Compensation Director
4 days ago
Job Summary
At ZOLL Medical, we're passionate about improving patient outcomes and helping save lives. Our medical devices, software, and related services are used worldwide to diagnose and treat patients suffering from serious cardiopulmonary and respiratory conditions.
The Compensation Director will be responsible for setting the strategic direction for the compensation function and implementing that strategy for the company on a global basis. This position will establish, plan, develop, and implement new compensation programs, policies, and procedures to be responsive to the company's goals and competitive practices. The position will provide consultative direction to business leaders and the HR community. The Compensation Director will also be responsible for ensuring that company compensation programs are consistently administered in compliance with company policies and government regulations.
This role reports to the head of Corporate HR and will have management responsibilities leading a small compensation team.
Key Responsibilities
- Design and lead the execution of compensation programs such as annual merit and promotion processes, salary ranges, and incentive programs.
- Set strategy and guide, direct, and oversee administration of base salary and incentive compensation programs.
- Provide leadership and guidance across the organization on major compensation initiatives linking programs to overall compensation philosophy, corporate culture, and results.
- Use expertise and influence to ensure our programs provide a competitive total reward package for our employees.
- Oversee participation in and use of salary surveys to ensure corporate compensation programs are competitive.
- Use salary survey data and compensation expertise to recommend appropriate compensation positioning for key roles.
- Build trusted advisor relationships necessary to effectively consult with executive leadership, managers, and compensation partners within HR, HRIS, Legal, and others.
- Establish and manage job evaluation process, ensuring the consistent valuation of key job attributes and integration of market data.
- Ensure jobs are audited for content and reflect accurate and current job responsibilities, activities, duties, and requirements.
- Maintain external perspective on trends, best practices, economic conditions, and applicable regulations. Ensure compliance with state and federal wage and hour laws.
- Work with business leaders in the development of incentive programs to meet specific business and role needs.
- Aid HR senior leaders in aligning the organization's programs.
- Use metrics to analyze and monitor the effectiveness of compensation programs. Based on analysis, identify trends, issues, and opportunities. Propose and present solutions to enhance effectiveness.
- Provide leadership and direction to members of the compensation team.
- With team, design and facilitate compensation training to educate HR and managers on ZOLL's compensation strategies and practices, and related legal and compliance issues.
Requirements
- Bachelor's Degree required or equivalent in business, human resources, or related field.
- 8-10+ years of progressively responsible experience in compensation.
- Compensation experience in a mid-size (5-10k) company, with a broad and diverse workforce (to include technology, technical, exempt/non-exempt, global, etc.).
- Knowledge of government regulations as they apply to compensation.
- Experience running multiple successful compensation cycles through Workday.
- Professional certification in compensation or related field, experience in global compensation, and knowledge of payroll processes/fundamentals a plus.
About ZOLL Medical
ZOLL Medical is a fast-growing company that operates in more than 140 countries around the world. Our employees are inspired by a commitment to make a difference in patients' lives, and our culture values innovation, self-motivation, and an entrepreneurial spirit. We provide innovative technologies that make a meaningful difference in people's lives.
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