Director of Benefits

DIRECTOR OF BENEFITS

Reporting to the VP, Total Rewards, the Director, Benefits will partner closely with internal and external partners to deliver comprehensive analyses of progressive, market-competitive, and business-aligned strategies to support associates’ overall well-being, attract, retain, and motivate outstanding talent, and contribute to the organization’s inclusive and diverse culture. You will drive and influence the development and execution of Family Dollar’s benefits strategy as a recognized leading expert and internal thought leader on all elements of benefits, including healthcare, life, disability, leave programs, 401(k) and Roth, and other voluntary benefits.

The ideal candidate will possess strong analytical and project-planning skills that complement a long-term vision of the company’s benefits objectives. They will provide insightful guidance to the Benefits team and make substantial contributions that will improve efficiencies and deliverables across the organization, improving associates' understanding and engagement with the benefits program offered to them.

RESPONSIBILITIES :

• Using your deep industry knowledge and analytical skills, you will develop initiatives and strategies steeped in market best practices to align the benefits program with the company’s philosophy and business objectives to enhance the employee value proposition and experience continually.
• Build consultative and collaborative relationships with VP Total Rewards, CHRO, HR partners, Finance, and senior business leaders.
• Lead the development and implementation of effective and ongoing communications designed to drive awareness, understanding, engagement, and behavioral change related to the health, wellness, and retirement benefits programs.
• Oversee the ongoing development and promotion of a well-being strategy, including tools to help associates achieve their personal physical, mental, and financial wellness objectives.
• Establish and maintain long-term networking relationships with vendors, consulting partners, and centers of influence through active involvement and participation in business, community, and committee review meetings and other related activities.
• Track and analyze current and developing legislation and regulations affecting benefit practices to determine impact on the company and assist in developing the company's response to ensure ongoing compliance with industry regulations.
• Achieve financial objectives by preparing the benefits and department operational budgets and forecasts, tracking expenditures, analyzing variances and reconciliations, partnering with Finance, and initiating corrective actions as needed.
• Provide oversight of the administration of Family Dollar’s benefit plans, implementing changes to deliver impactful results and ensuring goals are achieved, including the preparation and execution of annual and monthly enrollments, including testing the enrollment system, reviewing and updating communications plans, and tracking completion.
• Ability to address employee issues and escalations with care, sensitivity, and discretion.

EXPERIENCE REQUIRED