Director, Compensation
Description
The Director of Compensation will be at the forefront of shaping DraftKings’ global compensation strategy. Working closely with the VP, Total Rewards, this leader will help identify and drive initiatives to provide fair and equitable pay to all of DraftKings' employees. The Director will assist in designing, implementing, and administering compensation policies, programs, and processes. The Director will build collaborative partnerships with HR Business Partners, Talent Acquisition, Finance, and other key stakeholders in the business to deliver innovative solutions for compensation, total rewards, and broader HR initiatives.
Responsibilities
- Collaborate with the VP Total Rewards to strategize, design, and deliver new and innovative compensation plans.
- Lead compensation review process, including partnering with cross-functional teams to drive consistency in compensation planning, program administration, and performance cycles.
- Analyze market data and provide job profile insights for creation of compensation bands for new and existing roles in business.
- Ownership of job architecture to ensure appropriate alignment based on the types of roles.
- Coordinate the production of data required for the CD&A, including the compensation tables.
- Build and maintain impactful relationships with key stakeholders and partners to ensure effective communication of compensation strategies.
Requirements
- 8+ years of deep compensation experience, and experience at a publicly traded company is preferred.
- Technical knowledge of compensation design and track record of providing creative and scalable designs and programs responsive to evolving strategies.
- Experience building and running compensation programs such as merit and annual equity awards, as well as using Radford data for benchmarking.
- Deep understanding of all forms of standard equity offerings.
- Experience with the Workday compensation planning tool.
- Ability to translate business goals into analytics/data-based solutions.
- Outstanding interpersonal, problem-solving, leadership, and project management skills.
- Experience with M&A and international compensation programs.
- Expertise in developing compensation-related reporting, and advanced skills in building and manipulating spreadsheets (Google Sheets and/or MS Excel).
- Strong verbal and written communication, especially at a company-wide level.
Benefits
- Health Benefits: comprehensive health benefits, including various medical plans, dental, and vision.
- Wellbeing Program: free access to programs such as free therapy sessions with Lyra Mental Health Solution, Lyra Employee Assistance Program, the Calm App, Virtual Yoga Classes, and many more.
- Parental Leave & Support: 14 weeks of 100% paid parental leave to all global team members and offer workplace lactation support. Partner with Care.com for care finder and backup childcare.
- Family Planning: benefits that support family planning, including adoption, surrogacy, fertility treatments, or other family planning.
- Flexible PTO
- Pet Insurance
- Gym Reimbursement
- Financial Planning: 401(k) matching to programs such as Origin Financial.
- Commuter Benefits
- Tuition Reimbursement
