Senior Director – Compensation

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Collaborate with senior executives and HR leadership to oversee the compensation philosophy and associated strategies.

• Manage base and variable pay plans and programs, including the annual merit planning cycle.

• Conduct research, analyze data, and monitor trends to provide recommendations for enhancements.

• Administer the long-term incentive program, including modeling, grant and vesting events, and communication efforts.

• Offer oversight and assistance to the Compensation Manager in the administration of annual incentive plans.

• Oversee the organization's global mobility and relocation programs.

• Supervise the job evaluation process to ensure accurate classification and compensation of positions.

• Engage in market surveys, analyze data, and aid in managing salary structures.

• Provide guidance and act as a collaborative resource partner to management, Human Resources, and Talent Acquisition.

• Align compensation strategies with performance management systems.

• Develop metrics and criteria for performance-based pay to ensure that reward systems are equitable, transparent, and aligned with compliance and governance.

• Monitor applicable laws, regulations, and trends pertaining to compensation practices.

• Ensure that programs comply with legal standards and are regarded as best or leading market practices.

• Communicate compensation policies, programs, and changes effectively to employees.

• Analyze compensation data, metrics, and trends to evaluate the effectiveness of current programs and identify areas for improvement.

• Generate reports for management and executives, offering insights and recommendations.

• Manage the compensation department budget, ensuring that compensation programs are fiscally responsible and align with budget expectations.

• Oversee executive perks, including supplemental insurance, financial planning, severance, and other programs.

• Prepare and/or review meeting materials and compensation analytics for the Human Resources Committee.

• Lead the team responsible for planning and executing all compensation-related programs and activities.

⛳️ Requirements

• A Bachelor's Degree in Human Resources, Business Administration, or a related field is required.

• A minimum of 10 years of relevant experience in Compensation and/or Human Resources is required.

• At least 5 years of experience in a supervisory or management role is necessary.

• Certified Compensation Professional (CCP) designation and/or Society for Human Resource Management (SHRM) certification is preferred.

• Knowledge of legal, financial, accounting, tax, and regulatory impacts on compensation, benefits, and global mobility matters.

• Develops departmental policies, practices, and procedures that significantly impact the organization.

• Ability to meet time-sensitive deadlines while maintaining strict confidentiality of information at all times.

• Capability to foster collaboration and teamwork.

• Exceptional oral and written communication skills, with the ability to engage with the Board of Directors, Executive Leaders, and the employee population.

• Strong analytical and mathematical skills.

• Intermediate to advanced knowledge and skills in Excel.

🏝️ Benefits

• Medical, dental, and vision coverage.

• Paid time off.

• Disability insurance.

• 401(k) with company match.

• Life insurance.

• Additional voluntary supplemental insurance coverages.

• Parental leave.

• Adoption assistance.

• Tuition assistance.

• Employer/partner discounts.