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Vice President, Compensation

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The Vice President of Compensation is responsible for designing, implementing, and overseeing the organization's global compensation strategy. This role ensures that compensation programs align with business objectives, attract and retain top talent, and comply with regulatory requirements. The VP of Compensation will work closely with senior leadership, HR business partners, and business leaders to develop competitive and equitable compensation structures that support the company’s growth and strategic goals.

Essential Job Functions:

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skills, and abilities required.

Duties and Responsibilities:

Develop and execute a comprehensive compensation strategy aligned with the company’s business goals and talent strategy.
Partner with the CPO and executive leadership to design executive and broad-based compensation programs, including base pay, incentives, equity, and other rewards.
Lead the annual compensation planning cycle, including salary structures, merit increases, bonuses, and incentive plans.
Ensure compensation programs are competitive by conducting regular market analysis and benchmarking against industry trends.
Oversee the development of total rewards statements to communicate the full value of compensation and benefits to employees.
Design and manage executive compensation plans, including short-term and long-term incentive programs and deferred compensation.
Ensure compliance with federal, state, and international compensation laws and regulations, including FLSA, Equal Pay Act, and pay transparency laws.
Develop policies and governance frameworks to mitigate risk and ensure pay equity across the organization.
Provide data-driven insights and recommendations to senior leadership on compensation trends, workforce analytics, and pay equity analysis.
Oversee job evaluation processes, including job architecture, leveling frameworks, and salary banding.
Leverage compensation analytics to drive strategic decision-making and optimize the effectiveness of compensation programs.
Partner with HR Business Partners and Talent Acquisition to develop competitive offer strategies and retention programs.
Provide leadership and mentorship to the Compensation team, fostering a culture of innovation and continuous improvement.
Educate managers and employees on compensation philosophy, policies, and processes through training and communication initiatives.
Addition of benefits oversight (timing to be discussed)
Other duties as assigned.

Desired Competencies:

Compensation Management	Executive Compensation	Incentive Programs
Market Pricing	Compensation Program Design	Compensation Strategy Development
Compensation Communication	HR Regulatory Compliance	Compensation Management Software

Education & Experience:

Bachelor’s degree in finance, accounting, human resources or a related field required; Master’s preferred or equivalent work experience.
10+ years of progressive compensation experience, with at least 5 years in a leadership role.
Experience in a global compensation structures and strategies
Expertise in executive compensation, incentive programs, and equity-based compensation.
Strong knowledge of compensation regulations, including FLSA, SEC, and global pay compliance laws.
Proven ability to lead and influence senior executives in compensation decision-making.
Strong analytical skills with proficiency in compensation analytics tools and HRIS systems.
Excellent communication and stakeholder management skills.

Certifications (Preferred):

Certified Compensation Professional (CCP) or similar certification.
Knowledge of UKG, CompAnalyst or other HR technology platforms

Location:

In office (hybrid)

Travel Requirements:

Less than 20%

Determining compensation for this role (and others) at Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law, Highspring believes that the following salary range reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure to be between $160,000 and $225,000. The individual may also be eligible for a variety of bonus and financial incentives based on individual and company performance.

Average salary estimate

$192500 / YEARLY (est.)

min

max

$160000K

$225000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Vice President, Compensation, Highspring

If you’re a strategic leader with a passion for compensation and a knack for numbers, consider the Vice President of Compensation position at Highspring in Nashville, Tennessee! In this dynamic role, you’ll have the opportunity to shape the company’s global compensation strategy, ensuring it’s not only aligned with our business objectives but also competitive enough to attract and retain stellar talent. As a VP of Compensation, your creativity will shine as you partner with senior leadership and HR teams to develop equitable compensation structures that support our growth and strategic ambitions. With your years of experience in compensation management, you'll lead the annual planning cycles, guiding decisions around salary structures, merit increases, bonuses, and innovative incentive plans. Conducting market analysis will be part of your regular routine, keeping our compensation programs fresh and compliant with the latest regulations. You'll also oversee the creation of total rewards statements to highlight the value we provide to our employees. It's not just about numbers — you’ll be fostering a culture of mentorship and continuous improvement within your team while also educating managers and employees about our compensation philosophy. If you’re ready to use your skills to drive strategic decision-making and optimize our compensation programs, join us at Highspring and make a significant impact!

Frequently Asked Questions (FAQs) for Vice President, Compensation Role at Highspring

What are the main responsibilities of the Vice President of Compensation at Highspring?

The Vice President of Compensation at Highspring is responsible for designing, implementing, and overseeing the company's global compensation strategy. This includes developing competitive compensation programs, leading the annual planning cycle for salary structures and incentives, conducting market analysis, ensuring regulatory compliance, and providing data-driven insights to senior leadership.