Director of Compensation
Company Overview
Perry Ellis International, Inc. represents a diverse portfolio of lifestyle apparel brands. The Company, through its wholly owned subsidiaries owns and licenses nationally and with a brand portfolio of over 40 Brands domestically and internationally recognized brands including: Perry Ellis®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist® and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel.
Director of Compensation
About the Company:
Perry Ellis International, Inc. represents a diverse portfolio of lifestyle apparel brands. The Company, through its wholly owned subsidiaries owns and licenses nationally and with a brand portfolio of over 42 Brands domestically and internationally recognized brands including: Perry Ellis®, Original Penguin® by Munsingwear®, Laundry by Shelli Segal®, Rafaella®, Cubavera®, Ben Hogan®, Savane®, Grand Slam®, John Henry®, Manhattan®, Axist®, Jantzen® and Farah®. The Company enhances its roster of brands by licensing trademarks from third parties, including: Nike® and Jag® for swimwear, and Callaway®, PGA TOUR®, and Jack Nicklaus® for golf apparel.
Position Overview:
The Director of Compensation is key in designing, implementing, and managing the organization's compensation programs. This position plays a crucial role in attracting, retaining, and motivating top talent by ensuring competitive and equitable compensation packages. The Compensation Director collaborates with HR leaders, finance, and other stakeholders to develop and execute comprehensive compensation strategies aligned with the company's objectives.
Reports to: Chief Human Resources Director
Key Responsibilities:
- Compensation Strategy Development: Develop and refine the organization's compensation strategy, ensuring it aligns with the company's overall business goals, market trends, and industry best practices. Provide recommendations on salary structures, bonus plans, and other incentives to attract and retain top talent.
- Compensation Program Management: Oversee the administration, implementation, and continuous improvement of the compensation programs. This includes overseeing salary surveys, benchmarking, and job evaluation to ensure competitive pay practices and internal equity.
- Job Analysis and Evaluation: Lead efforts to analyze job roles and responsibilities to determine their appropriate job level and salary range. Ensure job descriptions are accurate, up-to-date, and comply with relevant regulations.
- Incentive and Bonus Plans: Collaborate with HR leadership and finance to design and manage performance-based incentive and bonus plans to drive high performance and reward key contributors effectively.
- Market Research: Stay up-to-date with market trends, industry compensation benchmarks, and emerging practices to inform compensation strategies and decisions.
- Compliance and Governance: Ensure that all compensation programs comply with relevant laws, regulations, and internal policies. Keep abreast of changes in legislation that may impact compensation practices.
- Communication and Education: Communicate the company's compensation philosophy and programs to employees, managers, and executives. Conduct training and educational sessions to enhance understanding and support for compensation practices.
- Performance Evaluation Integration: Collaborate with HR leadership to ensure that compensation programs are aligned with performance evaluation systems, reinforcing a performance-driven culture.
- HR Analytics: Utilize data and analytics to assess the effectiveness and impact of compensation programs. Make data-driven recommendations for continuous improvement.
- Vendor Management: Partner with external compensation consultants, software vendors, and other third-party providers to enhance compensation program effectiveness. Prior experience with PayFactors, a plus.
Qualifications and Requirements:
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field; a Master's degree is a plus.
- Proven experience (typically 10+ years) in compensation.
- Strong understanding of compensation principles, salary structures, job analysis, and market pricing.
- Familiarity with executive compensation programs and governance.
- Knowledge of applicable labor laws, regulations, and compliance requirements related to compensation practices.
- Analytical mindset with proficiency in data analysis and HR analytics tools.
- Excellent communication and presentation skills to effectively communicate complex compensation concepts to diverse audiences.
- Strong leadership and team management abilities.
- Ability to work collaboratively across departments and influence decision-making at all levels of the organization.
What’s In It For You?
- Comprehensive Health: Premium Medical, Dental, and Vision plans designed to keep you and your family healthy and thriving.
- Financial Security: Secure your future with our 401(k) retirement plan (including a discretionary company match) plus company-provided Basic Life and AD&D Insurance.
- Work-Life Balance: Take the time you need to recharge with generous Paid Time Off (PTO) and a full schedule of paid Holidays.
- Growth & Support: We invest in your potential through our Tuition Reimbursement program for continuous learning and provide 24/7 personal support via our Member Assistance Program (MAP).
- Team Culture: Join a community that celebrates your hard work with regular Associate Engagement Events, ranging from seasonal celebrations to on-site wellness activities.
- Exclusive Style Perks: Look your best for less with generous Associate Clothing Discounts across all our company stores and e-commerce sites.
Legal Disclaimer:
Perry Ellis International is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other legally protected status. All qualified applicants will receive consideration for employment without regard to their individual background and characteristics. We are committed to providing a workplace free of any discrimination or harassment. This commitment extends to all aspects of employment, including hiring, promotion, transfer, compensation, and termination. By submitting your application, you acknowledge and agree to the company's commitment to equal employment opportunities.
We encourage you to read and understand our Privacy Policy here.
Create a Job Alert
Interested in building your career at Perry Ellis International? Get future opportunities sent straight to your email.
Apply for this job
*
indicates a required field
.png?1749494645)