Senior Director of Compensation

The Senior Director of Compensation is responsible for developing and executing a modern, comprehensive compensation strategy that aligns with the organization's objectives. This role will lead all compensation initiatives, ensuring that salary administration practices are equitable, competitive, compliant, and transparent. The Senior Director oversees a team of compensation experts, delivering high-quality, responsive support and services. This individual will collaborate with executives, HR Business Partners, Talent Acquisition, and other stakeholders to attract and retain top talent.

Key Responsibilities

• Lead the strategic transformation of enterprise compensation strategies and practices, including people, processes, and technology, with a strong focus on planning, change management, communication, and training.
• Oversee the annual compensation planning cycle, including executive compensation, salary budgets, pay structure adjustments, salary increases, and incentives.
• Manage day-to-day administration of compensation programs, including market assessments, job evaluations, and compensation recommendations.
• Oversee development and maintenance of compensation policies and procedures; provide guidance on policy interpretation.
• Ensure compliance with all regulatory requirements; analyze and audit pay practices regularly.
• Develop and analyze employee demographic and salary data to support compensation planning and reporting.
• Collaborate with HRIS, IT, and other departments to maintain automated systems for compensation program administration.
• Ensure compensation programs support the organization's talent attraction, development, and retention goals.
• Direct compensation-related communications, training, and change management initiatives to drive understanding and adoption.
• Monitor industry trends and labor market data; recommend enhancements or new programs as needed.
• Lead and develop the compensation team, including performance management, development planning, and staffing decisions.
• Develop, manage, and monitor the department's operating budget.

Qualifications

• Bachelor's degree in Human Resources, Business, or a closely related field; advanced degree and CCP (Certified Compensation Professional) preferred.
• Minimum of 10 years of relevant experience in compensation management.
• Proven success in a leadership role, including at least 5 years of experience managing and developing high-performing teams.
• Extensive experience in compensation strategy, design, and administration in complex organizations.
• Demonstrated leadership and team management experience.
• Strong analytical, strategic planning, and problem-solving skills.
• Deep knowledge of compensation regulations, market trends, and best practices.
• Experience with compensation systems and HRIS tools; ability to partner effectively with technical teams.
• Excellent communication and interpersonal skills; ability to influence and collaborate across levels and functions.

Boston Children's Hospital offers competitive compensation and unmatched benefits including flexible schedules, affordable health, vision and dental insurance, childcare and student loan subsidies, generous levels of time off, 403(b) Retirement Savings plan, Pension, Tuition and certain License and Certification Reimbursement, cell phone plan discounts and discounted rates on T-passes. Experience the benefits of passion and teamwork.