Novolex is a North American leader in superior packaging and sustainability. Novolex’s leadership in packaging is a direct representation of its innovation, d
Compensation Manager
Location
United States
Posted
133 days ago
Salary
$115K / year
Seniority
Lead
Job Description
Compensation Manager
Novolex
Company Overview Why Choose Us? Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs. Our Sustainability Commitment The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives. Job Description Summary: The Compensation Manager is responsible for supporting the design, implementation, and administration of Novolex’s compensation programs. The Compensation Manager partners with HR Business Partners, Talent Acquisition, and internal stakeholders to deliver data-driven, consistent, and equitable compensation recommendations. **This role is remote-based, with a preference for candidates located near our Lake Forest, IL or Charlotte, NC offices. Compensation: A reasonable estimate of the current range is $115,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program. Essential Functions & Key Responsibilities: Compensation Strategy & Program Management - Partner in the development, delivery, and ongoing maintenance of base pay structures, salary ranges, and job architecture frameworks. - Conduct market analysis using industry salary surveys; benchmark roles to ensure competitive and equitable pay practices. - Support the design and administration of annual compensation cycles (merit, promotions, market adjustments, and incentive programs). - Lead compensation program updates, including communication, process improvements, and system enhancements. - Present compensation recommendations and insights to leadership in a clear, data-driven manner. Job Evaluation - Conduct job evaluations for professional and management level roles and determine appropriate job levels and salary grades. - Ensure consistency and compliance with compensation policies, job leveling guidelines, and organizational frameworks. - Partner with HR and business leaders to review role changes, reorganizations, and workforce planning needs. Analytics & Compliance - Perform complex compensation analysis using internal data and market insights to identify trends, risks, and opportunities. - Ensure compliance with applicable federal, state, and local wage and hour laws, including FLSA classification. - Maintain data integrity across HRIS and compensation systems; partner with HRIS to support compensation-related system updates. Process Leadership & Continuous Improvement - Lead compensation-related projects (e.g., market studies, job architecture refresh). - Develop compensation tools, guides, and communication materials for HR and business leaders. - Recommend process improvements to enhance efficiency, accuracy, and employee experience. Candidate Requirements: - Bachelor’s degree in Human Resources, Business, Finance, or related field (preferred) - 5+ years of progressive compensation experience, including experience with job evaluation, salary surveys, market pricing, and compensation program administration. - Strong analytical skills with demonstrated proficiency in compensation modeling and data analysis. - Experience administering annual merit cycles and compensation programs. - Proficiency in Excel and HRIS/compensation systems (e.g., Workday, SuccessFactors, AON/Radford). - Strong understanding of FLSA regulations, compensation compliance requirements, and market pricing methodology. Preferred - Experience with Workday-Advanced Compensation Module - CCP certification (or progress toward CCP). - Experience supporting multi-state or global compensation programs. #LI-TM1 Company Benefits What You'll Get From Us Benefits With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work. Community Engagement At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work. Training and Development We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization. Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact myHRservices@novolex.com. Formerly Pactiv Evergreen
Job Requirements
- Bachelor’s degree in Human Resources, Business, Finance, or related field (preferred).
- 5+ years of progressive compensation experience, including experience with job evaluation, salary surveys, market pricing, and compensation program administration.
- Strong analytical skills with demonstrated proficiency in compensation modeling and data analysis.
- Experience administering annual merit cycles and compensation programs.
- Proficiency in Excel and HRIS/compensation systems (e.g., Workday, SuccessFactors, AON/Radford).
- Strong understanding of FLSA regulations, compensation compliance requirements, and market pricing methodology.
- Preferred
- Experience with Workday-Advanced Compensation Module.
- CCP certification (or progress toward CCP).
- Experience supporting multi-state or global compensation programs.
Benefits
- 401(k) plan with company match.
- Comprehensive medical, dental, and vision insurance.
- Flexible spending and health savings accounts.
- Paid vacation and sick days.
- Paid parental leave.
- Paid holidays and wellness program.
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