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Director of Total Rewards

3 months ago

Bradenton, United States MCR HEALTH INC Full time
POSITION SUMMARY:

The Director of Total Rewards is a key leadership role within the Human Resources (HR) department, responsible for designing, implementing, and managing the compensation and benefits programs at MCR Health. This position plays a critical role in attracting, retaining, and motivating employees by ensuring that the total rewards package is competitive, aligned with organizational objectives, and compliant with relevant laws and regulations.

JOB ESSENTIAL DUTIES:
  • Develop and implement compensation strategies that support the organization's business goals and objectives
  • Oversee performance management, compensation and benefits, and employee engagement
  • Conduct market research and analysis to ensure that the organization's compensation practices are competitive and equitable
  • Design and administer salary structures, incentive plans, and other compensation programs
  • Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks
  • Evaluate benefit offerings to ensure they meet the needs of employees and remain competitive in the marketplace
  • Manage relationships with benefit providers and vendors
  • Develop and administer executive compensation programs, including salary, bonuses, equity awards, and other incentives
  • Ensure that executive compensation practices align with corporate governance principles and regulatory requirements
  • Provide guidance and support to senior leadership on executive compensation matters
  • Collaborate with HR colleagues to integrate compensation and performance management systems.
  • Monitor and evaluate the effectiveness of incentive programs and recommend adjustments as needed.
  • Ensure that compensation and benefits programs comply with relevant laws, regulations, and industry standards
  • Stay informed about changes in legislation and regulatory requirements related to compensation and benefits
  • Work closely with legal counsel to address compensation and benefits compliance issues and mitigate risks
  • Provide education and guidance to employees on how to maximize their total rewards package
  • Address employee questions, concerns, and issues related to compensation and benefits
  • Utilize data analytics to assess the effectiveness of compensation and benefits programs
  • Analyze compensation and benefits data to identify trends, areas for improvement, and opportunities for cost savings
  • Prepare regular reports and presentations for senior leadership
REQUIREMENTS & PREFERENCES:
  • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field preferred (Master's degree preferred)
  • 8+ years of progressive experience in compensation and benefits, with at least 3 years in a leadership role required
  • Experience designing and administering benefits programs, including health insurance, retirement plans, and wellness initiatives
  • Strong knowledge of compensation principles, practices, and trends
  • Familiarity with executive compensation principles and governance practices
  • Excellent analytical skills, with the ability to interpret data and make data-driven recommendations
  • Strong communication, interpersonal, and presentation skills
  • Knowledge of relevant laws, regulations, and compliance requirements related to compensation and benefit
  • Certification such as Certified Compensation Professional (CCP) or Certified Employee Benefits Specialist (CEBS) is a plus
  • Microsoft Office Products - Word, Excel, Outlook, PowerPoint proficiency preferred
  • Supports the goals and mission of MCR Health Services
  • Adheres to the safety policy of MCR Health Services
  • Performs other duties as assigned