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Executive Director Compensation

Company: MGM Resorts International
Location: Las Vegas
Posted on: July 1, 2020

Job Description:

Location:Las Vegas, NevadaPRIMARY PURPOSE:Oversees the MGM Resorts Compensation Program for all union and non-union employees. This position leads the Compensation team which supports the corporate and property leadership on compensation-related issues, including wage and salary administration, union compensation, short- and long-term incentive plan design, and enterprise job architecture.PRINCIPAL DUTIES AND RESPONSIBILITIES:Directs the creation and implementation of compensation programs for the Company; ensures programs are carried out consistent with the strategic plan and vision of the CorporationDevelops, implements and manages all compensation programs including incentive plans (short term, sales, and equity), union and non-union compensation, salary increase and promotion guidelinesProvides guidance and recommendations to corporate and property management on various compensation-related issues including wage and salary administration, incentive pay, job analysis, and employee promotions/reclassificationsOversees comprehensive company-wide salary, market, and job reviews and ensures associated recommendations are both legally compliant and align with the total reward strategyDevelops, implements and manages compensation procedures and practices for maintaining external competitiveness and internal equityDirects the creation and maintenance of company-wide, standardized job descriptions and job titling; evaluates jobs to maintain the integrity of the job architectureResponsible for transitioning all acquired companies onto MGM Resorts compensation programsProvides interpretation of and ensures compliance with federal and state legal requirements concerning employee pay, including FLSA and Wage & Hour regulations; maintains current knowledge of appropriate regulationsAnalyze the effectiveness of current compensation programs including the correlation of payout to business achievement, behavior motivation, ability to attract the best talent, retention of the best talent, internal equity and competitive positioning.Interacts regularly with all levels of management to address complex employee compensation issues and to develop and implement effective solutionsResponsible for coordinating the functions of the Internal Compensation Committee and the Compensation Committee of the BoardCreates and maintains a work environment which promotes teamwork, performance, feedback, recognition, mutual respect, and employee satisfaction; establishes and communicates priorities, sets performance objectives, provides directions, and holds staff accountableMINIMUM REQUIREMENTS:Bachelors Degree in Business Management or a related field; or equivalent combination of education and experienceAt least 8 years of professional compensation-related job experienceExperience managing professional/exempt employeesPREFERRED:Masters Degree in Business or Human ResourcesCERTIFICATIONS, LICENSES, REGISTRATIONS:Certification Compensation Professional (CCP)

Keywords: MGM Resorts International, Las Vegas , Executive Director Compensation, Human Resources , Las Vegas, Nevada

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