Lowe’s

Sr. Director Compensation

Lowe’s$130K — $180K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Business, or related field; or equivalent experience
  • 5+ years in compensation with progressive responsibility, including managing others
  • Deep consulting experience in compensation strategy
  • Experience with job architecture and career frameworks
  • Proficiency in utilizing market intelligence and analytics for compensation decisions

Responsibilities

  • Lead strategy and governance for compensation and recognition programs
  • Collaborate with HR and business leaders on compensation strategies
  • Manage annual and mid-year compensation planning processes
  • Oversee design and governance of bonus and incentive plans
  • Direct compensation benchmarking and market competitiveness initiatives
  • Provide expert guidance on compensation decisions for offers and adjustments
  • Lead development and maintenance of job descriptions and career frameworks

Benefits

  • Comprehensive compensation and rewards programs
  • Opportunities for professional development and mentorship
  • Cross-functional collaboration with senior leadership
  • Access to advanced compensation technology and AI tools
  • Engagement in strategic organizational changes and workforce planning
Full Job Description
Your Impact

The primary purpose of this role is to lead the strategy, design, governance, communication, and administration of Lowe's compensation, rewards, and recognition programs, ensuring alignment with business objectives, talent priorities, and the enterprise pay-for-performance philosophy. This leader partners closely with senior leaders, HR Business Partners, Talent Development, Talent Acquisition, Technology teams, and other cross-functional stakeholders to provide strategic compensation guidance and deliver competitive, equitable, and market-informed reward solutions that attract, retain, and motivate talent. This role is responsible for evolving and administering compensation programs and incentive plans, including annual and mid-year compensation planning, bonus plan governance, recognition program design and governance, and related policy and rule administration. This position provides oversight of compensation governance, enterprise job architecture, job description management, career frameworks, and pay grade consistency to support alignment, transparency, and compliance across the organization. Additionally, the role leverages market intelligence, analytics, technology, and AI-enabled capabilities to drive informed decision-making, operational excellence, and continuous improvement across compensation programs and processes. The role leads and develops a team of compensation and rewards professionals and serves as a trusted advisor to executive leadership on compensation, rewards and recognition, governance, workforce planning, and organizational change.

What You Will Do
  • Lead the strategy, governance, communication, and administration of enterprise compensation, rewards, and recognition programs aligned to business strategy, talent priorities, and pay-for-performance philosophy.
  • Partner with HR leaders, HR Business Partners, Talent Development, Talent Acquisition, Technology teams, and senior business leaders to develop and deliver compensation strategies, market-informed recommendations, and reward solutions that support business and talent outcomes.
  • Lead annual and mid-year compensation planning processes, including testing, reporting, process execution, communication, stakeholder engagement, change management, and governance of compensation changes.
  • Oversee enterprise bonus and incentive plan governance, including plan design decisions, policy interpretation, rule consistency, LOA treatment, bridging rules, and alignment between plan administration and plan documentation.
  • Direct compensation benchmarking efforts, including participation in compensation surveys and labor market studies, to assess market competitiveness, emerging trends, and best practices.
  • Provide strategic guidance on internal and external offers, market adjustments, sign-on awards, equity considerations, and when HR Business Partners or Talent Acquisition should engage Compensation.
  • Lead the evaluation of business requirements and the development and maintenance of enterprise job descriptions, job families, and career frameworks, while progressively advancing Lowe's approach to skills-based architecture and workforce design where appropriate.
  • Establish and maintain job grading, pay structures, and governance practices that support job architecture integrity, pay grade consistency, equitable pay decisions, and enterprise alignment, including the evolution of skills-based pay practices where appropriate.
  • Support mergers, acquisitions, and integration activity by assessing role mapping, job architecture, leveling, pay structures, incentive alignment, and other compensation decisions needed to integrate acquired organizations into Lowe's compensation and rewards frameworks and programs.
  • Ensure compensation, rewards, and recognition programs comply with applicable laws, regulations, company policies, governance standards, and associate experience requirements.
  • Lead, in partnership with Technology teams and cross-functional partners, the design, development, and implementation of compensation and rewards technology, systems, data infrastructure, reporting, process improvements, and the responsible adoption of AI-enabled tools and capabilities that enhance decision quality, efficiency, and user experience.
  • Design and advocate for rewards programs that address the full lifecycle of employee and work-life needs while enhancing attraction, retention, engagement, and performance.
  • Oversee vendor, invoice, and budget management activities related to compensation, rewards, and recognition programs, including survey vendors, recognition vendors, and related financial governance.
  • Lead, develop, and mentor a team of compensation and rewards professionals, fostering a high-performing, consultative, and customer-focused function.
  • Serve as a trusted advisor to executive leadership on compensation strategy, rewards and recognition governance, workforce planning, and organizational changes that require compensation support.

Minimum Qualifications
  • Bachelor's degree HR, Business, or related field or equivalent years of experience in lieu of education requirement, if applicable
  • Experience with progressive responsibility in the compensation field (5+ years managing others) and / or deep consulting experience


Preferred Skills/Education
  • Master's degree MBA or Master Degree


About Lowe’s

Lowe's Careers

Joining Lowe's means becoming part of a team that is committed to fostering an environment of growth, innovation, and leadership. As one of the leading home improvement companies, Lowe's offers unparalleled job opportunities and a culture that values diversity and professional development. Work You'll Do At Lowe's, your work will directly impact our mission to help people love where they live. Whether you're involved in the direct sales process, product development, or customer service, your role will contribute to our industry-leading standards. Transform Your Career Leverage your skills and drive in a position that empowers you to lead projects and initiatives that redefine the retail experience. Lowe's is at the forefront of the industry, combining retail, technology, and customer service to create unique experiences for consumers. Join a team of dedicated professionals who are there to support your career aspirations and help you grow both personally and professionally. With over 300,000 team members, Lowe's is a place where you can cultivate a career filled with innovation and opportunities. Lowe's Professional Growth and Opportunities We are committed to the professional growth of every team member. Lowe's offers a variety of career paths and opportunities for advancement, including leadership roles in numerous departments. Whether you're seeking a part-time position or a full-time career, Lowe's provides the training and resources needed to advance and excel. Internship Programs Start your career with Lowe's through our dynamic internship programs. These opportunities provide hands-on experience and a chance to engage in meaningful work that impacts our business. Interns at Lowe's gain invaluable skills, work alongside experienced professionals, and are considered for full-time positions upon successful completion of the program. Benefits and Culture Lowe's is dedicated to maintaining a culture that promotes diversity and inclusion. We offer a comprehensive benefits package that supports the health, well-being, and financial security of our employees and their families. Benefits include health insurance, retirement plans, and employee discounts, among others. Networking and Innovation Stay connected and ahead in your career through Lowe's commitment to innovation and networking. Our team members have access to cutting-edge technology and are encouraged to think outside the box to solve challenges. Networking within the company is supported through various groups and initiatives, fostering connections that can lead to career advancement. Join Our Team Explore the job opportunities at Lowe's that match your skills and interests. We are always looking for passionate, curious, and solution-driven team players. Start your journey with Lowe's today and be part of a company that values hard work and dedication. Stay Up to Date Keep informed with the latest in career tips, company news, and industry insights—all from the people who work at Lowe's. Our careers blog provides valuable content that can help you navigate your professional journey. Job Alert Emails Customize your subscription to receive job alerts and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Lowe's. SEARCH LOWE'S JOBS At Lowe's, your career is in your hands. Build it with us and be part of a team that is changing the future of retail.
Learn more about Lowe’s
Size
200,000 employees
Market Cap
$120.3 billion
Industry
Net Income
$5.8 billion
Founded
1946
5 Year Trend
+8.2%
Revenue
$89.5 billion
NASDAQ

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