Head of Total Rewards

Our client, a Global Financial Services firm, is looking for their new Global Head of Total Rewards to join their organization.

Onsite 4 days per week in New York, NY or Fairfield County, CT

About the Role

Company is seeking a high-performing global benefits and compensation expert to lead, develop, and expand our compensation and benefits philosophy to support our rapidly growing organization.

This position will collaborate closely with the Human Resources and Finance teams to drive innovative solutions and execute a compelling total rewards strategy.

Reporting to the Chief People Officer, this individual will work with a talented team of HR professionals who are making an impact at Company.

We are looking for someone passionate about plan design, implementation, management, and ongoing evaluation of our compensation and benefits programs.

This individual will gather ideas and suggestions from employees, review relevant benchmarks and the competitive landscape, and then make balanced decisions on implementation.

The ideal candidate will be both strategic and hands-on in managing all aspects of compensation and benefits (health, wellness, retirement, and leave programs) and have a deep understanding of market trends, regulatory requirements, and best practices.

This person will use an innovative approach to ensure our offerings are competitive, drive business results, and enhance our culture.

They will conduct regular compensation analyses to determine market competitiveness and internal equity and manage a team of individuals across compensation and total rewards.

Responsibilities

• Lead and mentor the Total Rewards team, fostering a collaborative and high-performing culture.
• Own the compensation and benefits programs for all countries where Company has employees.
• Lead global benchmarking, data analysis, program development, and operational and administrative processes for broad-based compensation, medical, dental, disability, and other health and welfare benefits offerings.
• Implement the compensation function including base salary and incentive compensation, sales compensation, equity administration, market data survey selection, and participation.
• Lead the annual year-end compensation process including the implementation and continuous administration of the company’s compensation system, providing support to the business and HR throughout the process.
• Provide information, analysis, and implementation support for all M&A transactions from diligence through integration.
• Manage and update all policy and procedure handbooks globally.
• Manage the Global Mobility program.
• Assist the HR team in the market evaluation of jobs and review of jobs from a legal, compliance, and FLSA perspective.
• Partner with external benefits administrators to stay abreast of the market. Make recommendations to supplement and update offerings and policies to stay competitive and provide services aligned with employee needs.
• Establish new compensation and benefits programs in new countries Company expands into.
• Manage and maintain benefit programs such as retirement plans, leave policies, wellness programs, and insurance policies.
• Oversee annual open enrollment and develop and implement enrollment campaigns and initiatives.
• Manage FMLA, family leave, and other leave policies to ensure leaves are documented, communicated, and administered consistently with company policies and with compassion and empathy.
• Utilize EAP, mental health, and other behavioral programs as part of overall employee wellness.
• Ensure compliance with relevant laws pertaining to compensation and benefits, in partnership with HR, Legal, and outside counsel.

Ensure all benefit program documentation and notices are updated and distributed.

Qualifications

• Minimum 15+ years of experience in similar roles focusing on compensation, benefits, and wellness programs; team management and international experience is required.
• In-depth knowledge of benefits programs (health, wellness, and retirement plans), leave policies, and related benefits law (i.

e., FSA / HSA programs, COBRA, FMLA).

• Experience building compensation packages and bonus programs for various departments and levels in a rapidly changing organization.
• Strong understanding of external marketplace dynamics influencing business and staying abreast of trends and changes in the regulatory environment.
• Intermediate or advanced experience using Microsoft Office, with a priority on Excel skills, and proficiency in HRIS, compensation, benefits, payroll, and 401k systems.
• Experience with end-to-end management and reporting of employee data and ensuring data integrity across HRIS systems and manual spreadsheets.
• Ability to understand and apply effective change-management principles, including leadership and management of change programs and methodologies needed to drive large-scale change processes.
• Experience working for a global company, as well as a growth organization demonstrating adaptability and change management skills.
• Experience with vendor selection, RFPs, and implementations.
• Strong communication skills, both verbal and written.
8 days ago