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Head of Compensation

ExecuNet

This is a Full-time position in Lewisville, TX posted July 3, 2021.

Required
Direct/Manage/Supervise the organization’s compensation philosophy and programs, ensuring alignment with business goals and strategies.

Plan, develop, and implement compensation programs that are internally equitable, externally competitive, aligned to Company goals, and legally compliant.

Make recommendations regarding salary grades and market rates for specific jobs or functional areas.

Design and develop incentive programs.

Manage the annual review process, including job evaluation, base pay and incentive plan review, merit budgets, etc.

Oversee annual compensation survey participation, benchmarking process, and data analysis.

Research best compensation practices in the market.

Work with leaders across functional areas on shared initiatives.

Make strategic decisions based on company goals and objectives.

Develops guidelines, processes, and procedures Compensation function and the business.

Responsible for resource allocation, including budget and personnel.

Responsible for hiring, firing, performance appraisals, and pay reviews.

Extensive business knowledge with comprehensive understanding of the organization and functional area.

Advanced leadership skills.

Leadership Decision Making
– Makes day-to-day leadership decisions by securing and comparing information from multiple sources to identify issues; commits to an action after weighing alternative solutions against important criteria; effectively communicates decisions to the appropriate people and teams and holds them accountable.

Drives results.

Coaching & Building Talent
– Achieves results through other leaders by empowering them and providing feedback, instruction and development (coaching the coach) to develop their own associates; plans and supports the growth of individual skills and abilities in preparation for their next role (building bench); focuses on retention of high performers.

Delegation
– Successfully shares authority and responsibilities with others to move decision making and accountability downward through the organization while accomplishing strategic priorities; maintains personal ownership of outcomes without excessive involvement.

Leading Teams
– Inspires and sustains team unity and engagement by developing, motivating, and guiding the team to achieve results together through productive relationships and work.

Executive Communication
– Clearly and succinctly conveys information and ideas; communicates in a focused and compelling way that captures and holds others’ attention (appropriate, impactful, and clear).

Program/Project Management
– Demonstrates high accountability and responsibility for projects and programs from inception through completion/implementation; manages budget and resource planning and awareness to ensure maximized output, reduced waste and exceptional results.

Develops a compensation philosophy that assists the organization in meeting its business objectives.

Reviews and approves salary structures and budgets for incentive plans or salary increase cycles.

Determines effectiveness of current compensation programs in motivating and retaining employees, and in driving employee performance.

Identifies and responds to trends in total rewards packages through review and analysis of market data and compensation surveys.

Ensures that all compensation-related activities are in compliance with applicable regulations and standards.

Company Required License / Certification: CCP Desired Desired Work Experience 10 or more years Desired Education Bachelors Degree or Equivalent Experience Finance / Accounting Other Preferred Knowledge, Skills and Abilities
Must be highly proficient in using MS Office products (Excel, Access, Word, PowerPoint).

Must have advanced mathematics skills and be able to write complex formulas.

Proficiency using Workday HCM to manage and administer compensation programs.

Excellent analytical, problem solving, and communications skills.

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