The Leader, Total Rewards role serves as subject matter expert on compensation & benefit programs and paying for performance.
This expert will play a lead role in developing best in class compensation & benefit programs, benchmarking competitive and providing critical analytics.
This role will also administer compensation & benefit programs, analytics, reporting, policies, and procedures.
HOW YOU ADD VALUE:
- Lead the evaluation and development of compensation structures for the various portfolio companies. In partnership with People & Culture team and Business Leaders assist with the design analysis on new compensation & benefit programs
- Conduct annual Benchmarking job matching and survey submissions
- Lead the year-end compensation pay and bonus planning process
- Assist with the onboarding of new portfolio companies by analyzing their current compensation structure and aligning it with our pay for performance philosophy
- Evaluates and analyzes salary data, determines pay grades, and conducts or participates in compensation surveys
- Implement and maintain competitive salary ranges
- Responsible for maintenance of the compensation planning tool
- Conducts reporting and analysis on compensation practices to identify and strategize gaps and/or future needs
- Partner with the People & Culture Business Partner and Talent Attraction to identify compensation mix for new roles. Ensures the compensation program enhances the organization's ability to recruit and retain employees through market pay analysis
- Conduct job evaluations and recommend compensation mix in line with the company's pay philosophy
- Maintain job description database, job family, and job title schemes
- Assist in identifying new HR needs and the software products to fulfill these needs
WHAT YOU BRING TO THE ROLE:
Required:
- Master's degree from Tier 1 Institute in Human Resources, Business, or related field
- Minimum 12-15 years experience in compensation experience, including experience in short-term incentive and long-term incentive pay
- Advanced analytical and problem-solving skills
- Advanced Excel skills
- Extensive knowledge of applicable state and federal employment and labor laws in relation to pay practices
- Strong interpersonal skills and the ability to build relationships with stakeholders, including team members, management, external parties
- Must be discrete and maintain the highest confidentiality with extremely sensitive data
- Candidate should have knowledge of commonly used concepts, practices, and procedures within Human Resources including compliance and regulatory requirements
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