Full Time Job

Compensation Director

Universal Music Group

Santa Monica, CA 09-30-2021
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  • Paid
  • Full Time
  • Senior (5-10 years) Experience
Job Description
How you'll LEAD:

As the Director, US Compensation you will be responsible for the design, communication, and management of all aspects of the US compensation programs including salary, short-term and long-term incentive plans. You will report to the Vice President, Total Rewards and as part of the international Reward group, you and your team will play an active role in ensuring consistencies within the UMG compensation practices worldwide. You will partner with US People, Inclusion and Culture (''PIC'') Business Partners, the Centers of Excellence (i.e., People Operations and Systems, Talent and L&OD) and counterparts in finance, legal, tax and external providers.

How you'll CREATE:
• Responsible for the evaluation, development, implementation and management of all US compensation policies and programs, which include salary, annual incentive, and long-term incentive pay, that support the organization's business strategy
• Monitor the effectiveness of existing compensation practices and recommends changes that are consistent with compensation trends globally
• Design creative solutions to specific compensation-related programs and incentive plans
• Partner with PIC Business Partners to provide advice and analysis for compensation challenges, including but not limited to talent retention, internal comparison, market competitiveness, pay decisions, policy interpretations, and job evaluations
• Assist in design, implementation, and management of sales incentives plans
• Overall ownership of global equity incentive compensation and ESPP programs
• Responsible for oversight of global equity transactions and the equity administration platform including employee census data, grants, exercises, sales, releases, terminations, and employee communications
• Leading the US compensation team through key enterprise-wide processes (such as annual merit, long-term and short-term incentives, etc.)
• Ensure compliance with federal, state, and local compensation laws and regulations
• Oversee the participation in US salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved
• Ensures team's ability to provide effective and robust analytics and strategic support to PIC Business Partner and business

Bring your VIBE:
• Thorough understanding of short and long-term incentive plans, concepts, and designs
• Experience managing all equity incentive compensation and ESPP programs
• Knowledge of all federal, state, and local regulations and compliance requirements related to US compensation standards and principals
• Heavily seasoned ''power-user'' regarding Excel and PowerPoint preferred
• Highly effective data management skills with a commitment to accuracy and details
• Workday Advanced Compensation software experience a plus
• Highly collaborative with an ability to understand and relate to multiple stakeholders from various disciplines and countries/regions (e.g., finance, legal, operations)
• Strong leadership and team management skills
• Excellent time management skills and ability to plan and set priorities
• Excellent verbal and written communication skills
• Strong project management skills
• Ability to cope with shifting/multiple priorities and deadlines
• Demonstrate strong initiative and exercise good judgment and resourcefulness
• Computer proficiency and technical aptitude with the ability to use Microsoft Office products
• 5 - 10 years' experience in compensation
• Bachelor's degree in human resources, business or related field
• Two to Three years of related experience in an HR leadership role
• SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP) credentials certification preferred

Perks Playlist:
• Competitive Compensation Package including Salary, Benefits and Generous 401k Savings Plan
• Paid Time Off – Paid Holidays, ''Winter Break'', Summer Fridays
• Student Loan Repayment Assistance
• Employee Developmental Support
• Annual Gym Reimbursement Package
• Pet Insurance, plus much more!

Universal Music Group is an Equal Opportunity Employer

Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.

Jobcode: Reference SBJ-gxn44j-3-229-142-91-42 in your application.

Company Profile
Universal Music Group

We are Universal Music Group, the world’s leading music company. We are the home for music’s greatest artists, innovators and entrepreneurs.