from global to local, many associates to few, regarding any area in the compensation discipline.
  • Directs creative, analytical thinking and results-driven emphasis demonstrated through the ability to draw conclusions and trends from data analysis.  
  • Ability to lead implementation of a new strategies and ‘sell’ ideas and concepts ensuring compensation programs remain within budegetary contraints.
  • Partners with HRIS and IT Teams to ensure the HRIS system meets compensation needs and is updated to reflect changes to salary structures, ICP programs, etc.
  • Leads the timely preparation of materials for the Board of Directors and Compensation Committee.
  • Dedication to meeting the expectations and requirements of internal and external stakeholders, establishes and maintains effective relationships with stakeholders by gaining and maintaining trust.

Competencies

Future Focused                    

  • Visionary & Strategic
  • Innovates
  • Entrepreneur
  • Future-based thinker
  • Develops Talent

Trust and teamwork    

  • Boundaryless behavior
  • Aligns
  • Empowers
  • Listens first
  • Talks Straight

Transformational Leadership 

  • Lives a safety mindset
  • Courageous
  • Inspires
  • Authentic
  • Works with velocity

Achieves Business Results

  • Commits
  • Executes
  • Focuses on the customer
  • Demonstrates Agility
  • Accountable

Minimum Qualifications

EDUCATION:  

  • Bachelor's degree (B.A./B.S.) in Human Resources, Business Administration, Finance or a related discipline from an accredited four-year college or university.  
  • Master's Degree in a related discipline is preferred.

 

MINIMUM QUALIFICATIONS

  • Minimum of 10-12 years of experience in the directing, development, design, analysis and administration of global compensation programs.
  • Must have functional experience in Excel and other technologies.
  • Must be able to collaborate with all levels of the organization and work well in a matrixed environment.

Other

We are an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to gender, minority status, sexual orientation, gender identity, protected veteran status, status as a qualified individual with a disability or any characteristic protected by law.

 

In order to be considered for this position candidates are required to submit an application for employment through our career site, be at least 18 years of age, willing to take a drug test, submit to a background investigation as part of the selection process, as well as additional periodic background checks as required by the Chemical Facility Anti-Terrorism Standards (CFATS) or regulations adopted by the department of Homeland Security or other regulatory agencies.

 

Candidates are required to have unrestricted authorization to work in the United States.

 

If currently an employee of the Company, you must have current satisfactory work performance and in most cases, have been in your current role for 18 months.

 

Disclaimer: We are not accepting unsolicited assistance from search firms/employment agencies for this employment opportunity. Please, no phone calls or emails to any employee about this position. All resumes submitted by search firms/employment agencies to any employee of the Company via email, the Internet, or in any other form and/or method without a valid written search firm agreement in place for this position will be deemed the sole property of the Company; no fee will be paid in the event a candidate is hired by the Company as a result of the unsolicited referral or through other means.


Nearest Major Market: Columbus
Nearest Secondary Market: Dublin

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