Director, Compensation

🔥 22 hours ago

🗽 New York – Remote

🗽 New York – Remote

💵 $166k - $216k / year

⏰ Full Time

🔴 Lead

👔 Director

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Saks

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1924

🛒 Retail

👗 Fashion

🛍️ eCommerce

Retail • Fashion • eCommerce

Saks is a luxury retail company operating Saks Fifth Avenue, an iconic department store chain providing high-end fashion, beauty, and home decor products. They offer a wide range of designer clothing, accessories, shoes, and beauty products for men, women, and children both online and at physical locations. Saks frequently runs promotions and loyalty programs, such as gift card rewards on purchases and exclusive designer sales.

📋 Description

• Design, implement, and govern comprehensive compensation strategies that attract and retain top-tier talent • Own all aspects of broad-based compensation, market pricing, annual merit cycles, and incentive plan design • Lead the annual participation in luxury retail and general industry compensation surveys • Analyze market trends and data to ensure competitive positioning • Establish and evolve geographic differentials, salary bands, and hourly wage structures • Own the end-to-end execution of the annual merit review, cost-of-living adjustments, and store incentive/bonus planning cycles • Conduct regular internal equity analyses and comprehensive audits to ensure fair pay practices • Partner with Finance to forecast compensation spend, model the financial impact of plan changes

🎯 Requirements

• 10+ years of progressive experience in compensation management • Advanced Excel skills (modeling, macros, complex formulas) and deep experience working with modern HRIS platforms (e.g., Workday, SuccessFactors) and compensation market pricing software (e.g., MarketPay, Payfactors). • Experience working with compensation consulting firms and market pricing/data • Bachelor’s degree in HR, Finance, Business Administration, or related field • Certified Compensation Professional (CCP) designation is a strong plus.

🏖️ Benefits

• medical insurance • dental insurance • vision insurance • 401(k) retirement plan • basic life insurance • supplemental life insurance • disability insurance • a variety of additional voluntary benefits (such as critical illness, hospital and accident insurance)