Senior Director, Global Compensation (Project Management)
At Elanco (NYSE: ELAN) – it all starts with animals!
As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society and Our People.
At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, you'll be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights.
Making animals' lives better makes life better – join our team today!
Your Role:
This position is responsible for providing leadership and direction for the functional design and administration of Elanco's global compensation programs. This leader ensures compensation programs align with the business objectives and are effective in attracting, motivating, and retaining key talent, while remaining fully compliant with all regulatory requirements.
This is a highly strategic and collaborative role that works cross-functionally with leaders across the organization and partners closely with leaders in HR, Finance and Legal to understand talent and business needs and collectively develop and implement effective solutions. The role will need to be able to articulate the compensation strategy and philosophy to senior leadership.
Reporting to the Executive Director, Global Total Rewards the Sr Director leads a team of 7 compensation professionals in various locations globally.
Your Responsibilities:
- Monitor industry and general market practices, trends and legal requirements and lead the development and implementation of new initiatives to ensure compensation programs remain market-competitive, financially sound, and legally compliant.
- Provide leadership and direct supervision of the Compensation team, driving accountability and desired results through effective coaching and performance management.
- Partner with HR leadership to design and implement the future Compensation operating model, leveraging the Elanco Business Services team to drive administrative efficiencies.
- Strategically assess the effectiveness of current compensation programs in achieving organizational objectives and give recommendations for modifications, evolving and improving the current global job architecture.
- Lead annual compensation planning cycle in partnership with HRIS and HR Operations teams to include salary survey submissions and compensation budget planning.
- Develop and coordinate communication strategies and activities designed to educate and inform employees about compensation.
- Establish and identify opportunities for improvement of Compensation governance across the full employee lifecycle.
- Manage vendor relationships to ensure excellent service and support. Identify vendors to solicit compensation program Requests for Proposal.
- Identify opportunities to leverage technology to improve operational effectiveness and enhance the employee experience.
What You Need to Succeed (Minimum Qualifications):
- Education: Bachelor's degree in business administration, human resources, or related field is required.
- Required Experience: 10+ years of progressive experience in Compensation programs management with 5+ years in a leadership role, ideally in a large global organization.
- Professional certification: Global Remuneration Professional (GRP) or Certified Compensation Professional (CCP) is preferred.
- Financial acumen. A leader who understands short- and long-term financial impact of Total Rewards practices, and able to prepare and oversee the presentation of relevant financial data to a senior audience.
- Demonstrated experience in implementing large global Compensation architecture and solutions.
- Experience in managing and developing remote teams.
What Will Give You the Competitive Edge (Preferred Qualifications):
- Demonstrated experience in developing creative solutions to complex problems.
- Proven success in building and leading high-performance teams to deliver desired results within specified timelines.
- Ability to stay informed of best practices and future compensation trends.
- Strong analytical skills and ability to interpret and communicate data.
- Thorough knowledge of all federal, state, and local regulations and compliance requirements related to employee compensation.
- Strong partnering and influencing skills, adept at collaborating with all levels inside an organization, including the highest executive levels of the organization.
- Strong interpersonal skills, including demonstrated experience working collaboratively with multiple disparate stakeholders at all levels.
- Comfortable driving change and embracing innovation in face of ambiguity and complexity.
- Ability to distill complex information into key messages and clearly and simply communicate in a compelling way to front line employees and executives alike.
- Experience with Workday HRIS.
- Prior M&A related compensation integration experience.
Additional Information:
- Location: Elanco Global Headquarters- Indianapolis, IN (Hybrid environment)
- Ability to flex working schedule to meet the needs of a global, matrixed business
- Expected Travel: Up to 10%
Don't meet every single requirement? Studies have shown underrecognized groups are less likely to apply to jobs unless they meet every single qualification. At Elanco we are dedicated to building a diverse and inclusive work environment. If you think you might be a good fit for a role but don't necessarily meet every requirement, we encourage you to apply. You may be the right candidate for this role or other roles!
Elanco Benefits and Perks:
We offer a comprehensive benefits package focusing on financial, physical, and mental well-being while encouraging our employees to pursue our purpose! Some highlights include:
- Multiple relocation packages
- Two weeklong shutdowns (mid-summer and year-end) in the US (in addition to PTO)
- 8-week parental leave
- 9 Employee Resource Groups
- Annual bonus offering
- Flexible work arrangements
- Up to 6% 401K matching
Elanco is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status
