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Compensation Strategy Jobs in Virginia (NOW HIRING)

Compensation Analyst

Richmond, VA ยท On-site

$25 - $45/hr

Compensation Strategy & Equity * Assist in the implementation and maintenance of the organization's Compensation Philosophy and Framework. * Conduct compensation equity analyses and identify ...

Compensation & Incentives Lead

Tysons, VA ยท On-site

$126K - $172K/yr

LMI is seeking a strategic Compensation & Incentives Lead to shape the future of how we reward, motivate, and retain talent in a rapidly evolving technology and government solution platform ...

Compensation & Incentives Lead

Tysons, VA ยท On-site

$126K - $172K/yr

Overview LMI is seeking a strategic Compensation & Incentives Lead to shape the future of how we reward, motivate, and retain talent in a rapidly evolving technology and government solution platform ...

Compensation & Incentives Lead

Tysons, VA ยท On-site

$126K - $172K/yr

Overview LMI is seeking a strategic Compensation & Incentives Lead to shape the future of how we reward, motivate, and retain talent in a rapidly evolving technology and government solution platform ...

Director, Compensation

Reston, VA ยท On-site

$139.10 - $251.45/hr

Global Compensation Strategy Lead the development and execution of enterprise compensation strategies aligned with business objectives, workforce planning, and talent priorities * Direct all ...

Director, Compensation

Reston, VA ยท On-site

$139.10 - $251.45/hr

Leads the strategy, design, governance, and execution of enterprise-wide compensation programs in a highly matrixed, complex organization. This role is responsible for end-to-end compensation ...

Sr. Compensation Analyst - Tysons, VA

Tysons, VA ยท On-site

$83K - $109K/yr

Compensation Strategy & Program Design * Design and enhance compensation programs including base pay structures, incentive plans, and pay-for-performance frameworks * Support compensation strategies ...

Director, Compensation

Reston, VA ยท On-site

$130K - $177K/yr

Leads the strategy, design, governance, and execution of enterprise-wide compensation programs in a highly matrixed, complex organization. This role is responsible for end-to-end compensation ...

Compensation Analyst

Mclean, VA ยท On-site

$77K/yr

Compensation Strategy & Program Design: * Lead or support compensation initiatives such as salary structure design, job architecture updates, and market benchmarking projects. * Design and refine ...

Director, Global Compensation

Herndon, VA ยท On-site

$128K - $175K/yr

Shape Deltek's global compensation strategy and philosophy, including salary structures and incentive design, ensuring a clear connection between company performance, individual contribution, and pay ...

Position Responsibilities Support Compensation Strategy & Program Design * Develop and maintain robust salary structures, job levelling, and internal pay frameworks. * Assist with the design and ...

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Compensation Strategy information

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

How does a compensation strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What are the key skills and qualifications needed to thrive in compensation strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What is an example of a compensation strategy?

A compensation strategy is a plan that organizations use to determine how to pay employees, often balancing base salary, bonuses, benefits, and incentives to attract and retain talent. For example, a company might implement a performance-based pay system that rewards employees for achieving specific goals, aligning compensation with organizational objectives. Developing an effective strategy requires understanding industry standards, job roles, and employee motivation factors.

What skills do you need to be a compensation strategy analyst?

A compensation strategy analyst needs strong analytical skills, proficiency in data analysis tools like Excel or HRIS systems, and a solid understanding of compensation structures and market trends. Excellent communication skills and the ability to interpret and present data effectively are also essential for developing competitive pay strategies.

What are popular job titles related to Compensation Strategy jobs in Virginia?

For Compensation Strategy jobs in Virginia, the most frequently searched job titles are:

What job categories do people searching Compensation Strategy jobs in Virginia look for?

The top searched job categories for Compensation Strategy jobs in Virginia are:

What cities in Virginia are hiring for Compensation Strategy jobs?

Cities in Virginia with the most Compensation Strategy job openings:

Director, Teaching & Research Faculty Compensation Strategy

The Chronicle Of Higher Education, Inc.

Richmond, VA โ€ข On-site

$100 - $150/hr

Other

Posted 17 days ago


Job description

*This role is only open to current VCU School of Medicine Faculty*

Director Teaching & Research Faculty Compensation Strategy

Unit: School Of Medicine

Department: Dean's Office

Chief Purpose of Position

The Director, Teaching & Research (T&R) Faculty Compensation Strategy serves as the strategic partner for the T&R Compensation Plan for the School of Medicine (SOM). This role is responsible for shaping, stewarding, and continuously evolving the compensation framework to advance the Schoolโ€™s academic mission, reinforce pay equity and transparency and ensure regulatory compliance. The Director reports to the Senior Associate Dean for the Office of Faculty Affairs and serves ad an advisor to SOM leadership, the Director drives data-informed decision-making, leads governance and change management processes, and ensures that compensation practices actively enable excellence in teaching, research, and service.

This role will be supported by up to 40% effort, with remaining effort determined by the faculty memberโ€™s home department.

Strategic Planning, Governance & Plan Stewardship
  • Provide strategic planning, coordination and stewardship for the T&R Compensation Plan, including design integrity, operational effectiveness, and alignment with SOM mission, and academic priorities
  • Lead and coordinate standing and ad hoc governance bodies, including annual review, approval, and refinement cycles.
  • Evaluate and recommend enhancements to compensation structures, metrics, and policies to advance equity, transparency, sustainability, and long-term relevance.
  • Frame issues, develop options, and using rigorous, data-informed analyses to support leadership decision-making.
  • Support consistent application of compensation principles across departments, while enabling mission-appropriate differentiation.
  • Partner closely with SOM Finance, Faculty Affairs, and departmental leadership to align compensation planning with strategic investments.
Stakeholder Engagement
  • Proactively engage Department Chairs, SOM leadership, and faculty to gather insight, test assumptions, and anticipate risks.
  • Serve as a trusted advisor to Chairs on compensation strategy, interpretation, and implementation.
  • Build alignment, shared accountability, and confidence in plan outcomesโ€”not just plan mechanicsโ€”across stakeholders.
Performance Management & Evaluation Framework
  • Provide strategic guidance to ensure consistent, equitable, and mission-aligned evaluation of teaching, research, and service contributions.
  • Support Chairs in applying performance criteria that are transparent, defensible, and clearly connected to compensation decisions.
  • Identify gaps, inconsistencies, or risks in assessment practices and recommend corrective actions or structural improvements.
Communication, Change Management & Risk Oversight
  • Lead development of clear communication strategies and educational resources to support accurate, consistent plan administration.
  • Anticipate and manage organizational change associated with plan updates or policy enhancements.
  • Build and sustain institutional knowledge of compensation principles among faculty and administrators.
  • Monitor and proactively address regulatory, audit, reputational, and equity-related risks.
  • Advise the Senior Associate Dean for Faculty Affairs on complex or escalated faculty compensation matters, including T&R Additional Pay, and support fair, consistent resolution.
Qualifications

Minimum Qualifications

  • Current Teaching & Research faculty appointment within the VCU School of Medicine.
  • Terminal degree in discipline (PhD, MD/PhD/MD).
  • Demonstrated success leading complex, cross-functional initiatives with institutional impact.
  • Strong strategic thinking and analytical skills, with the ability to translate data and policy into actionable recommendations.
  • Exceptional written, verbal, and presentation skills, with credibility across faculty, academic leaders, and administrators.
  • Demonstrated ability to work in and foster an environment of respect, professionalism and civility with a population of faculty, staff, and students from all backgrounds and experiences, or a commitment to do so as a faculty member at VCU.

Rank: Open

Tenure: Open

Months: 12 months

Questions about the position may be directed to Katherine Mulloy (kmulloy@vcu.edu) or Aimee Grover, MD (acgrover@vcu.edu).

Contact Information

Contact Name: Katherine Mulloy

Contact Email: kmulloy@vcu.edu

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