About us: At Plexus, our vision is to help create the products that build a better world. Driven by a passion for excellence, we partner with leading Aerospace/Defense, Healthcare/Life Sciences and Industrial companies to design, manufacture and service some of the world’s most transformative products, including advanced surgical systems, diagnostic instruments, healthcare imaging equipment, mission critical aerospace systems, and electric vehicle (EV) charging solutions. Visit Plexus.com to learn more about our unwavering commitment to our vision.
When we invest in our people, we invest in building a better world.
With a vision rooted in the wellbeing and inclusive engagement of our team members, our customers, their end users and our communities, people are the heart of what we do and who we are. It is our values that unite us and guide us in everything that we do, including how we operate, behave and interact to foster a workplace where every team member feels valued and empowered to contribute their best.
Our values include: Growing our People, Building Belonging, Innovating Responsibly, Delivering Excellence and Creating Customer Success.
As a team member, you will engage in impactful work through global collaboration and the use of emerging technologies, join an inclusive culture where every team member is valued and working toward a greater purpose, and be empowered to reach your full potential through various development programs designed to accelerate your growth.
Plexus offers a comprehensive benefits package designed to support team members' wellbeing, including medical, dental, and vision insurance, paid time off, retirement savings, and opportunities for professional development. We also prioritize work-life balance and offer a variety of perks to enhance the team member experience. For more information, visit our US benefits website at usbenefits.plexus.com. Our commitment to pay range transparency fosters an equitable workplace, where everyone can feel valued. The annual compensation range for this position is stated below. The salary offered within this range will be based upon the geographic location, work experience, education, licensure requirements and/or skill level. Salary Range:
$129,500.00 - $194,300.00Purpose Statement: The Sr Manager - Compensation will serve as the architect of Plexus’s global rewards infrastructure. The primary focus of this role is to ensure our programs balance healthy financial performance while strengthening our EVP to attract and retain top-tier engineering and manufacturing talent.
Key Responsibilities
COE Architecture & Governance: Design the blueprint for a centralized Global Compensation COE that standardizes job architecture, grading structures, and pay-for-performance philosophies across all 7 operating countries. Standardize the annual merit, bonus, and equity cycle processes to eliminate regional inefficiencies and reduce administrative spend.
Global Regulatory Compliance & Risk Mitigation: Oversee pay equity frameworks globally, ensuring defensible, data-driven compensation structures.
Technology & HRIS Optimization: Own and optimize the tools and vendors associated with compensation data, leveraging advanced analytics to provide predictive insights on labor market trends, compression risks, and attrition costs.
Architect & Scale Sustainable Compensation Structures: Lead the design, implementation, and continuous modeling of global total rewards programs (base salary structures, short-term variable incentives, and equity allocation frameworks) that align with Plexus’s financial guardrails and strategy.
Key Skillsets & Important Competencies
Financial & Analytical Modeling: Ability to connect comp data with corporate financial metrics
Executive comp expertise
SEC disclosure & Proxy reporting understanding
Job leveling & structural design
Strategic Architecture & System Design: Proven capability to build compensation structures from scratch rather than simply maintaining legacy programs
Executive Presence & Cross-Functional Influence: Comfort collaborating with Finance, Legal, and executive leadership to align total rewards with corporate governance.
Global Acumen: Deep understanding of differing geographic rewards landscapes, including localized statutory benefits, currency fluctuation impacts on allowances, and varying regional inflation rates.
Education/Experience Qualifications:
Education: Bachelor’s degree in Finance, Economics, Human Resources, or a related quantitative discipline.
Experience: 7+ years of progressive compensation experience within a publicly traded, global manufacturing or technology enterprise.
Physical Requirements:
Professional office environment with suitable lighting, comfortable temperatures, and low noise level. May require prolonged periods of sitting at a desk, using a computer, and other office equipment. Minimal physical activity is generally involved, emphasizing the importance of good posture and ergonomic workplace arrangements.
Travel Requirements:
Less than 40%
This document does not represent a contract of employment and is not intended to capture every possible assignment the incumbent could be asked to perform.
We are pleased to provide reasonable accommodations to individuals with disabilities or special requirements. If you need an application accommodation, please contact us by email at [email protected]. Please include your contact information and clearly describe how we can help you. This email is for accommodation requests only and cannot be used to inquire about the status of applications.
We are an Equal Opportunity Employer (EOE) and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Some offers of employment are contingent upon successfully passing a drug screen and/or background check.
Plexus Corp. Chicago, Illinois, USA Office
Chicago, United States
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