Department: Office of Human Resources Salary/Grade: EXS/15
Reporting to the Vice President and Chief Human Resources Officer, the Director of Compensation will create, direct, and implementsemployee compensation programs designed to recruit, engage, develop, manage, recognize and reward University talent to drive organization performance. The Director of Compensation will lead the development of compensation philosophy and strategy, and plans and implements new and revised programs, policies, and procedures. The Director of Compensation provides direction, guidance, and interpretation of policies to HR, and school and department colleagues on all compensation- related matters ensuring that programs are internally equitable, externally competitive, fiscally responsible and consistently administered in compliance with University policies and government regulations.
Directs compensation program development and implementation and oversees administration of job design and analysis, job evaluation, market pricing, employee pay including annual merit, FLSA classification, job families and career paths. Monitors existing policies, procedures, and guidelines ensuring consistent interpretation and administration, and recommends revisions and changes, aligned with best practice compensation trends and University objectives, to increase efficiency and effectiveness.
Oversees and leads the annual salary budget recommendation process. Ensures that up-to-date external competitive benchmarking and labor market data is obtained and analyzed. Directs the use of published and custom salary surveys, methods of job matching, update of salary structures, and summarization of analyses and data. Develops and presents annual salary budget recommendations that are internally equitable, externally competitive, and fiscally responsible to senior leadership.
Oversees and leads the annual merit increase planning process and program. Directs the research of merit and variable pay plans at benchmark organizations and provides recommendations to senior leadership regarding University’s program design. Oversees the creation of associated training, timelines, communications, templates, and spreadsheets. Partnering with the HR Reporting & Analytics team, ensures that processes and procedures are created and implemented that facilitate the smooth flow of compensation data between client groups and HR in an effective, efficient and timely manner.
Ensures that fair, equitable and legally compliant guidance regarding the administration of all Staff compensation programs is provided by compensation staff to University client groups. Oversees the development and delivery of compensation training and related programs and materials. Encourages the design of creative and state-of-the-art solutions to specific compensation-related issues and challenges. Provides guidance and acts as a mentor to compensation staff making recommendations regarding organization and job design, including grade assignments and Staff employee pay including base, bonus, equity and promotion.
Oversees the compilation, preparation and presentation of analyses, summaries and reports. Partners with the HR Reporting & Analytics team to ensure that metrics and other appropriate measurements are identified and that data is gathered for use in management decision making. Oversees the University’s participation in salary surveys or special compensation studies for purposes of maintaining the University’s competitive position within the market place
Keeps apprised of federal, state, and local compensation laws and regulations to ensure University compliance. Maintains credentials and membership with professional associations to maintain current knowledge of market trends regarding compensation issues and legislative or regulatory trends.
Bachelor's Degree in Business, Human Resources or related field with a minimum of 10 years progressively responsible experience in Compensation or the equivalent combination of education, training and experience from which similar skills can be acquired.
Management experience is required.
Master degree with concentration in Human Resources, Business, or Finance
Knowledge of executive compensation and is components is highly desired
CCP, PHR, SPHR, CBP or SHRM certification a plus
Five or more years of management experience
Experience in HR policy and program development preferably in an academic environment.
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Hiring is contingent upon eligibility to work in the United States.
Internal Number: 38292
About Northwestern University
Northwestern University is a major private research university with 12 academic divisions located on three campuses in Evanston, Chicago, and Education City in Doha, Qatar. We have approximately 2,500 full-time faculty members, 17,000 graduate and undergraduate students, and over 5,700 full and part-time staff. Northwestern University combines innovative teaching and pioneering research in a highly collaborative environment. It provides students and faculty exceptional opportunities for intellectual, personal and professional growth.