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As a Director of Compensation at Fidelity, you will lead compensation initiatives and programs, and work in partnership with the HR team to design, deliver and advise on solutions that meet the short and long-term needs of a diverse suite of Fidelity’s business and support groups.
The Director of Compensation is a subject matter expert on the HR team, working closely with HR partners and senior leaders to provide the consulting and leadership required to deliver pay programs and solutions in support of overall business objectives. You will contribute to and benefit from Fidelity’s broader compensation community where we shape the future of compensation and continuously develop, improve and share our strategies and resources that benefit our businesses, leaders and associates in achieving their goals.
We have opportunities supporting many of our BUs/Functions including Asset Management (investment compensation experience required), Corporate Services & Legal, Risk & Compliance, Enterprise Technology & Global Services, and Fidelity Institutional & Fund and Brokerage Operations and Technology.
The Human Resources team consists of associates who work in Line HR, Talent Acquisition, Talent Management, Learning & Development, HR Operations, Sales 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.
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. Participate in the design & 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.
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are 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 associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
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@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Full Time
$200k-252k (estimate)
05/10/2023
05/29/2024
The job skills required for Director Compensation include Leadership, Initiative, Analysis, Microsoft Excel, Insight, Futures, etc. Having related job skills and expertise will give you an advantage when applying to be a Director Compensation. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director Compensation. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Director Compensation positions, which can be used as a reference in future career path planning. As a Director Compensation, it can be promoted into senior positions as a Compensation Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director Compensation. You can explore the career advancement for a Director Compensation below and select your interested title to get hiring information.
If you are interested in becoming a Director Compensation, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director Compensation for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Director Compensation job description and responsibilities
Design and implemented numerous base pay,variable pay,and executive compensation programs
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director Compensation jobs
Administration and Supervision experience and knowledge.
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Professional Capabilities and expertise.
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Qualities of Leadership are a necessity.
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Match the critical skills to the current skills of employees.
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Develop a plan to address gaps.
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Step 3: View the best colleges and universities for Director Compensation.