Director, Compensation

NEIMAN MARCUS GROUP

The Director, Compensation provides strategic leadership of the Compensation function by developing, implementing, and maintaining base and variable pay programs to support the People Services strategy, and leading a team of Compensation professionals to administer compensation programs at all levels of the organization.

Responsibilities & Duties

• Manage staff and functions for executive, corporate, group operations, and store compensation programs and services within Neiman Marcus Group's Total Rewards department
• Support executive compensation programs, assist in preparations for Compensation Committee meetings, oversee and participate in analytics and program design activities
• Administer base pay plans and annual compensation planning processes
• Support design and administration of incentive programs, including annual bonus plans, commission and sales bonus plans, and other variable pay plans
• Oversee job evaluation, market pricing, survey compilations, and other processes related to design and maintenance of compensation programs
• Oversee administration of related programs, including severance plans, sales contests, employment offers, and others
• Partner closely with internal team members including Finance, Operations, Merchandising, People Services, and Legal to develop and implement compensation programs

• Exemplary customer service orientation, including demonstrated ability to lead self and a team that consistently delivers high-quality solutions adapted to the needs of the business
• Advanced consulting skills, including the ability to effectively scope and lead cross-functional projects,
• Exceptional communication and influencing skills, and ability to effectively interact with a wide range of individuals ranging
• Strong financial and technical acumen, including strong working knowledge of legal, regulatory and governance requirements, and industry benchmarking and best practices
• Advanced level knowledge of Excel
• Bachelor's degree in HR management, finance, economics, business administration, or related field; M.A. or MBA is a plus
• Minimum of 10 years' experience working with broad range of compensation, preferably in retail industry or other multi-unit employer
• Minimum of 6 years of people management experience.