Compensation Director jobs in Salem, MA

Critical to this mission is our people, whose passion, innovation, and drive enable Ginkgo’s continuous progress and achievements. Our People Team strives to be a trusted partner and resource to all of our team members, so that everyone is free to unleash their creative energies on engineering biology.

To propel these efforts, we are looking for a Director of Compensation to contribute to our compensation strategy and tactics, building on and evolving our current compensation philosophy and programs. Leveraging your innovative approach and continuous improvement mindset, you will help to design programs and initiatives that match Ginkgo’s maturation journey as a company and reflect its value proposition and culture.

Responsibilities

• Partner with Senior Leadership and Compensation Consultants to develop creative compensation solutions that leverage equity plan design as a key lever in attracting and retaining top talent.
• Lead the design, implementation, communication, and administration of Ginkgo's compensation programs, ensuring that they align with current and future business needs.
• Manage the Compensation team and third party partners.
• Lead Ginkgo's annual compensation review and planning processes, ensuring risks and opportunities are articulated and addressed.
• Prepare and present analyses, materials, and recommendations to senior leadership, as needed and as appropriate.
• Ensure compliance with local, state, and federal laws.
• Deliver effective and relevant training and communication materials which educate team members on Ginkgo’s compensation philosophy.
• Oversee the standardization and application of compensation bands and benchmarks.
• Oversee company job architecture, including approving and benchmarking new job families and levels
• Oversee and develop recommendations for new hire offer letters, promotions, and job changes
• Contribute to departmental goals, objectives, and achievements.
• Collaborate with Finance, Legal, and other teams to ensure our incentive plans and programs are cost-effective, employee-friendly, and compliant.

Minimum Requirements

• 10 years of experience in compensation, with at least 5 years in a managerial role, preferably within a fast-growing biotech/pharmaceutical and/or technology industry.
• Technical proficiency in HR systems, compensation, short- and long-term incentive plans, and HR-related legal and finance issues.
• High degree of analytical capability, love of data, and ability to present complex information in a streamlined and easy to understand format, considering all possible options.
• Experience working in global, publicly traded organizations.
• Familiarity with continuous improvement systems and principles.
• Proven ability to work with an intellectually strong leadership and workforce.
• Experience in a fast-paced environment, as well as demonstrated ability to scale, drive, and manage multiple projects and initiatives in this environment, with a focus on operational excellence.
• Demonstrated ability to drive employee engagement.

Preferred Capabilities and Experience

• High-energy and proactive style, naturally following up and following through on initiatives.
• Strong business acumen, outstanding analytical skills, and business process orientation.
• Robust communication and executive influencing skills.
• Willingness and ability to adeptly manage multiple responsibilities, multiple stakeholders, competing priorities, and tight timelines.
• Demonstrated ability to understand business objectives and translate them into people solutions, particularly with compensation strategy and programs.
• Solution-oriented problem-solving skills, with rigorous decision-making ability.
• Agile working mindset, with a structured and pragmatic way of thinking, and comfort with ambiguity and fluidity.