Compensation Director, Support Office

Walgreens; Deerfield (IL); On-site; USD 136,000 - 231,300; Full time

Job summary

Walgreens is seeking a Director of Compensation to design and manage compensation programs that align with the strategic goals of the organization. This role involves analyzing market trends and data to ensure competitive compensation structures while collaborating across HR and Finance. The ideal candidate will have significant experience in strategic planning and compensation management, a relevant degree, and strong analytical skills. The position offers a salary range of $136,000 to $231,300 annually.

Qualifications

• 6+ years of experience in designing and managing compensation programs.
• Experience in data reporting and analysis to identify trends.
• Strong analytical and problem-solving skills.

Responsibilities

• Design and implement compensation programs supporting business needs.
• Collaborate with HR and Finance to develop employee engagement solutions.
• Ensure compliance with compensation-related regulations.

Skills

Compensation strategy development

Data analysis

Stakeholder engagement

Regulatory compliance knowledge

Leadership skills

Education

Bachelor's Degree in Human Resources, Finance, or related field

Master’s degree or professional certification (e.g., CCP)

Tools

HRIS systems

Excel

Job description

Job Summary

This is a dynamic role with an opportunity to make a real difference! If you are passionate about driving impact through strategic compensation initiatives and fostering collaboration across HR and Finance, we encourage you to apply. The Director, Compensation is responsible for designing, implementing, and managing compensation programs that support the strategic objectives of several Walgreens Support Office functions. This role serves as a key advisor to senior leadership, providing compensation insights and data-driven solutions to attract, retain, and motivate top talent while ensuring compliance and alignment with business goals. The position will require collaboration across HR, Finance, and business leaders, ensuring compensation strategies are competitive, compliant, and aligned with the company’s financial and operational priorities.

Responsibilities

• Compensation Strategy and Planning
  • Design a forward-thinking incentive design framework for consistent adoption and implementation across business units, including relevant KPIs and quantifiable metrics
  • Conduct market analysis and benchmarking studies to ensure competitive positioning within the industry and across relevant markets.
  • Partner with Finance on compensation budget planning and forecasting to support overall financial and strategic plans.
  • Create and maintain compensation structures aligned with business needs and regulatory requirements.
  • Manage the annual compensation planning cycle, including salary adjustments, incentive payouts, and performance-based increases, ensuring compliance and effective execution.
• Advisory and Stakeholder Engagement
  • Act as a primary compensation advisor to HR and Finance teams, including senior leadership, providing guidance on complex issues and compensation plan changes.
  • Collaborate with business leaders and HR Business Partners to develop solutions that drive employee engagement, retention, and performance.
  • Proactively engage and communicate with HR and Finance teams to enhance understanding and administration of all compensation practices.
• Data Analytics and Reporting
  • Instill a “data-driven mindset” across the teams; develop and manage compensation analytics, and data-driven insights to support HR and Finance in decision-making processes.
  • Prepare and present compensation reports, dashboards, and ad-hoc analyses for leadership to ensure informed decision-making.
  • Partner with HRIS to optimize compensation tools and technology, enhancing data accuracy, reporting capabilities, and user experience.
• Compliance and Risk Management
  • Ensure compliance with federal, state, and local regulations, including FLSA, OFCCP, and other labor laws.
  • Conduct regular audits of compensation practices to mitigate risks, maintain equity, and align with company policies.
  • Stay informed on trends, legislation, and best practices in compensation to continuously improve and evolve the company's compensation programs.

Basic Qualifications

• Bachelor’s Degree and at least 6 years of strategic planning, design, implementation, and managing base, variable, and sales compensation programs and supporting policy development, or a high school diploma or equivalent and at least 9 years of strategic planning, design, implementation, and managing base, variable, and sales compensation programs and supporting policy development
• Experience partnering with HR generalist and business partners in the development and implementation of compensation processes, procedures, and programs to support business needs
• Knowledge of compensation related Federal, state, and municipal laws and regulations and their applicability to the operations of a business.
• At least five (5) years experience analyzing and reporting data in order to identify issues, trends, or exceptions to drive improvement of results and find solutions.
• At least five (5) years experience in designing and implementing non-cash recognition/reward programs.
• At least 2 years of experience contributing to financial decisions in the workplace.
• At least 3 years of experience of direct leadership, indirect leadership and/or cross-functional team leadership.
• Willing to travel up to 15% of the time for business purposes (within state and out of state).

Preferred Qualifications

• Bachelor’s degree in Human Resources, Finance, Business Administration, or related field; Master’s degree or professional certification (e.g., CCP) preferred.
• 8+ years of experience in compensation management, with experience supporting both HR and Finance functions preferred within a retail and/or healthcare organization.
• Experience designing and implementing compensation programs in a start-up environment
• Designated as a Certified Compensation Professional by WorldatWork.
• Experience as a compensation consultant to companies with annual revenues in excess of $1 billion.
• Additional Skills:
  • Strong analytical skills with expertise in compensation benchmarking, financial modeling, and data analysis.
  • Advanced proficiency with compensation tools and HRIS systems; strong Excel skills required.
  • Demonstrated ability to influence and partner with senior leaders, drive strategic initiatives, and handle complex issues.
  • In-depth knowledge of relevant regulations (FLSA, pay equity laws) and experience with global compensation programs is a plus.
• Competencies:
  • Strategic thinker with a collaborative approach to problem-solving.
  • Excellent communication skills, both written and verbal.
  • High attention to detail and ability to manage multiple projects effectively.

We will consider employment of qualified applicants with arrest and conviction records.

Salary Range $136000 - $231300 / Salaried