Businessolver

USA

Posted on: 23 May 2024

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Head of Total Rewards

Since 1998, Businessolver has delivered market-changing benefits technology and services supported by an intrinsic responsiveness to client needs. The company creates client programs that maximize benefits program investment, minimize risk exposure, and engage employees with easy-to-use solutions and communication tools to assist them in making wise and cost-efficient benefits selections. Founded by HR professionals, Businessolver's unwavering service-oriented culture and secure SaaS platform provide measurable success in its mission to provide complete client delight.

As the Head of Total Rewards, you are responsible for the planning, design, implementation and administration of a comprehensive total rewards strategy and program for the Company. This position will research and bring in-depth understanding of external best-practices and innovative trends and apply them to Total Rewards programs and technologies.

Responsibilities

Lead the research and analysis to assess the competitiveness and economic nature of company's Total Rewards programs. Translate findings into a comprehensive rewards strategy.
Partner closely with the Executive Team to shape and define company-wide Total Rewards philosophy.
Architect, implement and administer a best-in-class Total Rewards practice that supports a comprehensive rewards strategy.
Partner with HR and leadership on appropriate total reward packages to recruit and retain talent.
Lead team through regular benchmarking cycles to analyze and strategically assess the effectiveness of current and new programs in achieving organizational objectives; identify best practices and benchmarks developing recommendations for modifications to create and align market competitive Total Rewards programs to Employee Engagement strategy and business goals.
Determine and implement metrics that assess and monitor the effectiveness of ongoing Total Rewards programs and new initiatives.
Act as trusted champion for employee retention, specifically ensuring compelling total rewards' solutions for key employees.
Drive annual milestone review process and benchmarking strategies. Support all compensation planning processes in collaboration with all areas of Employee Engagement.
Effectively plan and direct the implementation and administration of all benefit plans including annual open enrollment efforts. Develop and coordinate communications strategies and activities designed to educate and inform employees about total rewards.
Lead the performance management and rewards and recognition programs for the company.
Prepare annual budget and manage expenditures for Total Rewards programs.
Support the development and integration of new and/or existing rewards programs, policies, and procedures to ensure that programs are market competitive, internally equitable, and cost effective.
Direct the execution of the semi-monthly payroll process in compliance with federal/state/local regulations.
Partner with and actively communicate with all areas of the business to review cross-departmental impacts and reconcile data sharing.

Requirements:

10+ years' experience in Human Resources, with 6+ in total rewards including compensation and benefits.
Proven experience creating and managing innovative, compelling compensation and total rewards programs in a fast-paced environment; skilled at interpreting business needs and making decisions based on emerging priorities.
Strong analytical skills with the ability to translate data and trends into key insights and recommendations; financial prowess and ability to build and manage budgets, build predictive and projective models, full understanding of equity practices, accounting, and taxation, etc.
Proven ability to track, prioritize and drive to success multiple concurrent projects, with strong operational background.
Demonstrated ability to lead and influence across multiple levels of an organization on key compensation and benefits topics; excels at openness and flexibility with internal clients, balanced with maintaining consistency in total rewards philosophies and practices.
Excellent people skills, including written and verbal communication skills.
Highest level of integrity and management of confidential information.
Ability and desire to work strategically as well as hands-on.

The pay range for this position will be commensurate with the candidate's level of experience.

The Businessolver Way…

Our team has spent two decades crafting a culture that challenges each employee to perform at the top of their game – and have fun doing it! If you desire to use your skills and experience in an environment where you can make a difference, we want to hear from you!

Businessolver is committed to maintaining an environment that protects client data. We train our employees to maintain leading class security practices and expect all employees to adhere to policy, procedures and controls.

(Applicable to all roles at an AVP, DIR, VP or SVP and above level):

Serve as a security contact for the business unit. Responsible for driving adoption and compliance with information security and privacy practices. Serve as a liaison with the information security team on security and privacy matters.

Equal Opportunity at Businessolver:

Businessolver is an Affirmative Action and Equal Opportunity Employer and is proud to offer equal employment opportunity to everyone regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, veteran status, and more. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.