Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes.
Core Responsibilities
- Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals. Implements creative solutions to specific compensation-related programs.
- Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies.
- Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records.
- Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
- Coaches and contributes to the development of compensation analysts.
- Participates in special projects and performs other duties as assigned.
Qualifications
Five years related work experience, with at least Two years of Compensation experience.
Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
Progress toward CCP preferred.
Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.About Vanguard
At Vanguard, we don't just have a mission—we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.
Skills Required
- Five years related work experience
- Two years of Compensation experience
- Undergraduate degree or equivalent training
- Graduate degree preferred
- Progress toward CCP preferred
Vanguard Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Vanguard and has not been reviewed or approved by Vanguard.
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Retirement Support — Retirement support appears unusually strong through a 401(k) design that includes a match plus an additional employer contribution, which can materially lift long-term total rewards. HSA seeding and an enhanced employer match further strengthen the savings-and-benefits value of the package.
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Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle support is reinforced by a sizable annual FlexFund stipend that can be applied across many day-to-day categories such as fitness, childcare, and other personal expenses. On-site or virtual clinics and fitness options add practical health and wellness convenience.
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Affordable Benefits — Healthcare and related benefits are positioned as comparatively affordable via heavily subsidized medical plans and broad coverage options. This affordability can offset moderate base pay for employees who place higher value on out-of-pocket cost reductions.
Vanguard Insights
What We Do
We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests. Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind. Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets. For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin Vanguard Marketing Corporation, Distributor.
