Director of Compensation, North Bergen, NJ

Company: Imperial Dade
Location: North Bergen
Posted on: May 9, 2022

Job Description:

Imperial Dade is the leading distributor of foodservice packaging, facilities maintenance supplies and equipment in the U.S. As a provider of customized supply chain solutions, the company serves customers in many business-to-business market segments including supermarkets, healthcare facilities, universities, and restaurants. Founded in 1935 and headquartered in New Jersey, Imperial Dade serves more than 80,000 customers through a footprint of 80+ branches.

We have an exciting opportunity for a hands-on Director of Compensation. Reporting to the CHRO, you will be responsible for developing and executing a compensation philosophy, strategy and programs that enable the company to attract and retain top talent in this competitive market. This is a perfect opportunity for someone interested in building the compensation function from the ground-up and making their mark on a rapidly growing company.

Responsibilities:
Develop, implement, and communicate company compensation philosophy, market strategy and salary administration practices
Manage and ensure effective governance; evaluate effectiveness of compensation programs; ensure internal consistency and external competitiveness
Partner with HR business partners and business leaders to identify and address compensation needs and challenges across the enterprise
Maintains compliance with state and federal regulation
Work closely with CHRO, Director of Benefits and VP of HR to ensure compensation philosophy aligns with overall total rewards and people strategy
Develop a viable compensation structure which includes salary ranges, compensation policy, job evaluation process and decision-making tools for managers
Oversee maintenance of market pricing process, benchmarking survey participation and market analysis to determine annual increase schedule and range movement
Responsible for short and long-term incentive design, eligibility, targets, and administration
Oversee and execute annual salary planning processes for hourly and salaried population, including recommendations for annual merit target and short-term incentive structures
Develop and manage position evaluation process, promotional increase ranges and hiring ranges; collaborate with and educate HR Business Partners, Talent Acquisition, and business leaders on compensation decisions
Monitor effectiveness of current programs and make recommendations for changes, model cost impact and present recommendations
Develop effective and compelling training and communications strategies, tools and processes to optimize perceived value, improve employee engagement and ensure regulatory compliance
Assist in board materials related to compensation programs and employee rewards

Qualifications:
Bachelor's degree in Human Resources, Business, or related field required, Master's degree and/or CEBS certification desirable
10+ years of progressive experience in compensation administration, demonstrated experience in a growing company highly desirable
Knowledge of federal and state laws governing compensation administration practices
Extensive knowledge in pay management, variable compensation, and incentive plans
Ability to manage competing priorities, flex in a fast-paced and fluid environment
Ability to operate at a strategic level with senior executives, as well as at a tactical operational level
Self-motivated; pro-active approach and strong time management skills; forward thinking
Highly collaborative style and willingness and demonstrated ability to work in teams
Sound judgment and discretion; able to manage sensitive and confidential information appropriately
Strong communicator with the ability to drive organizational change at all levels; ability to write clear and effective employee communications
Proficient in Microsoft Office Suite or related software; knowledge of HRIS (ADP WFN a plus) compensation administration platforms and integrations with HRIS
Bilingual in Spanish and English a plus

At Imperial Dade, we offer an exciting work environment and invite motivated and talented individuals with a passion for excellence to join our team. We value our people and strive to create rewarding career opportunities by offering competitive salaries and benefits, 401K, Life Insurance, and a generous Paid Time Off Package.

Imperial Dade is an EEO Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, pregnancy, status as a parent, national origin, age, disability (physical or mental), family medical history or genetic information, political affiliation, military service, or other non-merit-based factors

Keywords: Imperial Dade, North Bergen , Director of Compensation, North Bergen, NJ, Executive , North Bergen, New Jersey