Inspire Brands is seeking a Director, Compensation who will design, lead, and maintain the Company’s compensation programs, including base pay, short and long-term incentives.
Requirements
- Oversee the company’s pay programs, including base salary, short-term incentives, and long-term incentives
- Lead the annual market benchmarking process to update survey matching and ensure the Company’s pay programs are competitive and aligned with the marketplace
- Partner with other members of the Human Resources team and business leaders on pay package recommendations that address business needs and attract, retain, and motivate top talent
- Plan and execute the annual merit/bonus cycle and assist the HR community and business areas in understanding their role, timelines, and support them with decision-making
- Conduct the annual evaluation of salary ranges and incentive targets for potential movement/changes as needed
- Develop content and educational materials to articulate our pay programs and support the rollout of new initiatives
- Conduct regular and ad hoc analysis of market trends and internal pay equity to ensure compensation practices remain competitive and compliant with relevant regulations
- Lead the review and updating of our career architecture and classification program to evaluate job levels and equitable compensation across roles
- Partner with other members of the Human Resources team to integrate compensation programs with performance management processes, ensuring alignment between pay and performance
- Manage relationships with external vendors, such as compensation consultants and survey providers to support compensation decision-making
- Aid in the development of global, standard compensation processes and policies, including employee mobility, bonus processing and equity administration
- Stay abreast of laws and regulations related to compensation and ensure that the organization's compensation programs comply with legal requirements and industry standards
- Partner with HRIS on system upgrades, enhancements, and testing for the compensation processes and modules
- Drive process improvement and innovation
- Identify opportunities for improved accuracy, consistency and reporting of compensation data through periodic audits
