Director of Compensation, Warner Bros Discovery
$140.1-260.1k
3 days a week in office (Hudson Yards, NY)
Entertainment company
Open for applications
Entertainment company
1001+ employees
Open for applications
$140.1-260.1k
3 days a week in office (Hudson Yards, NY)
1001+ employees
Company mission
To take the world’s greatest possibilities and make them a reality - creating impact, inspiring imagination, and building connections.
Role
Who you are
- Minimum 10-12 years of relevant compensation experience
- Bachelor’s degree - Human Resources, Finance, Mathematics, Economics, Accounting, or Business degree preferred; or equivalent work experience
- Certified Compensation Professional (CCP) preferred
- Strong written, verbal, and graphic communication skills, including the ability to effectively communicate technical information to varying audiences
- Ability to make independent decisions and recommendations based on compensation principles and philosophy
- Strong communication and organizational skills with a commitment to accuracy and detail
- Thorough understanding of compensation practices and trends
- Ability to understand and relate to multiple stakeholders from various disciplines within the business
- Intermediate to Advanced Excel skills and proficiency with other MS Office programs
What the job involves
- This role will be responsible to influence/define and implement the Business Unit (client) compensation strategy within the broader organization compensation philosophy/strategy and collaborate with People & Culture (P&C) business partners in the planning, development, implementation, and management of compensation programs that support and drive the company's business strategy
- This role is a senior role within the global compensation partner team and sets the direction for how WBD’s guiding principles come to life. For example, this role leads in the ‘Act as One Team’ mindset, whereby teams are expected to collaborate across Comp Ops, P&C, TA, etc to make decisions that solve for WBD, where possible
- This role also ’Champions Inclusion’, creating space for team members to share ideas and be heard even if it means challenging the status quo
- The role is about ‘Owning It’ – having decisiveness to make clear choices and be accountable for results and responsible decision making within the BU as it relates to compensation matters
- It is an essential function of this position that the work be performed in a hybrid work environment, where employees go into an office 3x a week where they are based in a WBD office that has P&C Partners due to the client-service nature of the role
- Oversee cyclical, project, and run-the-business total rewards compensation related activities for a single large/complex BU or multiple BUs (largest scope or degree of complexity)
- Support the Compensation Consulting function in the design, implementation and ongoing management of general or specific programs, initiatives and projects within assigned business unit and/or client groups
- Provide strong compensation consultation to P&C partners and the respective business unit clients in support of business initiatives while leading/influencing compensation strategy for BU
- Responsible for providing market intelligence analysis, industry specific data assessment and consultation to assigned clients (P&C Business Partners / Business Leaders) to inform appropriate solutions
- Manage the annual merit, bonus and long-term incentive planning process and communication for assigned clients
- Collaborate, contribute to the development and harmonization of programs, plans and processes with Compensation Operations and Strategy team on enterprise-wide initiatives
- Collaborate with P&C business partner, BU Management, TA, Finance, Workday team, broader Comp Ops team, and Legal as it relates to compensation
- Day-to-day oversight of Comp Managers and Analysts to develop the team and support delivery
- Serves as trusted advisor to P&C Senior Management Team member for BU
- Determine and/or guide team regarding job evaluation and FLSA classification for open positions and/or new positions
- Demonstrates complex problem-solving and creative solutioning
- Facilitate education and training on compensation principles, tools and practices to strengthen People & Culture and Talent Acquisition business knowledge of compensation programs and processes
- Deep knowledge in area of accountability and related areas to develop and direct programs
- Provides vision and directs efforts for key insights/data analytics to help inform decision making (team and client group)
- Easily handles/manages sensitive compensation related topics, including VP+ Compensation, contract renewals with P&C partner team
- Oversees and develops professional/support staff; specifically Comp Manager and Analyst roles
Our take
Warner Bros Discovery (WBD) is an entertainment company formed from the 2022 merger of Warner Bros and Discovery. It is a leader in the creation, production, distribution, licensing, and marketing of content, with Warner Bros alone boasting a huge library – more than 100,000 hours of programming – before the companies were joined. WBD’s portfolio includes Discovery Channel, Warner Bros. Entertainment, Discovery+, HBO Max, and franchises like “Batman” and “Harry Potter”.
Both of the company’s previous businesses have operated throughout the digitisation of the media space. David Zaslav, CEO of WBD, headed Discovery during its expansion into digital media, to make it a “content company” over a “cable company”. The recent focus for Warner Bros has been on next-gen distribution efforts, expanding the availability of its content across platforms and devices to reach the modern viewer. The new company has plans to migrate to one tech stack, which will require extensive retooling, as well as exploring cost-saving automation opportunities for its operations.
Since the merger, the new giant that is Warner Bros Discovery has had a shaky start, forcing the company to wind down operations and cut back on content, which included the very public scrapping of the “Batgirl” movie. However, it now seems the company may have been ahead of the curve, as a wider trend of cutbacks has been seen from peers in the space. This early move, combined with a hyper-focus on cash generation, seeks to establish WBD as an outperformer in an industry on the downturn.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company HQ
Midtown Manhattan, New York, NY
Leadership
David Zaslav
(CEO, not founder)Spent 17 years at NBCUniversal including as President of NBC Cable LLC and NBC Media LLC.
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