Director, Global Compensation
1 week ago
Who We Are:
At Avnet, relationships matter. We are a global, FORTUNE
500 technology distributor and solutions company that delivers design, supply chain and logistics expertise to customers at every stage of a product's lifecycle.
Our employees have a front row seat to the latest innovations shaping the world we live in and the future we share.
We're driven to help our customers around the world succeed and we do so by earning the trust of some of the biggest names in technology.
Working at Avnet means being a part of a global team. We work collaboratively and with integrity, doing business the right way.For more than a century, we have partnered together to help our customers, suppliers and teammates realize the transformative possibilities of technology.
Experience what's next at AvnetJob Summary:
The Director, Global Compensation reporting to the Vice President, Global Total Rewards will
lead a seasoned global team of compensation professionals, and orchestrate the design,
program management and implementation of all areas of compensation across the company.
This includes, broad-based compensation strategy and international compensation. The position
will partner closely with business leadership to develop compensation programs aimed at
attracting and retaining the company's global workforce of 15,000+ employees in more than 40
countries around the world.
Principal Responsibilities:
Designs and develops compensation plans and policies by evaluating cost
competitiveness and program effectiveness and alignment with the total rewards
philosophy
Designs and administers compensation programs that include broad-based
compensation and incentive compensation
Administers and maintains the company's global job architecture and conducts job
evaluations and market analysis to determine appropriate salary ranges globally
Monitors and benchmarks the marketplace to determine organization's competitive
position
Manages and administers the company's global annual processes with regards to
Annual Pay Review and Long Term Incentive Program.
Researches and shares emerging trends in compensation methodology and philosophy
Manages the relationship with external vendors, monitoring service level metrics and
enforcing contractual obligations
Responsible for budget forecasting and trend analysis
Supports M & A activity by assessing and managing compensation integration
Provides HR and management with ongoing consultation, and develops and designs
plans, programs, processes and tools which effectively manage competitive and
compliant programs
Works closely with senior leadership to oversee the implementation and communication
of compensation policies and programs
Leverages global scale for technology, contracts and application of best practices
Provides guidance, advice and training to HR, leaders and team members on
compensation plan design, administration and operations
Monitors and benchmarks the marketplace to determine organization's competitive
position
Ensures organization compliance with applicable laws and government regulations
Other duties as assigned
Job Level Specifications:
Provides leadership and direction through managers and senior managers. Accountable
for the performance and results of a major function that has cross-organizational impact
and is comprised of multiple departments and/or teams.
Establishes policies appropriate for the function. Interprets and recommends
modifications to enterprise-wide policies and practices. Adapts and executes functional
business plans and contributes to the development of functional strategies. Responsible
for efficient utilization of significant resources within the function.
Objectives are defined in collaboration with senior management and results assessed
with a long-term perspective. Decisions are guided by functional strategy and priorities.
Collaborates with senior management and others concerning matters of significance to
the company. Routinely conducts briefings for senior management and/or key external
contacts. Influences senior management or customers/clients.
Decisions likely have serious impact on the overall success or failure of a function.
Erroneous decisions or recommendations result in critical delays or modifications to
company objectives and cause long-term harm to business operation
Work Experience:
Typically 10+ years including 5+ years of management experience
Education and Certification(s):
Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.
Distinguishing Characteristics:
CCP preferred
What We Offer:
Our employees work hard to live our values and help us grow.
Our total rewards strategy supports Avnet's ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment.
We offer competitive compensation and benefit programs - from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.
Generous Paid Time Off401K and Pension Plan
Paid Holidays
Family Support (Paid Leave, Surrogacy, Adoption)
Medical, Dental, Vision, and Life Insurance
Long-term and Short-term Disability Insurance
Health Savings Account / Flexible Spending Account
Education Assistance
Employee Development Resources
Employee Wellness, Leadership Development and Mentorship Programs
Benefits listed above may vary depending on the nature of your employment with Avnet.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills.
Avnet is an Equal Opportunity Employer committed to providing equal opportunities to all employees and applicants for employment without regard to race, color, religion, ancestry, national origin, sex (including pregnancy), age, marital status, sexual orientation, gender identity or expression, disability, veteran status, genetic information or any other characteristic protected by law.
This policy of non-discrimination also applies to religious dress and grooming practices.Avnet will accommodate employee religious dress standards and grooming practices that do not result in undue hardship for the Company.
If you are interested in applying for employment with Avnet and need special assistance or an accommodation to apply for a posted position contact our Human Resources Service Center at#J-18808-Ljbffr
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