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  • Performance & Reward Specialist

    KONE, Inc (Lisle, IL)



    Apply Now

    Founded in 1910 _,_ KONE (https://www.kone.com/en/) is a global leader that provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization that add value to buildings throughout their life cycle. Our mission is to improve the flow of urban life and make our world’s cities better places to live by providing innovative solutions that help make people’s journeys safe, convenient and reliable. Our operations in over 60 countries around the world has helped us achieve our position as an innovation and sustainability (https://www.kone.com/en/sustainability/) leader with repeated recognitions by Forbes (https://www.forbes.com/companies/kone/?sh=3dd0aa0b7d27) _,_ Corporate Knights for clean capitalism and others.

    JOB OVERVIEW

    Are you ready to make your next career move to join our team as our **Performance & Reward Specialist** for KONE Americas in KONE Lisle, IL?

     

    + Do you enjoy customizing and developing materials and programs, while also collaborating and working with various teams ((Performance & Compensation, Global Performance & Reward COE)?

    + Does managing compensation related activities to deliver with company goals and objectives motivate you?

    + Do you thrive in areas where you lead projects using approved project methodology to ensure the delivery of results according to plan, timelines and expectations?

    + Are you skillful with technological tools such as MS Office – Advanced Excel, PowerPoint, Outlook, Teams, etc)?

    + Do you demonstrate a passion for quality and results?

    + Are you customer-driven and demonstrate outstanding attention to detail?

     

    If you answered a resounding **YES** to these questions, then we have an amazing opportunity for you!

     

    **Location of position:** Lisle, IL

    JOB DUTIES

    _Compensation management, in its essence, requires meticulous attention to detail and a proactive approach to aligning practices with industry benchmarks. This entails fostering transparent communication with stakeholders, ensuring equitable salary distributions, and implementing strategies that support both immediate and long-term organizational objectives._

     

    As our **Performance & Reward Specialist** , you will be responsible for leading the local development, implementation, communication, change management, and administration of variable compensation, fixed compensation activities, processes, guidelines, policies, and programs. You will be the main point of contact for collaboration with Unit P&Cs and P&C Process specialist in regards on business-as-usual processes as consultant. (E.g. Comp options for business and job evaluations, annual processes, other). This role reports directly to the Manager of Performance & Reward Americas and is a key member of the Americas Performance and Reward Center of Expertise (COE). You will participate in and/or lead key projects to ensure the execution of the Annual Operating Plan and annual global/local processes.

     

    You will bring 2+ years of progressive and successful broad-based compensation experience including annual compensation processes (Merit process, allowances, variable compensation plan calculation, etc.) to KONE. You will use the knowledge gained through your bachelor’s degree in business administration, Actuarial degree, accounting, statistics, or a related field.

     

    A Day in the Life as a Performance & Reward Specialist includes:

    Compensation Management

    + Execute day-to-day management of compensation related activities, global and local initiatives and improvements to deliver against company goals and objectives.

    + Customize and develop materials for Performance & Compensation, educates, consults and administers global compensation processes, and programs in collaboration with the Global Performance & Reward COE.

    + Conducts job evaluations for assigned area(s) to determine appropriate grade and salary assignments using the Mercer IPE methodology.

    + Owns the US Job classification code table to determine FSLA status to be shared with Recruiters and Unit P&Cs.

    + Conducts research and analyzes relevant external market data and conditions as well as internal data; identifies trends; prepares reports and recommendations for management based on the research conducted. Ensures current practices and policies align to market best practices. Serves as an internal resource to P&C for compensation research and analysis.

    + Advises Unit P&C , Talent Acquisition and People Leaders on compensation matters including external and internal offers, promotions, equity, incentive and other related recommendations and changes. Partner with Finance to ensure accurate accrual and payment of compensation programs. Supports mobility to ensure international assignees and other cross-border employees’ salaries are aligned appropriately.

    **Variable Compensation:** Leads variable compensation, including the KONE Global Bonus Plan in North America, allowances and other monetary rewards. Propose leaner processes, coordinates assignments, updates rule, ensures data quality, and performs calculations. Partners with Global Performance & Reward COE on bonus projects. Collaborates with Leadership and Finance to design local incentive plans. Trains management and HR, consults P&C colleagues, reviews budgets, and prepares analysis for approval.

    **Project Management** : Leads projects in assigned area using approved project methodology ensuring delivery of results according to plan, scope timelines and expectations. Prepare a plan, development of materials needed and communication and change management plans ensuring a proper execution coordinating efforts with the P&C process specialist. (Example: DE&I, Salary GAPs, pay equity analysis, other needed in the operating plan under his scope).

    **Local Process Support:** Acts as local support for other related Performance & Reward related annual processes for assigned areas in conjunction with peers, Unit P&C and P&C Shared Services. Communicates and trains management, employees and other P&C departments on the process, guidelines and tools, provides guidance; consults with Unit P&C and Management; reviews and monitors proceses, budgets; prepares final analysis and assists process lead on presentation for approval to management. Create and review communication and change management plan, develop communication materials and edit local communications in coordination with the HR Process specialists.

    **Delivery Operations Support:** Contribute to the overall successful delivery of P&C services to customers as a part of the Area Performance & Reward COE. Provide support to P&C Shared Service Center regarding the resolution of compensation issues; acts as escalation point for the most complex reward related questions and requests that cannot be handled by shared services.

    OTHER REQUIREMENTS:

    The ideal candidate should have hands-on experience with HRIS systems (preferably Workday) and be familiar with Mercer compensation methodologies and job evaluations. They must demonstrate strong project management and organizational skills, with the ability to manage multiple priorities and stakeholders across all levels. Proficiency in advanced Excel and other MS Office tools is essential, along with excellent written and verbal communication skills, including presenting to senior leadership. The role requires someone who is proactive, able to work independently under pressure, and skilled in problem-solving and root cause analysis. Cross-functional and cross-cultural collaboration is key, and bilingual fluency in English and Spanish and/or French is preferred.

     

    About KONE

     

    At KONE, we foster an innovative and collaborative culture, valuing each individual's contribution. Employee engagement and sustainability are key focuses, promoting ethical practices and mutual respect. We're proud to offer experiences and opportunities to help you achieve career and personal goals while maintaining a healthy work-life balance.

    We hire individuals who value culture because we believe culture drives innovation

    + We value your authentic self.

    + Collaborative, creative, and supportive work environment.

    + Passionate about safety, quality, and innovation

    + We care about the communities where we live and work.

    Just some of our many benefits include:

    + Competitive salary

    + Flexible work schedule

    + Opportunities to learn and grow

    + 401K Employer Match

    + 401k Employer Non-elective Contribution

    + Well-being Program

    + Medical, Prescription, Dental and Vision Insurance

    + Digital Health Solutions & Telehealth

    + Health Savings Account (HSA)

    + Flexible Spending Accounts (FSAs)

    + Employee Family Assistance Program (EFAP)

    + Family & Medical Leave

    + Parental Leave

    + Leave to Care for a Domestic Partner

    + Paid Time Off & Holidays

    + Company Paid Life and AD&D Insurance

    + Supplemental Life and AD&D Insurance

    + Company Paid Short-term and Long-term Disability

    + Buy-Up Long-term Disability

    + Critical Illness Insurance

    + Hospital Indemnity & Accident Insurance

    + Identity Theft Protection

    + Legal Insurance

    + KONE Credit Union

    + Tuition Reimbursement

    + Commuter Benefits

    Annual Base Pay Range:

    The hiring range for this role is $90,300 – $124,190. The compensation package offered will depend on their ability to meet the requirements of the role and a range of factors unique to each candidate, including their skill set, years and depth of experience, certifications, and location.

     

    Variable Compensation

     

    KONE Annual Bonus plan at 10% Target Incentive (50/50) based on achievement of company goals and individual goals.

     

    Come share your passion and energy to make a positive impact at KONE for our customers and your career (https://kone.wd3.myworkdayjobs.com/en-US/Careers) !

     

    *Beware of Recruitment Scams!* (https://www.kone.us/about-us/careers/)

     

    _We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class._

     

    Read more on _www.kone.com/careers_

    \#LI-JC1

    \#IND123

    _At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life._

     

    Read more on _www.kone.com/careers_

     

    Did you know KONE moves two billion people every day? As a global leader in the elevator and escalator industry, we employ over 60,000 driven professionals in more than 60 countries worldwide joined together by a shared purpose, to shape the future of cities. In 2023, we had annual net sales of EUR 11.0 billion.

     

    We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

     


    Apply Now



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