Compensation Design Strategist
3 weeks ago
Overview
The Director of Compensation Design will be responsible for developing strategic proposals regarding compensation programs. These programs will range from broad-based incentives to developing metrics and ensuring that our day-to-day programs are running at optimal levels.
Key Responsibilities
- Design, support, and implement compensation programs aligned with Epsilon's performance culture and ensure that programs are current, competitive, and in compliance with legal requirements.
- Work directly with the compensation team and leadership to develop strategic proposals regarding compensation programs.
- Provide support to existing programs and business leaders, but primary duties will be to support the strategy and design demands on the compensation function.
- Participate in the development of compensation programs, including merit, annual bonus, salary surveys, pay equity, pay transparency, and other compensation programs.
- Collaborate with HR Business Partners, Finance, HRIS, and business owners to implement processes, systems, and tools to improve compensation administration, communication, and analysis.
- Provide support to other members of the compensation team, regarding annual salary review/merit process, variable compensation/commission plans, equity, and other compensation programs.
Requirements
- 12+ years of experience in compensation.
- Prior experience in consultative roles in mid to large-size technology corporations or consulting companies (over 500 employees).
- Experience leading compensation programs and conducting high-level presentations.
- Knowledge and experience with state and federal labor laws and regulations as it relates to compensation.
- Strong understanding of HRIS systems.
- Advanced knowledge of Excel required: complex formulas, pivot tables, VLOOKUPs, and graphs and charts.
What You'll Achieve
- Help maintain a compensation structure/philosophy and classifications system, define job levels and families, compile market data, and establish pay parameters.
- Manage and oversee large-scale initiatives involving cross-functional teams.
- Participate, analyze, and interpret market data.
- Complete special studies and recommendations on subjects such as incentive compensation, bonus plans, sales compensation, or company pay equity.
- Consolidate information and produce reports to be used for management decision-making.
- Support communications and change management efforts of Compensation/HR.
- Ensure proper documentation and audit processes are developed, approved, and followed.
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