Job Description
This role manages compensation processes in alignment with the company's Total Rewards Strategy. The position is responsible for developing, implementing, and administering global compensation strategies to ensure consistency with pay practices and the global compensation philosophy. Alongside the compensation team, you will perform complex analytics and provide insights to support functional decision-making.
Responsibilities
- Develop, implement, and administer compensation programs. Ensure the effectiveness of existing practices and recommend cost-effective changes that align with compensation trends and business objectives. Present compensation data and trends in a compelling manner to support key decisions.
- Manage global compensation team members, ensuring strong performance and success. Oversee performance reviews, coaching, and development activities.
- Lead and execute annual, mid-year, and off-cycle compensation planning processes. Perform analysis, such as compensation ratios and cost impact analysis, to evaluate proposals and ensure seamless processing in payroll systems.
- Collaborate with the compensation team to perform benchmarking studies, analyze survey data, and support pay range development processes.
- Analyze compensation programs to support the Total Rewards Strategy, including salary structures and incentive plans (STI and LTI). Design pay programs that meet business needs using compensation best practices.
- Manage compliance with statutory regulations regarding minimum wages, pay ratios, and equity, ensuring adherence to federal, state, and local compensation laws. Provide guidance to business stakeholders and HRBPs on pay decisions and policy interpretation.
- Handle transactions related to compensation management, including approvals in Workday and reporting.
Minimum Requirements
Education: Bachelor's in Human Resources, Business, or a related quantitative field
Experience: 10+ years of relevant experience in compensation and human capital management, including people management
Knowledge, Skills, Abilities, and Other Attributes
- Advanced MS Office skills and familiarity with project or process management tools
- Strong collaboration, problem-solving, and influencing skills with the ability to manage ambiguity
- Strong business acumen and excellent prioritization skills
- Demonstrated leadership ability to manage and develop a diverse team
Preferred Qualifications
Education: Master's or advanced degree in Human Resources, Business, or a related field
Experience: Financial services industry experience
Certifications: CCP, SPHR, SHRM-SCP
Why You Should Join Us:
Pay and Bonuses: Earn a competitive salary. All employees are eligible for uncapped commission or annual bonus incentives.
Career Progression: Grow through paid training and development programs, including access to an in-house academy, with a promote-from-within philosophy.
Reward and Recognition: We honor great results with both informal accolades and formal company-wide awards, including all-inclusive vacations.
Tuition Assistance: Pursue a degree or coursework related to your current or desired role.
Healthcare Insurance: Comprehensive healthcare plans, fitness membership reimbursements, wellness programs, and more.
Volunteering Opportunities: Enjoy up to eight hours of paid time off each year to volunteer, plus volunteer grants and matching financial donations (up to US$ 2,500 annually).
Retirement Savings: Build your financial future with retirement savings plans and employer contributions.
New Family Support: Celebrate your new arrival with company-paid leave, flexible time, and child back-up care options.
Team-building: Engage in company-sponsored events like holiday celebrations and department outings to bond with colleagues.
Work-Life Balance: Enjoy paid holidays, floating holidays, and generous paid-time-off.
Our compensation and benefits programs are designed with an 'Employee-First Approach' to support, develop, and recognize YOU. We offer a broad range of wellness and mental health initiatives, volunteerism support, leadership training, skill-building, tuition reimbursement, and strive to provide promotion opportunities from within.