Reports To: Chief Human Resources Officer
Job Type: Full-time; Exempt
Region: Central America & Mexico – South America – United States
Start Date: Immediately
Contact: Please apply by using the company site only.
Root Capital is a nonprofit whose mission is to grow rural prosperity and build the resilience of farming families around the world. We support the growth of agricultural enterprises so they can transform rural communities. These businesses purchase crops such as coffee, cocoa, or grains from smallholder farmers. With growth, they become engines of impact that can raise incomes, create jobs for the next generation of leaders, level the playing field for women, and take urgent action against climate change.
We supply these businesses with vital credit and capacity building to foster their growth and resilience. We work in hard-to-serve communities where others don’t. To date, we’ve distributed $1.8 billion to improve the lives of over 10 million people in farming families.
Headquartered in Cambridge, Massachusetts, Root Capital currently has associated offices in Costa Rica, Mexico, Nicaragua, Colombia, Peru, Ghana, and Kenya.
Root Capital is seeking to hire a detail-oriented compensation manager to analyze and improve our compensation philosophy with the objective of providing Root the ability to hire and retain skilled and diverse talent effectively. Working independently, the Compensation manager provides advanced analytical expertise to plan, design, develop, and administer employee compensation and total rewards programs across the organization. Reporting to the Chief Human Resources Officer, this position will evaluate our remuneration package by analyzing employees’ skills and responsibilities, doing comparative analysis by region and industry, and taking the company’s financial performance into consideration.
- Exhibit proactive drive and intellectual curiosity to research, streamline processes, assess opportunities, model improvements, and make proposals to ensure the organization’s pay structures, grades, ranges, and practices align with business strategies.
- Analyze positions to ascertain the scope of employee responsibilities and requirements.
- Participate in salary surveys, analyze survey results, and make recommendations relative to benchmarking jobs.
- Lead the annual salary increase circle and update the organization’s salary bands in alignment with the market data.
- Partner with managers and supervisors to analyze, document, and evaluate Company jobs.
- Maintain the organization’s job description library.
- Provide guidance to management regarding salary changes associated with promotions, demotions, transfers, and relocations, as well as market and equity adjustments.
- Conduct research on regulatory legislation and identify potential compensatory, operational, and financial impacts.
- Provide targeted, impactful communication of employee total rewards through email, presentations, and program documentation to various audiences throughout the organization.
- Train Managers on compensation philosophy
- Advise and provide assistance to the Regional HR Managers to identify, evaluate, and resolve compensation issues.
- Create, develop, manage, and sustain productive working relationships with vendors to maximize intended business results.
- Maintain strict levels of confidentiality.
- Design a bonus policy connecting it with the employee’s performance,
- Analyze and suggest adjustments to the benefits programs.
- Implement a recognition program across Root.
This position description is intended to describe the general nature and level of work of this position and is not an exhaustive list of all responsibilities, duties, and skills required of individuals in this role.
Preferred Qualifications and Skills
- Undergraduate degree in business administration or human resources.
- Minimum of 6 years of experience working in a compensation field and at least 3 years as a manager, ideally in an organization working across multiple locations in multiple countries.
- Expert knowledge of compensation theory and practice in the implementation of organization-wide pay structures and special pay and incentive policies
- Proficient project planning skills, including the ability to organize, prioritize, and control job responsibilities in order to meet deadlines in an environment with overlapping and potentially conflicting priorities.
- Proficient with MS Office Word, Excel, PowerPoint, and HRIS systems.
- Excellent written and oral communication skills in English and Spanish preferred.
- Ability to work effectively with people of diverse backgrounds, experiences, and communication styles.
- Committed to prioritizing diversity, equity, and inclusion and embracing transparency and authenticity in daily work life.
- Proven ability to work under pressure, multi-task, and adapt to a dynamic environment.
- Proactive approach to problem-solving with demonstrated decision-making capabilities.
- Ability to work collaboratively with key stakeholders across the organization.
- Strong attention to detail and the ability to manage multiple projects simultaneously.
- Experience working and communicating in a remote environment.
- Authorized to work in Peru, Mexico, Costa Rica or US.
Root Capital provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, creed, religion, sex, national origin, ancestry, active military or veteran status, age, physical or mental disability, medical condition, pregnancy (which includes pregnancy, childbirth, medical conditions related to pregnancy and childbirth, and breastfeeding and expressing breast milk), sexual orientation, gender, gender identity, gender expression, genetic information, or any other characteristic protected by law. Root Capital is committed to creating a dynamic work environment that upholds our leadership principles of: empowerment, equity, integrity, service, and transparency