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Roman Morris
Director of Compensation
Summary
Highly accomplished Director of Compensation with over 10 years of experience in designing and implementing comprehensive compensation programs. Proven ability to lead teams, conduct market research, and ensure compliance with all applicable laws and regulations. Expertise in compensation benchmarking, salary structure design, incentive plan development, performance management, employee benefits, and total rewards.
Education
Master’s Degree in Compensation and Benefits
August 2019
Skills
- Compensation Benchmarking
- Salary Structure Design
- Incentive Plan Development
- Performance Management
- Employee Benefits
- Total Rewards
Work Experience
Director of Compensation
- Collaborated with HR and business leaders to implement performancebased compensation programs that rewarded individual and team performance.
- Designed and implemented a total rewards program that included competitive base pay, incentives, benefits, and recognition initiatives.
- Managed the compensation budget and ensured compliance with all applicable laws and regulations.
- Developed and maintained compensation policies and procedures that met best practices and industry standards.
Director of Compensation
- Led the design and implementation of a comprehensive pay equity analysis and correction program, resulting in the elimination of pay gaps based on gender and race.
- Developed and executed a compensation strategy that aligned with the organizations overall business objectives, driving employee motivation and retention.
- Managed a team of compensation analysts, providing guidance and support on all aspects of compensation program design and administration.
- Conducted market research and industry benchmarking to ensure the competitiveness and fairness of compensation packages.
Accomplishments
- Led the implementation of a new performance management system, resulting in a 15% increase in employee engagement and a 10% improvement in overall performance
- Successfully negotiated a new collective bargaining agreement with the union, resulting in a 5% increase in compensation and a 3% reduction in healthcare costs
- Designed and implemented a new compensation structure that increased employee satisfaction and reduced turnover by 20%
- Successfully defended the company in a compensation discrimination lawsuit, resulting in a favorable settlement for the company
- Developed and implemented a salary benchmarking program that reduced compensation costs by 10% while maintaining employee market competitiveness
Awards
- Recognized as a Top 10 Compensation Professional in the industry by WorldatWork
- Awarded the Outstanding Achievement Award for Exceptional Leadership in Compensation Management by the Society for Human Resource Management (SHRM)
- Received the Excellence in Compensation Innovation Award from Compensation and Benefits Review magazine for developing a unique compensation program that aligned with the companys strategic objectives
- Honored with the Director of the Year Award by the American Compensation Association (ACA) for outstanding contributions to the field of compensation
Certificates
- Certified Compensation Professional (CCP)
- Senior Certified Compensation Professional (SCCP)
- Certified Benefits Professional (CBP)
- Certified Employee Benefits Specialist (CEBS)
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How To Write Resume For Director of Compensation
- Highlight your experience in leading compensation initiatives, particularly in addressing pay equity
- Showcase your expertise in compensation benchmarking and market research
- Emphasize your ability to develop and implement compensation programs that align with business objectives
- Demonstrate your skills in managing a team and collaborating with stakeholders
- Use specific examples and quantifiable results to demonstrate your impact
Essential Experience Highlights for a Strong Director of Compensation Resume
- Led the design and implementation of a comprehensive pay equity analysis and correction program, resulting in the elimination of pay gaps based on gender and race
- Developed and executed a compensation strategy that aligned with the organization’s overall business objectives, driving employee motivation and retention
- Managed a team of compensation analysts, providing guidance and support on all aspects of compensation program design and administration
- Conducted market research and industry benchmarking to ensure the competitiveness and fairness of compensation packages
- Collaborated with HR and business leaders to implement performance-based compensation programs that rewarded individual and team performance
- Designed and implemented a total rewards program that included competitive base pay, incentives, benefits, and recognition initiatives
- Managed the compensation budget and ensured compliance with all applicable laws and regulations
Frequently Asked Questions (FAQ’s) For Director of Compensation
What are the key responsibilities of a Director of Compensation?
The key responsibilities of a Director of Compensation include leading compensation initiatives, conducting market research, developing and implementing compensation programs, managing a team, and ensuring compliance with applicable laws and regulations.
What are the qualifications for a Director of Compensation?
The qualifications for a Director of Compensation typically include a Master’s degree in Compensation and Benefits or a related field, as well as 10+ years of experience in compensation management.
What are the top companies that hire Directors of Compensation?
Top companies that hire Directors of Compensation include Google, Microsoft, Amazon, and Apple.
What are the challenges faced by Directors of Compensation?
The challenges faced by Directors of Compensation include ensuring pay equity, managing compensation costs, and keeping up with changing regulations.
What are the skills required for a successful Director of Compensation?
The skills required for a successful Director of Compensation include leadership, analytical, communication, and interpersonal skills.
What is the salary range for a Director of Compensation?
The salary range for a Director of Compensation varies depending on experience, location, and company size, but typically falls between $150,000 and $250,000.
What is the career path for a Director of Compensation?
The career path for a Director of Compensation typically includes roles such as Compensation Analyst, Compensation Manager, and Senior Director of Compensation.
What are the certifications available for Directors of Compensation?
There are several certifications available for Directors of Compensation, including the Certified Compensation Professional (CCP) and the Global Remuneration Professional (GRP).