What are the responsibilities and job description for the Director, Compensation position at Academic Partnerships?
Risepoint assists primarily regional universities in increasing their access and impact by making their academic programs available to students online. Founded in 2007, Risepoint's mission is to expand access to high-quality, affordable, and workforce-relevant education, especially for working and adult students. Risepoint brings single-minded dedication to student success, an integrated set of services, and data-driven performance to our collaboration with university partners.
Key Duties and Responsibilities
Strategic Leadership
- Influence and execute a comprehensive compensation strategy aligned with business goals.
- Serve as a trusted advisor to People team on compensation matters.
- Monitor trends, best practices, and regulatory changes to ensure the company's compensation programs remain competitive and compliant.
Program Design and Management
- Lead the design and administration of salary structures, incentive plans, and other compensation initiatives.
- Manage compensation benchmarking and survey strategy. Evaluate and benchmark jobs to ensure competitive positioning within the market.
- Oversee the annual compensation review cycle, including reward increases, bonus allocations, etc.
Data Analysis and Reporting
- Lead analysis on the best survey to use for benchmarking
- Analyze compensation data and market trends to make data-driven recommendations.
- Prepare and present reports for executives and stakeholders on compensation strategy, metrics and effectiveness.
Compliance and Risk Management
- Ensure compliance with federal, state, and local compensation regulations, including FLSA, pay equity laws, and others.
- Conduct regular audits to identify and mitigate risks related to compensation practices.
Collaboration and Communication
- Partner with Business Partners and Talent Acquisition to address compensation challenges and develop tailored solutions.
- Communicate compensation philosophy and policies effectively to employees and managers, driving toward a culture of pay transparency.
Risepoint is an equal opportunity employer and supports a diverse and inclusive workforce.
Risepoint offers the following comprehensive benefits:
- 18 days PTO Winter Shutdown
- 12 designated holidays 1 floating holiday
- Medical - four options
- Dental
- Vision
- Life & Disability (company paid)
- Flexible Spending Account & Health Savings Account
- Retirement plan with company match
- Maternity / Paternity / Parental Leave (company paid)
- Volunteer Time Off
Supplemental Benefits:
- Wellness program
- Alternative medicine options
- Pet discounts
- Accident, Critical Illness and Hospital Indemnity
Personal and Professional Development:
- Continuous Professional and Leadership Development Programs
- Tuition Reimbursement for employees and their dependents
- Rewards & Recognition programs
Risepoint is an equal-opportunity employer and supports a diverse and inclusive workforce.
