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Director/VP of Compensation

Tamarac Direct Hire
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Job Summary: We are seeking a strategic and experienced Director of Compensation to lead our compensation programs. The ideal candidate will have a strong background in designing and managing sales/bonus compensation plans, job architecture, executive compensation, and equity compensation. This role requires excellent management skills and the ability to align compensation strategies with business objectives.

Key Responsibilities:

  • Sales/Bonus Compensation Plans: Design, implement, and manage competitive sales and bonus compensation plans that drive performance and align with company goals. Ensure plans are fair, motivating, and compliant with regulations.
  • Job Architecture: Develop and maintain a comprehensive job architecture framework, including job families, levels, and career paths. Ensure consistency and equity across the organization.
  • Executive Compensation: Oversee the development and administration of executive compensation programs, including base salary, bonuses, and long-term incentives. Provide support to the Compensation Committee and prepare materials for Board meetings.
  • Equity Compensation: Manage equity compensation programs, including stock options, restricted stock units (RSUs), and other equity-based awards. Ensure accurate tracking, reporting, and compliance with regulatory requirements.
  • Compensation Strategy: Develop and implement a comprehensive compensation strategy that supports the company’s business objectives and attracts, retains, and motivates top talent.
  • Market Analysis: Conduct regular market analysis to ensure competitive positioning of compensation programs. Provide recommendations for adjustments based on market trends and internal equity.
  • Compliance: Ensure all compensation programs comply with federal, state, and local regulations. Stay current with changes in compensation legislation and recommend necessary updates to company policies.
  • Management: Lead and develop a team of compensation professionals. Provide coaching, mentoring, and performance feedback to ensure high levels of performance and engagement.
  • Collaboration: Work closely with HR Business Partners, Talent Acquisition, Finance, and other key stakeholders to ensure alignment of compensation programs with overall HR and business strategies.
  • Data Analysis and Reporting: Analyze compensation data and trends to provide insights and recommendations for program improvements. Prepare and present reports to senior management and the Board of Directors.

Qualifications:

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
  • Minimum of 10 years of experience in compensation, with a focus on sales/bonus compensation plans, job architecture, executive compensation, and equity compensation.
  • Strong knowledge of compensation principles, practices, and regulations.
  • Excellent analytical, organizational, and communication skills.
  • Proficiency in HRIS and compensation management systems.
  • Ability to handle sensitive and confidential information with discretion.
  • Strong leadership and management skills.

Preferred Qualifications:

  • Professional certification (e.g., CCP, CECP, SHRM-SCP).
  • Experience in a multi-state or global organization.

Working Conditions:

  • Full-time, in-office position.
  • Occasional travel required.

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