OverviewWho we areCollaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for diverse, talented team members who want to Dream. Do. Grow. with us.To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.Who we’re looking forToyota’s Human Resources Department is looking for a passionate, and highly motivated Senior Manager, Compensation.The person in this role will be responsible for the design, operational implementation, setting policies, and ongoing evaluation of the organization’s compensation programs, including job architecture, base pay, incentive pay, variable pay, and job evaluation. This role will work with senior management to ensure that compensation strategy and programs support the organization’s business objectives and meet all legal requirements. Responsible for leveraging diverse experiences, in-depth knowledge of compensation programs, prevalent market practices and data analytics in order to help inform our compensation-related decisions that create a total rewards opportunity for our employees that is both market competitive and part of a compelling Employee Value Proposition.This role reports to the Group Manager, Compensation, and manages a team of Compensation professionals.What you’ll be doing
Manage, lead, and develop a group of analysts and managers.
Drives Compensation strategies through informed decision-making to ensure resolution of critical issues for projects or programs by collaborating with resource teams and leadership; identifying goals, assumptions, and risks, and ensuring change adaptation and sustainability.
Engages, influences, and provides concise guidance and recommendations to various audiences, including Senior Executives, Strategic HR Business Partners, People Leaders, and HR Teams.
Leads compensation-related projects which involve revision, development, and/or redesign of existing compensation programs. This would include high-level project management, partnering with appropriate internal and external resources and ensuring that projects are on-time and on budget, while achieving desired goals and objectives.
Directs, designs, and plans compensation policies and objectives. Oversees the collection of wage, salary, and incentive survey data to ensure the organization’s compensation programs/objectives attract, retain, and motivate teammates.
Leads compensation programs including job analysis and evaluation to include job grading, salary structure design and review, conducts and oversees the various compensation surveys and studies to maintain the company's competitive position within the marketplace.
Directs market pricing activities by establishing standards and reviewing the work of the compensation team.
Ensures the administration of various compensation programs are compliant with established guidelines, processes and procedures. This may include programs such as incentive compensation, sales compensation, annual merit review cycle, geographic differential, shift differential, etc.
Works closely with the benefits function to ensure that the total compensation and rewards programs are complimentary and meet the requirements needed to offer a strong Employee Value Proposition that is competitive in the marketplace.
Advises on compensation strategy, programs, and related matters while balancing business acumen, total rewards expertise, and relationship building skills.
Partners in the rollout of enterprise-wide compensation programs; and occasionally participate/lead project teams on compensation-related initiatives.
Develops relationships with total rewards industry professionals and/or organizations in order to maintain current market trends knowledge for internal use.
What you bring
Significant compensation knowledge acquired through 15+ years of work experience, including a minimum five (5) years of program and/or project management experience.
A minimum of 8 years solid experience in leading, managing and developing a high performing team.
HR, Total Rewards, and project management technologies experience that include planning, modeling and/or forecasting tools.
Strong knowledge of relevant federal, state, local laws/regulations relating to total rewards.
Very strong leadership skills and ability to influence change in complex situations, and interact with all organizational levels, including executive leadership.
Proficient in assessing risks, analyzing complex situations and determining next course of action.
Proven ability to manage internal and external confidential information with utmost discretion.
Proven ability to exercise judgment in complex situations to determine approach and direction to get alignment and buy-in before reaching a solution.
Strict attention to detail, accuracy.
Demonstrated ability to perform statistical analysis, critical thinking, and utilize database management tools to provide analysis and solutions to problems.
Proven ability to work in a fast-paced environment and balance a dynamic workload with constantly changing priorities, deadlines, and project scopes.
Proven ability to frequently interact with internal and external management and senior-level stakeholders concerning projects, operational decisions, scheduling requirements, and/or contractual clarifications.
Bachelor’s degree or higher.
Added bonus if you have
Project Management certification.
Certified Compensation Professional (CCP).
MBA or other relevant advanced degree.
What We’ll BringDuring your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:
A work environment built on teamwork, flexibility and respect
Professional growth and development programs to help advance your career, as well as tuition reimbursement
Team Member Vehicle Purchase Discount
Toyota Team Member Lease Vehicle Program (if applicable)
Comprehensive health care and wellness plans for your entire family
Flextime and virtual work options (if applicable)
Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute
Paid holidays and paid time off
Referral services related to prenatal services, adoption, childcare, schools and more
Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
Belonging at ToyotaOur success begins and ends with our people. We embrace diverse perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong. As a company that has been one of DiversityInc’s Top 50 Companies for Diversity and a member of The Billion Dollar Roundtable supporting minority and woman-owned suppliers for over 10 years, we are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business.Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.
