Senior Vice President, Global Total Rewards
Job Description
At Iron Mountain we protect what our customers value most, from the everyday to the extraordinary. We build customer value around the world with a passion for preserving the physical, transforming the digital, and respecting the environmental. We pioneered the industry for global records and information management and have established some of the best customer relationships in the industry with 95% of the Fortune 1000 companies among our 225,000 loyal customers. Here, you’ll bring your expertise and creativity to a workplace that thrives on continuous improvement. Here, you’ll be part of a global workforce that embraces the differences among us. And here, we’ll encourage you to Climb Higher for the benefit of our customers and each other. There is so much more, but enough about us. We can’t wait to hear about YOU.
SENIOR VICE PRESIDENT, GLOBAL TOTAL REWARDS
(Remote)
The Company
Iron Mountain Incorporated (NYSE: IRM) is a global business-to-business services provider trusted by 950 of the Fortune 1000 firms to manage their operational and mission-critical information and assets. Originally founded in 1951, today we help organizations around the world protect their information, reduce storage costs , comply with regulations, facilitate corporate disaster recovery, and better use their information and IT infrastructure—regardless of its format, location, or life cycle stage—for business advantages. We do this by storing physical records and data backup media, offering information management and digital transformation solutions, and providing data center space for enterprise-class colocation and hyperscale deployments. We offer comprehensive records and information management services and data management services, along with the expertise and experience to address complex storage and information management challenges such as rising storage rental costs, legal and regulatory compliance, and disaster recovery requirements. We provide secure and reliable data center facilities to protect digital information and ensure the continued operation of our customers’ IT infrastructure with reliable and flexible deployment options. Our dramatic growth story in digitization is driven by market leading strategic investments in these key areas while continuing to build upon our recognized reliability in paper storage, retrieval, and secure destruction.
Iron Mountain’s broad array of solutions addresses the exacting requirements of highly-regulated organizations including federal government agencies, Fortune 1000 enterprises, healthcare and life sciences organizations, financial services companies, and cloud services providers. For over 70 years, discerning customers continue to choose Iron Mountain based on our proven record of accomplishment, successful relationships, maximum efficiency, predictable results, and established reputation for trust, data protection, secure chain of custody, and environmental sustainability.
The significant investments Iron Mountain has made over the past several years in expanding our product and service portfolio has enhanced our total addressable market by 800 percent— from $10 billion to over $80 billion. The company is experiencing record growth across all our business lines. Our solutions mindset combines both relentless attention to the needs of our customers as well as committed, innovative teams that are laser-focused on addressing the most pressing challenges facing our clients.
Key Iron Mountain Facts
FY2021 revenue of $4.491 billion
95% of Fortune 1000 as customers. Total customer base of 225,000 with retention of 98%
Enterprise value of $21 billion
Dividend yield of 5.29% with 9 years of consecutive dividend increases
Our growth strategy is aligned around five strategic pillars, which form the basis for our structure, financial investments, and our talent and organizational capabilities.
Asset Lifecycle Management (ALM): Iron Mountain’s ALM business provides end-to-end services spanning the deployment, management, decommissioning, and dispositioning of technology assets for hyperscale data centers, corporate data centers, and corporate end-user devices. Our ALM capabilities provide world-class and unsurpassed data protection, maximum value recovery, and circular solutions for customers’ IT asset lifecycle needs. ALM revenue is anticipated to increase by more than 30x in the next several years, becoming a multi-billion dollar business.
Crozier Fine Arts: Crozier Fine Arts is the first-of-its-kind global art storage and services provider, serving the world’s leading institutions in the care, movement, and long-term preservation of art and culture.
Data Centers : The Data Centers business is targeted to double its revenue by continuing to expand its footprint around the world, driving leasing and hyperscale opportunities offered at scale and with sustainability embedded in our business strategy.
Digital Solutions : The Digital business unit is accountable for the full lifecycle of all digital products and solutions—including records scanning and digitization; our AI-Powered content services platform (CSP), or InSight; Iron Mountain Connect, our online customer hub; Information Governance/Policy Center; and Iron Cloud/SOS.
Global Records and Information Management (GRO) : GRO is a revenue-driving commercial organization that focuses on developing, selling, and supporting solutions for customers in our regions and key global vertical industries. GRO helps organizations focus on high-value tasks to develop more meaningful, relevant connections with their data in any format: physical to digital, content analysis and visualization, metadata capture, workflow automation to policy and compliance control. GRO Commercial is poised to increase its annual growth rate by more than 7%, where it has historically grown at 1.2%.
The Opportunity
The Senior Vice President, Global Total Rewards will be responsible for leading and managing all aspects of Iron Mountain’s compensation and benefits around the globe. This position will be tasked with envisioning a Global Total Rewards program that meets the needs of our evolving organization during this period of hypergrowth and transformation.
Reporting to Iron Mountain’s Chief Human Resources Officer, the SVP, Global Total Rewards will be charged with setting the strategic direction, roadmap, and philosophy for compensation and benefits in order to ensure Iron Mountain is leading the competition in terms of our ability to attract, hire, retain, and incentivize top talent. In order to accomplish these objectives, this position oversees a team of four direct reports and a total staff of 35.
Leading the strategy that dictates how Iron Mountain invests in our people, the SVP, Global Total Rewards will partner with executive leadership, senior business leaders, hiring managers, HR Business partners, and our Talent Acquisition and Executive Search teams to design and establish competitive total rewards objectives and plans. Responsibilities will include designing and implementing company-wide comp and benefits programs, benchmarking, analyzing the talent compensation market, and assessing and amending the internal compensation structure. As such, the individual will act as a subject matter expert and thought leader on compensation, executive compensation, benefits, mobility and payroll, keeping abreast of the trends and best practices that dictate total rewards.
The ideal candidate will have experience leading total rewards for a large, complex, globally distributed organization preferably with experience leading an employee base comprised of both corporate and front-line employees. This individual will maintain the highest level of confidentiality and diplomacy.
Role & Responsibilities
Comprehensively develop, lead and execute upon a long-term Global Total Rewards strategy, designing competitive and compelling compensation and benefits programs aimed at attracting and retaining talent in a competitive environment while simultaneously maintaining internal equity.
Assess Iron Mountain’s current global total rewards program to identify opportunities to enhance our strategy and approach.
Oversight of all compensation programs, including the design, planning,implementation and communication of base cash compensation, variable compensation and equity programs at all levels, including executive compensation.
Manage and lead all aspects of global benefits. Review the company’s employee benefits offerings and recommend changes to the benefits programs to take advantage of tax efficient programs and, to ensure global competitiveness and cost effectiveness. Manage the effective communication of benefits to achieve employee awareness, understanding, and appreciation of the programs offered.
Develop plans to address challenges related to talent acquisition and retention in order to demonstrate Iron Mountain’s commitment to investing in our talent.
Continue to integrate, execute on, and evolve Iron Mountain’s recently launched job architecture with an eye towards internal job equity, appropriate leveling, and competitive compensation.
Own our equity pool and iterate on our future equity strategy.
Collaborate with HRBPs to understand and address the needs of internal stakeholders and client groups, providing direction and guidance on programs and offerings.
Evaluate our position in the compensation market and talent universe and share key metrics in order to drive improvements.
The Ideal Candidate Characteristics & Credentials
Track record of demonstrated success in a multibillion dollar, global organization that is fast paced and experiences heavy competition for scarce resources.
Proven comfort and ability leading and partnering cross-functionally with senior leadership, hiring managers, HRBPs, and talent acquisition.
Ability to assess current compensation modeling and provide strategic feedback regarding competitiveness of compensation and benefits offerings—especially in light of our growth and digital transformation—in order to better attract and retain top talent with highly sought after skill sets.
Experience providing thought leadership and guidance on a global level; demonstrated understanding of regional nuances and local implications regarding total rewards.
Knowledge of all federal, state, and local regulations across the globe. Ensure compliance with federal, state, and local compensation laws and regulations in each of Iron Mountain’s geographies.
A minimum of 15 years of total rewards experience with a demonstrated track record leading this function globally.
Bachelor’s degree in Human Resources, Business Administration, Economics, Finance, or related discipline preferred.
Iron Mountain is committed to a policy of equal employment opportunity. We recruit and hire applicants without regard to race, color, religion, sex (including pregnancy), national origin, disability, age, sexual orientation, veteran status, genetic information, gender identity, gender expression, or any other factor prohibited by law.
To view the Equal Employment Opportunity is the Law posters and the supplement, as well as the Pay Transparency Policy Statement, CLICK HERE
Reasonable Accommodation
Iron Mountain is committed to working with and providing reasonable accommodations to individuals with physical and mental disabilities. If you are a qualified individual with a disability or a disabled veteran, you have the right to request reasonable accommodation if you are unable or limited in your ability to use or access the Iron Mountain Careers website as a result of your disability. We will make a determination on your request for reasonable accommodation on a case-by-case basis.
Reasonably expected salary range: $295,200.00 – $393,600.00
Category: Human Resources
Iron Mountain Incorporated, founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world in approximately 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts.
Providing solutions that include information management, digital transformation, secure storage, secure destruction, as well as data centers, cloud services, and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a digital way of working.
Our Cores Values and Code of Ethics are our north star. They provide a solid base for how we do business and behave every day, so each one of us can experience exceptional.
If you have a physical or mental disability that requires special accommodations, please let us know by sending an email to accommodationrequest@ironmountain.com . See the Supplement to learn more about Equal Employment Opportunity.
Iron Mountain is committed to a policy of equal employment opportunity. We recruit and hire applicants without regard to race, color, religion, sex (including pregnancy), national origin, disability, age, sexual orientation, veteran status, genetic information, gender identity, gender expression, or any other factor prohibited by law.
To view the Equal Employment Opportunity is the Law posters and the supplement, as well as the Pay Transparency Policy Statement, CLICK HERE
