Compensation Manager

Location: Buffalo Grove
Posted on: June 23, 2025

Job Description:

Company Description Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential. Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN. Work Environment & Location Hybrid Work Model – In-office collaboration Tuesday – Thursday Location: Deerfield, Illinois Job description The Compensation Manager develops, implements, and administers compensation programs across the organization to ensure external competitiveness and alignment with Fortune Brands Innovations’ Total Rewards objectives. As a key member of the Global Compensation team, you will actively manage Broad Based Compensation projects and will be the Compensation partner for one or more of Fortune Brands’ core functions or lines of business providing expertise, support and advice on all aspects of compensation. You will also serve as project lead for various enterprise-wide compensation initiatives to identify opportunities for enhancement and change in compensation programs, policies, and procedures. This is a hands-on role requiring the ability to understand and work with complex data, demonstrate a take-action mindset in a changing and growing environment, and exhibit attention to detail and accuracy from start to finish in completing projects. Responsibilities Manage various global compensation-related projects which involve assessment and re-design of existing or development of new compensation programs. This includes project management, partnering with appropriate internal and external resources and ensuring that projects achieve desired goals and objectives. Partner with business leaders and HR Business Partners to address compensation challenges and concerns, including but not limited to talent retention, internal compression, and market competitiveness. Provide advice and counsel and design and implement solutions to address challenges. Evaluate new and revised jobs as appropriate following Fortune Brands Innovations’ job evaluation process Conduct and oversee market pricing activities for purposes of making pay recommendations. Manage Fortune Brands’ global annual planning cycle (salary budgets, salary structures, merit review, incentives payout planning process) in collaboration with other center of expertise members such as Talent and HR Technology. This includes responsibility for the configuration of technology platform for annual planning. Partners with HR Technology to ensure that Fortune Brands’ HR Technology System (Workday) meets Global compensation needs and support Fortune Brands’ compensation objectives and our annual planning needs. Ensure that the administration of various compensation programs are in compliance with established guidelines, processes and procedures. This will include programs such as incentive compensation, sales compensation, annual merit review cycle, pay changes. Conduct and participate in global compensation surveys or special compensation studies to maintain the company’s competitive position within the marketplace. This may require creation of market-specific surveys, establishment of target audience, communications, data collection, analysis, and feedback on results. Develop and deliver communications, training and education for compensation programs targeting different audiences such as associates, managers, senior leaders and HR Business Partners. Ensure compliance with national, state/provincial and local compensation laws and regulations in locations where Fortune Brands Innovations operates. Coach and mentor talent on the compensation team. May manage a direct report. Qualifications Bachelor’s degree in business, Human Resources or a related field. Minimum of 10 years of progressive compensation experience in a center of expertise or corporate compensation function or with a consulting firm providing compensation partnership to business stakeholders. Minimum of 5 years leading large compensation projects Workday experience including incentive processing experience in Workday is required Experience within a large, geographically dispersed, multi-site organization Preferred Qualifications Experience in Sales Compensation and M&A activity. CCP (Certified Compensation Professional) completed or in-progress. Global Compensation experience. Background in global and executive compensation practices and programs is a plus Experience working for a large, complex and matrixed company. Demonstrated project management capability Enthusiasm for staying updated with the latest technological advancements in Compensation and HR Salary Range A reasonable estimate of the base salary range for this role is $105,000 USD - $165,000 USD. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time. ADDITIONAL INFORMATION Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is $105,000 USD - $165,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan. At Fortune Brands Innovations, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to support inclusivity and our associates’ feeling of belonging at work. Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: water, outdoors and security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more. Equal Employment Opportunity FBIN is an equal opportunity employer. FBIN evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic. We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives. Reasonable Accommodations FBIN is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at fbinleave.fbhs@fbin.com and let us know the nature of your request along with your contact information. This job has been posted by IGNYTE AI on behalf of Fortune Brands Innovations. IGNYTE AI is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of IGNYTE AI not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.

Keywords: , Downers Grove , Compensation Manager, Human Resources , Buffalo Grove, Illinois