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Director, Total Rewards

4 months ago

Houston, United States Empower Pharmacy Full time

Company Overview

Empower is a visionary healthcare company committed to providing quality, affordable medication to millions of patients across the nation. We hold the distinguished position of being the largest 503A compounding pharmacy and FDA-registered 503B outsourcing facility in the country serving the functional medicine markets. What sets us apart is our relentless focus on three core values: People, Quality and Service. Our dedicated team of professionals collaboratively works to break new ground in the fields of manufacturing, distribution and quality control, providing a uniquely integrated approach to healthcare. Leveraging our vertical integration of the pharmaceutical supply chain, state-of-the-art technology, and a commitment to excellence, we are constantly pushing the boundaries of what is possible in medication accessibility and affordability. You're not just starting a job; you're joining a mission. We believe in empowering our team to innovate, grow, and drive real change in the healthcare industry. If you're a forward-thinker who thrives in a fast-paced, transformative environment, Empower is the place for you. Here, you’ll be encouraged to share your ideas, expand your skill set, and contribute to projects that genuinely make a difference. We prioritize the well-being of our team members, and we offer a supportive and engaging workplace where your contributions are not just recognized but celebrated. Let’s revolutionize healthcare, together. Join us and be a part of something extraordinary.

Position Summary

Empower is in pursuit of a dynamic Director of Total Rewards, a role that extends far beyond traditional compensation and benefits management. This position is about innovation, leadership, and strategic vision in creating a total rewards philosophy that resonates with Empower's mission to deliver quality, affordable medication. The Director will lead the charge in architecting and implementing

cutting-edge

rewards strategies that attract,

retain

, and inspire our team.

You'll

ensure

that our rewards reflect the diversity and dynamism of our workforce, aligning closely with Empower's strategic

objectives

. This role is a call to those who aspire to make a tangible impact, fostering an environment where excellence is recognized, well-being is prioritized, and every team member feels valued for their unique contribution to our shared vision.

Duties and Responsibilities

Develop

s

and execute

s

a comprehensive total rewards strategy aligned with the organization's business goals and

objectives

. Oversee

s

the design, implementation, and administration of competitive compensation programs, including base pay, incentives, and equity compensation. Lead

s

the evaluation,

selection

, and administration of employee benefits programs including health insurance, retirement plans, wellness programs, and other fringe benefits

ensuring they are cost-effective, compliant, and meet the diverse needs of our workforce. Stay

s

informed

of

industry trends and regulatory changes to ensure compliance with relevant laws and regulations. Partner

s

with senior leadership and the Board of Directors to design and manage executive compensation programs

including salary, bonuses, and stock options ensuring

c

ompetitiveness and alignment with company

performance and shareholder interests. Develop

s

and implement

s

employee recognition and well-being initiatives to promote a culture of appreciation, work-life balance, and employee satisfaction. Conduct

s

market research, data analysis, and benchmarking to ensure our total rewards programs

remain

competitive and drive employee engagement and retention. Ensure

s

compliance with relevant laws, regulations, and corporate governance requirements related to compensation and benefits programs. Partner

s

with HR and Communication teams to develop effective communication strategies and educational materials to help employees understand and maximize the value of their total rewards package. Fosters a culture that promotes innovation, collaboration, and professional growth

that

align

s

with Empower's values. Conduct

s

performance evaluations, offer

s

constructive feedback, and contribute

s

to

direct reports

development, focusing on excellence and innovation. Partners with department leadership in the hiring process including interviewing, training, and onboarding new employees. Manage

s

relationships with external vendors, such as benefits providers and compensation consultants, and negotiate contracts and ensure that vendors deliver quality services. Collaborate

s

with other HR functions, finance, and senior leadership to align total rewards strategies with overall business goals. Regularly review

s

and update

s

total rewards programs to ensure they

remain

competitive and meet the evolving needs of the organization and its workforce. Performs o

ther duties as assigned

. To perform this job successfully, an individual must be able to perform each essential function satisfactorily.The requirements listed above are representative of the knowledge, skill, and/or ability

required

.Reasonable

accommodations

may

be made

to enable qualified individuals with disabilities to perform the essential functions. While performing the duties of the job, the employee is

required

on a daily basis

to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the

work day

; and

frequently

access, input, and retrieve information from the computer and other office productivity devices.The employee

is regularly required

to

move about the office and around the corporate campus.

The employee

is regularly required

to

stand,

walk,

and

reach with arms and hands

.

Knowledge and Skills

Strong understanding of compensation principles, practices, and trends, with experience in job evaluation, salary benchmarking, and incentive plan design. Knowledge of employee benefits programs, including health and welfare plans, retirement plans, and voluntary benefits. In-depth

understanding of relevant employment laws and regulations related to compensation and benefits. Key Competencies Customer Focus: Ability to build strong customer relationships and deliver customer centric solutions. Optimizes Work Processes: Know the most effective and efficient processes to get things done, with a focus on continuous improvement. Collaborates: Builds partnerships and works collaboratively with others to meet shared

objectives

. Resourcefulness: Secures and deploys resources effectively and efficiently. Manages Complexity: Makes sense of complex, high quality, and sometimes contradictory information to effectively solve problems. Ensures Accountability: Holds self and other accountable to meet commitment. Situational Adaptability: Adapts approach and demeanor in real time to match shifting demands of different situations. Communicates Effectively: Develops and delivers multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Experience and Qualifications

Bachelor's degree in Human Resources

, Business Administration, Finance, or related field;

Master's

degree preferred. Minimum of

10

years of progressive experience in total rewards management, including compensation, benefits, and executive compensation. Minimum of

2

years

in a

leadership role directing

, developing, and

evaluating the performance of direct reports. Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) designation preferred. E

xperience

in pharmaceutical

or

healthcare

industry preferred

. Experience in designing and managing executive compensation programs, including stock-based incentives and deferred compensation.

Employee Benefits, Health, and Wellness

No-Cost Medication : Get your prescribed compounded medications at no cost, ensuring your health without the financial burden. Onsite Health & Wellness – IV Therapy Drips:

Rejuvenate with complimentary onsite IV Therapy drips, enhancing your well-being and energy levels. Comprehensive Medical, Dental, and Vision Options:

Choose from three medical plans tailored to your needs, plus options for dental and vision coverage for you and your family. Telehealth visits:

Access board-certified Doctors anytime, anywhere for you and your family. Paid & Volunteer Time Off:

Enjoy paid time off for personal pursuits and contribute to causes you care about with volunteer time off. Paid Holidays (8 scheduled; 2 floating):

Celebrate with eight scheduled holidays and two floating holidays, giving you flexibility and time for personal traditions. Life & AD&D Coverage:

Secure your and your family's financial future with life and accidental death and dismemberment (AD&D) insurance. FSA (Flexible Spending Account):

Manage healthcare expenses smartly with pre-tax dollars in a Flexible Spending Account (FSA). 401K Dollar-for-Dollar Up to 4%:

Invest in your future with our 401K plan, featuring a dollar-for-dollar match up to 4%. Company Paid Long-Term Disability:

Provided at no cost, which replaces 60% of your income if you become disabled for a long period of time. Flexible Schedules:

Balance work and life seamlessly with our flexible scheduling options. Rewards & Recognition Program:

Your hard work doesn't go unnoticed – enjoy rewards and recognition beyond your paycheck. Additional Voluntary Benefits Accident Insurance:

Pays a lump sum benefit to help cover expenses following an accidental injury. Hospital Indemnity Insurance:

Enhance your peace of mind with supplemental hospital insurance for unexpected stays. Critical Illness:

Protect your finances from the expenses of a serious health issue. Short-Term Disability:

Protect your income during illness or injury with short-term disability coverage. Supplemental Life & AD&D:

Add an extra layer of financial protection for you and your loved ones with supplemental life and AD&D coverage. Legal Services:

Access professional legal assistance to address concerns confidently. Identity Theft Protection:

Safeguard your identity and finances with our identity theft protection benefit. Pet Insurance:

Care for your furry family members with our pet insurance coverage. Employee Assistance Program:

Confidential counseling and support services for a holistic approach to your well-being.

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