Director, Compensation, Human Resources
- Location
- Winston Salem, NC
- Employment
- Full Time
- Work model
- On-Site
- Level
- Staff
- Posted
Skills
About this role
External Applicants: Please ensure all required documents are ready to upload before beginning your application, including your resume, cover letter, and any additional materials specified in the job description. Cover Letter and Supporting Documents: Navigate to the "My Experience" application page. Locate the "Resume/CV" document upload section at the bottom of the page. Use the "Select Files" button to upload your cover letter, resume, and any other required supporting documents. You can select multiple files. Important Note: The "My Experience" page is the only opportunity to attach your cover letter, resume, and supporting documents. You will not be able to modify your application or add attachments after submission. Current Employees: Apply from your existing Workday account in the Jobs Hub. Do not apply from this website. A cover letter is required for all positions; optional for facilities, campus services, and hospitality roles unless otherwise specified.
Job Description
Summary This position is responsible for creating a comprehensive compensation philosophy and strategy for Wake Forest University designed to attract and retain top talent. The Director will lead a group of compensation professionals to develop, implement, and maintain the compensation/classification functions. The Director of Compensation provides direction, guidance, and interpretation of policies to the WFU community on all compensation-related matters, assuring that programs are compliant with federal and state regulations, internally equitable, externally competitive, and fiscally responsible. The incumbent will work with a high degree of independence under the general direction of the Executive Director, Compensation & Benefits.
Job Description
Essential Functions: Establish strategic direction, set goals, and manage compensation and classification unit projects. Anticipate future needs, challenges, and opportunities and collaborate with HR colleagues on long-range planning. Recommend, update, and implement compensation/classification policies and practices and ensure compliance with legal and regulatory requirements. Provide leadership, guidance, and training on day-to-day compensation procedures and policy interpretation. Ensure appropriate auditing measures are in place. Plan, develop, and coordinate the implementation for annual salary administration; lead and guide the implementation. Lead, manage, and perform classification/compensation studies and job analysis for individual, new, and existing positions. Manage the process of requesting new or revised job descriptions; evaluate needs based on organizational or market factors; assess appropriate pay through job evaluation methodology and market data. Develop and maintain job families and corresponding pay structures, updating as necessary. Monitor minimum wage pay among peer schools and institutions; provide financial analyses to help WFU stay competitive and make pay recommendations. Coach, counsel, and assist campus leadership in understanding compensation theory and practice, applying both theory and practice in recommending courses of action. Design and develop tools to help managers in making compensation-related decisions. Consult with management on reorganizations, classification, and compensation matters. Perform other related duties and participate in special projects as assigned. Other Functions: Work with Payroll to meet deadlines for timely and accurate payments. Review business processes to identify and address opportunities for improvement. Required Education, Knowledge, Skills, Abilities: Bachelor's degree with five years of related experience and one to three supervisory/management experience, including professional compensation experience. Proven ability to work collaboratively with operating units and other HR team members. Demonstrated ability to work effectively using sound judgment and decision-making. Commanding knowledge of