Overview
The Director of Global Compensation is responsible for the design, implementation, and on-going evaluation of Waters' broad-based employee compensation, short-term incentive, and recognition programs.
Reporting to the VP of Total Rewards, the role will work with leadership to ensure that compensation strategy and programs support the organization's business objectives and attract, retain, and grow outstanding talent. This critical role will be a part of the Total Rewards Leadership Team and will lead a talented global team of Compensation professionals.
This position is hybrid working in Milford, MA
Responsibilities
- Lead the design, implementation, and administration of broad-based employee compensation programs and processes, including base pay, short-term incentives, job leveling, market analysis, and recognition
- Monitor the efficiency of existing compensation practices and recommend changes that are cost-effective and consistent with compensation trends and corporate objectives
- Work with business leaders and Human Resources partners to build retention strategies and compelling offers to secure top talent
- Ensure appropriate level of compensation governance and business support across various functions and HR Business Partners
- Implement appropriate communication strategy and develop People Leader and employee education programs to ensure understanding of compensation programs
- Manage the annual compensation planning cycle and develop global budget recommendations
- Be responsible for the annual global compensation survey process by the Compensation Team including the purchase and participation of appropriate global salary surveys, maintenance of the survey database, annual analysis, and development of market ranges
- Lead the global pay transparency strategy and implementation
- Manage the global Compensation Team including hiring, retaining key talent, and career development
- Monitor and ensure compliance with all global and industry regulations.
- Provide employee integration support during mergers, acquisitions, and organizational changes
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Qualifications
- Bachelor's degree in Human Resources, Business/Accounting/Finance, or related field
- Certified Compensation Professional (CCP) preferred
- Minimum of 10 years of Compensation experience, preferably in a globally matrixed public company
- Skills include: Strong analytical thinking and data interpretation, communication, team leadership, project and program management
Company Description
Waters Corporation (NYSE: WAT), the world's leading specialty measurement company, has pioneered chromatography, mass spectrometry and thermal analysis innovations serving the life, materials, and food sciences for over 60 years. With approximately 8,000 employees worldwide, Waters operates directly in 35 countries, including 15 manufacturing facilities, with products available in more than 100 countries. Our team focuses on creating business advantages for laboratory-dependent organizations to enable significant advancement in healthcare delivery, environmental management, food safety, and water quality.
Working at Waters enables our employees to unlock the potential of their careers. Our global team is driven by purpose. We strive to be better, learn and improve every day in everything we do. We're the problem solvers and innovators that aren't afraid to take risks to transform the world of human health and well-being. We're all in it together delivering benefit as one to provide the insights needed today in order to solve the challenges of tomorrow.
Diversity and inclusion are fundamental to our core values at Waters Corporation. It is our responsibility to actively implement programs and practices to drive inclusive behavior and increase diversity across the organization. We are united by diversity and thrive on it for the benefit of our employees, our products, our customers and our community. Waters is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, religion, sex, national origin, sexual orientation, age, marital status, disability, gender identity or protected Veteran status.
Key Words
Compensation, Head of Compensation, Director of Compensation, Total Rewards #LI-ML1 #LI-hybrid