Director Global Compensation Salary in Illinois

The Director Global Compensation oversees the collection of wage, salary, and incentive survey data to ensure the organization's compensation programs/objectives are competitive. Directs, designs, and plans compensation policies, objectives, and initiatives. Being a Director Global Compensation ensures compensation programs remain within budgetary constraints. Plans and administers long and short-term equity programs and executive programs that drive company performance and comply with laws and regulations . In addition, Director Global Compensation oversees messaging to employees to promote clarity and reinforce the value of compensation programs. Keeps abreast of regulatory, market, and practice changes and trends. Champions timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to top management. The Director Global Compensation manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Director Global Compensation typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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