Our client is a leading not for profit organization and they have an excellent opportunity available for strong Director of Global Compensation and Benefits. This role ensures the compensation and benefits policies and practices are fair, equitable, and able to attract and retain top talent and forecast needs. The Director oversees the Compensation and Benefits team and works closely with the Chief People Officer and the wider HR team to ensure global compensation and benefits programs, and policies across the organization create a work environment where staff feel connected to the larger organization's overall vision, mission, and strategy. Will also manage key relationships with Insurance Brokers, Benefits Providers, Relocation Services, Employment Law, and Core compensation partners.
The role reports to the Chief People Officer.
Primary Duties and Responsibilities
Direct Global Compensation
Lead organization-wide salary reviews, rewards, and equity planning processes with leadership;ensure pay review practices and processes align with changes in business needs. Conduct and share the outcomes from global compensation analyses and recommend changes to attract and retain top talent.
Lead the design and execution of complex compensation projects that require a nonstandard solution, including reviewing and interpreting market data, conducting analysis, developing, and presenting an informed recommendation to key stakeholders (HR Business Partners, Senior Leaders, Executive Leaders), and supporting the implementation.
Conduct job-specific analysis to identify the skills and behaviors that drive success in executive and non-executive roles.
Collect global salary data and benchmark reports from industry sources to compare against the organization's current compensation structure.
Design competitive compensation programs considering factors like organization, size, geographic locations, and industry trends.
Lead Compensation Reviews for all Offices
Manage the annual compensation review process, including merit increases, bonuses, and executive compensation.
Oversee salary surveys;work closely with external partners to ensure data is up to date and synthesize relevant data for internal use.
Support the analysis and strategy behind the Investment Office employee compensation, including base salaries, bonuses, and other incentive structures, ensuring fair and competitive pay practices aligned with the organization's performance and market trends within the industry.
Direct Global Benefits
Lead, develop, and oversee the implementation of a competitive benefits package including leading, developing, implementing, and managing benefits strategies and execute changes to benefits policies, processes, and structures.
Recommend non-monetary programs that make the firm an employer of choice.
Monitor industry trends, legislation, and best practices to ensure programs remain competitive and aligned with the organization's mission and objectives.
Reporting and Analysis
Create customized reports, such as calculation of turnover, DEI data, FAQs, guidelines, and policy review to support the CPO, board materials, Talent Acquisition team, and external surveys.
Develop customized reports to capture and analyze HRIS data to support compensation strategies, proposals, and inquiries.
Provide payroll, market pay, equity analysis, and recommendations to the HR Leadership team every month.
Develop and maintain compensation-related databases and recordkeeping.
Vendor Management
Lead vendor management;maintain relationships with benefits vendors, including insurers, retirement plan providers, and wellness program partners;and negotiate contracts and service level agreements to ensure cost-effectiveness and quality of services.
Education, Experience, and Skills
10+ years of relevant experience in compensation and benefits strategic design, implementation, administration, and management, preferably with international/global organizations.
Bachelor's degree in Human Resources or related field.
Knowledge of the principles, methods, strategies, and techniques of compensation administration and survey management.
Experience in managing a team.
Strong project management skills, complex use of Excel.
Knowledge of applicable laws and regulations.
Strong written communication skills with the ability to communicate complex concepts and processes in an easy-to-understand manner to a diverse audience from employees to senior levels of management.
Expert in managing databases, Excel, and pivot tables, developing charts, tables, and graphs.
Ability to work independently and as part of a team, solve problems and make decisions in addition to handling sensitive employment issues in a highly professional and expeditious manner.
Experience and working knowledge of ADP, Salesforce, Tableau, and Tagetik preferred.
Ability to develop talent: Develops people to meet both their career goals and the organization's goals.
