Compensation Director jobs in Maryland
Compensation Director is responsible for the design, implementation, and ongoing evaluation of the organization's compensation programs, including base pay, incentive pay, and performance management programs. Leads the compensation function and works with senior management to ensure that compensation strategy and programs support the organization's business objectives, meet all legal requirements, and deliver value and equitable pay. Being a Compensation Director develops compensation budget for assigned areas and manages budget after it is approved. Establishes data collection and analysis processes for market, pay equity, and other compensation studies. Additionally, Compensation Director may be responsible for entire organization or for one or more major segments of a larger organization. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a head of a unit/department. The Compensation 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 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 Director jobs
Compensation Business Partner (Compensation Director)
- GEICO
-
Chevy Chase, MD
FULL_TIME
-
The People Group is looking for a Compensation Business Partner to join the Total Rewards Team. This position is a key member of the Total Rewards team ensuring the company's compensation programs are appropriate to the needs of the organization, are competitive and compliant. We are looking for someone who will serve as a strategic compensation business partner by designing, implementing, and managing complex compensation programs for given client groups that are competitive and support the Company's business and strategic plans.
More specifically, you will:- Act as the primary consultant for multiple support functions and/or business units, serving as a strategic advisor on compensation practices and the pay landscape both internally and externally.
- Conduct job family reviews and market price jobs.
- Provide innovative compensation recommendations and solutions that are aligned with business strategy, challenging the status quo where necessary to arrive at optimal outcomes.
- Lead compensation related communications and change management processes.
- Facilitate annual merit and bonus programs for assigned client groups.
- Develop, implement, and administer base pay programs, including pay setting, pay structure development, and pay progression policy formulation for given client groups.
- Conduct complex modeling and analysis on all aspects of compensation which may include building analytical tools to predict and/or diagnose compensation issues, drawing themes and trends from data analysis to influence and support decision making, and effectively representing data in charts and graphs.
- Lead and develop a team of compensation analysts.
- Partner with other corporate areas to ensure full compliance of all compensation programs (e.g., Accounting, Tax, and Legal).
- Develop and deliver efficient and effective presentations to influence decision making and communicate information to management and partners.
- Bachelor's or Master's degree in a field related to Finance, Business management/administration, or HR administration preferred.
- External market awareness and insight into compensation trends and legislation.
- Familiarity with HRIS applications (Workday) desired.
- 10 years of compensation experience preferred.
- 5 years of management experience preferred.
- Leverages a consultative approach, strategic focus, and pragmatism, coupled with highly analytical thinking and meticulous attention to detail.
- Advanced Excel expertise and ability to create, organize and manipulate large sets of data in complex Excel spreadsheets.
- Excellent verbal and written communication skills. Must have good interpersonal and client facing skills with HR Business Partners, Managers, and Senior Leadership. Comfortable partnering and communicating with all levels within organization.
- Proven analytical and problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment.
- Collaborative team player and self-starter. Take personal initiative as well as develop strong working relationships.
- Certified Compensation Professional (CCP) preferred.
$128,000.00 - $224,000.00
The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits:
As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:- Premier Medical, Dental and Vision Insurance with no waiting period**
- Paid Vacation, Sick and Parental Leave
- 401(k) Plan
- Tuition Reimbursement
- Paid Training and Licensures
- Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.
- Coverage begins on the date of hire. Must enroll in New Hire Benefits within 30 days of the date of hire for coverage to take effect.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
- 4 Days Ago
ASSISTANT TO THE COMMISSIONER I WORKERS' COMPENSATION COMMISSION
- State of Maryland - Worker's Compensation Commission
-
Baltimore, MD
FULL_TIME
- Introduction OUR MISSION The Maryland Workers' Compensation Commission seeks to secure the equitable and timely administration of the provisions of the Maryland Workers' Compensation law on behalf of ...
- 5 Days Ago
Early Commercial Director – Immunology
- 10000136 - Director Marketing
-
Gaithersburg, MD
FULL_TIME
- We are seeking a strategic commercial professional to effectively partner with our early stage: Candidate Drug Investment Decision (CDID) – Phase 3 Investment Decision (Ph3 ID), product teams, market ...
- 8 Days Ago
Global Brand Director - Respiratory Biologics
- 10000136 - Director Marketing
-
Gaithersburg, MD
FULL_TIME
- Are you ready to shape the commercial strategy of a key respiratory biologic product and help improve the lives of patients on a global scale? Join us at AstraZeneca and be part of orchestrating netwo...
- 3 Days Ago
Statistical Science Director, Late Oncology
- 50056650 - Assoc Director Biostatistics
-
Gaithersburg, MD
FULL_TIME
- Statistical Science Director, Late OncologyGaithersburg, (MD) and Wilmington (DE)Play a critical role in making our pipeline accessible to patients. Do you have expertise in, and passion for, Biostats...
- 4 Days Ago
Senior Director, Business Partnering Communications
- 10000236 - Corporate Affairs Director
-
Gaithersburg, MD
FULL_TIME
- Senior Director, Business Partnering Communications About AstraZenecaAt AstraZeneca, we put patients first and strive to meet their unmet needs worldwide. Working here means being entrepreneurial, thi...
- Just Posted
Compensation Director jobs at Popular Companies
Director, Compensation Design
- Epsilon
-
Irving, TX
- Job Description How You'll Make an Impact: The Compensation Director Design will be charged with working directly with t...
- 6/11/2024 12:00:00 AM
National Director of Compensation
- Southwest Key Programs
-
Austin, TX
- Job Summary:: Reporting to the VP of Human Resources, the National Director of Compensation will oversee the Compensatio...
- 6/11/2024 12:00:00 AM
Compensation Director - North America - Remote
- Quadient
-
Boston, MA
- Connect with Quadient Quadient is a global leader in customer communication solutions. With over 100 years' of experienc...
- 6/10/2024 12:00:00 AM
Compensation Business Partner (Compensation Director)
- GEICO
-
Chevy Chase, MD
- The People Group is looking for a Compensation Business Partner to join the Total Rewards Team. This position is a key m...
- 6/10/2024 12:00:00 AM
Director/Senior Director, Verbal Identity
- Interbrand
-
New York, NY
- About Interbrand Interbrand understands what it takes today to build the world's most iconic brands. To support our clie...
- 6/10/2024 12:00:00 AM
Director of Risk Management
- The Judge Group
-
Salisbury, MD
- Perdue Farms is a family-owned food and agriculture company now in its second century of growth and innovation. We were ...
- 6/8/2024 12:00:00 AM
Compensation Director
- Southwest Key Programs
-
- Reporting to the VP of Human Resources, the National Director of Compensation will oversee the Compensation Department. ...
- 6/7/2024 12:00:00 AM
Senior Account Director
- Lumen
-
WORKS FROM HOME, NY
- About Lumen Lumen connects the world. We are igniting business growth by connecting people, data and applications – quic...
- 6/3/2024 12:00:00 AM
About Maryland
Maryland (US: /ˈmɛrələnd/ (listen) MERR-əl-ənd) is a state in the Mid-Atlantic region of the United States, bordering Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware to its east. The state's largest city is Baltimore, and its capital is Annapolis. Among its occasional nicknames are Old Line State, the Free State, and the Chesapeake Bay State. It is named after the English queen Henrietta Maria, known in England as Queen Mary.
Sixteen of Maryland's twenty-three counties border the tidal waters of the Chesapeake Bay estuary and...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Compensation Director jobs
$184,096 to $241,998
Most Popular Cities in Maryland for Compensation Director Jobs
What does a Compensation Director do?
Compensation Director in Santa Barbara, CA
Compensation and Benefits Managers plan, direct, or coordinate compensation and benefits activities of an organization.
January 06, 2020
The Office of the Provost is responsible for all faculty hiring and compensation decisions, though much of the hiring, performance assessment, and compensation decisions are made at the level of the academic schools by deans or their designees.
December 26, 2019
Compensation Director in Florence, SC
Compensation and benefits managers consult with department heads and management in order to discuss benefits, compensation and compliance needs.
February 04, 2020
Compensation Director in Albany, GA
The compensation and benefits manager plays a key role in coordinating the corporate compensation and benefits department.
February 21, 2020