Director of Compensation & Total Rewards Strategy

Xcel Energy Services Inc

Minneapolis (MN)

Hybrid

USD 148,000 - 211,000

Full time

14 days+
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Benefits offered by this job

Annual incentive
Long-term incentive
Medical/Pharmacy plan
Dental
Vision
Life Insurance
Pension
401(k) plan
PTO
Holidays
Tuition reimbursement
Employee Assistance Program

Job summary

Xcel Energy seeks a Director of Compensation to lead the design, development, and implementation of broad-based employee compensation and recognition programs. You will align plans with Total Rewards strategy, partner with HR, Finance, and Legal, and oversee executive compensation and LTI programs.

The role requires 10+ years in compensation with leadership experience, strong regulatory knowledge, and excellence in analytics, communication, and collaboration.

Qualifications

  • Bachelor's degree in HR, business, or related field or equivalent experience.
  • Advanced degree preferred.
  • 10+ years in compensation with leadership/strategy experience.
  • Exposure to executive compensation and LTI programs.

Responsibilities

  • Direct the design, development and implementation of broad-based employee compensation programs.
  • Lead compliance with federal/state regulations affecting compensation (FLSA, 409A, pay equity).
  • Oversee executive compensation and Long-Term Incentive programs; proxy materials.
  • Build and mentor a high-performing compensation team and collaborate with HR, Finance and Legal.

Education

Bachelor's degree in HR, business, or related field
Advanced degree

Tools

HRIS platforms

Job description

Xcel Energy seeks a Director of Compensation to lead the design, development, and implementation of broad-based employee compensation and recognition programs. You will align plans with Total Rewards strategy, partner with HR, Finance, and Legal, and oversee executive compensation and LTI programs.

The role requires 10+ years in compensation with leadership experience, strong regulatory knowledge, and excellence in analytics, communication, and collaboration.

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