Director of Total Rewards
We are looking for a Director of Total Rewards who embodies our culture and provides our team members with a world-class benefits and rewards experience by strategizing, supporting, and overseeing the allocation of team benefits, compensation, total reward, and equity programs. Successful candidates have experience managing comprehensive benefits and retirement programs for fast growth companies (open enrollment programming, annual go-to-market analysis, benefits vendor carrier feed management, and compliance reporting), impacting compensation benchmarking (pay bands, promotion criteria, geographies, and equity), and leading total rewards integration for Mergers & Acquisitions (M&A) across multiple countries. Major responsibilities include the ability to serve as a domain expert and trusted partner to the C-Suite, Talent & Culture leadership, and investors; develop a Total Rewards roadmap to propel Bounteous into its next phase of growth, scaling the Company’s compensation and benefits programs globally; recommend a comprehensive Total Rewards philosophy, vision, and strategy; and balance our bottom line and business objectives while helping us attract and retain the world’s best talent.
Role and Responsibilities
- Work with Talent & Culture and Finance & Operations leadership to develop and direct the Bounteous compensation, benefits, total reward, and equitable programming.
- Strive to be industry-leading and progressive in our total rewards programs, regularly monitoring external trends in order to proactively adjust our benefits and compensation strategies to stay competitive in the market and recommend revisions to lead best-in-class rewards.
- Establish and ensure key compensation and benefit program metrics to understand the effectiveness of our total reward strategy and positively impact fiscal goals.
- Direct benefits brokers during annual go-to-market analysis, recommend and negotiate pricing for competitive benefits options, roadmap open enrollment activities, develop a communication plan that includes key messages and stakeholder buy-in, and oversee the buildout of carrier feeds between benefits vendors and HRIS program, including open enrollment audits and tests to determine if carrier feeds and payroll records reflect team member selection and working with vendors and brokers to reconcile discrepancies.
- Manage 401(k) inquiries relating to enrollments, plan changes, contribution amounts, and annual catch-up contribution enrollment.
- Develop strategies to drive team member awareness and understanding of all compensation and benefit programs and provide company-wide training on annual benefits offerings.
- Lead out-of-cycle acquisitions integrations and due diligence, including overseeing HR data room, assessing the differences between the acquired company benefits and Bounteous benefits, developing a strategy and roadmap to communicate and address those differences, partnering with benefits’ brokers to hold mini-open enrollments, and training newly acquired team members on Bounteous benefits offerings.
- Provide oversight to ensure pristine benefits compliance, record-keeping, and annual benefits and government-mandated audits and censuses, including FLSA, EEOC, healthcare, retirement, etc. and training the Talent & Culture team on any government-mandated regulations, legislation, and benefits trends.
- Oversee benefits eligibility, life-status changes, retirement matches and loans, COBRA, carrier enrollment, and leave-of-absence requests and disability paperwork including medical, personal, disability, and FMLA, and effectively interpret FMLA and ADA implications as they relate to leaves of absences/disabilities.
- Partner with Finance & Operations and Talent & Culture leadership to evolve salary range structures, career ladders, and compensation initiatives, including bonus plans and promotion strategies.
- Contribute, oversee, and annually assess all policy related to total rewards.
- Manage and recommend improvements to HR and compensation management systems.
Preferred Qualifications
- Bachelor’s degree and Master’s and/or appropriate HR certifications.
- 5+ years of Total Rewards leadership expertise, including experience owning the compensation and benefits agenda for a fast-paced, rapidly-scaling, globally-dispersed company.
- Proven credentials as an organizational leader with deep business acumen, including expertise collaborating with an international team of business partners, external vendors, and consultants.
- A track record of developing and executing highly effective, transparent, and efficient talent management processes, tools, metrics, and practices.
- World-class presentation abilities, written communication skills, and verbal communication skills, and the ability to train teams, manage change, and report on performance.
- Ability to create and lead the communication and education of the Total Rewards programs throughout all levels of the organization, including the design and implementation of tools to improve understanding and value of programs.
- Demonstrated leadership prioritizing key objectives in a technical, fast-moving environment while managing daily tactical requirements relevant to attracting, motivating, and retaining employees.
- Experience with global M&A due diligence and integration.
- Analytical capability and comfortable preparing and presenting budgets and quarterly forecasts.
- Assertive conflict-resolution and problem-solving skills and ability to think creatively and work collaboratively to develop and maturate solutions.
- Ability to build employee-centric rewards programs while balancing business goals and financial boundaries, as well as dashboard, report, and influence decision-making based on key performance metrics
- Familiarity with digital marketing and/or creative agency experience a plus.
- Canada, LATAM, EMEA, and/or APAC experience a plus.
- Experience implementing and managing HRIS and compensation management systems; Namely and Simply Merit experience a plus.
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Research shows that women and other underrepresented groups apply only if they meet 100% of the criteria of a job posting. If you have passion and intelligence, and possess a technical knack (even if you’re missing some of the above), we encourage you to apply.
Bounteous is focused on promoting an inclusive environment and is proud to be an equal opportunity employer. We celebrate the different viewpoints and experiences our diverse group of team members bring to Bounteous. Bounteous does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, national origin, veteran status, or any other status protected under federal, state, or local law.
Bounteous is willing to sponsor eligible candidates for employment visas.