What are the responsibilities and job description for the Director, Compensation position at SRS Distribution - McKinney?
Position Purpose:
The Director of Compensation supports and guides the design, and enterprise-wide administration of the organization’s compensation programs. This role is responsible for the annual compensation cycle, including merit planning, annual incentive/bonus programs, salary structure management, and communication of compensation plans.
The Director partners with Total Rewards leadership, HR, and Finance to ensure compensation programs are competitive, equitable, performance-driven, and aligned with business objectives. This leader also drives the standardization, centralization, and automation of compensation processes to improve efficiency, governance, and scalability across the enterprise
Key Responsibilities:
- Lead the design and administration of base pay structures, incentive plans, and pay-for-performance programs.
- Own the annual compensation cycle, including merit increases, promotional adjustments, and bonus plan funding and payouts.
- Develop and communicate compensation philosophy, programs, and annual plan materials.
- Oversee salary surveys, market benchmarking, and pay equity analysis.
- Ensure compliance with federal, state, and local compensation regulations.
- Partner with Finance on budgeting, forecasting, and compensation modeling.
- Drive standardization and centralization of compensation practices across business units.
- Identify and implement automation opportunities to streamline compensation processes and improve data integrity.
- Provide executive-level analytics, reporting, and strategic recommendations
Direct Manager/Direct Reports:
- Direct Manager: Senior Director, Compensation
- Direct Reports: N/A
Travel Requirements:
- Travel 0-25% .
Physical Requirements
- Standard office environment; occasional job-site visits and sample handling up to 45 lbs.
Working Conditions
- Standard office environment; occasional job-site visits and sample handling up to 45 lbs.
Minimum Qualifications
- 8 years of progressive compensation experience, including program design and enterprise administration.
- Demonstrated experience leading annual merit and incentive processes.
- Strong expertise in salary structure design, market analysis, and incentive compensation.
- Advanced analytical and Excel skills; HRIS experience (Workday preferred).
- Knowledge of applicable compensation laws and regulations.
- CCP, SHRM-SCP, or similar certification preferred.
Preferred Qualifications
- CCP, SHRM-SCP, or similar certification preferred.
- Experience working in a fast paced, corporate office.
Minimum Education:
- HS Diploma
Preferred Education:
- Bachelor’s degree in HR, Finance or other related field.
Minimum Years of Work Experience:
- 8 years of progressive compensation experience, including program design and enterprise administration.
Certifications:
- Advanced Excel
Competencies:
- Business Acumen
- Leadership
- Data & Financial Analysis
- Cross-Functional Collaboration
- Execution Excellence
Work Location:
- McKinney, TX (on-site/hybrid)
As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc., including all its subsidiaries, provides job opportunities to qualified individuals without regard to actual or perceived race, color, creed, religion, national origin, sex, gender, age, disability, gender identity, sexual orientation, citizenship status, uniform service, veteran status, marital status, genetic information, physical or mental disability, or any other characteristic in accordance with applicable federal, state, and local EEO laws. If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position, please contact Human Resources at US: 855.556.3221, or by email to: HR@Help.SRSDistribution.com with the nature of your accommodation request and include the Business name, location and title of the job opening. Please allow one (1) business day for a reply. All employment offers are contingent upon successful completion of a background check and drug screen, as permitted by law.
Competitive weekly/bi-weekly pay, discretionary bonuses, 401(k) with company match, Employee Stock Purchase Plan, paid time off (vacation, sick, volunteer, holidays, birthday, floating), medical/dental/vision, flexible spending accounts, company-paid life and short-term disability, plus optional long-term disability, and additional life insurance.
Benefits
- Competitive salaries for all team members paid weekly
- 401(k) Retirement Plan with company matching
- Employee Stock Purchase Program
- Paid Vacation, Sick Time, Volunteer Day, Holidays, Birthday, and Floating Holidays
- Paid Parental Leave, Adoption Assistance Program
- Medical, Dental and Vision Benefits
- Flexible and Dependent Care Spending Accounts
- Company paid Life insurance and Short-Term Disability
- Additional Life Insurance and Long-Term Disability also offered
- Mental, Physical and Emotional Well-Being Programs for Employees and Families
- Wellness Program and Safety Program with Bonuses for our Drivers
- Employee Referral Bonus Program