Andover, MA, 01812, USA
3 days ago
Director, Compensation & Performance Management
Job Summary: This position reports directly to the VP, Total Rewards, and is responsible for our broad-based compensation, performance management and recognition programs. The Director, Compensation and Performance, will lead program initiatives that advance our business objectives consistent with competitive practices and evolving trends, and will collaborate with functional and business leadership with respect to compensation, performance and recognition designs and policies. Job Responsibilities * Review, calibrate and manage broad-based compensation programs (base salary, short- and long-term incentive programs and recognition) to align with our business needs and high-performance culture, keep a competitive position in the marketplace, maintain internal equity in pay programs and determinations, and ensure compliance with applicable state and federal laws. * Develop and maintain our enterprise-wide compensation structure, including salary grades and ranges, geographic differentials, job classifications, career levels, job descriptions, organization charts, and related position management information for the organization. Partner with workforce solutions and HR business partners on job architecture changes that support our workforce planning and business objectives. * Lead key compensation initiatives such as compensation strategy redesign and implementation, pay equity studies and remediation, pay transparency, broad-based benchmarking reviews, critical-role retention reviews, career leveling frameworks, and career path/ladder formation. * Oversee the administration of the annual salary (merit), short- and long-term incentive compensation planning processes. * Oversee job evaluations, HR governance maintenance, annual compensation surveys and timely audit responses. * Lead our performance management strategy and oversee related processes, including goal setting, mid-year check-ins and year-end performance reviews, and related communications, training, system alignment and project management. * Partner with HR business partners and talent management to align performance management processes with business goals and other performance-related programs. * Provide support in international compensation practices including new hire job evaluation, pay adjustments, merit and bonus cycle and re-organizations. * Oversee recognition award programs and ensure they are driving and rewarding intended outcomes aligned with Mercury’s Values, Mindsets & Behaviors. * Manage compensation and recognition vendor relationships and performance through regular meetings and reviewing usage, participation and overall program expense. Run cost analyses to ensure return on investment and periodically re-compete business to drive cost savings. * Partner with talent acquisition and HR business partners to optimize compensation-related processes and decision-making for job requisitions. Evaluate market dynamics and new business-driven requirements to address “hot” jobs in the market and create new policies and processes accordingly. * Collaborate with a high level of influence across business and functional leadership groups to ensure compensation plans, policies and decisions are developed and communicated effectively and consistently. Encourage innovative solutions and non-siloed thinking across business and functional areas. Maintain strong cross-functional relationships with payroll, finance, legal, communications, IT and other HR colleagues including our HR business, talent and workforce solutions partners. * Partner with the VP, Total Rewards to manage appropriately align executive compensation designs with broad-based compensation programs. * Assist with M&A due diligence and integration activities related to compensation matters. Required Qualifications * Bachelor’s degree in business administration, human resources or similarly related field or equivalent experience. * 10 years of progressive compensation or equivalent experience, with 5+ years of performance management experience * Industry experience with an aerospace, defense, technology company, or government contractor * Broad compensation experience (base, bonus, and executive programs) with progressively increasing independence, responsibility, and complexity in a fast-paced environment, preferably gained while working for global, matrixed organizations. * Deep understanding of interdependencies in compensation program and systems design, as well as legal, financial and tax implications of compensation programs and decisions. * Demonstrated professional business acumen, collaboration, diplomacy, judgment and relationship building that translates short and long-term strategy into actionable and measurable plans. * Strong presentation skills, including the development of polished powerpoint slides that convey compensation and performance management initiatives to both executive and broad-based audiences. * Strong quantitative skills including advanced excel skills to model various compensation scenarios. * Demonstrated experience of successfully executing against tight deadlines and proactive issue resolution. * Knowledge of federal and state wage and salary laws and regulations. Preferred qualifications: * Certification: CCP * Good Communications skills. "This position requires you to access information that is subject to U.S. export regulations. You may only access such information if you are a U.S. citizen, lawful permanent resident of the U.S., protected individual as defined by 8 U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. government." Why should you join Mercury Systems? Mercury Systems is a technology company that makes the world a safer, more secure place. We push processing power to the tactical edge, making the latest commercial technologies profoundly more accessible for today's most challenging aerospace and defense missions. From silicon to system scale, Mercury enables customers to accelerate innovation and turn data into decision superiority. Headquartered in Andover, Massachusetts, Mercury employs more than 2,300 people in 24 locations worldwide. To learn more, visit mrcy.com Our Culture We are committed to making Mercury a great place to work, no matter where our employees are located. We offer a casual and enjoyable atmosphere that allows employees to learn and grow. We help and care for one another and work as one to achieve results for us and for our customers. We value communication and transparency, and strive to foster two-way dialogue at all levels of the organization. We are committed to lifelong learning, offering comprehensive skills training and tuition reimbursement. Whether you're just starting out on your career journey or you are an experienced professional, it's important to us that you feel recognized and rewarded for your contributions. To find out more about Why Mercury?, or visit the Mercury Community or find answers to general questions at Mercury FAQs Mercury Systems is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex (including pregnancy), sexual orientation, gender identity, national origin, genetic information, creed, citizenship, disability, protected veteran or marital status. As an equal opportunity employer, Mercury Systems is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact the number below for assistance (978) 256-1300 Click here read about our recent press release. Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
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