Vice President Total Rewards

Job Overview:

The Vice President of Total Rewards provides strategic and operational leadership for executive and broad-based compensation, benefits and recognition programs worldwide. The VP is the creative thought leader who brings contemporary ideas and innovative approaches with the capacity to drive enterprise-wide understanding and engagement in the global Total Rewards philosophy and programs.

The Vice President Total Rewards is a member of the People Leadership Team and operates at a strategic level in collaboration with senior executives and at a tactical execution-oriented level to ensure successful program implementation.

This Vice President leads all facets of total rewards including general compensation, executive compensation, international compensation, sales/incentive compensation, equity programs, US and international benefit design and management, vendor selection and management, and communication programs supporting 1,500 global employee base and growing.

Key Responsibilities:

• Establishes the global Total Rewards strategy in conjunction with the SVP, Chief People Officer.
• Partners across the People Team with functional leaders, People Business Partners and other key stakeholders to identify Total Rewards opportunities.
• Ensures that compensation and benefits programs are fair, motivating, aligned with performance and leveraged effectively to enhance the employee experience.
• Serves as a thought leader in the Total Rewards area, proposing contemporary design ideas and providing consultative guidance to executive business leaders.
• Directs the design, implementation and maintenance of a competitive base compensation structure and analyzes pay practices to ensure equity and fairness.
• Prepares materials for the CPO and Board Compensation Committee as the internal expert on executive compensation matters, staying apprised of relevant trends.
• Ensures incentive program designs are aligned with a pay-for-performance philosophy and administered flawlessly.
• Directs the development of training and communication programs to ensure the management team understands the organization's pay-for-performance philosophy and colleagues understand how they are compensated.
• Creates processes to ensure that annual compensation and benefits spending is within budget.
• Ensures benefit programs are contemporary in their design, attractive to and valued by colleagues, cost effective, communicated effectively and compliant with all applicable regulations.
• Drives the adoption of a global benefits philosophy that effectively balances key principles with local customs, talent market competitiveness and costs in local markets.
• Leads due diligence efforts related to compensation & benefits.
• Leads harmonization efforts of legacy and newly acquired company’s compensation and benefits programs.
• Develops and maintains effective resources and methods to evaluate and manage the Total Rewards strategy.
• Drives operational efficiency within Total Rewards, maximizing technology to ensure accuracy and efficiency.
• Ensures that Service Level Agreements are established for major processes and holds the team accountable to a high standard of delivery.
• Cultivates and nurtures a high performing, highly engaged team of Total Rewards professionals, developing talent and creating a reliable succession plan for the group.

Required Qualifications:

• At least 15 years of experience in Compensation and Benefits
• Executive compensation experience (Private Equity or Public)
• International compensation experience (eastern and western Europe, India, Asia)
• Progressive leadership and management experience in Total Rewards design.
• In-depth knowledge of the benefits marketplace including differences between insurers, marketplace trends, benchmarking and changes in the legislative framework affecting benefits.
• Current knowledge of related government rules and regulations, including, but not limited to ERISA, FLSA, FMLA, ADA, ADAA, COBRA, OSHA, HIPAA, Workers' Compensation, and other applicable Labor and/or Tax laws and regulations.
• Very strong Excel skills, including pivot tables and financial modeling.
• Outstanding technical, managerial, and team building skills with the ability to balance tactical and strategic responsibilities.
• Exceptional verbal and written presentation skills, including the ability to prepare and present materials for audiences at all levels of the organization.
• Superior analytical and problem-solving skills with proficiency in People systems and programs.
• Highly developed quantitative analysis skills with superior business acumen.
• Workday design/implementation experience is a plus.
• Bachelor's degree in Human Resources, Business Administration, Finance or similar relevant discipline.

Salary range for this position is 180K - 230K

We recognize that attracting the best talent is key to our strategy and success as a company. As a result, we aim for flexibility in structuring competitive compensation offers to ensure we are able to attract the best candidates. The quoted salary range represents our good faith estimate as to what our ideal candidates are likely to expect, and we tailor our offers within the range based on the selected candidate's experience, industry knowledge, location, technical and communication skills, and other factors that may prove relevant during the interview process.