Head of Total Rewards
7 days ago
Key Responsibilities:
Compensation Management
- Design and oversee the companys compensation structure, including salary frameworks, incentive plans, and annual merit cycles.
- Conduct market benchmarking and compensation analysis to ensure competitiveness within the retail industry.
- Provide guidance on job evaluations, salary offers, and compensation adjustments.
Benefits Administration
- Lead the development and management of comprehensive benefits programs (e.g., health, wellness, retirement, insurance).
- Evaluate and negotiate with benefits providers to ensure cost-effective and employee-centered programs.
- Monitor benefits utilization and trends; recommend enhancements as needed.
Rewards Strategy & Execution
- Design and implement rewards and recognition programs that support employee engagement and retention.
- Align total rewards strategies with organizational goals, business cycles, and retail market dynamics.
- Partner with HR Business Partners and leadership to address specific business unit needs.
Compliance & Governance
- Ensure compliance with all local labor laws and regulatory requirements related to compensation and benefits.
- Maintain up-to-date documentation of total rewards policies and procedures.
Analytics & Reporting
- Provide regular reports and insights to leadership on compensation trends, workforce cost analysis, and program effectiveness.
- Analyze the impact of total rewards programs on employee satisfaction and organizational performance.
Qualifications:
- Bachelors degree in Human Resources, Business Administration, or related field; Masters degree or HR certifications (e.g., CCP, GRP) preferred.
- Minimum of 10 years of experience in total rewards, with at least 7 years in a managerial capacity.
- Strong background in the retail industry, with a deep understanding of its compensation practices and workforce dynamics.
- Proven expertise in compensation design, job evaluation, and benefits management.
- Excellent analytical, problem-solving, and project management skills.
- Strong interpersonal and communication skills, with the ability to influence and partner with senior leadership.
Job Types: Full-time, Permanent
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