Overview:
The Director of Compensation is responsible for all aspects of the compensation function at Aramark’s Uniforms lines of business. Supports Aramark’s strategy and mission in the design, development, implementation, administration, and communication of compensation programs based on a solid understanding of what drives engagement in a multi-faceted workforce.
Responsibilities/Essential Functions:
- Lead year-end compensation processes, market research, salary planning, program design and development and provide customized solutions aligned to the strategic requirements of the businesses.
- Influence and promote the business value for strategic compensation and further enhance the basic compensation infrastructure to ensure there is a defined framework in place. Apply knowledge and research results of job documentation, job evaluation, market and pay data, and salary structures to implement best practices for the organization(s).
- Develop proactive relationships and partner with HR and finance teams, business leaders and line managers across the organization for compensation issues.
- Lead the annual incentive sales compensation planning cycle and provide expertise on the design, development and administration of sales and employee compensation programs and other incentive programs.
- Lead salary administration activities and ensure that all compensation transactions are managed in a highly efficient manner. Ensure that compensation communications align with the company philosophy, are proactive, easy to understand and are easily accessible to HR colleagues.
- Lead the annual salary planning cycle (i.e., merit, equity adjustments, minimum wage changes) including communications, reporting, data validation, and administration.
- Responsible for maintaining the eligibility for and tracking of the annual management bonus programs. Coordinate communications to participants. Collaborate with Corporation Compensation, Finance, Human Resources, and Payroll to plan, administer, and improve the program processes.
- Oversee the competitive market data submission and analysis process ensuring a high degree of data integrity and accuracy. Manage the market data software system.
- Provide timely, high-quality information and recommendations to senior executives on compensation trends and issues.
- Oversee the corporate relocation program with the vendor and Aramark corporate. Manage the relocation process, evaluate, and recommend cost-effective changes and improvements to the program. Provide training to new HR administrators, coordinate with Finance to ensure accrual data is accurate and timely, and manage exception requests.
- Partner with HRIS to ensure that the HR/Payroll system meets compensation needs and is updated to reflect changes to salary structures, job titles, bonus programs, etc.
- May assist in other related areas of Human Resources, such as Benefits, HRIS, or Performance Management.
Knowledge/Skills/Abilities:
- In-depth technical and analytical compensation expertise with a strong understanding of the relationship between compensation and achieving business objectives, and the motivation and retention of employees.
- Knowledge of sales compensation programs and incentive/commission plans; preferrable.
- Demonstrated track record of success implementing compensation systems.
- Ability to drive multiple projects simultaneously with a proven track record of success. Unfazed by complex issues and enjoys generating creative and business-oriented solutions and working in a professional environment as part of an integrated team.
- Collaborative, values-based business partner who is proficient at building strategic relationships at all levels, both internally and externally.
- Advanced working knowledge of Excel, Word, and Power Point. Working knowledge of HR and compensation-related systems (currently UKG, Varicent Incentive Compensation, PayScale Market Pay). The expectation is that this individual provides a strong technical leadership to the function.
- Strong interpersonal skills and must be able to partner with a variety of constituencies, always being sensitive to the perspective of stakeholders.
- Possesses an executive presence – is confident, engenders trust and commands attention and respect through knowledge and competence. Builds relationships across all levels in the company.
- A strong people manager, leader, an advisor, a coach and a role model – sets an ethical standard across the business.
Working Environment/Safety Requirements:
This location requires all individuals working on site to be fully vaccinated against COVID-19
Office environment.
Very little expectation to travel domestically for the business.
Experience/Qualifications:
- Seven to ten years or more of senior management level responsibility in executive and non-executive compensation, and design and implementation, either in a large corporate environment or in a leading compensation consulting firm.
- Prior experience leading functional excellence in compensation by building, leading and developing a talented, high-performing compensation function.
- Bachelor’s degree or equivalent in business, human resources, statistics, accounting, or related field. MBA preferred.
License Requirements/Certifications:
CCP – Certified Compensation Professional is desired, but not required
Job Type: Full-time
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- Compensation: 3 years (Required)
Work Location: Multiple locations