Senior Director, Compensation

Senior Director, Compensation

Human Resources

Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on timeand we're looking to hire talented folks with a commitment to excellence to make it all possible.

We are currently looking for a Senior Director, Compensation to join our team!

Roles and Responsibilities:

• Key resource for company-wide compensation and rewards strategy and philosophy by developing fiscally sound strategies to evaluate trends and provide recommendations for optimization and forecasting.
• Conduct best practice research and oversee market competitive assessments to ensure that all compensation and rewards remains competitive to attract, retain and motivate employees.
• Partners closely with the Finance department, especially Budget, to align strategic compensation and rewards actions financial forecasting for capital and operating budgets.
• Manages development of corporate-wide compensation policies and procedures to related to compensation and reward programs.
• Ensure all compensation and reward programs are following all Federal, State, and local compensation laws and regulations, and with established guidelines, processes, and procedures.
• Contract with external consultants as applicable.
• Prepares reports, analytics, summaries, and presents findings to senior and executive management, for use in strategic decision making or planning.
• Oversees partnerships with internal data owners to increase and maintain data integrity and data accuracy
• Manage, and develop a compensation team of at least 3 FTEs

This Position Supervises:

• Sr. Compensation Manager
• Sr. Compensation Analyst
• Compensation Manager

Education, Experience and Qualifications:

Minimum:

• Bachelors Degree or equivalent combination of training, education and relevant experience may be considered in lieu of a degree. One year of closely related work experience can be substituted for each year of education required.
• 10 years of demonstrated experience in compensation, and rewards within large multi-dimensional companies.

Preferred:

• Masters degree.
• 5 years of relevant experience
• Passenger transportation experience.

Knowledge and Skills:

• Strategic thinker with superior business and financial acumen.
• Demonstrated experience in delivering executive, board-level presentations.
• Demonstrated experience developing and implementing department and enterprise-level capital and operating budgets.
• Demonstrated success in repurposing raw data into actionable information.
• Demonstrated acumen with metrics and/or KPI development, tracking, and evaluation.
• Demonstrated business process management experience. Experience leading large-scale company-wide programs and initiatives.
• Demonstrated ability to work in a partnership environment and cooperatively with a cross-section of stakeholders.
• Excellent analytical skills - ability to accurately interpret and summarize data into decision-ready management information.
• Excellent communications and interpersonal skills, including strong listening and influencing skills. Ability to interact effectively with individuals at all levels within the organization.
• Good project management skills.
• Self-motivated, take charge, and driven attitude; demonstrated can do attitude.
• Experience in vendor negotiation, plan design, and knowledge of current trends.
• Ability to develop, lead, and grow a high-performing team and effectively work with senior leadership.
• Strong computer skills, including Microsoft Word, Excel (including expertise with spreadsheets), and strong familiarity with leading HRIS systems.
• Ability to balance competing priorities while still meeting deadlines.

Certificates, Licenses, Registrations Working Environment:

• Certified Compensation Professional (CCP) designation from World at Work.

Working Environment:

• Office work environment

At NJ Transit you will enjoy a competitive salary and excellent benefit package:

• Comprehensive Family Health Insurance Medical, Prescription, Dental, Vision
• Flexible Spending Account
• Life Insurance
• Paid Leave
• Tuition Assistance
• Pre-Tax Commuter Benefits Plan
• Retirement Plans
  • 401(a) - Retirement plan with a 6% employer contribution
  • 401(k) - Retirement saving plan with up to an 3% company match
  • 457(b) - Deferred Savings Plan

At NJ TRANSIT, diversity and inclusivity are vital to our success as are committed to hiring individuals from diverse backgrounds, experiences, abilities, and veteran status. As an Equal Opportunity Employer, we encourage all qualified applicants to apply and join our team.

Learn more about NJ TRANSIT! Sign up to receive an invitation to our next live information session at WWW.NJTRANSIT.COM/BEST