Global Compensation Strategist for Gaming and Digital
3 weeks ago
IGT is a leading gaming company that delivers innovative and responsible gaming experiences to players worldwide. With a well-established presence in over 100 countries, we create value by adhering to the highest standards of service, integrity, and responsibility.
Job DescriptionWe are seeking an experienced Global Compensation Strategist to support our Gaming and Digital business. As a key member of our Total Rewards team, you will be responsible for guiding the design, strategy, and enhancements of our employee broad-based compensation programs. This includes base pay, salary structures, job levels, budgets, and recognition programs.
Our ideal candidate will have a strong business acumen, proven experience in designing and implementing compensation programs, and excellent communication skills. You will work closely with our global leaders, HR teams, and stakeholders to ensure the strategic alignment of our compensation programs with our business objectives and jurisdictional compliance.
Key Responsibilities- Assist in the development, implementation, and communication of IGT's compensation programs within the Gaming and Digital segment.
- Apply the concepts of competitive pay levels and practices to determine competitive position by labor market.
- Develop and update quantitative models to formulate recommendations and updates to compensation structures and elements.
- Lead the development and completion of Gaming and Digital compensation reviews and recommendations related to new hires/merit/promo/and other increases.
- Work with HRIS operations team to ensure SAP & HRIS system meets compensation needs through initial program implementation and ongoing updates to reflect changes to programs.
- Design and build compensation metrics, reports, and tools to facilitate compensation program decisions and analyze business outcomes.
- Create materials to effectively communicate compensation plans, policies, and practices to the People team, employees, and managers.
- Ensure pay practices are compliant with US federal and state requirements (i.e. FLSA, minimum wage, overtime, etc.) and requirements for each country in which we operate.
- Accountable for Gaming and Digital compensation program assessments, analysis, and recommendations, through collaboration with Total Rewards and other stakeholders to align with the segment's strategic vision.
- Work closely with P&T leadership in reviewing program recommendations, associated costs, analysis/impacts, and implementation of plans.
- Develop communications to effectively acquaint and train P&T colleagues and leaders on compensation practices and guidelines.
- Ensure that all compensation processes and procedures are consistent with the Company's SOX requirements and are legally compliant with national and local compensation laws.
- Monitor the effectiveness of the Company's pay programs within Gaming and Digital.
- Provide salary recommendations for changes or enhancements as needed through trend analysis, cost benefit analysis, key performance indicators, and market intelligence.
- Keep track of salary changes for the organizations they support.
- Business acumen and systems thinking; understands how talent enables businesses to grow and achieve goals.
- Ability to build strong relationships and operate as a Business Partner to the Gaming and Digital Business.
- Proven experience in designing and implementing programs and processes tied to business objectives in global organizations.
- Must have advanced computer skills in Excel and PowerPoint.
- Experience building models/providing analyses for large data sets in succinct summarized reporting. Ability to create accurate, validated exhibits to facilitate decision making.
- Excellent written and verbal communication skills required. Must be able to translate complex concepts and problems into verbal and written presentations.
- Significant experience working with HR technology, data interfaces, and reporting.
- Self-motivated and ability to work well within a fast-paced environment with tight deadlines while maintaining impeccable attention to detail.
- Progressive thinker with a flexible, can-do, team-oriented approach.
- Agile learner and proactive teacher.
- Distinguished in establishing effective relationships with executive leaders, colleagues in Risk, Finance, HR operations, and business partner teams.
- Respected for balancing strategic and operational tasks with strong organizational and time management skills. Must be able to manage risk and ambiguity, define scope, and manage multiple priorities and internal client expectations to meet objectives.
- Focus on details and accuracy.
- Adaptability to rapidly changing demands.
- Regarded as a strong communicator and able to influence a broad and diverse range of stakeholders through effective relationships, verbal, and written communication. Ability to inspire action among a diverse population with multiple perspectives without direct authority.
- Exceptional stakeholder management and consulting skills.
- Effective in managing complex projects across multi-disciplinary, matrix environments.
- Project management skills required to support program design and implementation across the globe.
- Advanced interpersonal skills to collaborate with all levels of the organization and operate across a diverse environment.
- Experience with SAP SuccessFactors, Xactly Incent, and SAP accounting system preferred.
- Ability to travel as needed.
We offer a comprehensive Total Rewards program that includes a 401(k) Savings Plan with Company contributions, health, dental, and vision insurance, life, accident, and disability insurance, tuition reimbursement, paid time off, wellness programs, and identity theft insurance. Note: programs are subject to eligibility requirements.
Estimated SalaryThe estimated starting compensation range for this position is $86,538 - $180,000, which may vary based on location and other factors.
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