Compensation director job description
Updated March 14, 2024
8 min read
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Example compensation director requirements on a job description
Compensation director requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in compensation director job postings.
Sample compensation director requirements
- Bachelor's degree or higher in Business or related field
- 5+ years of experience in compensation, payroll, or related field
- In-depth knowledge of state and federal labor laws
- Proficiency in Excel and other related software
- Certified Compensation Professional (CCP) certification
Sample required compensation director soft skills
- Analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to multi-task and manage multiple projects
- Strong organizational skills and attention to detail
- Ability to work collaboratively with other departments
Compensation director job description example 1
Zones compensation director job description
Global Compensation Director
As the Global Compensation Director, you will drive projects and provide analysis to attract and retain the best talent in the industry. You will handle the development, implementation, communication, and administration of innovative compensation programs including job architecture, short and long-term incentives, commission plans, incentive plans, benchmarking and survey analysis, emerging trends, new technologies and compensation training. You will also handle the development of Corporate incentive bonus plans for a variety of different business units.
Key Responsibilities
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
What you'll do as the Global Compensation Director:
Own the design, delivery, and support of global compensation programs Lead strategic compensation projects such as annual compensation planning cycles, bonus processes, retention programs, M&A, etc. Assist in the short and long-term compensation strategy and execution, including, but not limited to job leveling, career-pathing, attraction, retention, reward and recognition, incentive design, communication methods, and education. Lead compensation design projects that require a broad understanding of compensation center of excellence programs (e.g. short term incentives, job architecture, long term incentives, base pay programs, salary structures, budgeting, benchmarking, etc.) Design and deliver compensation training and communication Ensure company compliance with local laws governing both compensation and benefits practices, and highlight potential issues Provide compensation consulting and support throughout the business Collaborate closely with HR Business Partners, regional leaders, and key business stakeholders to provide recommendations on day to day needs such as new hire offers, promotions, and job leveling Provide subject matter expertise and support on HR Technology projects related to compensation requirements, process, reporting, testing, and data
What you'll bring as the Global Compensation Director:
6+ years broad-based compensation experience in high tech; CCP preferred Bachelor's degree or equivalent combination of education and experience Expertise in compensation market practices, rules/regulations, and compliance Excellent communicator and influencer Able to navigate remote management/team collaboration and are comfortable with virtual communication tools Ability to analyze data, create, and share meaningful insights Innovative and naturally curious team player with skills to influence at all levels Self-starter with great organization skills and follow-through, with the ability to prioritize your workload and balance concurrent projects Ability to demonstrate confidence, credibility, and good judgment, and to take on new challenges Experience with ADP, Radford, Exactly and PayScale or similar systems/tools
#LI-KS1
#LI-Remote
As a rapidly growing global provider of IT solutions, we've expanded from Seattle to Sydney and beyond - with reach in over 80 countries around the world. Today's top brands count on Zones and our world-class partners - Microsoft, Apple, Cisco, Dell, Lenovo, and more - to transform their enterprises. To support this transformation, Zones offers products and services across four Solution Environments: Workplace Modernization, Network Optimization, Data Center Transformation, and Security Fortification.
Zones offers a comprehensive Benefits package
While we're committed to providing top-tier solutions, we're just as committed to supporting our own team. Our employees enjoy a variety of comprehensive benefits, including medical/dental/vision coverage, life insurance, a 401(k) plan with matching provision, paid time off, and much more. And as a Minority Business Enterprise, a Corporate Plus member of the Northwest Minority Supplier Development Council, and an Equal Employment Opportunity Employer, our community is just as diverse.
At Zones, work is more than a job - it's an exciting career immersed in an inventive, collaborative culture. If you're interested in working on the cutting edge of IT innovation, sales, engineering, operations, administration, and more, Zones is the place for you!
As the Global Compensation Director, you will drive projects and provide analysis to attract and retain the best talent in the industry. You will handle the development, implementation, communication, and administration of innovative compensation programs including job architecture, short and long-term incentives, commission plans, incentive plans, benchmarking and survey analysis, emerging trends, new technologies and compensation training. You will also handle the development of Corporate incentive bonus plans for a variety of different business units.
Key Responsibilities
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
What you'll do as the Global Compensation Director:
Own the design, delivery, and support of global compensation programs Lead strategic compensation projects such as annual compensation planning cycles, bonus processes, retention programs, M&A, etc. Assist in the short and long-term compensation strategy and execution, including, but not limited to job leveling, career-pathing, attraction, retention, reward and recognition, incentive design, communication methods, and education. Lead compensation design projects that require a broad understanding of compensation center of excellence programs (e.g. short term incentives, job architecture, long term incentives, base pay programs, salary structures, budgeting, benchmarking, etc.) Design and deliver compensation training and communication Ensure company compliance with local laws governing both compensation and benefits practices, and highlight potential issues Provide compensation consulting and support throughout the business Collaborate closely with HR Business Partners, regional leaders, and key business stakeholders to provide recommendations on day to day needs such as new hire offers, promotions, and job leveling Provide subject matter expertise and support on HR Technology projects related to compensation requirements, process, reporting, testing, and data
What you'll bring as the Global Compensation Director:
6+ years broad-based compensation experience in high tech; CCP preferred Bachelor's degree or equivalent combination of education and experience Expertise in compensation market practices, rules/regulations, and compliance Excellent communicator and influencer Able to navigate remote management/team collaboration and are comfortable with virtual communication tools Ability to analyze data, create, and share meaningful insights Innovative and naturally curious team player with skills to influence at all levels Self-starter with great organization skills and follow-through, with the ability to prioritize your workload and balance concurrent projects Ability to demonstrate confidence, credibility, and good judgment, and to take on new challenges Experience with ADP, Radford, Exactly and PayScale or similar systems/tools
#LI-KS1
#LI-Remote
As a rapidly growing global provider of IT solutions, we've expanded from Seattle to Sydney and beyond - with reach in over 80 countries around the world. Today's top brands count on Zones and our world-class partners - Microsoft, Apple, Cisco, Dell, Lenovo, and more - to transform their enterprises. To support this transformation, Zones offers products and services across four Solution Environments: Workplace Modernization, Network Optimization, Data Center Transformation, and Security Fortification.
Zones offers a comprehensive Benefits package
While we're committed to providing top-tier solutions, we're just as committed to supporting our own team. Our employees enjoy a variety of comprehensive benefits, including medical/dental/vision coverage, life insurance, a 401(k) plan with matching provision, paid time off, and much more. And as a Minority Business Enterprise, a Corporate Plus member of the Northwest Minority Supplier Development Council, and an Equal Employment Opportunity Employer, our community is just as diverse.
At Zones, work is more than a job - it's an exciting career immersed in an inventive, collaborative culture. If you're interested in working on the cutting edge of IT innovation, sales, engineering, operations, administration, and more, Zones is the place for you!
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Compensation director job description example 2
Equinox compensation director job description
We are currently seeking a Director, Compensation to support our People Services team at our New York City office! Equinox currently has a hybrid work plan.
The People Services team is looking to hire a highly motivated Director, Global Compensation team member. This role will report into the Vice President, Total Rewards and inspire a small team who will oversee the Global compensation programs.
The ideal candidate is analytical and possesses a curiosity to create, automate and enhance processes and procedures to positively impact how we pay our team members. Teamwork is also a key to success for this role - it will require a partnership amongst members of the People Services team (People Services Business Partners, Talent Acquisition, HRIS, Communications, L&D), Leadership, as well as between other departments (Business Leaders, Finance, Legal, IT, Payroll, etc.), in ensuring the collaboration and execution against key pillars of our Win with Talent strategy.
KEY RESPONSIBILITIES:
Lead the company's compensation programs including annual salary planning/merit increases process, salary structures, variable pay and other incentive programs to ensure alignment with company's goals, initiatives, and budget.
Create an effective and efficient compensation processes across the Group including the annual merit process, systems and data) in daily maintenance of compensation programs
Experience in designing and implementing complex performance focused compensation strategies (e.g., annual incentive score cards - measures, weightings, etc) for non-executive compensation plans/policies.
Evaluate the effectiveness of all compensation programs, policies, and guidelines to ensure they are market competitive, drive performance, aligned with corporate goals and are in compliance with company policies, federal legislation and other government and regulatory pay requirements.
Work closely with communication teams to develop and execute a comprehensive communication strategy for compensation, identifying opportunities to improve employee engagement and facilitate proactive and effective messaging.
Collaborate with business leaders as well as leadership (e.g., CFO) to ensure annual and long term incentive plans are part of performance discussions and effective in incentivizing business outcomes/goals
Support in the creation of global grading, job architecture structures and salary market reference points
Experience with designing and implementing compensation scorecards to measure the effectiveness of incentive plan for non-executive compensation plans/policies.
Experience in communicating and presenting effectively at the Executive level.
Manage a compensation professional
The People Services team is looking to hire a highly motivated Director, Global Compensation team member. This role will report into the Vice President, Total Rewards and inspire a small team who will oversee the Global compensation programs.
The ideal candidate is analytical and possesses a curiosity to create, automate and enhance processes and procedures to positively impact how we pay our team members. Teamwork is also a key to success for this role - it will require a partnership amongst members of the People Services team (People Services Business Partners, Talent Acquisition, HRIS, Communications, L&D), Leadership, as well as between other departments (Business Leaders, Finance, Legal, IT, Payroll, etc.), in ensuring the collaboration and execution against key pillars of our Win with Talent strategy.
KEY RESPONSIBILITIES:
Lead the company's compensation programs including annual salary planning/merit increases process, salary structures, variable pay and other incentive programs to ensure alignment with company's goals, initiatives, and budget.
Create an effective and efficient compensation processes across the Group including the annual merit process, systems and data) in daily maintenance of compensation programs
Experience in designing and implementing complex performance focused compensation strategies (e.g., annual incentive score cards - measures, weightings, etc) for non-executive compensation plans/policies.
Evaluate the effectiveness of all compensation programs, policies, and guidelines to ensure they are market competitive, drive performance, aligned with corporate goals and are in compliance with company policies, federal legislation and other government and regulatory pay requirements.
Work closely with communication teams to develop and execute a comprehensive communication strategy for compensation, identifying opportunities to improve employee engagement and facilitate proactive and effective messaging.
Collaborate with business leaders as well as leadership (e.g., CFO) to ensure annual and long term incentive plans are part of performance discussions and effective in incentivizing business outcomes/goals
Support in the creation of global grading, job architecture structures and salary market reference points
Experience with designing and implementing compensation scorecards to measure the effectiveness of incentive plan for non-executive compensation plans/policies.
Experience in communicating and presenting effectively at the Executive level.
Manage a compensation professional
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Compensation director job description example 3
Indiana University Health La Porte Hospital Inc compensation director job description
The Director of Compensation will design and manage all elements of compensation ensuring integration and alignment of pay with overall company goals and objectives. This lead will develop, implement, and evaluate IU Health's compensation programs, including base pay, incentive pay, and performance management programs. Collaborates with senior leadership to ensure that compensation strategy and programs support the business objectives and meet all legal requirements. Provides subject matter expertise and guidance to leaders and other professionals regarding compensation recommendations, strategy, administration, procedures and policies, and communication.
QUALIFICATIONS/KNOWLEDGE/SKILLS/ABILITIES
+ Bachelor's degree in Human Resources, Administration, related field, or equivalent years of experience required; Master's degree preferred.
+ Requires 7-10 years of relevant experience.
+ Requires previous experience, knowledge, understanding in the design, development & administration of compensation programs.
+ Requires knowledge and understanding of compensation programs and philosophies.
+ Requires experience with matrix organization and complex work environment.
+ Requires proficiency in MS office (Word, PowerPoint, Excel) and Cloud based technologies.
KEY RELATIONSHIPS:
Reports to: Vice President- Total Rewards
Direct Reports: Managers of Compensation
Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.
IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.
Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.
REQNUMBER: 334226
QUALIFICATIONS/KNOWLEDGE/SKILLS/ABILITIES
+ Bachelor's degree in Human Resources, Administration, related field, or equivalent years of experience required; Master's degree preferred.
+ Requires 7-10 years of relevant experience.
+ Requires previous experience, knowledge, understanding in the design, development & administration of compensation programs.
+ Requires knowledge and understanding of compensation programs and philosophies.
+ Requires experience with matrix organization and complex work environment.
+ Requires proficiency in MS office (Word, PowerPoint, Excel) and Cloud based technologies.
KEY RELATIONSHIPS:
Reports to: Vice President- Total Rewards
Direct Reports: Managers of Compensation
Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation's healthiest states.
IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.
Apply teamwork. Apply experience. Apply skill. Apply yourself. And together we can change everything.
REQNUMBER: 334226
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Updated March 14, 2024