Director of Compensation

FM•Johnston, RI

5d•Hybrid

About The Position

The Director of Compensation (HR Senior Partner – Rewards & Compensation) influences how pay drives performance, talent, and business outcomes. FM is seeking a hands-on compensation leader to join our team as Director of Compensation. This role combines individual contribution and team leadership. You will partner directly with business leaders to guide compensation decisions while leading a small team responsible for compensation analysis and administration. The position offers meaningful influence on pay decisions, program design, and employee experience while remaining closely connected to execution. Reporting to the VP, Compensation, this individual operates with a high degree of independence and collaborates closely across Total Rewards and HR leadership.

Requirements

Bachelor’s degree in Human Resources, Business, Finance, or related field
8+ years of progressive compensation experience in a large or complex organization
Strong foundation in compensation principles, market pricing, and job evaluation
Experience advising business leaders and influencing decisions
Ability to balance strategic thinking with hands-on execution
Strong analytical skills with the ability to translate data into clear recommendations
Demonstrated ability to lead and develop others
Experience with HR systems and compensation tools (e.g., Workday, benchmarking, job evaluation, pay equity platforms)

Nice To Haves

Background in financial services or insurance
Experience designing sales compensation plans or incentive programs
Experience working in a global organization or supporting global compensation programs
General knowledge of benefits, global mobility, and executive compensation

Responsibilities

Lead the design and evolution of broad-based compensation programs, including salary structures, job architecture, and incentive plans, along with associated communication and change management
Provide subject matter expertise on market competitiveness, pay equity, and compensation practices
Align compensation frameworks to business strategy and workforce needs
Contribute to incentive and sales compensation design, as applicable
Evaluate market trends and provide practical, forward-looking recommendations
Serve as a recognized trusted advisor to business leaders, translating compensation concepts into clear, actionable guidance and representing Total Rewards for assigned areas
Consult on complex compensation decisions, including senior level offers and organizational changes
Partner with HR, Finance, and leadership to balance talent needs, cost, and market competitiveness
Leverage expertise across Total Rewards (e.g., Executive Compensation, Global Mobility, Benefits) to deliver integrated solutions
Lead and develop a small compensation team responsible for analysis and administration
Ensure effective execution of core compensation processes, including annual planning, job evaluation, and pay changes
Build team capability in analysis, stakeholder management, and business partnership
Drive consistency, quality, and continuous improvement
Use data to inform decisions, including market benchmarking, pay equity, and cost analysis
Monitor program effectiveness and recommend enhancements
Stay current on legislative and regulatory developments
Lead and support Total Rewards initiatives and cross-functional projects
Prepare materials and insights for senior leadership and governance forums