Compensation Director

2 days ago


Westlake, Ohio, United States Fidelity TalentSource LLC Full time
Job Description:

Fidelity is seeking a highly skilled Compensation Director to lead compensation initiatives and programs, working in partnership with the HR team to design, deliver, and advise on solutions that meet the short and long-term needs of Fidelity's diverse business and support groups.

The Compensation Director will be a subject matter expert within Fidelity's Workplace Investing HR team, working closely with HR partners and senior leaders to provide consulting and leadership required to deliver pay programs and solutions in support of overall business objectives. This role will contribute to and benefit from Fidelity's broader compensation community, shaping the future of compensation and continuously developing, improving, and sharing strategies and resources that benefit our businesses, leaders, and associates in achieving their goals.

The Team:

Fidelity's Workplace Investing business is the market-leading provider of retirement, investment, and benefits solutions for more than 23,000 companies and their 40 million employees. The Human Resources team consists of associates who work in Line HR, Talent Acquisition, Talent Management, Learning & Development, HR Operations, Compensation, Communications, Finance, and Workforce Analytics. We are key business partners to our colleagues within the business units to develop and implement HR and learning programs and strategies. We also partner closely with enterprise HR teams to deploy and support central programs and initiatives.

The Expertise You Bring:
  • You have designed, developed, and managed a variety of compensation programs and processes, including base salary, variable pay programs, sales compensation, compensation strategy, and competitive pay analysis.
  • You are an expert with the full spectrum of approaches and tools used for compensation-related market research, modeling, and analysis.
  • You have deep analytical skills with the ability to break down complex questions/data into well-structured analyses and synthesize key points.
  • You effectively manage concurrent programs, processes, and initiatives, collaborating with and influencing a wide range of stakeholders, and have a proven ability to think end-to-end about the work to be implemented.
  • You have expertise with Microsoft Excel analysis and experience with various HR database applications.
  • You have the expertise, confidence, and skill to develop and deliver formal and informal reports, presentations, and communications to executive audiences.
  • You are passionate about building consultative partnerships with HR, Finance, and senior business leaders.
  • You enjoy working on initiatives and programs that often extend beyond the local team and business unit.
The Value You Deliver:

Client Support/Relationship Management: Provide consultation, coaching, and sophisticated advice to Line HR and senior business leaders on complex compensation issues. Conduct analysis to address compensation issues, projects, or initiatives. Complete pay recommendations for executive offers and make offers. Participate in the design and delivery of manager and HR training to increase the understanding of our compensation philosophy, strategies, programs, and decisions.

Workforce Analytics: Work closely with HR partners to better integrate HR data and analytics in support of workforce plans and business practices. Develop impactful data visualizations for HR partners and leaders to enable better insights and decisions.

Program Design: Partner with Finance/Variable Compensation teams to design and develop sales incentive plans, and support formal plan governance and oversight activities. Represent the voice of the customer in the design of enterprise-wide pay programs and lead the design for client pay programs.

Cycle Management: Serve as the primary contact for Line HR for annual cycle administration activities. Inform, manage, and measure operational cycle components. Provide issue resolution, support reporting, and analysis.

Collaborate with Enterprise Compensation to establish shared reporting requirements. Work in close partnership with Line HR and Finance/Variable Comp teams to support variable semi-annual bonus cycles.

Market Data Management: Act as SME on surveys, data, and tools. Lead competitive assessments using market analysis, including defining the peer groups and formulating recommendations and presenting to management. Coordinate job matching process, review data when surveys are complete, and analyze market survey data trends.

Company Overview:

Fidelity is a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit our website.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@.



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