Director Compensation
Director Compensation
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Job Description
ROLE OVERVIEW:
As a Director of Global Compensation you will serve a critical role in our business driving the strategy of Ralliants compensation offerings across a globally diverse workforce designed to advance business objectives while reinforcing our Employee Value Proposition For You. For Us. For Growth. You will have the opportunity to be part of a dynamic HR organization charged with reimagining compensation incentives and perks intended to attract align engage and retain top talent. You will be a strategic leader responsible for designing developing and executing comprehensive compensation programs that align with Ralliants business objectives and ensure competitiveness in the global talent market. You will collaborate with senior leaders HR partners Legal and other stakeholders to ensure that our global compensation programs enable our talent strategy drive a highperformance culture and foster a diverse and inclusive workplace.
RESPONSIBILTIES
Global Compensation Strategy:
- Designs and develops a forwardlooking global compensation philosophy & strategy that aligns with Ralliants overall business strategy and supports its growth initiatives.
- Partners with senior leadership to ensure compensation programs support organizational goals and talent strategy.
Global Program Management:
- Lead annual compensation planning cycles including the annual merit program
- Design and manage competitive salary structures and global shortterm incentive programs
- Develop & oversee job evaluation processes to classify marketaligned salary grades
- Benchmark company compensation against industry peers and provide recommendations as needed
- Develops and maintains strong relationships with key stakeholders including senior leadership HR functions Legal and external partners to ensure alignment and support for total rewards initiatives.
- Collaborates with business HR leaders to integrate the voice of operating companies into the design and development of global programs ensuring they contribute to Ralliants overall competitive positioning across its diverse business portfolio.
- Deliver expert compensation consultation and develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to educate and influence
- Partner with the Analytics team to generate reports that provide insights to help senior leaders and HR partners assess compensation trends that affect engagement career growth retention and performance
Performance Management:
- Collaborates with HR teams to integrate compensation programs with performance management systems fostering a culture of performance and recognition.
- Provides guidance on salary planning promotions and adjustments based on individual and company performance.
Market Intelligence & Vendor Management:
- Determines bestinclass market research vendors and tools for compensation benchmarking to ensure that Ralliants compensation programs remain competitive
- Utilizes data analytics and benchmarking tools to assess the effectiveness of Ralliants compensation programs and provide insights to leadership.
- Manage and maintain compensation technology including salary aggregator platform
- Guide compensation configuration within HCM alongside the HRIS team
Employee Communication and Engagement:
- Develops and implements effective communication strategies to educate employees about the value of their total rewards package and enhance overall employee engagement.
- Collaborates with internal communication teams to ensure consistent and clear messaging.
Leadership:
- Lead a global team of compensation professionals focused on providing expertise guidance and support to our businesses to design deliver and operationalize programs
- Support the Segment and Enterprise leadership level reporting
- Serve on crossfunctional teams as the GPO/BDO for compensation
- Key member of the Total Rewards Leadership Team
ROLE QUALIFICATIONS:
Basic Qualifications:
- 10 years of progressive experience in compensation management with at least 3 years in a leadership role.
- Bachelors degree in Human Resources Business Administration or a related field.
- Demonstrated experience in designing and implementing compensation programs in a complex global organization with multiple operating companies or business units.
- Indepth knowledge of global compensation practices regulations and market trends.
- Excellent analytical problemsolving and decisionmaking skills.
- Strong communication and interpersonal skills with the ability to effectively collaborate with diverse stakeholders at all levels of the organization.
- High level of integrity professionalism and discretion in handling sensitive and confidential information
- Highly flexible able to prioritize multiple projects and deadlines to complete well in a fastpaced rapidly evolving organization.
- English language proficiency.
Preferred Qualifications:
- Advanced degree and/or professional certifications (e.g. CCP GRP)
Ralliant Overview
Every day engineers transform scientific potential into realworld impact reshaping how we live and work. At this pivotal moment in technology Fortive is creating a focused standalone company poised to capitalize on powerful longterm trends with mission critical technologies advancing an electrified and digital future. Our team of scientists engineers and technologists is joining forces to pioneer solutions that will shape the future of industry.
Introducing Ralliant Corporation a global technology company uniting trusted brands solving tough challenges to speed breakthroughs at leading companies research institutions and governments across the semiconductor/communications/diversified electronics industrial manufacturing utilities and aero defense and space industries.
Ralliant is fueled by a global team of changemakers committed to continuous improvement and a strong culture rooted in disciplined . For more information please visit: Experience:
Director
Employment Type
Full-Time
Key Skills
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