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Job Details

Sr Director Compensation

Company name
2U, Inc

Location
Lanham, MD, United States

Employment Type
Full-Time

Industry
Hr, Manager, Executive

Posted on
Jul 26, 2022

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Profile

What We’re Looking For:

The Sr. Director Compensation is responsible for the design, development, implementation and communication of a global compensation strategy and plans consistent with the corporate compensation philosophy. Strategically focuses on programs that are designed to ensure appropriate global alignment and the execution of a competitive and equitable compensation strategy to attract, engage, and retain key talent. In addition, the position will monitor the effectiveness and cost competitiveness of compensation programs and provide recommendations consistent with the compensation philosophy, business requirements, market and cost competitiveness. This role will work broadly across all global areas of compensation and have a significant influence within global HR and the global business.

Responsibilities Include, But Are Not Limited To:

Strategy and Growth

Support the design, implementation, administration and communication of compensation programs and practices to include sales, executive and equity compensation

Recommend a company-wide compensation philosophy and pay brand consistent with guiding principles and business objectives

Recommend revisions, new plans, or processes that are cost effective and consistent with market trends and the corporate compensation philosophy and business objectives

Partner with HR staff across the business to ensure employee understanding of salary administration, incentive, and equity programs through training programs and regular communications

Lead the participation in surveys/market studies for domestic compensation to ensure competitiveness and fairness in establishing company-wide salary ranges

Stakeholder Management

Counsel human resources partners and management in all areas of compensation, including market pricing, internal equity, promotion opportunities, retention, and other pay components as necessary

Effectively manage external consulting, vendor relationships, and service providers of competitive and economic trends, plan design, administration, and communication including compensation survey vendors, compensation consultants, and international assignment vendors

Coach, mentor, develop, manage others on the Compensation Team

Process Development and Improvement

Research and document key economic drivers influencing compensation as they relate to market ranges, salary increase budgets

Establish best practices and recommend enhancements to annual salary review cycles, pay equity reviews, promotion practices

Reporting and Compliance

Establish and maintain internal control standards, including timely implementation of internal and external audit points to ensure accurate and timely reporting of compensation, in compliance with governmental regulations, internal standards, and processes

Keep apprised of global governmental regulations to ensure compliance in those locations where the company operates

Support the compensation disclosure and analysis, including narrative and tables, monitor equity usage including burn rate, overhang, and other dilution analysis, provide expertise on equity program design, including performance share design, and partner with accounting/finance on forecasts of equity compensation expense.

Things That Should Be In Your Background:

Bachelor's degree required

A minimum of ten years of broad based and progressive experience designing and leading global compensation programs with 5 years in leadership roles.

Hands-on functional experience and demonstrated knowledge of all aspects of compensation in a public company.

Experience in design, implementation and administration of salary structures and compensation plans.

Strong business acumen with a highly analytical process orientation.

Solid decision making, problem solving, consulting, influencing, relational and partnering skills.

Excellent verbal and written communication skills; ability to adapt to a variety of audiences.

Results oriented, high energy, and hands-on leader with demonstrated coaching and mentoring skills.

Other Attributes That Will Help You In This Role:

Ability to work with a diverse team in a fast-paced environment

Enthusiasm and the ability to thrive in an atmosphere of constant change

Passion for changing the landscape of higher education

About 2U Inc. (NASDAQ: TWOU)

2U is comprised of 3 lines of business: Graduate Degree Programs, Short Course, and Boot Camps. Going beyond traditional learning management systems, we use tech, people, and data to help top universities and enterprise organizations transform in the digital era—and eliminate the back row in higher ed. We support lifelong learning which means thinking beyond a single degree. It means finding ways for students to gain the skills they need to change careers, evolve their expertise, and meet the challenges of the changing world head-on. We help our partners fill those needs—developing new digital education technologies and offerings capable of supporting students at different points in their lives. Whether they need a simple refresher, to learn something new, or to change their career trajectories completely, our partners are there to help them succeed. Together with our partners, 2U has positively transformed the lives of more than 275,000 students and lifelong learners.

2U Diversity and Inclusion Statement

At 2U, we are committed to creating and sustaining a culture that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities of our employees. We strive to offer a workplace where every employee feels empowered by the ways in which we are different, as well as the ways in which we are the same.

Benefits & Culture

Working at 2U means working with individuals that are passionate and mission driven. We collaborate on tough problems to deliver the best outcomes for our partners, students, and each other. You will find team members working together in our open office spaces, gathered in the kitchen grabbing a snack, or taking a break in our game rooms.

2U offers a comprehensive benefits package:

Medical, dental, and vision coverage

Life insurance, disability and 401(k)

Unlimited snacks and drinks

Generous paid leave policies including unlimited PTO

Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break

To learn more, visit 2U.com. #NoBackRow

Note: The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.

2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans’ status, or any other classifications protected by applicable federal, state or local laws. 2U’s equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.

Company info

2U, Inc
Website : http://2u.com

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