VP, Compensation

What You'll Do:Provide leadership in the design and execution of compensation strategy, policy, and frameworks appropriate for the technology industry, particularly SaaS, and applicable to a global organization.Lead the digitization of all compensation processes ensuring salary reviews, incentive assessments, and equity decisions are undertaken in a systematic and programmatic manner.Provide technical and people leadership to a team of compensation consultants. Evolve Xero’s global job architecture framework for compensation and ensure it’s fit for purpose in line with leading global technology organizations. Ensure policies and practices are in compliance with legal and regulatory requirements across regions and countries.Conduct regular market analyses to benchmark company compensation against technology industry standards and trends.Make data-driven recommendations for adjustments ensuring competitive and equitable pay practices.Oversee salary surveys, establish salary structures, develop salary budgets, and prepare policies and procedures to ensure the achievement of equitable and competitive employee compensation.Proactively assess competitive labour market trends. Maintain a working knowledge of federal and state legislation and labour contracts that may affect compensation policies. Leverage HR technology and systems to streamline processes and ensure data accuracy and efficiency.Partner with internal stakeholders such as PX, TX, finance, and others to align compensation initiatives with broader global organizational strategies. Lead and work alongside compensation consultants to plan and deliver key cyclical processes such as annual and interim salary review processes, gender pay equity analysis, and short-term incentive payment calculations.Develop a compensation education roadmap and lead the communications for people leaders and all Xero's on the interpretation and application of compensation structures.Lead the design of short-term incentives, long-term incentives, sales incentives, sign-on bonuses, retention, and project-related incentives. Manage relationships with consultancies/vendors on a day-to-day basis.

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