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VP, Head of Compensation & People Operations

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Sotheby's

Jun 22

Applications are closed

  • Job
    Full-time
    Senior & Expert Level
  • People, HR & Administration
  • $175K - $225K
  • New York

Requirements

  • Minimum of 8+ years of relevant compensation experience designing and implementing compensation programs both domestically and internationally.
  • Must be willing and able to succeed while leading a lean team with a full annual agenda to execute. A proven track record of partnering well with HR Business Partners and Talent Acquisition is key.
  • Preferred experience working in a mid-sized and or growing organization with various pay structures in place.
  • Preferred experience leading and/or working with a people operations team.
  • Bachelor's degree required. Master's degree preferred and the CCP (Certified Compensation Professional) designation highly desirable.
  • Comprehensive knowledge and experience in compensation principles and practices, including program design and administration
  • Experience building sales compensation programs preferred
  • Advanced proficiency in use of Microsoft Excel, Word and PowerPoint. Must be very familiar with standard Excel functionality, including vlookup, pivot tables and so on
  • SAP and SuccessFactors experience a plus
  • Strong financial acumen, as well understanding of tax/accounting/legal/regulatory issues related to bonus and long-term incentive compensation programs
  • Strong analytical and problem-solving skills, with an eye for detail and accuracy
  • Strong project management skills; ability to manage multiple projects at the same time
  • Excellent written and verbal communication skills with strong leadership and influencing skills
  • Both a strategic and hands-on leader, comfortable with big picture thinking, modeling, program management, and addressing individual employee matters.
  • Demonstrated net positive contributor to company community and culture above and beyond job duties.

Responsibilities

  • Compensation:
  • Own the design and administration of the company’s compensation programs and strategy
  • Continue to build and benchmark salary ranges for each job family and market in partnership with HR Business Partners and Talent Acquisition
  • Oversee budgeting and planning for all global compensation expense in partnership with Finance
  • Lead the annual salary, bonus and incentive compensation cycle in partnership with the Global Head of HR, developing planning guidelines and a timetable for the HR Business Partners to execute against
  • Administer all sales and commission-based incentive programs and address all employee inquiries
  • Lead the design, implementation and administration of our global long-term incentive programs (grants, vestings, taxation, vendor management) in addition to executive compensation programs
  • Create and maintain compensation policies and procedures while monitoring compensation legislation, industry trends and technologies to ensure compliance and best practices
  • Work closely with regional HR, payroll, tax, finance and legal departments to ensure clear communication relating to international or multi-departmental issues and preparing various reports as necessary
  • People Operations and Systems:
  • Design and manage organizational data, reporting and talent analytics and compliance with the key operational needs of the HR organization, in order to drive enhancement of capabilities while reducing manual processes
  • Manage all systems, tools, reporting, and compliance measures to ensure the people team is able to operationalize people practices and programs across the organization
  • Oversee the execution of the HRIS roadmap, including the launch of new modules (e.g. Time Tracking, Leave Management etc.) and integrations (e.g. Concur, Active Directory etc.)
  • Lead the enhancement of key employee lifecycle processes, including onboarding, off-boarding, leave management and so on
  • Develop metrics and scorecards, capturing critical data from HR systems involving employee data, including but not limited to, performance, pay, attrition, employee engagement, diversity, training, skills, and EEO
  • Integrate HR systems across the enterprise, ensuring that HR technology is optimized to meet the needs of the business and leaders leverage accurate and timely data to drive business decisions
  • Ensure compliance programs, such as Affirmative Action Plan, EEO1 Reporting, and I-9 compliance, are maintained in accordance with legal requirements and company guidelines, including training and documentation
  • Annual Performance and Planning:
  • Oversee and enhance the Annual Cycle of goal setting, check-ins, performance reviews, promotion nomination / evaluation and compensation planning.
  • Oversee and enhance the annual headcount planning process, partnering with HR Business Partners, Talent Acquisition and Finance to ensure that leaders have a clear process for submitting bottom-up headcount budgets and responding to top-down requests to achieve savings if and when necessary.

FAQs

What are the key responsibilities of the VP, Head of Compensation & People Operations?

The key responsibilities of this role include overseeing functions within the Global HR Division such as Compensation, HR Systems, Performance Management, Annual Planning, and HR Analytics. Additionally, this role is responsible for developing and administering key incentive programs, executing the annual performance cycle, managing the HRIS roadmap, leading the annual headcount budget planning process, and developing HR Analytics Dashboards for the business.

What skills and qualifications are required for the VP, Head of Compensation & People Operations role?

The ideal candidate for this role should have a strong background in compensation and people operations, with expertise in incentive program development, performance management, HR analytics, and budget planning. Additionally, candidates should have strong leadership and communication skills, the ability to work effectively in a fast-paced environment, and a strategic mindset to drive business success through talent management.

How does the VP, Head of Compensation & People Operations contribute to Sotheby's success?

The VP, Head of Compensation & People Operations plays a critical role in enabling Sotheby's to attract and retain highly talented and diverse individuals necessary for business success. By overseeing key HR functions such as Compensation, HR Systems, Performance Management, Annual Planning, and HR Analytics, this role ensures that the organization has the right programs and tools in place to support and develop its workforce effectively.

The world’s premier destination for art and luxury.

Fashion & Arts
Industry
1001-5000
Employees
1744
Founded Year

Mission & Purpose

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access, connoisseurship and preservation of fine art and rare objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 50 categories, which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Interiors, among many others.