Bachelor's degree in Economics, Psychology, Statistics, Human Resources or Business and/or a related field that uses quantitative analysis, preferred
Certified Compensation Professional (CCP) designation, strongly preferred.
SHRM-CP credentials are preferred
Externally acknowledged expert in compensation
Detailed knowledge and strong Microsoft Office Excel/Google spreadsheet skills and familiarity with using other statistical packages
Significant experience in an analytical HR role, compensation analytics, or similar analytical role
Must be able to work in a fast-paced, rapid-growth environment that embraces collaborative thinking and an agile mindset
Location Requirement:
This role is located i
Benefits
Health insuranceVision insuranceEquity / stock optionsPerformance bonus
Additional Information
It's fun to work in a company where people truly believe in what they are doing. At Dutch Bros Coffee, we are more than just a coffee company. We are a fun-loving, mind-blowing company that makes a difference one cup at a time.
Position Overview:
The Director of Compensation is responsible for driving the development of the company's pay for performance program through effective performance management, talent management, and the creation of competitive base salary and incentive programs. This role collaborates closely with internal and external partners to identify, develop, and implement scalable compensation initiatives aimed at attracting and retaining top talent. Additionally, the Director of Compensation ensures that all initiatives align with Dutch Bros' cultural mission, vision, and values. This position is responsible for overseeing the development, implementation, administration, and evaluation of strategies, plans, programs, and procedures designed to provide equitable employee compensation. In partnership with other Total Rewards leaders, you are essential to the development and implementation of Dutch Bros Total Rewards Philosophy and Strategy. This role will have external knowledge of compensation data analysis as they collaborate with members of senior leadership in how to provide the best compensation.
Key Result Areas
Provide Strategic Thought Leadership Towards Refining and Implementing Compensation Strategy:
Be an expert in Dutch Bros forthcoming job architecture to ensure consistency, adherence, and change management. This will be done with items such as: job codes, levels, titles, criteria, pay levels, and ranges Oversee the development, implementation, administration, and evaluation of strategies, plans, programs, and procedures designed to provide equitable and competitive employee compensation
Supervise and oversee Dutch Bros annual salary survey submissions
Maintain the Market Analysis Tool (salary.com) and conduct Market Data Analysis
Oversee the administration of all compensation programs, ensuring operational efficiency and effectiveness, including managing the annual compensation review process, and utilizing technology platforms to streamline processes
Develop and maintain compensation policies, procedures, and guidelines
Utilize HRIS and other technology platforms to streamline compensation processes and reporting
Conduct regular audits of compensation practices to identify and mitigate potential risks
Carry out the Annual Compensation Review (base pay adjustments and bonus allocations):
Manage the annual compensation review process, including merit increases, promotions, and equity adjustments
Set, assess, and reconcile budgets
Ensure smooth system testing, data auditing, and trainings for team members
Audit internal and external indicators of pay health (such as pay exception request frequency, market data, compa-ratio, turnover, etc)
Oversee and certify market matches
Maintaining and creating new salary structures
Monitor and evaluate the effectiveness of compensation programs and make data-driven adjustments as necessary
Leading Internal and External Partner Management:
Function as point and spokesperson for compensation with Dutch Bros constituents including HR team, senior leadership, and vendors
Ensure all compensation practices comply with local, state, and federal laws, mitigate risks associated with compensation and benefits, stay informed about legislative changes, conduct regular audits, and prepare required regulatory reports and documentation
Stay informed about legislative changes affecting compensation and ensure organizational compliance
Hiring and managing the talent needed to achieve Dutch Bros company goals
Foster enabling conditions for talent to thrive
Cultivate an inclusive team culture per DB standards
Model and coach equitable decision-making, inclusive behaviors, and actions