Director of Compensation

Washington, DC
Mar 14, 2018
Mar 15, 2018
Executive, Director
Full Time
The Career Management team works across every department within the firm and provides the following functions: Recruiting talented staff Providing competitive and comprehensive benefits Managing the Workday HRIS system and related data Designing and implementing strategic base, incentive and long-term compensation plans Analyzing employee data and reporting on workforce analytics Facilitating personal and professional development through coaching and training Supporting new employees through training and orientation Managing firm performance through our annual performance review cycle Supporting and upholding the values, policies and procedures of the firm The Director of Compensation will play a key role in providing compensation analysis, business process improvement, quantitative bonus and goal-setting, project management and operational support to enhance Career Management's mission to elevate firm performance. The Director will participate as a core member of the department, working closely with the division's leadership for compensation, business partnership, recruiting, training and development, and benefits. The Director will use their skills and experience to create and maintain a compensation program that utilizes both external market pricing and internal equity analysis. The successful candidate for this position will be collaborative by nature, have the ability to think strategically, and be comfortable tackling specific problems by applying a general strategic framework. This role is based in Washington, DC Primary Responsibilities: Conduct analysis of jobs, salaries and incentives to evaluate internal equity and determine external competitiveness for new or changed roles Maintain and update Marketpay system by utilizing salary surveys to update base salary information based on market matching and participate in external salary surveys Work closely with CM Business Partners to analyze new and revised job descriptions, choose appropriate external survey matches, select the correct internal banding assignment, and design a new salary band Coordinate the annual merit increase and bonus calculation process for the firm; ensure all new salary and bonus data is accurately updated in the Workday HRIS system; produce individualized pay change and promotion statements for employees through Workday Work closely with the Chief Talent Officer to help task-manage important compensation initiatives and keep strategic priorities on task and aligned with overall strategic business goals Serve as a customer support contact for employees, recruiters, and business partners, as needed, to troubleshoot compensation-related questions or provide related training Act as a technical compensation expert in new and existing HR systems and use that expertise to drive Career Management and firm-wide utilization of compensation tools Administer existing compensation processes and implement new compensation processes and tools that align with the strategic business needs of EAB Help to create and maintain databases/tools that summarize, analyze, and report key compensation metrics Perform analysis and regular compensation reporting for senior management and group leaders Conduct compensation portion of new hire orientation sessions on a monthly basis and conduct regular training and/or information sessions specific to compensation for CM team members Proactively identify strategic opportunities to utilize compensation tools within Career Management systems and work with team members to propose new and innovative solutions to enhance employee engagement, understanding, and system usage Basic Qualifications: Bachelor's Degree in human resources, finance, economics, business, or other related field Excellent academic record Must possess a minimum of eight years of experience in at least two of the following: Experience analyzing market pay data Experience administering and/or owning major components of a compensation program (eg, merit pay cycle, bonus distributions) Experience working in an HR environment with business partners Experience leading changes initiatives related to compensation and/or total rewards Advanced Proficiency in MS Excel (vlookups, pivot tables, advanced formulas, etc.) Ideal Qualifications: 10+ years of experience in a data-driven corporate environment 10+ years of experience implementing base and incentive compensation plans Experience working with Workday or other HRIS systems Experience working with MarketPay Demonstrated experience with MS Access or other reporting tools Proven ability to learn new tools, techniques, and skills Proven experience managing multiple, competing priorities Attention to detail Experience finding multiple solutions to a complex problems Experience handling sensitive firm, department and individual performance information Experience developing personal organization tactics to meet business goals Experience presenting to individuals at multiple levels within an organization Proven ability to meet goals and deadlines Experience in Human Resources and/or Organizational Change Management CCP or CCP in-progress