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VP – Compensation

VP – Compensation

CompanyVaco
LocationNashville, TN, USA
Salary$160000 – $225000
TypeFull-Time
DegreesBachelor’s, Master’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s degree in finance, accounting, human resources or a related field required; Master’s preferred or equivalent work experience.
  • 10+ years of progressive compensation experience, with at least 5 years in a leadership role.
  • Experience in global compensation structures and strategies.
  • Expertise in executive compensation, incentive programs, and equity-based compensation.
  • Strong knowledge of compensation regulations, including FLSA, SEC, and global pay compliance laws.
  • Proven ability to lead and influence senior executives in compensation decision-making.
  • Strong analytical skills with proficiency in compensation analytics tools and HRIS systems.
  • Excellent communication and stakeholder management skills.

Responsibilities

  • Develop and execute a comprehensive compensation strategy aligned with the company’s business goals and talent strategy.
  • Partner with the CPO and executive leadership to design executive and broad-based compensation programs, including base pay, incentives, equity, and other rewards.
  • Lead the annual compensation planning cycle, including salary structures, merit increases, bonuses, and incentive plans.
  • Ensure compensation programs are competitive by conducting regular market analysis and benchmarking against industry trends.
  • Oversee the development of total rewards statements to communicate the full value of compensation and benefits to employees.
  • Design and manage executive compensation plans, including short-term and long-term incentive programs and deferred compensation.
  • Ensure compliance with federal, state, and international compensation laws and regulations, including FLSA, Equal Pay Act, and pay transparency laws.
  • Develop policies and governance frameworks to mitigate risk and ensure pay equity across the organization.
  • Provide data-driven insights and recommendations to senior leadership on compensation trends, workforce analytics, and pay equity analysis.
  • Oversee job evaluation processes, including job architecture, leveling frameworks, and salary banding.
  • Leverage compensation analytics to drive strategic decision-making and optimize the effectiveness of compensation programs.
  • Partner with HR Business Partners and Talent Acquisition to develop competitive offer strategies and retention programs.
  • Provide leadership and mentorship to the Compensation team, fostering a culture of innovation and continuous improvement.
  • Educate managers and employees on compensation philosophy, policies, and processes through training and communication initiatives.
  • Addition of benefits oversight (timing to be discussed)
  • Other duties as assigned.

Preferred Qualifications

  • Certified Compensation Professional (CCP) or similar certification.
  • Knowledge of UKG, CompAnalyst or other HR technology platforms.