Director of Compensation

Acrisure•Philadelphia, PA

31d•Onsite

About The Position

The Director of Compensation plays a strategic role in creating fair, transparent, and competitive compensation strategies that align with the company's context - merger and acquisition activity, high degrees of organizational change and business-line complexity and diversity. This involves carefully assessing critical talent segments to maximize the impact of the money (compensation) the organization spends on attracting and retaining talent.

Requirements

Bachelor's degree in Human Resources, Organizational Psychology, Business Administration, or a related field.
12+ years of professional experience with 8+ years of progressive experience in compensation management in organizations with employee populations of ≥5,000 and a diverse portfolio of business units
5+ years of experience managing a team of compensation professionals
Proven track record of developing and implementing successful compensation programs.

Nice To Haves

Certification in compensation management (e.g., CCP) or related field.
Experience in a high-growth environment, enabling the rapid maturing of organizational compensation practices.
Expertise in compensation analysis and benchmarking tools.
Strong analytical skills with proficiency in Excel and data visualization tools.
Familiarity with HRIS and compensation management systems, ideally Workday and PayFactors.
Strong knowledge of compensation trends, practices, and regulations.
Strong knowledge of job evaluation methodologies and salary survey participation.
Analytical thinker with a collaborative approach to problem-solving.
Demonstrated ability to analyze data and present insights to influence senior leadership.
Exceptional communication skills, both written and verbal, with the ability to convey complex information clearly.
Ability to build strong relationships with stakeholders across the organization.
Strong leadership skills, capable of inspiring and engaging effective teams.
Demonstrated integrity, accountability, self-awareness and strong work ethic.

Responsibilities

Collaborate and provide subject matter expertise in the administration of compensation activities to include, but not be limited to, annual salary review programs, compensation survey analysis and management, policy and procedures development, and ongoing compensation and total rewards education for managers and team members.
Analyze trends in compensation-related strategies and regulatory changes to inform strategic decision-making.
Lead market analysis and benchmarking activities.
Oversee the design and maintenance of job architecture strategies, including the analysis and integration of acquired organizations' structures.
Performing regular audits of compensation practices to ensure compliance.
Generating reports on compensation data, trends, and performance.
Working with HR, finance, and other departments to ensure a coordinated approach to compensation.
Implement and manage compensation management systems and related technologies.
Provide leadership and direction to compensation professionals aligned with the respective business units and/or talent segments and ensure optimal compensation consulting and support services are available.
Effectively utilize competitive intelligence and market data to proactively address compensation challenges that impact the business and maintain a long-term vision and planning perspective.
Provide guidance and support to HR business partners and managers on compensation-related inquiries and decisions.
Manage a team of compensation professionals - set clear expectations, provide feedback, conduct performance reviews, and address challenges, as well as foster a positive and productive work environment.
Keep current with emerging trends and best practices in the field of compensation by attending conferences and events, reading industry publications, and engaging with professional networks.
May collaborate with Leadership to design and administer an Executive Compensation program.
May collaborate with HR and leadership teams to design short and long-term incentive programs that motivate employee engagement and performance.

Benefits

Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume