Director Compensation & Benefits

Company Description

When you join Renaissance®, you join a global leader in pre-K–12 education technology! Renaissance’s solutions help educators analyze, customize, and plan personalized learning paths for students, allowing time for what matters—creating energizing learning experiences in the classroom.

Our fiercely passionate employees and educational partners have helped drive phenomenal student growth, with Renaissance solutions being used in over one-third of US schools and in more than 100 countries worldwide.

Every day, we are connected to our mission by exemplifying our values: trust each other, win together, strive for the best, own our actions, and grow and evolve.

Job Description

The Director of Compensation & Benefits is responsible for the strategic direction and leadership of all aspects of the Compensation, Benefits, and Equity Plans including overall management, design, administration, communication, compliance, activities and vendor management. The Director will manage, plan, direct, develop, communicate and coordinate work activities of the department. Ensures all plans adhere to current regulations and support the company’s strategic objectives. Demonstrate an understanding of market dynamics, key competitor compensation and benefit plan designs, and industry trends. Innovate in overall plan design and administration to address industry dynamics and to attract and retain talent. The priority is to ensure that the company’s compensation, benefits and processes plans, programs and tools (and the data and information that support them) are competitive, cost effective and most importantly support the various business strategies, enhance organizational capability and foster employee engagement.  This role will provide excellent customer service, ensure systems and processes are efficient, customer oriented and support the needs of the businesses. 

This position is strategic, analytic and operational in nature and will work collaboratively with business and HR across locations on all related matters. The incumbent must have a high degree of credibility and demonstrate his/her ability to add value with all levels of leadership and will partner closely with HR Business Partners to ensure a seamless, expertise-driven experience for business executives. This position is responsible for handling and maintaining confidential and sensitive information, acts with discretion and is accountable for legal and regulatory compliance.

In this role as Director Compensation & Benefits, you will have the following key responsibilities:

Compensation:·      

• Establish compensation strategies for both international and US locations while ensuring that all compensation and reward programs and practices are aligned with the culture and business goals.
• Designs and develops the company’s broad-based compensation programs including base salary, incentive, executive compensation and sales commission plans. As appropriate, proactively educate leaders, HR and colleagues on compensation strategy, practices and benchmarks.
• Lead the evaluation of positions and the application of existing job classifications, assignment of job levels, salary ranges and FLSA status to positions. Make recommendations for revisions and/or changes.
• Direct annual market survey and recommendations regarding changes in salary plans; oversee all activity related to published compensation surveys throughout the year and audit survey output, market trends and market competitive pay positions to ensure salary plans meet overall company goals and objectives.
• Identify opportunities to make compensation activities/processes more streamlined and efficient.
• Ensure compensation programs and practices are competitive in the marketplace to support recruitment, engagement and talent retention. Design, develop and implement any new programs or changes like career pathways, etc.
• Lead the development of annual salary budgets from collecting market data (general, industry specific, geographic) and model budget proposals.
• Lead the salary planning processes with HR and department heads from communicating budgets and process to management and managers, educating employees, providing reports, collecting recommendations, to coordinating review process with senior management.
• Responsible for LOA administration and reporting to include FMLA, ADA and other leaves.

Benefits & Administration:·    

•  Establish strategy for benefits and continuously evaluate all benefits plans to ensure they are cost effective, competitive, and meet the needs of the company and employees. Identify opportunities for changes, including new vendors, plan design, and funding. Administer all benefit plans, including but not limited to health and welfare programs, qualified