Assistant Vice President for Human Resources- Compensation and Benefits
Princeton University
Application
Details
Posted: 13-Nov-24
Location: United States - Nationwide
Type: Full-time
Internal Number: 254738349
Assistant Vice President for Human Resources- Compensation and Benefits
US-NJ-Princeton
Job ID: 2024-19646 Type: Full-Time # of Openings: 1 Category: Human Resources
Overview
Princeton University seeks a strategic and collaborative leader to be its next Assistant Vice President (AVP) for Compensation and Benefits in the Office of Human Resources. The next AVP will bring the expertise, creativity, and sound judgment to be a key member of the human resources senior leadership team (SLT).
The successful candidate will offer a strong blend of both compensation and benefits experience and will combine keen operational and administrative planning and execution skills with strategic vision and an affinity for Princetonâ™s mission and aspirations. The AVP will balance the long-term goals of the University with short-term needs and have the agility to quickly pivot and manage unforeseen events and trends. The AVP will stimulate and foster innovation in the fields of benefits and compensation in a way that respects and capitalizes on Princetonâ™s traditions. The AVP must embrace and embody the Princeton culture, which includes commitments to scholarly and teaching excellence, public service, collegiality, and a diverse and inclusive community. Maintaining productive and collaborative relationships with internal and external colleagues and constituencies, and strong people management will be critical to the success of the next AVP. The position offers a unique opportunity to lead and partner with a talented and experienced team. The AVP also leads, staffs or contributes to several high-level University standing and/or ad hoc committees, including those focused on benefits, compensation strategy, and compliance-related concerns. These broad and complex responsibilities make the AVPâ™s role critical to achieving institutional goals and priorities with respect to attracting new team members, the health, wellbeing and remuneration and satisfaction of the Universityâ™s employees.
The successful candidate will join Princeton University at an exciting moment of campus growth and evolution as people-focused work has continued to intensify and brought new ways of thinking in direct connection with shifting expectations of the workforce and changing needs in our workplace.
Position Summary
This is an outstanding opportunity for a motivated individual to contribute to the University's efforts to provide comprehensive benefits and competitive compensation for Princeton's diverse and high-performing workforce comprised of a broad array of administrative and academic staff jobs.
In concert with the vice president for human resources to whom the role reports, this position is responsible for the day-to-day operations of the University's compensation, benefits, wellbeing and work life programs to achieve excellence and innovation in all aspects, in consideration of fiscal responsibility, and adherence to regulatory requirements. It also includes, and is not limited to, service delivery, vendor management and contract negotiation, reporting, and process improvements. This AVP will partner closely with other members of the HR SLT with a âœOne HRâ mindset.
Benefits and Work Life is responsible for the design and administration of all benefits (e.g. medical, retirement, Family Medical Leave) and work life/wellness programs that are comprehensive, competitive, fiscally responsible, and compliant with applicable regulations. The University offers many programs to support employeeâ™s physical, mental, and financial well-being.
Compensationis responsible for creating and administering compensation programs that are internally equitable and externally competitive, for ensuring compliance with applicable state and federal regulations, and for administering programs that support a pay-for-performance culture.
Responsibilities
Oversee compliance of plans, policies, procedures, and programs, including monitoring legislation before enacted, assessing and recommending responses, and implementing changes as necessary.
Monitor, evaluate and enhance Princetonâ™s benefits and compensation programs and gain approval and acceptance for implementation.
Ensure overall delivery of consistent, accurate, timely, effective, and efficient administration, advice, and services.
Ensure system and process efficiencies, data security and integrity, and adherence to budgets.
Develop and monitor key performance indicators regarding plan performance, internal and external operations, and customer service delivery; identifying and/or benchmarking trends and implementing appropriate solutions.
Serve as an active member or facilitator of multiple committees (Benefits Committee, Investment and Retirement Committee and Priorities Committee).
Oversee timely and accurate regulatory plan filings and communications within the University.
Provide leadership and development to the Compensation and Benefits team of 20+ members, including several senior direct reports.
Qualifications
Minimum of 10+ years senior-level and/or progressively responsible experience in benefits and compensation
Expert knowledge of benefits, work life, and compensation programs and related regulations and taxation as well as administration, resources, tools, and best practices
Management/leadership experience of a multi-disciplined department
Demonstrated success in designing, orchestrating, and leading implementation of new programs, requiring extensive project management skills in a complex environment
Demonstrated ability to manage, motivate, and leverage a diverse staff in a complex organization with competing priorities within a high-touch culture
Working knowledge of new or innovative technology to improve business processes, operational effectiveness, and employee communications, e.g., webinars, podcasts, videos, smart phone apps, etc.
Willingness to draw upon expert opinion to present new options for consideration, and be able to position, present and positively influence necessary change
Demonstrated ability to deliver excellent customer service
Knowledge of vendor capabilities and industry best practices
Demonstrated ability to conduct a robust request for proposal process and negotiate vendor services, including pricing and identifying creative solutions to meet unique needs
Demonstrated experience to ensure adherence to contracts and establish reporting needs to measure performance
Positive attitude and good sense of humor
Adaptability to changing priorities; open and flexible to new ideas that may alter plans or timelines
Solid analytical ability and good judgment to balance compliance and administration with compassion and understanding for employees and retirees
Superior communication skills in various forms: verbal, written, aural, video, presentation, web; skill in writing concise, logical, analytical reports, documentation, and/or recommendations
Strong interpersonal skills with the ability to influence senior staff members
Ability to build and maintain relationships both internally and externally to the university
Excellent facilitation and presentation skills
Excellent computer skills
Preferred Qualifications
Experience administering benefits and compensation in a multi-faceted employee population environment
Professional certifications in the areas of human resources, benefits and/or compensation
Applicable advanced degree
The Search Process
Princeton University is being assisted in this recruitment by Diversified Search Group. Interested parties should submit comments, nominations of others, or information in support of their own candidacy to the confidential email address of the Diversified search team at
Princeton University is a vibrant community of scholarship and learning that stands in the nation's service and in the service of all nations. Chartered in 1746, Princeton is the fourth-oldest college in the United States. Princeton is an independent, coeducational, nondenominational institution that provides undergraduate and graduate instruction in the humanities, social sciences, natural sciences and engineering.As a world-renowned research university, Princeton seeks to achieve the highest levels of distinction in the discovery and transmission of knowledge and understanding. At the same time, Princeton is distinctive among research universities in its commitment to undergraduate teaching.Today, more than 1,100 faculty members instruct approximately 5,200 undergraduate students and 2,600 graduate students. The University's generous financial aid program ensures that talented students from all economic backgrounds can afford a Princeton education.