Director/Senior Director, Total Rewards

We're looking to hire a Director/Senior Director of Total Rewards to join us in our mission to improve human health and quality of life. As a leader within our People team, you'll lead our compensation and benefits functions by designing and delivering programs that attract, retain, and reward top talent worldwide.

Schrödinger is on the cutting edge of computer-aided drug discovery and materials science. Our software platform continues to revolutionize the design of therapeutics and materials, and we leverage this platform to advance a pipeline of internal, wholly-owned drug discovery programs. We also license our software to leading biopharmaceutical and industrial companies, academic institutions, and government laboratories worldwide.

Who will love this job:

• A strategic rewards architect who sees compensation and benefits as a powerful tool to align employees with company goals and culture
• A data-driven thinker who thrives on analyzing market trends, benchmarking, and building fair, competitive, and scalable frameworks
• A collaborative leader who enjoys partnering across HR, Finance, and Leadership teams to influence decisions that impact the entire organization
• A global strategist who understands the complexity of operating in multiple geographies and is excited by the challenge of building programs that work globally while respecting local nuances
• An employee advocate who cares deeply about creating a positive employee experience and believes that thoughtful compensation and benefits are key to engagement and retention
• A storyteller who can distill trends into principled and well-presented recommendations

What you'll do:

• Lead compensation strategy by designing, implementing, and continuously refining global compensation philosophy and structures, including salary bands, incentive plans, and equity programs
• Oversee benefits programs by evaluating, implementing, and managing competitive benefits offerings (healthcare, retirement, wellness, and perks) to support employee well-being across all regions
• Lead salary review cycles, bonus planning and management, and equity grants, ensuring alignment with budget and business objectives
• Conduct benchmarking, surveys, and market analyses to keep compensation packages competitive and compliant
• Stay current on compensation and benefits regulations (FLSA, ERISA, GDPR, etc.) and ensure programs are legally compliant
• Optimize People systems and analytics to track compensation data, identify trends, and inform decision-making
• Manage and mentor a small team
• Advise executives and managers on pay decisions, policy interpretation, and job leveling to ensure fairness and consistency; collaborate across the People Team and with Finance to provide guidance on compensation-related business problems

What you should have:

• At least eight years of progressive experience in compensation and benefits, including at least five in a leadership role or an equivalent
• Expertise in designing and scaling global compensation frameworks, incentive plans, and equity programs
• Deep understanding of US and international benefits regulations and practices
• Experience with compensation analytics tools, HRIS platforms, and market survey data (e.g., Aon, Radford, Mercer)
• Excellent communication, presentation, and stakeholder management skills
• Master's degree and/or certifications in Human Resources, Business, or a related field are a plus
• Willingness to travel quarterly