Job description
Partner with senior leadership to define, develop, communicate, and execute the Total Rewards philosophy, vision, and strategy.Effectively incorporate short- and long-term business objectives into plan designs to ensure total reward strategies and solutions support existing and emerging business needs.
Partner with independent external consultants in administration of executive compensation strategy.
Collaborate on agenda topics and material development for Compensation Committee of the Board of Directors and manage the process and timeline for Committee preparedness.
Lead governance of Benefits Trust Committee, collaborate with investment advisors for quarterly investment reviews for retirement plans and adhere to necessary plan amendments as dictated by regulatory needs.
Administer the Short Term (STIP) and Long Term Incentive Plans (LTIP), including thorough understanding of plan documents, preparing communication for plan participants and auditing systems to ensure accuracy of data.
Oversee the evaluation, design and modifications of design variable compensation structures, including sales incentive compensation. Consult with business partners at all levels in creating effective programs that help drive business results.
Research salary market data and build creative solutions, ensuring that the organization retains a competitive total rewards position in the marketplace.
Direct benefits strategy and design, including health and welfare, retirement, and wellness programs.
Oversee all annual processes associated with total rewards, including planning and leading annual compensation rewards systems, benefits marketing and communications, and annual enrollment.
Collaborate on mergers, acquisitions and divestitures leading the Human Resource due diligence process.
Monitor regulatory compliance and audits to ensure compliance is maintained, as well as respond to internal and external audits and regulatory inquiries, including SOX compliance.
Lead vendor selection; monitor and manage selected vendors against service level agreements, cost-effectiveness, and legally compliant administration.
Oversee the development, compliance and maintenance of human resources data management systems.
Manage direct and indirect budgets in vendor management and benefit program spend.
Foster a collaborative, values-driven HR team culture of high standards, strong productivity, and innovations.
Perform other duties as assigned.
Education
Bachelor's degree in Human Resources, Business or related field. Master's degree is desirable
Experience
10+ years in development, implementation and execution of compensation and benefit strategies in support of business objectives in a public company
Experience leading and managing in a complex, publicly-traded organization with integrity, fairness and confidentiality
7-10 years working directly with the head of HR, CEO and Board (Compensation Committee) on executive/equity compensation strategies and programs is desirable
Progressive and scaled leadership roles
Knowledge, Skills and Abilities
Experience with internal and external reporting/disclosures requirements on executive compensation
Knowledge of M&A due diligence and integration
Robust financial acumen, as well understanding of tax/accounting/legal/regulatory issues related to executive compensation programs
Demonstrable partnership and influencing skills, strong communication skills, a commitment to outstanding customer service
Strong analytical skills, mastery of Excel, PowerPoint and HR systems
Demonstrated leadership in a fast-paced and evolving organization
Ability to consult with employees at all organizational levels
Ability to forecast and prepare accurate budgets
Ability to lead and manage significant organizational changes
Knowledge of equity plans
Ability to effectively manage projects and vendor relationships
Knowledge of compensation/benefits best practices and regulations
Ability to anticipate business effects of proposed local and federal legislation
Knowledge of current market trends
Skilled in strategic planning
Skilled in data analysis
Licenses / Certifications
One or more certifications or demonstrated technical experience in compensation, benefits, HR leadership and/or consulting; CCP designation preferred
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