Fortune Brands Hiring for Compensation Manager at Deerfield, Illinois Full Time

At Fortune Brands Innovations, we believe that our innovation and success are fueled by the passion of our people and the strength of our teams. Together, we work to fulfill dreams of home by aligning around common goals, being agile in the face of change, holding ourselves accountable, and acting with integrity and transparency. We succeed when everyone belongs and strive to build a Home for All where all associates can be their true, authentic selves at work. Learn more about our culture here.

Job Description

As the Compensation Program Manager, you will be a key member of our global compensation team responsible for managing the executive compensation programs along with some involvement in key broad-based compensation programs such as annual bonus, sales incentives, and recognition. You will have one direct report and work closely with the Global Compensation team, HR, Legal and Finance teams to support Fortune Brands Executive and Broad Base Compensation Strategy.

The ideal candidate will have a bachelor’s degree and 7+ years compensation experience at a large corporation or consulting firm, 2+ years direct experience in executive compensation or equity administration and has some experience managing an individual or team.

This is a hybrid rolethat can be based in our Deerfield, IL or North Olmsted, OH offices. You will work in the office on Tuesdays, Wednesdays, and Thursdays while having the ability to work from home on Mondays and Fridays.

What you will be doing:

• Manage the development, implementation, communication and administration of the company s executive compensation and equity programs.
• Effectively interface with key business partners, payroll, accounting, tax, financial reporting, human resources, legal, and external vendors.
• Develop equity budgeting approach, provide modeling, monitor and forecast equity usage including burn rate and other dilution analyses.
• Develop policies and procedures to insure the achievement of compliant, equitable and competitive executive compensation.
• Manage the preparation of materials for the Compensation Committee of the Board of Directors. Develop and present analyses to senior leadership in preparation for committee meetings.
• Maintain a working knowledge of global regulations and practices influencing compensation and benefits, including compliance, reporting and disclosures.
• Stay updated on latest trends and intelligence to inform competitive positioning of Fortune Brands compensation programs and practices.
• Understand and apply tax regulations, Labor and Securities and Exchange Commission laws, financial reporting requirements such as 409A and 162m, and all other regulatory requirements.
• Collaborate with the Senior Director of Global Compensation, the VP of Total Rewards, Legal, Finance and external consultants to deliver FBIN s annual proxy statement, as well as other related disclosures.
• Ensure the design and administration of compensation programs are in compliance with internal governance guidelines and understand the global and in-country implications of executive compensation and equity compensation.
• Coordinate and closely collaborate with the global compensation, executive talent and executive recruiting teams on all executive compensation recommendations and actions.
• Manage FBIN Incentives programs including Annual Incentive plan, Sales Incentives, and Production/Hourly population incentives.
• Compensation Business Partner for specific business groups
• Manage FBIN Recognition program including policy development, technology and vendors management as well as program administration.
• Project lead for equity programs and deployment, review program processes and participate in core compensation program workstreams as needed.
• Provides input and assistance during M&A activities.

Qualifications

• Bachelor s degree
• 7+ years of relevant compensation experience either at a corporation or consulting firm
• 2 years of direct executive compensation or equity administration experience.
• 1+ years of people management experience
• Strong proficiency in Excel and Powerpoint

Preferred Qualifications:

• CECP, CEP, ECA or CCP Certification
• Experience with Equity Administration systems (UBS, Fidelity )

Additional Information

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: Plumbing, Doors 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 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.

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 and let us know the nature of your request along with your contact information.