VP, Compensation

Saks • San Francisco, CA

1d • Onsite

About The Position

The Vice President, Compensation is a strategic and hands-on leader responsible for designing and executing a cohesive compensation strategy across the Saks Global portfolio of brands. Balancing creativity with analytical rigor, this leader operates as both a strategic architect and pragmatic problem solver—translating business complexity into simple, scalable, and globally aligned pay solutions. The VP ensures compensation programs reinforce performance, profitability, and the company’s commitment to the employee experience.

Requirements

• Bachelor’s Degree
• 12+ years of progressive compensation experience, including leadership of global or enterprise-scale programs
• Deep expertise in compensation, job architecture, and incentive design
• Proven ability to develop and execute compensation strategies that balance competitiveness, cost management, and internal equity
• Strong business and financial acumen, with the ability to translate analytics into actionable insights
• Exceptional communication and influencing skills; able to present complex concepts to senior executives
• Experience managing and developing high-performing teams
• Comfortable to work up to 4 days a week in our NYC office

Nice To Haves

• Experience advising board level Compensation Committees, including preparing materials, insights, and recommendations
• Experience in the luxury retail, fashion, or consumer sectors
• Familiarity with Workday or similar HRIS and compensation planning systems
• Advanced degree or certification

Responsibilities

• Lead the global design, governance, and delivery of compensation programs spanning executive, corporate, retail, and global populations
• Advise stakeholders on pay philosophy, competitiveness, equity, and compliance
• Partner with People Business Partners and business leaders to align compensation with business priorities
• Solve complex organizational and market challenges through analytical insight, market best practices and business acumen
• Simplify and scale compensation processes, systems, and tools to enable agility and data-driven decision-making
• Oversee market intelligence and benchmarking to inform strategic decisions
• Build and lead a high-performing team that demonstrates partnership, operational excellence and accountability

Benefits

• medical insurance
• dental insurance
• vision insurance
• 401(k) retirement plan
• basic life insurance
• supplemental life insurance
• disability insurance
• a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance)

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 1,001-5,000 employees