Executive Job Description | DIRECTOR OF TOTAL REWARDS - New York City
PeopleAreKey, Inc. is recruiting candidates for a Director of Total Rewards position on behalf of a client organization in New York, NY.
This Director of Total Rewards position reports directly to the VP of Human Resources for this well-known organization and is responsible for the development and implementation of Total Rewards strategies and programs including all compensation and benefit plans, HRIS systems, as well as the integration of Rewards strategies with Employee Performance and Development processes to drive employee performance and organizational results.
The position is both strategic and hands-on. It serves as the sole dedicated Compensation resource, the main HRIS management interface to IT and Finance (Accounting, Payroll), and also has management accountability for a Benefits Manager and a Data Analyst who handle the day-to-day administration of these functions.
Major Responsibilities
Collaborate and participate in decision-making with all members of the HR team, as well as partner with resources in IT, Finance, and other departments to achieve objectives
Communicate effectively with senior management and all employees regarding compensation programs and benefits plans and related questions and issues
Serve as primary resource for designing and implementing Total Rewards strategies and programs that are aligned and integrated with business plans/needs to enhance employee attraction, retention, and performance
Drive culture change through effectively designed and implemented ‘pay for performance’ programs that are integrated with Employee Development initiatives and systems
Develop, implement and manage all compensation programs and processes, including corporate bonus/incentive programs and divisional sales incentive plans
Develop and administer salary surveys to analyze trends and external benchmarks and make appropriate recommendations regarding changes to be made to maintain competitiveness as well as internal equity
Serve as Chairperson of 401K review committee
Ensure quality management for health, welfare, and disability benefits plans, including analysis and modification of plans, program administration and compliance, cost effectiveness and service delivery
Manage negotiation meetings with benefit vendors and/or broker
Stay up-to-date on and ensure compliance with applicable government regulations
Provide leadership to direct reporting staff (Benefits Manager, Data Analyst)
Serve as primary interface to IT and Finance (Accounting, Payroll) to identify and resolve HRIS issues to ensure Oracle HR platform meets business and HR needs
Requirements
10+ years HR experience including at least three years of direct responsibility for Compensation programs involving salary and incentive plan design/revision/administration as well as related organizational communication that effectively supports the creation and maintenance of a ‘pay for performance’ culture and drives achievement of desired individual and business performance results
Strong knowledge of benefit plans
Experience utilizing HRIS software, and knowledge of payroll systems (Oracle HR platform experience preferred)
Exceptional communication skills including formal presentations
Effective collaboration and relationship building skills
Previous management responsibility for a small staff is preferred
Advanced Microsoft Excel and Word skills required; knowledge of database software preferred
Bachelor’s degree required, advanced degree and/or certifications preferred
For confidential consideration for this opportunity, candidates meeting these requirements are invited to apply by sending an email that specifies current annualized compensation (base salary and bonus target/award) as well as compensation received in 2007 and 2006, and includes a resume attached as a WORD file to: Opportunities@PeopleAreKey.com.
(Candidates from the NYC/Metro area will be given primary consideration for this position.)
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