Sr. Director, Compensation
Company Description
Visa is a world leader in payments technology, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories, dedicated to uplifting everyone, everywhere by being the best way to pay and be paid.
At Visa, you'll have the opportunity to create impact at scale — tackling meaningful challenges, growing your skills and seeing your contributions impact lives around the world. Join Visa and do work that matters — to you, to your community, and to the world.
Progress starts with you.
Job Description
- Act as a key strategic consultant with Technology leaders for driving and refining compensation strategy
- Participate in the development and drive the execution of compensation processes and initiatives such as annual review, incentive and equity plans, competitive and ad hoc analyses, projects and reporting for assigned client groups.
- Lead annual review cycle for Technology through consultation and collaboration with senior leaders to ensure a well-defined and efficient process.
- Leads market and data analytics to drive decision making including benchmarking, job profile review etc.
- Consult on compensation issues such as job evaluation, FLSA exemption reviews, compensation analyses, total compensation review and related issues.
- Leads and develops quantitative models to assess competitive practice and the organization's competitive position for specific programs.
- Build and maintain strong relationships with client group People Business Partners and Leaders to ensure effective communication of compensation strategies.
- Analyze competitive salary information to determine company's competitive position.
- Formulate recommendations regarding annual updates to the company salary structure.
- Partner with others on Compensation and People teams to support workload and execution, sharing/transfer of knowledge, increase understanding of international issues and all aspects and considerations around compensation programs and practices.
- Provide and deliver compensation training and education materials to people team and people managers. Develop training activities and material.
Qualifications
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Basic Qualifications:
- 10 years of work experience with a bachelor’s degree or at least 8 years of work experience with an Advanced Degree (e.g., Masters/MBA/JD/MD) or at least 3 years of work experience with a PhD
Preferred Qualifications:
- Bachelors Degree or equivalent experience required.
- Typically requires a minimum of 10+ years progressively responsible business/HR experience, with majority in compensation roles.
- Strong teamwork skills required to work in a fast-moving matrix environment.
- Excellent written and verbal communication skills, including interpersonal and presentation skills
- Ability to present information in a concise and meaningful manner to managers and senior leaders
- Demonstrated teamwork and relationship-building skills, and ability to lead by influence and example.
- Strong analytical skills and the ability to develop quantitative models (e.g. business case and complex forecasting). Exceptional accuracy and attention to detail
- Excellent project management skills with ability to drive consensus in cross regional and cross functional teams
- Ability to exercise good judgment and handle confidential information.
- Strong knowledge of MS Office (Word, Excel and PowerPoint).Knowledge of Workday and compensation management tools (i.e. CompAnalyst) desirable.
- Ability to work in a fast paced and changing environment.
- Experience working in a global environment on compensation and related issues strongly preferred.
- Knowledge of equity plans and international compensation issues preferred.
Additional Information
Work Hours: Varies upon the needs of the department.
Travel Requirements: This position requires travel 5-10% of the time.
Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
U.S. APPLICANTS ONLY: The estimated salary range for a new hire into this position is 207,600.00 to 270,000.00 USD per year, which may include potential sales incentive payments (if applicable). Salary may vary depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position may be eligible for bonus and equity. Visa has a comprehensive benefits package for which this position may be eligible that includes Medical, Dental, Vision, 401 (k), FSA/HSA, Life Insurance, Paid Time Off, and Wellness Program.
Perks and Benefits
Health and Wellness
- Long-Term Disability
- HSA With Employer Contribution
- On-Site Gym
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Health Reimbursement Account
- Mental Health Benefits
- Virtual Fitness Classes
- HSA
Parental Benefits
- Fertility Benefits
- Family Support Resources
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
Work Flexibility
- Flexible Work Hours
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
- Happy Hours
- Casual Dress
Vacation and Time Off
- Paid Holidays
- Paid Vacation
- Volunteer Time Off
- Summer Fridays
- Leave of Absence
- Personal/Sick Days
Financial and Retirement
- 401(K)
- Relocation Assistance
- Performance Bonus
- Stock Purchase Program
- Company Equity
- 401(K) With Company Matching
- Financial Counseling
Professional Development
- Shadowing Opportunities
- Access to Online Courses
- Promote From Within
- Learning and Development Stipend
- Tuition Reimbursement
- Mentor Program
- Leadership Training Program
- Associate or Rotational Training Program
- Lunch and Learns
- Internship Program
- Professional Coaching
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)