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Compensation Strategist
1 month ago
At Avanos Medical, we are seeking an experienced Associate Director, Compensation to join our team. This role will be responsible for developing and implementing comprehensive compensation strategies that align with the company's business objectives and support a high-performance culture.
Key Responsibilities:
- Oversee compensation day-to-day operations and provide support to HR leaders, business partners, and vendors as needed.
- Collaborate with leadership to understand compensation-related challenges and key issues in attracting, motivating, and retaining top talent.
- Define and communicate compensation philosophy, architecture, and related programs.
- Work closely with the Compensation Committee of the Board of Directors to ensure governance of the Company's Compensation and Rewards programs.
- Validate the effectiveness of compensation programs, ensuring market competitiveness and business objectives are achieved.
- Manage compensation projects from design through delivery, including budgeting, financial modeling, project planning, developing systems and tools, communication, and training.
- Work closely with finance partners to ensure effective decision-making, budget, and execution of all compensation plans.
- Conduct internal training and communication on current and changing compensation and programs.
- Manage the design, development, implementation, communication, and administration of leave of absence programs.
- Remain current on industry trends, best practices, and compliance.
- Oversee the management of long-term incentive programs.
Requirements:
- Bachelor's Degree in Business, Human Resources, or related field required.
- 10+ years of progressive experience in functional areas such as Compensation, Sales Compensation, and Executive Compensation.
- 7+ years of leadership experience.
- In-depth expertise designing innovative compensation models across different employee segments and experience with executive compensation program design and governance.
- Success in creating and articulating complex strategies and plans to both executive management and peers.
- Experience with Executive and Board Compensation.
- Experience working cross-functionally with key stakeholders across a global organization, managing relationships and organizational change dynamics with discretion and tact.
- Advanced knowledge of Microsoft Office Suite (Excel, Outlook, PowerPoint, and Word).
- Knowledge of Human Resource Management software (SuccessFactors).
Skills and Abilities:
- Ability to evaluate, design, and recommend compensation programs based on market assessment and business strategy.
- Excellent strategic, analytical, and financial skills.
- A business-wide thinker, with a lens on how decisions made within one site or unit may affect others across the business.
- Driven self-starter with a strong attention to detail.
- Ability to operate independently as well as in a team environment.
- Excellent verbal and written communication skills with the ability to comfortably handle difficult conversations.
- Ability to establish strong partnerships with internal customers to ensure a high level of customer service and relationship building.
Avanos Medical is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law.