Compensation and Benefits Director jobs in Rhode Island
Compensation and Benefits Director manages the design, implementation, administration, communication, and ongoing evaluation of the organization's compensation and benefits programs, policies, and procedures. Ensures that compensation and benefits programs support the organization's business objectives and meet all legal requirements. Being a Compensation and Benefits Director develops and manages compensation and benefits budgets. Oversees compensation processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan design and analysis. Additionally, Compensation and Benefits Director manages benefits planning and programs including health and welfare, retirement, and work life. May select and manage outsourced providers. Requires a bachelor's degree. Typically reports to top management. The Compensation and Benefits Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Compensation and Benefits Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Recently Added Compensation and Benefits Director jobs
Director Compensation
- Fidelity Investments
-
Smithfield, RI
FULL_TIME
-
2045065-4
Job Description
As a Director of Compensation at Fidelity, you will lead compensation initiatives and programs, and work in partnership with the HR team to design, deliver and advise on solutions that meet the short and long-term needs of a diverse suite of Fidelity’s business and support groups.
The Director of Compensation is a subject matter expert on the HR team, working closely with HR partners and senior leaders to provide the consulting and leadership required to deliver pay programs and solutions in support of overall business objectives. You will contribute to and benefit from Fidelity’s broader compensation community where we shape the future of compensation and continuously develop, improve and share our strategies and resources that benefit our businesses, leaders and associates in achieving their goals.
We have opportunities supporting many of our BUs/Functions including Asset Management (investment compensation experience required), Corporate Services & Legal, Risk & Compliance, Enterprise Technology & Global Services, and Fidelity Institutional & Fund and Brokerage Operations and Technology.
The Team
The Human Resources team consists of associates who work in Line HR, Talent Acquisition, Talent Management, Learning & Development, HR Operations, Sales Compensation, Communications, Finance and Workforce Analytics. We are key business partners to our colleagues within the business units to develop and implement HR and learning programs and strategies. We also partner closely with enterprise HR teams to deploy and support central programs and initiatives.
The Expertise You Have- Bachelors or equivalent; 8 years of experience in compensation/sales compensation and/or finance/business preferred
- You have designed, developed and managed a variety of compensation programs and processes including base salary, variable pay programs, sales compensation, compensation strategy and competitive pay analysis
- You are an expert with the full spectrum of approaches and tools used for compensation-related market research, modeling and analysis
- You have deep analytical skills with an ability to break down complex questions / data into well-structured analyses, and synthesize key points
- You effectively manage concurrent programs, processes and initiatives collaborating with and influencing a wide range of stakeholders, and have a proven ability to think end-to-end about the work to be implemented
- You have expertise with Microsoft Excel analysis and experience with various HR database applications
- You have the expertise, confidence and skill to develop and deliver formal and informal reports, presentations and communications to executive audiences
- You are passionate about building consultative partnerships with HR, Finance and senior business leaders
- You enjoy working on initiatives and programs that often extend beyond the local team and business unit
Client Support/Relationship Management: Provide consultation, coaching and sophisticated advice to Line HR and senior business leaders on complex compensation issues. Conduct analysis to address compensation issues, projects or initiatives. Complete pay recommendations for executive offers. Participate in the design & delivery of manager and HR training to increase the understanding of our compensation philosophy, strategies, programs and decisions.
Workforce Analytics: Work closely with HR partners to better integrate HR data and analytics in support of workforce plans and business practices. Develop impactful data visualizations for HR partners and leaders to enable better insights and decisions.
Program Design: Partner with Finance/Variable Compensation teams to design and develop sales incentive plans, and support formal plan governance and oversight activities. Represent the voice of the customer in the design of enterprise-wide pay programs and lead the design for client pay programs.
Cycle Management: Serve as the primary contact for Line HR for annual cycle administration activities. Inform, manage and measure operational cycle components. Provide issue resolution, support reporting and analysis.
Collaborate with Enterprise Compensation to establish shared reporting requirements. Work in close partnership with Line HR and Finance/Variable Comp teams to support variable semi-annual bonus cycles.
Market Data Management: Act as SME on surveys, data and tools. Lead competitive assessments using market analysis, including defining the peer groups and formulating recommendations and presenting to management. Coordinate job matching process, review data when surveys are complete and analyze market survey data trends.
Company Overview
At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associate for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.
Certifications
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
Fidelity's working model blends the best of working offsite with maximizing time together in person to meet associate and business needs. Currently, most hybrid roles require associates to work onsite all business days of one assigned week per four-week period (beginning in September 2024, the requirement will be two full assigned weeks).
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com. - Bachelors or equivalent; 8 years of experience in compensation/sales compensation and/or finance/business preferred
- 16 Days Ago
Outside insurance sales
- Allstate Benefits
-
Providence, RI
FULL_TIME
- Allstate is a leading insurance provider committed to delivering exceptional coverage and personalized service to our customers. With a focus on integrity and innovation, we strive to protect what mat...
- 17 Days Ago
RI-Providence Insurance Sales Specialist 😎 Hybrid
- AMERICAN SENIOR BENEFITS LLC
-
Warwick, RI
FULL_TIME
- Overview AGENTS WANTED! Are you ready for a career for life? Want stability? Want to give back to your community? At Charter Financial Group, backed by AMERICAN SENIOR BENEFITS, where we put people ba...
- 2 Months Ago
RI-Providence Insurance Sales Specialist Hybrid
- AMERICAN SENIOR BENEFITS LLC
-
Warwick, RI
FULL_TIME
- Overview: AGENTS WANTED! Are you ready for a career for life? Want stability? Want to give back to your community? At Charter Financial Group, backed by AMERICAN SENIOR BENEFITS, where we put people b...
- 2 Months Ago
Manager, Compensation
- University of Rhode Island
-
Kingston, RI
FULL_TIME
- Position InformationPosting Number SF01736 Job Title Manager, Compensation Position Number 109732 FTE 1.00 FLSA Exempt Position Type Professional Staff Union Non-Union Non-Classified Staff Pay Grade L...
- 8 Days Ago
Compensation Analyst
- Citizens
-
Johnston, RI
FULL_TIME
- DescriptionThe Compensation Analyst will work collaboratively with Compensation and Human Resource partners to develop, implement, and administer compensation programs.The Compensation Analyst will be...
- 8 Days Ago
Compensation and Benefits Director jobs at Popular Companies
About Rhode Island
Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation and Benefits Director jobs
$183,196 to $240,696
Most Popular Cities in Rhode Island for Compensation and Benefits Director Jobs
What does a Compensation and Benefits Director do?
Compensation and Benefits Director in Boston, MA
AWS provides developers and their organizations with building blocks that allow them to innovate faster and to operate their software more efficiently and effectively.This leader will come into the role without a playbook, but should have a history of driving innovation and finding new solutions, which lead to tangible results and compensation and equity programs that align senior management with shareholder value and drive achievement of business objectives.
January 03, 2020
Compensation and Benefits Director in Gary, IN
Compensation and benefits managers are not legally required to be certified.
December 10, 2019
Compensation and Benefits Director in Little Rock, AR
Most compensation and benefits managers work full time and may work long hours.
December 30, 2019