Senior Director-Compensation & Benefits

People eXperience at Innovaccer

We are passionate about people; we foster professional growth and make a positive impact on individuals' lives. The Px team is the cornerstone of our organization, and we strive to create a vibrant and inclusive workplace. Our mission is to empower, inspire, and unite every team member towards a shared goal. Join us today and play a crucial role in shaping an exceptional workplace.

About the Role

We are seeking a seasoned Sr. Director- Compensation & Benefits to lead a specialized vertical within our People Experience (PX) function. The ideal candidate will bring extensive experience from large organizations, preferably within the healthcare sector, with a strong background in mergers & acquisitions and guiding companies through IPO readiness. This role demands a strategic leader who can effectively benchmark global compensation, manage ESOPs, and oversee benefits administration across the US and India.

A Day in the Life

• Global Compensation Benchmarking:
  • Lead external and internal compensation benchmarking to ensure competitive positioning.
  • Develop and refine compensation structures to align with the organization's growth and market standards.
• ESOPs Management:
  • Oversee and manage Employee Stock Ownership Plans (ESOPs), including readiness for public offerings.
  • Provide strategic input on equity compensation to align with company objectives.
• Benefits Administration:
  • Manage benefits programs across the US and India, ensuring they are competitive and compliant with local regulations.
  • Continuously evaluate and enhance benefits offerings to attract and retain top talent.
• Strategic Leadership:
  • Serve as a key member of the Internal Compensation Committee, working closely with senior leadership.
  • Collaborate with the Executive Leadership Team (ELT) and Board members on compensation strategies and initiatives.
• Compensation Philosophy & Total Rewards:
  • Lead the review and evolution of the company’s compensation philosophy.
  • Develop and deliver comprehensive total rewards documents post-appraisal, covering salary, benefits, ESOPs, and other rewards.
• Cross-functional Collaboration:
  • Work closely with business partners, recruiters, and operations teams to ensure alignment across functions.
  • Leverage internal resources for support in executing compensation and benefits initiatives.

 What You Need

• Proven experience in a leadership role managing compensation and benefits in large organizations.
• Strong background in mergers & acquisitions, IPO processes, and ESOP management.
• Experience in healthcare is highly preferred.
• Expertise in managing global benefits, particularly in the US and India.
• Ability to work effectively with senior leadership and Board members.
• Located in or willing to relocate to the San Francisco Bay Area for a hybrid working model.

We offer competitive benefits to set you up for success in and outside of work.

Here’s What We Offer

• Generous PTO Benefits: Enjoy PTO benefit accrual of 22 days per year.
• Parental Leave: Experience one of the industry's best parental leave policies to spend time with your new addition.
• Rewards & Recognition: Unlock your potential and be rewarded generously with both monetary incentives and widespread recognition for your dedication and outstanding performance. Unlock your potential and be rewarded generously with both monetary incentives and widespread recognition for your dedication and outstanding performance.
• Insurance Benefits: We offer medical, dental, and vision benefits along with 100% company-sponsored short and long-term disability and basic life insurance. Legal aid and pet insurance options are available at a discounted rate.

Innovaccer is an equal-opportunity employer. We celebrate diversity, and we are committed to fostering an inclusive and diverse workplace where all employees, regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, marital status, or veteran status, feel valued and empowered.

Disclaimer: Innovaccer does not charge fees or require payment from individuals or agencies for securing employment with us. We do not guarantee job spots or engage in any financial transactions related to employment. If you encounter any posts or requests asking for payment or personal information, we strongly advise you to report them immediately to our HR department at px@innovaccer.com. Additionally, please exercise caution and verify the authenticity of any requests before disclosing personal and confidential information, including bank account details.