Compensation Director
What You Will Do
- Background in Finance, Tech, or Fintech highly preferred
- Compensation Strategy Development: Develop and execute compensation strategies that support the company’s business objectives, promote employee retention, and ensure competitive pay practices.
- Market Analysis: Analyze industry compensation trends and benchmark data to ensure the company’s compensation structure remains competitive.
- Policy and Program Management: Oversee the design, implementation, and management of compensation programs, including base pay, bonus structures, stock options, and incentive programs.
- Salary Structure Development: Create and maintain salary structures and guidelines for all job levels within the organization to ensure internal equity and external competitiveness.
- Budget Management: Manage compensation budgets, forecasting future compensation expenses, and making recommendations for cost-effective and performance-driven compensation solutions.
- Employee Communication: Educate employees and management about compensation policies, programs, and practices.
- Collaboration with Leadership: Partner with senior management and HR leadership to align compensation strategies with company goals and business needs.
- Legal Compliance: Ensure compensation programs comply with federal, state, and local compensation laws and regulations (e.g., Fair Labor Standards Act, Equal Pay Act, etc.).
- Data Analytics: Use compensation analytics and reporting tools to track compensation trends, evaluate program effectiveness, and provide insights to senior leadership.
- Employee Engagement and Retention: Work with HR and leadership to ensure compensation strategies are aligned with employee engagement, retention, and satisfaction goals.
The SR Group (US), Inc. is acting as an Employment Agency in relation to this vacancy.
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