What are the responsibilities and job description for the Sr. Director - Compensation position at The Edge Group?
Senior Director of Compensation
Houston, TX
Our client, a large managed care organization in Houston, has an opportunity available for a Senior Director of Compensation and HRIS. Reporting to the Chief HR and Administrative Officer, this Director will be responsible for the strategic leadership and direction of Compensation and HRIS by leading compensation programs, executive and general, as well as People Analytics capabilities. This role also partners closely with the HR Business Partner and Talent Attraction teams to help Human Resources provide strategic people-centered support to the business.
RESPONSIBILITIES:
Executive Leadership, Partnership and Direction:
- Demonstrate an inclusive leadership style with an emphasis on results and developing high-performing team members.
- Consistently provide leadership and direction to all staff on direct and indirect responsibilities to help the organization achieve its overall mission and overall business goals.
- Partner with the President and CEO and the Chief Human Resources and Administrative Officer on key initiatives and critical decision points for all Total Rewards initiatives.
- Develop, maintain, and provide a competitive Compensation philosophy to leadership, to the Governance Committee, and Board of Directors as directed by the President and CEO and/or the Chief Human Resources and Administrative Officer.
Compensation Design and Execution:
- Design and implement effective and growth-based Executive Compensation, General Compensation, and Managed Care Sales Incentive Plans and Programs to ensure that the organization remains competitive in the labor market to retain and attract top talent.
- Ensure immediate and long-term compensation plans are aligned with the strategic plan of the organization and tied to individual performance.
- Continuously optimize compensation plans that are aligned to increased employee engagement and overall satisfaction.
- Partner with the Chief Human Resources and Administrative Officer and the HR Business Partner leader to establish yearly compensation and execution efforts for the Annual Review Process.
- Develop and lead strategies to create and maintain job structures and families for all positions. Create a direct link with all succession planning and career development initiatives, where applicable.
- Benchmark activities across all areas of rewards to elevate our understanding of our compensation competitiveness and adjust it over time to meet the evolving needs of the organization.
- Influence stakeholders with competing priorities and differences of opinion towards a common goal and solution, enabling decision-making and a plan for execution.
- Partner with the Finance and Growth/Sales teams on annual compensation planning and budget process.
- Forecast and propose a long-term compensation and equity strategy roadmap that is competitive in the marketplace while keeping in mind the organization's yearly budget guidelines.
- Ensures compliance with all legal and regulatory requirements; ensures filing of appropriate legal/regulatory statements and reports.
HR Systems and Analytics:
- Lead all efforts to effectively maintain the HRMS and any future new systems implementations or upgrades.
- Set vision and strategy for HR Analytics discipline, including research and analyses on a broad spectrum of employee issues: diversity, retention, compensation, leadership development, learning and development, and other key areas.
- Lead all HR data set initiatives and establish guidelines to include the monthly HR Dashboards and other ad hoc or formal HR reporting requirements.
- Establish and lead a full-scale HR Service Center for all employees.
- Drive employee data literacy in all levels of leadership.
REQUIREMENTS:
- Bachelor’s degree required, preferably in Human Resources or Business
- Certified Compensation Professional (CCP) required
- 12 years of experience developing innovative compensation plans and working with the Compensation Committee of the Board of Directors to gain agreement
- 7 years of management experience in Compensation and/or Total Rewards
- Experience leading a company's HRMS