Assistant Vice President for Human Resources- Compensation and Benefits

Overview

 

Princeton University seeks a strategic and collaborative leader to be its next Assistant Vice President (AVP) for Compensation and Benefits in the Office of Human Resources. The next AVP will bring the expertise, creativity, and sound judgment to be a key member of the human resources senior leadership team (SLT).

The successful candidate will offer a strong blend of both compensation and benefits experience and will combine keen operational and administrative planning and execution skills with strategic vision and an affinity for Princeton’s mission and aspirations. The AVP will balance the long-term goals of the University with short-term needs and have the agility to quickly pivot and manage unforeseen events and trends. The AVP will stimulate and foster innovation in the fields of benefits and compensation in a way that respects and capitalizes on Princeton’s traditions. The AVP must embrace and embody the Princeton culture, which includes commitments to scholarly and teaching excellence, public service, collegiality, and a diverse and inclusive community. Maintaining productive and collaborative relationships with internal and external colleagues and constituencies, and strong people management will be critical to the success of the next AVP. The position offers a unique opportunity to lead and partner with a talented and experienced team. The AVP also leads, staffs or contributes to several high-level University standing and/or ad hoc committees, including those focused on benefits, compensation strategy, and compliance-related concerns. These broad and complex responsibilities make the AVP’s role critical to achieving institutional goals and priorities with respect to attracting new team members, the health, wellbeing and remuneration and satisfaction of the University’s employees.

 

The successful candidate will join Princeton University at an exciting moment of campus growth and evolution as people-focused work has continued to intensify and brought new ways of thinking in direct connection with shifting expectations of the workforce and changing needs in our workplace.

 

Position Summary

This is an outstanding opportunity for a motivated individual to contribute to the University's efforts to provide comprehensive benefits and competitive compensation for Princeton's diverse and high-performing workforce comprised of a broad array of administrative and academic staff jobs.

In concert with the vice president for human resources to whom the role reports, this position is responsible for the day-to-day operations of the University's compensation, benefits, wellbeing and work life programs to achieve excellence and innovation in all aspects, in consideration of fiscal responsibility, and adherence to regulatory requirements. It also includes, and is not limited to, service delivery, vendor management and contract negotiation, reporting, and process improvements. This AVP will partner closely with other members of the HR SLT with a “One HR” mindset.

 

Benefits and Work Life is responsible for the design and administration of all benefits (e.g. medical, retirement, Family Medical Leave) and work life/wellness programs that are comprehensive, competitive, fiscally responsible, and compliant with applicable regulations. The University offers many programs to support employee’s physical, mental, and financial well-being. 

 

Compensation is responsible for creating and administering compensation programs that are internally equitable and externally competitive, for ensuring compliance with applicable state and federal regulations, and for administering programs that support a pay-for-performance culture. 

Responsibilities

• Oversee compliance of plans, policies, procedures, and programs, including monitoring legislation before enacted, assessing and recommending responses, and implementing changes as necessary.
• Monitor, evaluate and enhance Princeton’s benefits and compensation programs and gain approval and acceptance for implementation.
• Ensure overall delivery of consistent, accurate, timely, effective, and efficient administration, advice, and services.
• Ensure system and process efficiencies, data security and integrity, and adherence to budgets.
• Develop and monitor key performance indicators regarding plan performance, internal and external operations, and customer service delivery; identifying and/or benchmarking trends and implementing appropriate solutions.
• Serve as an active member or facilitator of multiple committees (Benefits Committee, Investment and Retirement Committee and Priorities Committee).
• Oversee timely and accurate regulatory plan filings and communications within the University.
• Provide leadership and development to the Compensation and Benefits team of 20+ members, includ