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Director of Global Compensation

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Remitly

19d ago

  • Job
    Full-time
    Expert Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Seattle
  • Quick Apply

AI generated summary

  • You need a relevant degree, 10+ years in compensation, 4+ years leading teams, deep knowledge of compensation practices, strong analytical skills, and leadership abilities.
  • You will analyze market trends, manage compensation programs, ensure compliance, lead a team, collaborate with stakeholders, and present insights and recommendations to senior leadership.

Requirements

  • Bachelor's degree in Human Resources, Business Administration, Finance, or equivalent experience.
  • 10+ years of experience in compensation program design, benchmarking, and analysis and 4+ years of experience leading a team of compensation professionals.
  • Strong knowledge of compensation theories, best practices, and relevant regulations.
  • Proven experience in developing and implementing compensation strategies aligned with organizational goals.
  • Interest and experience in being both strategic and executional.
  • Motivated by complexity and challenges; you are energized by growth and scale in an evolving environment.
  • Exceptional analytical and quantitative skills with the ability to interpret complex data and make data-driven recommendations.
  • Strong leadership and people management skills, with the ability to inspire and develop a high-performing team.

Responsibilities

  • Ensure compensation strategy continues to align with the organization's objectives and industry best practices.
  • Analyze market trends, compensation surveys, and competitive data to determine appropriate compensation structures and ensure the organization's competitiveness in attracting and retaining top talent.
  • Collaborate to establish compensation budgets and guidelines for the organization.
  • Manage the design and implementation of our performance-based compensation programs, including base pay and equity.
  • Conduct job evaluations and pay analyses to ensure internal equity and consistency in compensation practices.
  • Stay up to date with evolving regulations and laws related to compensation, ensuring compliance in all compensation practices.
  • Analyze compensation data and metrics to identify trends, issues, and areas for improvement.
  • Provide recommendations for adjustments or enhancements to compensation plans based on data-driven insights and industry practices.
  • Lead and manage a team of compensation professionals, providing guidance, coaching, and development opportunities.
  • Collaborate with stakeholders, including HR, finance, legal, and senior leadership, to ensure the alignment of compensation practices with the organization's goals and objectives.
  • Develop and deliver clear and concise training and communication related to compensation programs, policies, and changes.
  • Prepare and present compensation-related reports and recommendations to senior leadership and executive teams.

FAQs

What is the job title for the position being advertised?

The job title is Director of Global Compensation.

Where is this role based?

This role is based in Seattle, WA, and requires 2-3 days a week in the headquarters.

What is the main responsibility of the Director of Global Compensation?

The main responsibility is to develop and implement compensation strategies and programs to attract, retain, and motivate employees.

What qualifications are required for this position?

A Bachelor's degree in Human Resources, Business Administration, Finance, or equivalent experience, along with 10+ years of experience in compensation program design and 4+ years leading a team of compensation professionals.

What is the starting base salary range for this position?

The starting base salary range is typically $172,000-$215,000.

Are equity benefits included in the compensation package?

Yes, equity is part of the total compensation plan for U.S. Remitly employees.

What kind of benefits does Remitly offer?

Remitly offers flexible paid time off, health, dental, and vision insurance, a 401k plan with company matching, paid parental and medical leave, mental health and family forming benefits, an Employee Stock Purchase Plan (ESPP), and continuing education and travel benefits.

Is prior experience required in compensation strategy development?

Yes, proven experience in developing and implementing compensation strategies aligned with organizational goals is required.

How does the company ensure compliance with compensation regulations?

The Director will stay up to date with evolving regulations and laws related to compensation, ensuring compliance in all compensation practices.

What is the company’s stance on diversity and inclusion?

Remitly is committed to nondiscrimination and creating an inclusive environment for all employees, celebrating diversity across the global organization.

We are united through our mission - to tirelessly deliver on our promise to immigrants sending money across the world.

Finance
Industry
1001-5000
Employees
2011
Founded Year

Mission & Purpose

Remitly is a company that provides digital remittance services, enabling individuals to send money internationally in a safe, convenient, and cost-effective manner. Their ultimate mission is to transform the lives of immigrants and their families by providing them with financial inclusion and empowerment. Remitly's purpose is to create a global financial system that is more inclusive, accessible, and fair, allowing people to seamlessly send and receive money across borders, bridging the gap between loved ones and promoting economic opportunities worldwide.

Benefits

  • Continuing Education or Travel Stipend

    Spend up to $1,000 per year on costs related to continuing education or on travel to countries Remitly serves, allowing you to gain insights to our customer’s journeys.

  • Office Culture

    All of our office spaces offer our employees a place to collaborate and celebrate. With locally sourced artwork and vibrant designs, they create an environment that all can enjoy.

  • Flexible PTO, Schedules and Leaves

    Fill your cup up outside of work and take advantage of our generous paid time off policies, leave policies, and flex working hours to ensure you are able to meet the demands of life outside of work.

  • DEI Learning Opportunities

    Tap into the learning routines, resources and affinity groups Remitly provides to help you further your own DEI journey.