Sr Director, Compensation

At 2U, we are all in on purpose. We are motivated by our mission - to eliminate the back row in education - and connected by our shared passion to deliver world-class digital education at scale. As the parent company of edX, the world's leading online learning platform, 2U powers more than 4,000 online higher education offerings - from free courses to full degrees. Together with more than 230 colleges, universities, and corporate partners, we are helping to unlock human potential.
What We're Looking For:
The Sr. Director Compensation is responsible for the design, development, implementation and communication of a global compensation strategy and plans consistent with the corporate compensation philosophy. Strategically focuses on programs that are designed to ensure appropriate global alignment and the execution of a competitive and equitable compensation strategy to attract, engage, and retain key talent. In addition, the position will monitor the effectiveness and cost competitiveness of compensation programs and provide recommendations consistent with the compensation philosophy, business requirements, market and cost competitiveness. This role will work broadly across all global areas of compensation and have a significant influence within global HR and the global business.
Responsibilities Include, But Are Not Limited To:
Strategy and Growth

• Support the design, implementation, administration and communication of compensation programs and practices to include sales, executive and equity compensation
• Recommend a company-wide compensation philosophy and pay brand consistent with guiding principles and business objectives
• Recommend revisions, new plans, or processes that are cost effective and consistent with market trends and the corporate compensation philosophy and business objectives
• Partner with HR staff across the business to ensure employee understanding of salary administration, incentive, and equity programs through training programs and regular communications
• Lead the participation in surveys/market studies for domestic compensation to ensure competitiveness and fairness in establishing company-wide salary ranges

Stakeholder Management

• Counsel human resources partners and management in all areas of compensation, including market pricing, internal equity, promotion opportunities, retention, and other pay components as necessary
• Effectively manage external consulting, vendor relationships, and service providers of competitive and economic trends, plan design, administration, and communication including compensation survey vendors, compensation consultants, and international assignment vendors
• Coach, mentor, develop, manage others on the Compensation Team

Process Development and Improvement

• Research and document key economic drivers influencing compensation as they relate to market ranges, salary increase budgets
• Establish best practices and recommend enhancements to annual salary review cycles, pay equity reviews, promotion practices

Reporting and Compliance

• Establish and maintain internal control standards, including timely implementation of internal and external audit points to ensure accurate and timely reporting of compensation, in compliance with governmental regulations, internal standards, and processes
• Keep apprised of global governmental regulations to ensure compliance in those locations where the company operates
• Support the compensation disclosure and analysis, including narrative and tables, monitor equity usage including burn rate, overhang, and other dilution analysis, provide expertise on equity program design, including performance share design, and partner with accounting/finance on forecasts of equity compensation expense.

Things That Should Be In Your Background:

• Bachelor's degree required
• A minimum of ten years of broad based and progressive experience designing and leading global compensation programs with 5+ years in leadership roles.
• Hands-on functional experience and demonstrated knowledge of all aspects of compensation in a public company.
• Experience in design, implementation and administration of salary structures and compensation plans.
• Strong business acumen with a highly analytical process orientation.
• Solid decision making, problem solving, consulting, influencing, relational and partnering skills.
• Excellent verbal and written communication skills; ability to adapt to a variety of audiences.
• Results oriented, high energy, and hands-on leader with demonstrated coaching and mentoring skills.

Other Attributes That Will Help You In This Role:

• Ability to work with a diverse team in a fast-paced environment
• Enthusiasm and the ability to thrive in an atmosphere of constant change
• Passion for changing the landscape of higher education

Benefits & Culture
Our global employee base is a diverse collection of innovators, dreamers, and doers working together to transform lives through higher education. We believe that every employee can advance our shared purpose, and that life at 2U should be fun and meaningful. If you're excited by the opportunity to provide over 40 million learners and counting with access to world-class online higher education, then join us - and do work that makes a difference. #NoBackRow
We offer comprehensive benefits (unique per country) and excellent work/life balance.
Full-time, U.S.benefits include:

• Medical, dental, and vision coverage
• Life insurance, disability, and 401(k) employer match
• Employee stock purchase plan
• Free snacks and drinks in-office
• Generous paid holidays and leave policies, including unlimited PTO
• Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break

The anticipated base salary range for this role is $165,000-$180,000, with potential bonus eligibility. Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, budget for the position and cost of labor in the market in which the candidate will be hired.
2U Diversity and Inclusion Statement
At 2U, we are committed to building and sustaining a culture of belonging, respect, and inclusion. We are proud of the steps we've taken to bring together an employee base that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities. We strive to offer a workplace where every employee feels empowered by what makes us different, as well as by how we are alike.
About 2U Inc. (NASDAQ: TWOU)
For more than a decade, 2U, Inc. has been the digital transformation partner of choice to great non-profit colleges and universities delivering high-quality online education at scale. As the parent company of edX, a leading global online learning platform, 2U provides over 45 million learners with access to world-class education in partnership with more than 230 colleges, universities, and corporations. Our people and technology are powering more than 4,000 digital education offerings - from free courses to full degrees - and helping unlock human potential. To learn more: visit 2U.com.

About edX
edX is the education movement for restless learners and a leading global online learning platform from 2U, Inc. (Nasdaq: TWOU). Together with the majority of the world's top-ranked universities and industry-leading companies, we bring our community of over 45 million learners world-class education to support them at every stage of their lives and careers, from free courses to full degrees. And we're not stopping there - we're relentlessly pursuing our vision of a world where every learner can access education to unlock their potential, without the barriers of cost or location. Learn more at edX.org.
Learn more at https://2u.com/careers/
#NoBackRow
The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.
2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans' status, or any other classifications protected by applicable federal, state or local laws. 2U's equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.