Senior Director – Compensation
Location
Illinois
Posted
13 days ago
Salary
$156.7K - $250.7K / year
Seniority
Senior
Job Description
Senior Director – Compensation
RR Donnelley
• Collaborate with senior executives and HR leadership to manage the compensation philosophy and related strategies • Oversee base and variable pay plans and programs, including the annual merit planning cycle • Conduct research, analysis and monitor trends to determine recommendations for improvement • Manage the long-term incentive program including modeling, grant and vesting events, and communications • Provide oversight and support to the Compensation Manager on annual incentive plan administration • Manage the organization’s global mobility and relocation programs • Oversee the job evaluation process to ensure positions are appropriately classified and compensated • Participate in market surveys, analyze data, and support the management of salary structures • Provide counsel and serve as a collaborative resource partner to management and Human Resources, and Talent Acquisition • Align compensation with performance management systems • Establish metrics and criteria for performance-based pay, ensuring reward systems are fair, transparent, and effectively tied to compliance and governance • Monitor relevant laws, regulations, and trends related to compensation practices • Ensure programs adhere to legal requirements and are considered best or leading market practices • Communicate compensation policies, programs, and changes to employees • Analyze compensation data, metrics, and trends to assess the effectiveness of existing programs and identify areas for improvement • Generate reports for management and executives, providing insights and recommendations • Manage the compensation department budget and ensure compensation programs are fiscally responsible and align with budgetary expectations • Manage executive perquisites including supplemental insurance, financial planning, severance and other programs • Prepare and/or review meeting materials and compensation analytics for the Human Resources Committee • Lead team responsible for the planning and execution of all compensation related programs and activities
Job Requirements
- A Bachelor's Degree in Human Resources, Business Administration, or related field is required
- 10 or more years of relevant Compensation work experience and/or relevant Human Resources experience
- 5 or more years of experience in a supervisory or management level position
- Certified Compensation Professional (CCP) designation and/or Society for Human Resource Management (SHRM) certification preferred
- Knowledge of Legal, Financial, Accounting, Tax and Regulatory effects on compensation, benefits and global mobility matters
- Establishes departmental policies, practices, and procedures that have a significant impact on the organization
- Ability to meet time-sensitive deadlines and maintain strict confidentiality of information at all times
- Ability to foster collaboration and teamwork
- Excellent oral and written communication skills, must be able to communicate with Board of Directors, Executive Leaders, and the employee population
- Strong analytical thinking and mathematical skills
- Intermediate to advanced Excel knowledge and skills
Benefits
- medical, dental, and vision coverage
- paid time off
- disability insurance
- 401(k) with company match
- life insurance
- other voluntary supplemental insurance coverages
- parental leave
- adoption assistance
- tuition assistance
- employer/partner discounts
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