Director of Compensation

Location
Colorado, Denver, USA
Salary
Negotiable
Posted
May 26, 2018
Ref
005743
Contact
University of
Faculty Jobs
Education
Position Type
Alt-Ac & Post-Ac
Institution Type
Four-Year Institution

Position Summary

The Director of Compensation is responsible for the strategic planning, evaluation, communication, implementation and administration of compensation programs at the University of Denver. The scope of this role includes management and oversight of approximately $210M in compensation. This position will be responsible for developing a compensation philosophy for the University and managing all compensation, salary and pay programs across 2,500 benefited employees as well as understanding the impact in these areas for our approximately 5,000 non-benefited employees. This position is also responsible for advising University leadership on a balanced compensation strategy that supports the strategic direction of the University while considering the varying employee groups within the University. The position must partner strategically with other leaders across campus and within HR to ensure that the delivery of a compensation program is synergistic with HR's priority of enabling the institution, employee effectiveness, and other workforce strategies.

Essential Functions

  • Overall accountability and responsibility for the strategic development and implementation of compensation and executive compensation for the institution.
  • Develops and implements a compensation program.
  • Evaluates the effectiveness of existing policies, guidelines, architecture and procedures.
  • Recommends plan revisions as well as new plans which are cost effective and consistent with market trends, best practices and institutional objectives.
  • Lead through influence necessary changes in organization and culture to achieve an effective compensation strategy.
  • Helps set the strategic direction of compensation programming.
  • Manage vendor relationships as they relate to our compensation planning.
  • With the assistance of the Office of Marketing and Communications, manages the communication and marketing of all aspects of compensation.
  • Prepares and delivers informational and persuasive presentations regarding compensation programming.
  • Design, develop, communicate and maintain all processes and policies for compensation programs to ensure effective utilization and regulatory compliance.
  • Provides expertise and guidance to other members of the HR teams advises HR and leadership on pay decisions, policy and guideline interpretations; provides creative solutions to complex problems.
  • Provides direction, guidance and assistance to the Senior Compensation Analyst.
  • Incorporate inclusive excellence in all aspects of compensation programming.

Knowledge, Skills and Abilities

  • Advanced knowledge of executive compensation, incentive pay, job evaluation concepts, salary survey techniques, merit pay processes, performance evaluation methods and applicable regulations.
  • Excellent oral and written communication skills, including presentation skills.
  • Effective interpersonal skills and leadership abilities.
  • Effective analytical, problem-solving and decision-making skills.
  • Project management skills; ability to prioritize and handle multiple issues and projects concurrently.
  • Ability to embrace the core values of the institution and balance the constrained compensation environment with successful programs.
  • Knowledge of all compliance matters including regulatory/legislative as they relate to compensation.
  • Strong writing skills.

Required Qualifications

  • Bachelor's degree in business, accounting, finance, human resources management or related field or equivalent combination of education and experience.
  • Five (5) years in a leadership role with strong track record of driving successful results specifically in compensation design and administration.
  • Previous supervisory experience.

Preferred Qualifications

  • Master's degree in business, accounting, finance, human resources management or related field.

Application Deadline

For best consideration, please submit your application materials by Monday, June 11, 2018.

Special Instructions

Candidates must apply online through www.du.edu/jobs to be considered. Only applications submitted online will be accepted.

The University of Denver is committed to enhancing the diversity of its faculty and staff and encourages applications from women, minorities, members of the LBGTQ community, people with disabilities and veterans. The University is an equal opportunity/affirmative action employer.

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