Director, Compensation

US - MA - Boston

Location(s)

US - MA - Boston

Team(s)


Director of Compensation

Company Description

Rapid7 (NASDAQ: RPD) is helping organizations around the globe advance securely. Our technology, services, and community-focused research simplify complexity for security teams, helping them reduce vulnerabilities, monitor for malicious behavior, investigate and shut down attacks, and automate routine tasks. With more than 9000 customers across 120+ countries, Rapid7 is a recognized leader in cybersecurity that has proudly earned numerous industry accolades and strong recognition for our technology and culture. For more information, visit our website, check out our blog, or follow us on LinkedIn.

The Opportunity

As Rapid7 continues to grow, both organically and through strategic acquisitions, this newly created role reporting to the VP, Total Rewards, will be responsible for focusing on scaling for the future while retaining our high-touch and partnership approach to managing compensation. We believe people are the lifeblood of our company and central to achieving our mission, and we want to ensure they are rewarded appropriately and competitively for their contributions. Rapid7 is seeking a Compensation leader to drive strategic compensation selections and deliver innovative and attractive compensation programs within a fast-paced, collaborative and high-growth company within the cybersecurity industry. This is a high-impact and highly visible role for someone who wants to be part of building a $1billion+ company.

The Role

With their team, this role will manage the annual compensation cycle, proactively identify and drive initiatives, ensuring programs are in support of our overall global approach to total compensation. Continuously anticipating future needs while remaining flexible to meet the current needs of a rapidly scaling global organization, this person will build collaborative partnerships with managers and members of the People Strategy team to deliver innovative solutions.

  • Influence the direction and design creative solutions focused on compensation but also overall Total Rewards by understanding the business, anticipating and diagnosing business needs, and collaborating with managers and the People Strategy team.

  • Provide consultation and partnership, guiding with internal and market insights to drive compensation solutions and/or job leveling reviews. Outline implications and cost impacts, review with leaders while incorporating feedback, and managing rollouts with a key focus on the best way to communicate. Striking the right balance between speed/flexibility and process/compliance is key to success in this role.

  • Partner closely with the Talent Acquisition and the People Strategy team to stay on top of competing markets, concerns with compensation or job leveling, and ensure compensation programs support hiring as well as retaining and motivating current employees. 

  • Partner with People Strategy and the business on international transfers and mobility- related requests.  

  • Enhance communications on compensation programs and partner with People Development on compensation-related sessions as part of Manager Bootcamp and any other training.

  • Successfully manage a team of Compensation professionals, mentoring and driving effective compensation consulting so there's a unified approach that flexes depending on the roles and reinforces being a valuable business partner.

  • Participate in the preparation of the Board Compensation Committee of the materials for quarterly meetings including partnering with executive compensation consultants during the year.   

  • Optimize Workday setup, expanding functionality related to managing compensation, jobs and people data in Workday. Ensure compliance with SOX, internal policies and local labor laws.  Maintain current knowledge of legal and market topics to ensure compliance including Equal Pay and FLSA.

Qualifications and Traits

  • 10+ years of experience managing compensation programs, with at least two years of people leadership experience

  • Proven thought partnership and strategic influence including experience working with executives and cross-functional stakeholders

  • Experience with managing global compensation programs including equity programs 

  • Understanding of the market for both technical and commission-based roles in a fast-paced environment 

  • The ability to balance being data-driven with being creative

  • Excellent written and verbal communication skills

  • BA/BS

  • Experience with M&A is a tremendous plus

  • Workday experience a plus