Director of Compensation

It's fun to work in a company where people truly believe in what they are doing. At Dutch Bros Coffee, we are more than just a coffee company. We are a fun-loving, mind-blowing company that makes a difference one cup at a time.Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below.Position Overview:The Director of Compensation is responsible for driving the development of the company's pay for performance program through effective performance management, talent management, and the creation of competitive base salary and incentive programs. This role collaborates closely with internal and external partners to identify, develop, and implement scalable compensation initiatives aimed at attracting and retaining top talent. Additionally, the Director of Compensation ensures that all initiatives align with Dutch Bros' cultural mission, vision, and values. This position is responsible for overseeing the development, implementation, administration, and evaluation of strategies, plans, programs, and procedures designed to provide equitable employee compensation. In partnership with other Total Rewards leaders, you are essential to the development and implementation of Dutch Bros Total Rewards Philosophy and Strategy. This role will have external knowledge of compensation data analysis as they collaborate with members of senior leadership in how to provide the best compensation.Location Requirement:This role is located in the Greater Phoenix area. This position is required to be in office 4 days per week (Mon-Thurs); Fridays are optional remote work days.Job Qualifications:Bachelor's degree in Economics, Psychology, Statistics, Human Resources or Business and/or a related field that uses quantitative analysis, preferred.Certified Compensation Professional (CCP) designation, strongly preferred.SHRM-CP 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.Key Result Areas (KRAs):Provide Strategic Thought Leadership Towards Refining and Implementing Compensation Strategy:Be an expert in Dutch Bros forthcoming job architecture to ensure consistency, adherence, and change management. This will be done with items such as: job codes, levels, titles, criteria, pay levels, and ranges.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 () 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.Ensure smooth system testing, data auditing, and trainings for team members.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:Function as point and spokesperson 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.Stay informed about legislative changes affecting compensation and ensure organizational compliance.Hiring and managing 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.Skills:Change ManagementBudgetary ResponsibilityBusiness Plan DevelopmentCollaborativeCommunicationCritical Problem SolvingDelegationPhysical Requirements:In-Office Environment: Must be able to work in a busy, crowded, and loud office with frequent distractions and interruptions. Must be able to collaborate in-person with occasional impromptu in-person meetings.Office Conditions: Adaptability to typical office conditions, which may include exposure to air conditioning, heating, artificial lighting, and varying noise levels.Mobility: Ability to sit, stand, reach, twist, stretch, and work at a desk for long stretches. Must be able to occasionally move or lift office items up to 25 pounds.Hearing Requirements: Hearing must be sufficient or correctable to ensure clear understanding of spoken information, including participating in virtual meetings and phone calls. Use of hearing aids or other assistive devices is acceptable if needed.Reading and Writing Proficiency: Ability to read and write in English is essential for processing documents, drafting reports, and following up on necessary actions. Proficiency in written communication is required to handle job-related tasks effectively.Vision Requirements: Vision must be adequate or correctable to perform essential job duties, such as reading documents on a computer screen and using other visual tools. Use of corrective lenses or other measures to meet visual requirements is expected if needed.Technology Proficiency: Must be proficient in operating a computer and other office productivity tools such as printers, scanners, and collaboration software.Effective Communication: Must possess strong verbal and written communication skills to interact effectively with team members, clients, and other stakeholders via email, video conferencing, and other in-office communication tools.Compensation:$160,000 - DOEIf you like wild growth and working in a unique and fun environment, surrounded by positive community, you'll enjoy your career with us!#J-18808-Ljbffr

Created: 2024-11-06