Job Description

Job Summary:

The Compensation Director leads the strategy, design, and execution of Advance’s compensation programs, ensuring alignment with business and talent goals. This role oversees regulatory compliance, manages executive compensation, and evaluates pay levels. The ideal candidate is a detail-oriented thought leader, comfortable in a fast-paced, high-growth environment, and skilled at partnering with senior leaders and external providers to deliver best-in-class service for Team Members.

What will you do?

• Strategy Development: Develop and gain leadership support for an annual and 3-year compensation strategy for our compensation programs; analyze plans’ market competitiveness, financial performance, compliance and team member turnover, and devise a cohesive, holistic and comprehensive strategy that delivers plans that are innovative, aligned with external market trends and meet the current and future needs of our team members.
• Program Ownership: Oversees program effectiveness by analyzing internal and external competitiveness through survey assessments bi-annually, planning and problem solving to ensure our programs deliver expected returns-on-investment and remain within approved annual operating budgets; delivers periodic program-specific reporting to leadership with appropriate KPIs.
• STI and LTI Design: Works with key internal and, as needed, external stakeholders to develop and model all commission plans, bonus plans, and LTI design. Ensures alignment between business goals and team member motivation. Responsible for communications and implementation of all changes.
• Compensation Administration: Partner with the Compensation Administration and Payroll teams to ensure accuracy of the day-to-day and annual administration of our compensation programs. Work with teams to resolve issues as needed.
• Compensation Consultancy: Ensures team members’ understanding and engagement with our compensation plans by delivering creative, innovative timely and relevant communications and education tools. Work with HR Business Partners and Business Leaders to deliver compensation solutions that meet the needs of the business. Ensure appropriate communication and change management, as needed.
• Leading Partners: Coordinate with internal and external partners to resolve complex issues, ensure timely and accurate transfers of data and aligning resources to provide best-in-class service to our team members

Qualifications:

• Workday experience is highly desirable
• Proven experience working in a Fortune 300 organization preferred
• Strong demonstrated capability in leading teams of direct/indirect reports and cross-functional teams, taking others along with them to achieve results
• Deep expertise in compensation administration and design with a proven track record of successful implementation and results
• Ability to influence, without direct report authority, across various levels within an organization and with external partners
• Unyielding passion and drive for supporting and advocating for team members
• Ability to work well, both independently and in collaboration with multiple partners
• Exceptional verbal and written communication skills with an ability to adjust one's style to meet the audience's needs
• Excellent project management skills, ability to multi-task and work to deadlines in a fast-paced environment
• Ability to listen effectively and express thoughts and opinions clearly and concisely
• Commands a strong presence with a flexible, clear and compelling communication style that carries weight with diverse audiences inside and outside the organization
• Ability to translate data into impactful insights that drive solutions to complex problems across the organization
• Participates in professional networks and/or stays up to date on current research to ensure awareness of social, economic, and regulatory trends that may affect the business and future compensation strategies

Certifications, Experience, and Education:

• Certifications: None required
• Experience: 10+ years of progressive experience in HR, with a focus on compensation design and administration. Minimum of 5+ years of management experience.
• Education: Bachelor’s degree required; Master’s degree preferred.

Location & Work Availability:

This position is Hybrid (4 days in office, 1 day remote), based at our corporate headquarters in Raleigh, North Carolina. Flexibility for occasional travel may be required.

Benefits Summary:

We believe in supporting our Team Members and those they love through comprehensive health & wellness benefits. Learn more here: https://jobs.advanceautoparts.com/us/en/benefits

Company Overview:

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of December 28, 2024, Advance operated 4,788 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 934 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state, or local protected class.

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