What are the responsibilities and job description for the Director - Compensation position at Inspire Brands?
The role will design, lead, and maintain the Company’s compensation programs, including base pay, short and long-term incentives. Reports directly to the VP, Total Rewards and manages a team that is responsible for the development and deployment of compensation solutions through analysis, tools, process, consulting, and reporting.
- Oversee the company’s pay programs, including base salary, short-term incentives, and long-term incentives.
- Lead the annual market benchmarking process to update survey matching and ensure the Company’s pay programs are competitive and aligned with the marketplace.
- Partner with other members of the Human Resources team and business leaders on pay package recommendations that address business needs and attract, retain, and motivate top talent.
- Plan and execute the annual merit/bonus cycle and assist the HR community and business areas in understanding their role, timelines, and support them with decision-making.
- Conduct the annual evaluation of salary ranges and incentive targets for potential movement/changes as needed.
- Develop content and educational materials to articulate our pay programs and support the rollout of new initiatives.
- Conduct regular and ad hoc analysis of market trends and internal pay equity to ensure compensation practices remain competitive and compliant with relevant regulations.
- Lead the review and updating of our career architecture and classification program to evaluate job levels and equitable compensation across roles.
- Partner with other members of the Human Resources team to integrate compensation programs with performance management processes, ensuring alignment between pay and performance.
- Manage relationships with external vendors, such as compensation consultants and survey providers to support compensation decision-making.
- Aid in the development of global, standard compensation processes and policies, including employee mobility, bonus processing and equity administration.
- Stay abreast of laws and regulations related to compensation and ensure that the organization's compensation programs comply with legal requirements and industry standards.
- Partner with HRIS on system upgrades, enhancements, and testing for the compensation processes and modules.
- Drive process improvement and innovation.
- Identify opportunities for improved accuracy, consistency and reporting of compensation data through periodic audits.
Knowledge, Skills and Abilites:
- Foundational knowledge and acumen in compensation principles, programs and practices
- Strong analytical and problem-solving skills to develop creative solutions
- Project management skills including excellent planning, time management, decision making and organization skills
- Able to build effective working relationships by taking a customer-focused approach
- Ability to analyze, evaluate and report compensation information and data
- Self-motivated to seek out and act on feedback to develop own expertise
- Strong communication skills, in writing correspondence and effectively presenting information individually or in group situations to customers, clients, and employees in the organization
- Advanced Microsoft Excel skills
Education/Experience:
- Bachelor’s degree or equivalent experience / education
- Minimum 10 years’ experience in compensation field
- Minimum of 5 years managing others
- Excellent analytical and quantitative skills with attention to detail.
- Strong understanding of compensation principles and regulatory requirements.
- Ability to thrive in a fast-paced, agile environment
- Workday experience is preferred
- MarketPay experience is preferred
Inspire Brands is a multi-brand restaurant company whose portfolio includes more than 32,000 Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s, and SONIC restaurants worldwide.
We’re made up of some of the world’s most iconic restaurant brands, but we’re much more than just a restaurant company. We’re a team of hundreds of thousands who individually and collectively are changing the way people eat, drink, and gather around the table. We know that food is much more than a staple—it’s an experience. At Inspire, that’s our purpose: to ignite and nourish flavorful experiences.
