The Director of Compensation and Benefits is responsible for designing, implementing, and managing the organization’s total compensation and benefits strategy. This role ensures that salary structures, incentive programs, and employee benefits are competitive, equitable, cost-effective, and aligned with business goals. The Director collaborates with senior leadership, HR, and finance teams to attract and retain top talent while maintaining compliance with relevant laws and industry standards.
Design, implement, and continuously improve compensation and benefits programs that align with business strategy and talent goals.
Evaluate existing pay and benefit systems and recommend improvements based on analytics, feedback, and best practices.
Lead compensation reviews, bonus plans, and merit increase cycles across all business units.
Partner with finance and legal departments to ensure compliance with statutory and tax requirements.
Conduct internal job evaluations and maintain the job architecture for consistent and fair compensation across the company.
Manage relationships with third-party vendors (insurance providers, brokers, consultants) and ensure service-level delivery.
Provide strategic advice to executives and HR leadership on total rewards planning and decision-making.
Prepare and present compensation-related reports to executive leadership and governance committees.
Compensation Strategy: Develop and maintain salary structures, job grading systems, and variable compensation plans that reflect market competitiveness and internal equity.
Benefits Administration: Oversee health, wellness, retirement, insurance, and other employee benefits programs, ensuring high utilization and cost-effectiveness.
Benchmarking & Market Analysis: Conduct regular compensation and benefits benchmarking to stay aligned with industry trends and standards.
Compliance & Governance: Ensure adherence to all regulatory requirements related to pay, benefits, taxation, and reporting.
Pay Equity & Transparency: Support fair pay practices, pay equity audits, and transparent communication of reward strategies.
Total Rewards Communication: Promote employee understanding and appreciation of the organization’s reward offerings.
Vendor & Budget Management: Manage external providers, negotiate contracts, and oversee the compensation and benefits budget.
Bachelor’s degree in Human Resources, Business Administration, Finance, or related field (Master’s or CCP certification preferred).
10+ years of progressive HR experience with 5+ years in a leadership role focused on compensation and benefits.
Strong expertise in compensation structures, benefits design, benchmarking tools, and regulatory compliance.
Experience in managing global or regional compensation programs is an asset.
Proficiency in HRIS, compensation management platforms, and data analytics tools.