Compensation Director

3 weeks ago


Chelmsford, Massachusetts, United States ZOLL Medical Full time

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. Job Summary
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 the 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 comp expertise to recommend appropriate comp 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 processes, 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 an 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 the team, design and facilitate compensation training to educate HR and managers on ZOLL Medical's compensation strategies and practices, and related legal and compliance issues.
Requirements
  • Bachelor's Degree required or equivalent in business, human resources, or a related field.
  • 8-10+ years of progressively responsible experience in compensation required.
  • Compensation experience in a mid-size 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 a related field, experience in global compensation, and knowledge of payroll processes/fundamentals a plus.
Skills and Abilities
  • Experience designing and implementing compensation programs and gaining buy-in from across a diverse set of stakeholders.
  • Solid understanding of FLSA classification and the ability to make determinations.
  • Strong analytical orientation coupled with the ability to interpret data, identify trends, and convey findings to all levels of the company.
  • Ability to work effectively across multiple, somewhat independent, business divisions and gain consensus on consistent approaches to compensation practices.
  • Strong interpersonal and consulting skills, including the ability to constructively challenge, persuade, and negotiate with all levels of management and leadership.
  • Ability to lead a team of compensation partners/analysts.
  • Ability to set strategic direction, build realistic implementation plans, and execute.
  • Ability to develop, lead, and manage multiple, complex projects simultaneously.
  • Intermediate to advanced Excel skills.
  • Significant Workday skills, capable of designing and implementing compensation programs and processes with support from an HRIS team.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
  • Standing - Occasionally
  • Walking - Occasionally
  • Sitting - Constantly
  • Talking - Occasionally
  • Hearing - Occasionally
  • Repetitive Motions - Frequently

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