Description
We are one of the first all-remote companies with 2,000+ team members utilizing our virtual office called eXp World. This role is work-from-anywhere in the U.S.
Who is eXp?
Doing the audacious is part of eXp Realty’s DNA. We are a company that rewards creative minds who can offer bold solutions, where opinions matter, anything is possible and the outcome can be revolutionary. As a global full-service real estate brokerage utilizing a 3-D, fully immersive, cloud office environment, offering 24/7 access to collaborative tools & training, eXp has broken the traditional mold of real estate. We are doing big things.
Come join us at eXp Realty – a 7x Glassdoor Best Places to Work organization!
What you will do:
As the Director of Compensation, you’ll be at the forefront of shaping how we reward our people, leading the shift towards a skills-based pay model. This isn’t just about maintaining the status quo – it’s about rethinking and modernizing our approach to compensation to align with our company’s forward-thinking goals. You’ll play a hands-on role in ensuring our compensation strategies are competitive, fair, and in sync with eXp’s mission, while steering the company toward a skills-based approach over the next 18-24 months.
Compensation Philosophy and Strategy:
- Develop and implement a comprehensive compensation philosophy and strategy that aligns with the company’s business goals and supports the transition to a skills-based pay model.
- Collaborate with HR Leadership to ensure compensation practices are integrated with broader Talent Management and Talent Marketplace initiatives.
- Employ innovative and unconventional approaches to compensation
Skills-Based Pay Model:
- Drive the adoption of a skills-based pay model, including the creation of skills taxonomies and competency frameworks.
- Develop and implement skills assessments to evaluate and reward employees and teams based on skills and contributions.
Market Analysis and Benchmarking:
- Conduct regular market analysis and benchmarking to ensure competitive and equitable compensation practices.
- Utilize compensation surveys and other data sources to inform compensation decisions and strategies.
Compensation Program Management:
- Administer and manage compensation programs, including base pay, variable pay, and incentive plans.
- Ensure compliance with all relevant employment laws and regulations related to compensation.
Data-Driven Decision Making:
- Utilize HR analytics to inform compensation strategies, measure effectiveness, and drive continuous improvement.
- Track and report on key compensation metrics, including pay equity, market competitiveness, and internal consistency.
Stakeholder Collaboration:
- Work closely with HR partners, finance, and business leaders to understand compensation needs and provide strategic guidance.
- Build strong relationships with internal stakeholders to ensure alignment and support for compensation initiatives.
Employee Communication and Education:
- Develop and implement communication strategies to educate employees about compensation programs and practices.
- Provide guidance and support to managers and employees on compensation-related matters.
Continuous Improvement:
- Continuously evaluate and improve compensation processes and practices to enhance efficiency and effectiveness.
- Stay current with industry trends and best practices in compensation management.
How you will grab our attention:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Master’s degree preferred
- Certified Compensation Professional (CCP) designation highly desirable
- 10+ years of progressive experience in compensation management, with a proven track record of success in developing and implementing compensation strategies, with at least 5 years in a leadership role.
- Experience in developing and implementing skills-based pay practices, including the creation of skills taxonomies and competency frameworks.
- Strong background in market analysis, benchmarking, and compensation program management.
- Proficiency in Microsoft Excel and experience with HRIS and compensation management systems.
- Proficiency in utilizing data and analytics to drive compensation decisions, with experience in measuring and reporting on compensation metrics.
- Excellent communication and interpersonal skills, with the ability to build effective relationships with stakeholders at all levels of the organization.
- Strong analytical and problem-solving skills, with a focus on continuous improvement.
- Knowledge of relevant employment laws and regulations related to compensation.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
If you think you’d make a great match for this position but don’t meet all the requirements, we would still encourage you to apply!
What eXp Realty Provides:
- Fully remote environment
- Flexible Time Off for Salaried Employees
- 401k with 4% match (immediate vesting)
- Robust Medical, Dental, & Vision benefits
- Company provided equipment
- Monthly Technology Stipend
- FSA & HSA with employer contributions
- Health & Wellness incentives
- 100% Paid Parental Leave
We believe strongly in the value of diversity and creating supportive, inclusive environments where our colleagues can succeed. As such, eXp is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, ancestry, national origin, religion, or religious creed, mental or physical disability, medical condition, genetic information, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity, gender expression, age, marital status, military or veteran status, citizenship, or other protected characteristics under federal, state or local law.