The Director Global Compensation works with senior management to ensure that compensation strategy and programs support the organization’s business objectives and meet all legal requirements. Responsible for the design, implementation, and ongoing evaluation of the organization’s compensation programs, including base pay, incentive pay, and performance management programs. Being a Director Global Compensation may be responsible for entire organization or for one or more major segments of a larger organization. Develops compensation budget for assigned areas and manages budget after it is approved. In addition, Director Global Compensation requires a bachelor’s degree. Typically reports to top management. The Director Global Compensation manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. Working as a Director Global Compensation typically requires 5+ years of managerial experience.
Director, Global Compensation Job Description Template
Our company is looking for a Director, Global Compensation to join our team.
Responsibilities:
- Lead the design of base pay, short-term and long-term incentive programs to align with company strategy and talent strategy;
- Develop and distribute compensation related communications materials;
- Accurately interpret, counsel, communicate, and educate HRBPs, managers and staff on pay decisions, policy and guideline interpretations;
- Build strong rapport and alignment on compensation strategy and practices between the compensation team, executives, and cross functional partners;
- Create short/long-term retention strategies and compelling offers to secure top talent;
- Ensure appropriate level of compensation governance across supported teams;
- Manage the annual focal review cycle and d evelop budget recommendations;
- Manage market review including lead market data and best practices research, managing annual market review process;
- Help develop a top performing global compensation team.
Requirements:
- BA/BS in quantitative-focused major;
- 12+ years of progressive compensation experience, preferably for the technology industry or compensation consulting firm;
- Excellent verbal and written communication skills. Able to package and present complex analysis and recommendations clearly and comfortably.