This role involves leading compensation and benefits functions, designing global programs, and collaborating with HR and Finance to influence organizational decisions.
We’re looking to hire a Director/Senior Director of Total Rewards to join us in our mission to improve human health and quality of life. As a leader within our People team, you’ll lead our compensation and benefits functions by designing and delivering programs that attract, retain, and reward top talent worldwide.
Schrödinger is on the cutting edge of computer-aided drug discovery and materials science. Our software platform continues to revolutionize the design of therapeutics and materials, and we leverage this platform to advance a pipeline of internal, wholly-owned drug discovery programs. We also license our software to leading biopharmaceutical and industrial companies, academic institutions, and government laboratories worldwide.
Who will love this job:
- A strategic rewards architect who sees compensation and benefits as a powerful tool to align employees with company goals and culture
- A data-driven thinker who thrives on analyzing market trends, benchmarking, and building fair, competitive, and scalable frameworks
- A collaborative leader who enjoys partnering across HR, Finance, and Leadership teams to influence decisions that impact the entire organization
- A global strategist who understands the complexity of operating in multiple geographies and is excited by the challenge of building programs that work globally while respecting local nuances
- An employee advocate who cares deeply about creating a positive employee experience and believes that thoughtful compensation and benefits are key to engagement and retention
- A storyteller who can distill trends into principled and well-presented recommendations
What you’ll do:
- Lead compensation strategy by designing, implementing, and continuously refining global compensation philosophy and structures, including salary bands, incentive plans, and equity programs
- Oversee benefits programs by evaluating, implementing, and managing competitive benefits offerings (healthcare, retirement, wellness, and perks) to support employee well-being across all regions
- Lead salary review cycles, bonus planning and management, and equity grants, ensuring alignment with budget and business objectives
- Conduct benchmarking, surveys, and market analyses to keep compensation packages competitive and compliant
- Stay current on compensation and benefits regulations (FLSA, ERISA, GDPR, etc.) and ensure programs are legally compliant
- Optimize People systems and analytics to track compensation data, identify trends, and inform decision-making
- Manage and mentor a small team
- Advise executives and managers on pay decisions, policy interpretation, and job leveling to ensure fairness and consistency; collaborate across the People Team and with Finance to provide guidance on compensation-related business problems
What you should have:
- At least eight years of progressive experience in compensation and benefits, including at least five in a leadership role or an equivalent
- Expertise in designing and scaling global compensation frameworks, incentive plans, and equity programs
- Deep understanding of US and international benefits regulations and practices
- Experience with compensation analytics tools, HRIS platforms, and market survey data (e.g., Aon, Radford, Mercer)
- Excellent communication, presentation, and stakeholder management skills
- Master’s degree and/or certifications in Human Resources, Business, or a related field are a plus
- Willingness to travel quarterly
Pay and perks:
Schrödinger understands it’s people that make a company great. Because of this, we’re prepared to offer a competitive salary, stock options, and a wide range of benefits that include healthcare (with dental and vision), a 401k, pre-tax commuter benefits, a flexible work schedule, and a parental leave program. We have a company culture that is relaxed, engaged, and over a month of paid vacation time. Our Administrative and Human Resources departments also plan a myriad of fun company-wide events. New York is home to our largest office, but we have teams all over the world. Schrödinger is honored to have been selected as one of Crain's New York Best Places to Work.
Estimated base salary range (NYC only): $185,000 - $260,000. Actual compensation package is dependent on a number of factors, including, for example, experience, education, degrees held, market data, and business needs. If you have any questions regarding the compensation for this role, do not hesitate to reach out to a member of our Strategic Growth team.
Sound exciting? Apply today and join us!
As an equal opportunity employer, Schrödinger hires outstanding individuals into every position in the company. People who work with us have a high degree of engagement, a commitment to working effectively in teams, and a passion for the company's mission. We place the highest value on creating a safe environment where our employees can grow and contribute, and refuse to discriminate on the basis of race, color, religious belief, sex, age, disability, national origin, alienage or citizenship status, marital status, partnership status, caregiver status, sexual and reproductive health decisions, gender identity or expression, sexual orientation, or any other protected characteristic. To us, "diversity" isn't just a buzzword, but an important element of our core principles and key business practices. We believe that diverse companies innovate better and think more creatively than homogenous ones because they take into account a wide range of viewpoints. For us, greater diversity doesn't mean better headlines or public images - it means increased adaptability and profitability.
Top Skills
Compensation Analytics Tools
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