Vice President, Total Rewards
United States, Remote
It's fun to work in a company where people truly BELIEVE in what they're doing!
Job Description Summary:
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 3,000 global employee base and growing.
Essential Duties and 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 …
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Extensive paid time off Extensive paid time off programs Global exposure Healthcare coverage Healthcare coverage options Leadership and skills training Leadership and skills training opportunities Life and disability coverage Retirement savings Two paid work days for off-site training
SkillsBenefits management Business Acumen Communication Compensation Design Development Excel Financial modeling Problem-solving Sales Vendor Management
Experience15 years
EducationBachelor's Bachelor's degree Business
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9