Director of Compensation

Boston, Massachusetts

Ignyte AI
Job Expired - Click here to search for similar jobs

The Senior Director of Compensation & HRIS will oversee compensation practices and the system that collects and reports compensation and employment data for the University. This position will lead a team to design and implement pay strategies and practices that will attract and retain employees. This position will work closely with all leaders within BU to ensure that pay and employment data impacting pay are accurately reflected in the University's system. This position will lead team members and peers in discussions to identify HR systems that serve to attract and retain employees at the University. This position will consult with executive and senior leaders in the planning and design of compensation impact from organizational design discussions. This position will oversee annual merit and executive compensation processes and prepare compensation presentations for the Vice President of HR for the Board of Trustees, executive and senior leadership.

Compensation Duties:

  • Lead Compensation team daily to ensure compensation/HRIS services are timely and effectively delivered to the University's community
  • Executes business plans and contributes to the development of functional strategies that ensure alignment to workforce trends in compensation
  • Provides technical guidance and consultation to University constituents on compensation programs and policies
  • Lead discussions with vendor partners for salary surveys, data collection for mandated equity analyses, and annual merit discussions
  • Review and provide direction for overall compensation philosophy and compensation design
  • Oversee implementation of compensation program structures.
  • Conducts advanced reporting and modeling when necessary
  • Finalizes compensation communication and education materials for the University's community
  • Formulates, communicates and executes both functional and organizational policies and practices
  • Implements and adapts plans to meet internal and external constituents' needs that support the University's mission and complex operations

HR Information System (HRIS) Duties:

  • Lead Compensation team daily to ensure compensation/HRIS services are timely and effectively delivered to the University's community
  • Oversees administration and discussions for the University's HR Information System and adjacent system discussions (SAP Success Factors, Applicant Tracking, Onboarding, Performance Management, Enterprise Org Chart, etc.)
  • Leads discussions with Director and University leaders in discovery discussions for the University's ERP
  • Oversees the collection, reporting, and presentation (or assigned designees for presentations) of employment data
  • Presents to University executives and senior leaders on HRIS initiatives and meets with constituents on projects
  • Collaborates with IT, HR team leaders, and University constituents on projects to improve talent management, performance management, talent development, and other strategic functions for Human Resources
  • Ensures annual activities are successfully managed (annual Dept. of Labor (DOL) surveys; sate equity pay analysis, annual merit process, compression analysis, etc.)

KEY RESPONSIBILITIES/ESSENTIAL FUNCTIONS

  • Supervise the Director of Compensation and HRIS and lead both teams (30%)
  • Meet with University constituents to advance compensation and HR system strategies and practices (20%)
  • Lead HRIS discussions with Director to procure and enhance HR systems for the University (20%)
  • Collaborate with BUHR leaders, HR liaisons, and University leaders to improve the new hire experience (20%)
  • Ensure that team goals are met and team leaders receive appropriate development and support (10%)
  • Other duties as assigned by the VPHR and other senior leaders as requested (5%)

JOB SPECIFICATIONS: KNOWLEDGE/SKILLS/ABILITIES

Qualifications

Bachelor's degree with 10 years of compensation and HR systems experience, or any combination of education and experience. Master's degree preferred, as well as Higher education compensation and HR systems experience. Certificate in Compensation is highly desirable.

Skill requirements :

Excellent presence, communication skills, and extensive collaboration and influential skills are required. HR acumen in areas of compensation, HR systems, and pay practices for managing talent are required, as well as the ability to collect and report compensation and employment data. Must possess presentation skills to meet with diverse audiences. Consultative and facilitative leadership style is necessary. Knowledge of SAP and HR systems is required.

Interpersonal skills:

Excellent communication and presentation skills; strong facilitative style with demonstrated ability to develop a culture of awareness for compensation and employment data practices. Ability to manage conflict with high diplomacy and tact, to work with a diverse set of stakeholders and to interact with all levels of senior management.


Working Conditions or Additional Requirements (include special requirements, e.g., lifting, travel, overtime) functions occur simultaneously, therefore, the employee must be able to appropriately handle each essential function, prioritize them and seek assistance when necessary. These functions need to be performed on a consistent and regular basis, using good judgment. Frequently stand for long periods of time; ability to read on a computer for extended periods of time. Ability to sit for extended periods of time.

THIS DESCRIPTION IS NOT INTENDED TO BE A COMPLETE STATEMENT OF JOB CONTENT, BUT RATHER TO SERVE AS A GENERAL GUIDE TO THE ESSENTIAL FUNCTIONS OF THE POSITION. BOSTON UNIVERSITY RETAINS THE DISCRETION TO ADD TO OR CHANGE THE DUTIES OF THE POSITION AT ANY TIME.


Date Posted: 27 March 2024
Job Expired - Click here to search for similar jobs