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VP – Compensation
Company | Vaco |
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Location | Nashville, TN, USA |
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Salary | $160000 – $225000 |
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Type | Full-Time |
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Degrees | Bachelor’s, Master’s |
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Experience Level | Senior, Expert or higher |
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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.