Senior Director of Compensation
Dutch Bros Coffee · Tempe, AZ · Yesterday
Human ResourcesFull-time
Key Result Areas
- Provide Strategic Thought Leadership Towards Refining and Implementing Compensation Strategy
- Oversee the development, implementation, administration, and evaluation of strategies, plans, programs, and procedures designed to provide equitable and competitive employee compensation
- Supervise and oversee Dutch Bros annual salary survey submissions
- Maintain the Market Analysis Tool (salary.com) and conduct Market Data Analysis
- Oversee the administration of all compensation programs, ensuring operational efficiency and effectiveness, including managing the annual compensation review process, and utilizing technology platforms to streamline processes
- Develop and maintain compensation policies, procedures, and guidelines
- Utilize HRIS and other technology platforms to streamline compensation processes and reporting
- Conduct regular audits of compensation practices to identify and mitigate potential risks
- Carry out the Annual Compensation Review (base pay adjustments and bonus allocations)
- Manage the annual compensation review process, including merit increases, promotions, and equity adjustments
- Set, assess, and reconcile budgets
- Audit internal and external indicators of pay health (such as pay exception request frequency, market data, compa-ratio, turnover, etc)
- Oversee and certify market matches
- Maintain and create new salary structures
- Monitor and evaluate the effectiveness of compensation programs and make data-driven adjustments as necessary
Leading Internal And External Partner Management
- Lead the point and spokesperson function for compensation with Dutch Bros constituents including HR team, senior leadership, and vendors
- Ensure all compensation practices comply with local, state, and federal laws, mitigate risks associated with compensation and benefits, stay informed about legislative changes, conduct regular audits, and prepare required regulatory reports and documentation
- Hire and manage the talent needed to achieve Dutch Bros company goals
- Foster enabling conditions for talent to thrive
- Cultivate an inclusive team culture per DB standards
- Model and coach equitable decision-making, inclusive behaviors, and actions
Job Qualifications
- Bachelor's degree in Economics, Psychology, Statistics, Human Resources or Business and/or a related field that uses quantitative analysis, preferred
- CCP designation, strongly preferred. SHRMP credentials are preferred
- Externally acknowledged expert in compensation
- Detailed knowledge and strong Microsoft Office Excel/Google spreadsheet skills and familiarity with using other statistical packages
- Significant experience in an analytical HR role, compensation analytics, or similar analytical role
- Must be able to work in a fast-paced, rapid-growth environment that embraces collaborative thinking and an agile mindset