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Director, Compensation and Benefits
1 month ago
At Build-A-Bear we believe in the power of imagination, creativity, and memorable experiences. Our mission is to add a little more heart to life by creating unique experiences, lasting connections, and beloved memories that create lasting emotional connections. We are a multi-channel, site-based experience and entertainment company, with diversified categories and consumer segments. We are seeking a highly experienced and strategic Director, Compensation and Benefits to join our dynamic team.
The Director, Compensation and Benefits plays a pivotal role in shaping the overall employee experience, supporting talent management strategies, and contributing to the company's competitiveness in the marketplace. The strategic impact extends beyond traditional benefits to encompass the holistic well-being and engagement of the workforce.
Responsibilities:
- Develop and execute a compensations and benefits strategy that is aligned with business objectives
- Identify trends and mitigate medical benefits cost inflation while maintaining quality
- Oversee the design and implementation of salary structures and STI/LTI incentive plans
- Manage annual compensation processes, including salary reviews, bonus distributions, and equity grants
- Ensure compliance with all federal, state, and local compensation laws and regulations
- Create effective associate communication strategies and materials
- Utilize data analytics to assess the effectiveness of current programs and propose ideas for improvement
- Manage vendor relationships to optimize quality and cost competitiveness
- Collaborate with HR to enhance the overall associate experience
- Provide hands-on leadership, guidance, and development to the team
- Manage the Company scholarship program
- Oversee the 401(k) retirement savings plan and leave management programs
- Deliver presentations to senior executives and the Board as needed
Required Qualifications:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field
- A minimum of 7+ years of benefits administration experience
- 1 year in a people leadership role
- In depth knowledge of employee benefits regulations, trends, and best practices
- Proficient in HRIS implementation and continuous improvement
- Proficient in Microsoft Excel
Preferred Qualifications:
- Professional certifications such as SPHR, SHRM-SCP, CEBS or similar credentials
- MBA or Master's Degree in HR or related field
- Experience in delivering services across multiple countries.
Behavioral Traits for Success:
- The ability to deal with abstract concepts, systems, and ideas
- Organized self-disciplined approach to producing timely results that are high quality and accurate
- An analytical, inquiring, and critical mind that solves complex problems
- Can consider all possibly related facts and potential issues
- Intellectual confidence
- Able to weigh all decisions carefully and thoroughly, based on expertise in order to avoid risk
Working Environment:
- Typical office environment with climate control and sufficient lighting, ergonomic desk/chairs
- Flexible work environment, based at the Corporate Office located in downtown St. Louis, MO
- Domestic travel up to 5%
Your Performance Will be Measured On:
Your ability to achieve annual department objectives and corporate goals which include but are not limited to the following:
- Decision-making judgment and execution
- Ability to foster team collaboration, communication, and performance
- Alignment of benefits with overall people strategy
- Quality of program administration
- Data accuracy and reporting
- Cost control and budget adherence
- Engagement Survey Results
- Quality presentations that are engaging and offer actionable insight Return on Investment (ROI)
- Stakeholder feedback