
Strategic Compensation and Benefits Leader
2 days ago
The Total Rewards Manager is a pivotal role in the organization, responsible for developing and implementing comprehensive total rewards strategies that support business objectives. This strategic leader will lead compensation and benefits programs, ensuring they are competitive, sustainable, and scalable.
Key Responsibilities- Total Rewards Strategy & Design
- Develop a total rewards strategy (compensation, benefits, recognition, well-being) aligned with organizational goals and values.
- Establish and refine total rewards frameworks, leveraging market data to support competitive positioning while maintaining internal equity.
- Drive compensation and benefits programs for direct and indirect labor, focusing on scalability and compliance with global standards.
- Oversee the annual compensation cycle, including salary planning, merit increases, promotions, and adjustments.
- Lead market benchmarking processes by partnering with external vendors to assess competitive positioning.
- Conduct pay equity and gap analyses, making recommendations for adjustments to maintain equitable compensation practices.
- Drive the design and execution of health, wellness, retirement, and other employee benefit programs to ensure offerings are relevant and competitive.
- Lead benefits renewal processes and vendor negotiations, aiming to enhance the employee experience while managing costs.
- Conduct benefits utilization reviews and annual benefits sessions to educate employees and promote awareness.
- Develop performance and recognition programs that support a high-performance culture.
- Align recognition initiatives with company values to foster engagement and drive performance.
- Assess and adjust programs based on employee feedback and industry trends.
- Create and manage compensation, benefits, and recognition policies to ensure clarity and alignment with company values and regulatory standards.
- Lead compliance efforts with local, state, and federal regulations, along with global standards for international employees.
- Leverage data analytics to monitor the effectiveness of total rewards programs, making recommendations based on insights.
- Prepare executive-level reports and presentations on total rewards metrics, ensuring alignment with business goals.
- Lead the total rewards workstream during M&A due diligence.
- Assess and analyze compensation structures, benefits plans, equity programs, and retirement schemes of target companies.
- Identify risks, liabilities, and cost implications associated with rewards programs.
- Provide total rewards input into purchase agreements, transition service agreements, and offer structures.
- Partner with HR, finance, and business leaders to ensure alignment on total rewards initiatives.
- Provide guidance and support to Talent Acquisition for competitive compensation structures for new hires, including campus recruitment and internships.
- Lead and develop a team (direct or dotted line) responsible for total rewards initiatives, ensuring their growth and alignment with company values.
- Foster a collaborative environment with a focus on knowledge-sharing, process improvement, and continuous learning.
- Experience: 7+ years in total rewards, compensation, and benefits, with at least 5+ years in a leadership or CoE role within a medium to large organization.
- Education: Bachelor's degree in Human Resources, Business Administration, or a related field; a Master's degree or relevant certifications (e.g., CCP, CEBS) are preferred.
- Skills:
- Strong expertise in compensation frameworks, benefits management, and total rewards benchmarking.
- Proficient in working with HR systems (Workday, SAP, Oracle, etc.) and data analysis tools.
- Proven ability to manage vendor relationships and negotiate contracts.
- Exceptional interpersonal and communication skills to engage with executives and stakeholders effectively.
- Experience in managing teams or dotted line reports, with strong leadership capabilities.
- Ability to work effectively in a dynamic, fast-paced environment.
- Strong analytical mindset with experience in data-driven decision-making.
- Comfortable with navigating ambiguity and leading through change.
- Commitment to fostering an inclusive workplace aligned with company values.
As a Total Rewards Manager, you will be part of a dynamic team that drives business success through effective compensation and benefits programs. If you are passionate about creating a high-performance culture and driving business results, we encourage you to apply for this exciting opportunity.
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