Overview

Job Location:
Cambridge, MA

Job Description

The Broad Institute of MIT & Harvard is seeking an Associate Director of Compensation to join our Broadie Experience and Total Rewards team. You will be responsible for leading our compensation team, managing, evaluating and developing compensation programs, policies and procedures to ensure that The Broad Institute is positioned competitively to attract, recruit, and retain diverse, excellent talent.  You will have a major role on our journey through transforming our Total Rewards Strategy, as we work to both evaluate current programs and policies, as well as create new programs to ensure they are market competitive, transparent, internally equitable, and in compliance with applicable laws and regulations. 

This is a hybrid onsite/remote opportunity within an expectation of at least 2 days on site at the Broad Institute per week.

Why Broad?

The Broad Institute is pioneering a new model of collaborative biomedical science to transform biology and medicine. To do that, we have created a unique community of amazing, creative people — “Broadies” — each with a passion for pushing scientific frontiers. Our community transcends academic and organizational barriers, encouraging different points of view and making all Broadies part of something meaningful. Our unique culture of collaboration along with the common theme of our people being deeply passionate about making a difference in the world and improving human health unite us all as Broadies.

Broad Institute is committed to meeting the most critical challenges in biology and medicine. We are dedicated to applying our deep knowledge of human genetics to empower a revolution in biomedicine and accelerate the pace at which the world conquers disease.  Through our partnerships with MIT, Harvard and the Harvard teaching hospitals we’ve become the “hub” of cutting edge science in the Boston biomedical community. 

At the Broad, we understand that the most important thing that will lead to these breakthroughs in human biology, health, and disease is our people. In joining us, you will also be able to join a community that deeply values diversity and continually strives for inclusion, which are essential to achieving our scientific mission.  You’ll also be eligible for comprehensive benefits. At Broad, we care deeply about all of the people in our community and believe in the importance of supporting Broadies in all aspects of their lives. We aspire to maintain a culture that emphasizes wellness and balance through a range of benefits for you and your family members. We are committed to helping make life work by offering a range of benefits designed to support  your physical, emotional, and financial well-being. 

The Broad has demonstrated a long-standing commitment to expanding the participation of groups that have been historically underrepresented in biomedical science, and the Broad seeks to integrate a wide range of voices, experiences, and backgrounds into meaningful conversations and institutional decisions to build an equitable, diverse, and inclusive community.

Your Impact

As the Associate Director of Compensation, you will have impact on the overall organization through the below responsibilities:

• Effectively lead, coach and develop a team of compensation professionals 

• Manage the daily operations of compensation programs including but not limited to: market pricing, survey participation, base salary structure development, merit pay programs, job evaluation and leveling, and annual merit and promotion processes

• Design and implement compensation policies and programs, aligned with compensation philosophy and institute goals in accordance with federal wage and hour regulations

• Manage vendor contracts, invoicing and SOWs for compensation consulting projects, survey data, etc. 

• Create and implement through collaborative partnership with stakeholders across the organization an incentive compensation program aligned with our key priorities and mission

• Review, approve and monitor compensation related issues and transactions according to established policy and procedures, as well as state and federal regulatory requirements

• Instill trusted partnership through relationship building to advise managers, HR colleagues and other staff regarding compensation practices, policy interpretation, problem resolution, and compliance 

• Anticipate and resolve strategic compensation issues resulting from market fluctuation and trends; research and provide recommendations for resolving compensation discrepancies

• Lead organization-wide job framework evaluation and design efforts in partnership with external consultant firm; develop consistent job evaluation approach and guide change management efforts through training and education to managers and employees

• Oversee development of the annual administration processes, pay structures, and market adjustments; deliver salary program training; conduct market pricing and analysis

• Identify survey sources and external networking opportunities and organizations to acquire knowledge and information regarding industry compensation practices and trends

Basic Requirements

• Bachelor’s degree required with at least 7 years of direct experience in the area of Compensation

• Exposure to a wide variety of business functions and ability to consult with managers

• Strong business acumen with a collaborative mindset focusing on best practices for building an equitable, inclusive and diverse workforce

• Experience developing cost analysis models

• Excellent PC skills including Google Drive and Microsoft Office (Excel, Word, PowerPoint) with extensive Excel experience

• Strong working knowledge of Human Resources policies, procedures and programs 

Preferred Requirements

• Experience in a management role advising senior leadership or consulting experience 

• Experience with leading large-scale job evaluation efforts 

• Workday experience strongly preferred

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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