Compensation Associate Director

Employer
Wolters Kluwer
Location
Washington, DC
Posted
Dec 01, 2021
Closes
Dec 04, 2021
Ref
238055013
Industry
Other
Hours
Full Time
Basic FunctionsThe Compensation Associate Director will serve as a subject matter expert on compensation programs while being a strategic partner to one or more division within Wolters Kluwer. They will participate in the design, development and implementation of compensation programs and processes globally by partnering closely with key stakeholders, including the Human Resources Leadership Team (HRLT) and HR business leaders who are aligned to the division(s) they support. They will proactively identify areas of opportunity and recommend creative solutions. They will have significant specialized in-depth expertise and knowledge of technical Compensation programs at all levels of the organization, while using a consultative approach to provide counsel to leaders both within the division and across the company. They will drive a consistent compensation strategy with guidance in only the most complex situations. Works within the Compensation COE to standardize deliverables and analysis.Essential Duties and responsibilities Manages divisional compensation programs and provides counsel regarding the administration of reward programs aligned with global policies and practices as appropriate. Oversees development of base pay programs and incentive harmonization in a global environment.Serves as a strategic partner to HR and Divisional leaders within assigned division(s) and specialty areas and advises on compensation policy and strategy.Proactively identifies compensation roadblocks or areas of opportunity and independently recommends creation solutions to complex problems using sophisticated analytics and judgement.Uses technical compensation professional knowledge to develop models, evaluate processes and monitor trends.Assesses strategies needed to best ensure compensation programs and tools are used effectively by client groups.Owns the communication of compensation philosophy, plans and incentive programs within assigned division(s).Participates in plan design efforts, as appropriate, for variable pay plans (short-term and long-term incentive plans, retention plans, executive offers, etc ).Assists with implementation and communication of new compensation programs and changes to existing programs.Maintains rigor around the global career framework, evaluating and determining salary grades or market rates for all jobs within their assigned division(s) at both executive and non-executive levels.Analyzes market data and use to make recommendations regarding compensation packages, policies and programs.Partners with key divisional stakeholders, key HR stakeholders and the broader compensation COE globally to achieve compensation outcomes that both attract and retain critical talent.Job QualificationsEducationMinimum: Bachelor's Degree in Human Resource Management or related field OR, equivalent.ExperienceMinimum Experience: 10+ years of related experience, OR equivalent.Base pay and incentive compensation design & program managementMarket analysis & benchmarkingCompensation program communications and implementationAdminister and provide guidance for executive and non-executive compensation programsStrong technical and data analytics capabilityChange management and policy implementationAdvanced compensation program comprehension, including technical knowledge of long-term incentive plansConsulting skillsCommunication skills; negotiation, presentation and education with most senior leaders; ability to explain difficult or sensitive topics; works to build consensus and influences outcomesCompensation process improvementExperience working in shared services organizationDemonstrated ability to turn data and analytics into insightsSolves complex problems using sophisticated analytical thought to exercise judgement and identify innovative solutionsTools:Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).Human Resource Management System (Workday experience preferred)Other Knowledge, Skills, Abilities or Certifications:Preferred: Compensation design and administration for technology organizations with a general understanding of Technology job family groups and the competitive marketDemonstrates compensation consultative approach with a focus on strong analytical, creative thinking and interpretation skillsDevelops complex analytics needed to best ensure compensation programs are supporting overall goals and initiativesLeads compensation functional teams and projectsHas knowledge of best practices and is aware of the competition and market differentiatorsCompensation professional certification desirableStrong knowledge of human resources regulations, policies and proceduresExcellent mathematical and analytical skillsTeam oriented, cooperative, and flexible. Demonstrated ability to collaboratively work with a wide range of people at all levels of a global organizationWorks independently, with guidance in only the most complex situationsTravel Requirements5-10%The above statements are intended to describe the general nature and level of work being performed by most people assigned to this job. They're not intended to be an exhaustive list of all duties and responsibilities and requirements.PDN-94dafada-2d64-4e17-a76d-29a860192f43

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