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Chief of Compensation and Benefits Strategy

2 months ago

Indianapolis, Indiana, United States Indygo Full time
Job Overview

Position Title: Director of Compensation and Benefits

Safety Sensitive: No

Supervisor's Title: Chief People Officer

FLSA Status: Exempt

Department: Department of People

Division: Human Resource

*Salary Range: $100,000 - $110,000 annually, based on qualifications and experience.

Work Arrangement: Onsite, no remote option available.

About Us

IndyGo is a Municipal Corporation serving Indianapolis – Marion County, recognized as the leading public transportation provider in Indiana. We manage 32 transit routes across the county, facilitating nearly 10 million passenger trips annually. Our commitment lies in enhancing mobility options to align with our mission, vision, and objectives.

Our Mission

Mobility is a vital aspect of any thriving city, akin to essential services like electricity and clean water. It propels urban development, creating opportunities and fostering community. At IndyGo, we believe in more than just transporting riders; we aim to connect individuals with their aspirations, education, careers, and loved ones, ensuring a better quality of life in Indianapolis and beyond.

Core Values

As the largest transit authority in the region, we prioritize transparency, trust, and professionalism. Our mission focuses on linking our community to economic and cultural opportunities through safe, reliable, and accessible mobility experiences.

  • Accountability: We commit to responsible resource utilization with integrity.
  • Diversity: We value and embrace all individuals.
  • Safety: We maintain secure environments.
  • Excellence: We pursue quality in all endeavors.
  • Teamwork: We foster effective communication and collaboration.
  • Respect: We treat everyone with dignity.
Benefits Offered
  • Full-time roles with guaranteed 40 hours/week.
  • Comprehensive medical, dental, and vision coverage (effective the 1st of the month, 30 days post-start date).
  • Access to a free on-site wellness clinic for employees and their families.
  • Retirement plans (401A and 457B).
  • Tuition reimbursement opportunities.
  • Complimentary IndyGo transportation for employees and their families.
  • Eligibility for the Federal Loan Forgiveness Program.
Position Purpose

The Director of Compensation and Benefits is responsible for the strategic planning, development, design, and execution of all compensation, benefits, and total rewards programs, as well as HRIS/HR systems platforms. This role will play a key part in establishing the total rewards strategy, ensuring alignment with business objectives and compliance with legal and regulatory standards.

Key Responsibilities

To excel in this position, the individual must effectively carry out the following functions:

  • Lead the strategic direction and implementation of compensation programs, benefits, wellness initiatives, HRIS, and data analytics.
  • Collaborate with senior leaders, hiring managers, and HR Business Partners to translate business strategies into impactful Total Rewards strategies.
  • Assess existing and new plans for market competitiveness, regulatory compliance, and cost-effectiveness.
  • Set the strategic direction for total rewards, including vendor relationships and service satisfaction.
  • Guide executive compensation initiatives in partnership with external consultants as required.
  • Oversee leave administration and enhance the associate experience regarding these programs.
  • Demonstrate leadership in developing total rewards methodologies and policies.
  • Ensure all compensation and benefits programs are competitive and aligned with strategic goals.
  • Manage the HRIS system's strategic direction.
  • Guarantee effective communication and implementation of compensation and benefits initiatives.
  • Lead change management efforts associated with program modifications.
  • Establish reporting and analytics for compensation data analysis.
  • Serve as the primary authority on policies related to benefits and compensation.
  • Continuously assess and improve reward programs for alignment with overall strategy.
  • Chair the retirement planning investment committee.
  • Promote a culture of continuous improvement in HR operations.
  • Collaborate with the Chief People Officer on managing the HR budget.
  • Innovate and challenge conventional processes to enhance HR outcomes.
  • Work with HR and stakeholders to provide solutions through HR platforms.
  • Enhance HR system capabilities and processes for optimal investment utilization.
  • Oversee HR metrics and analytics, providing insights into trends and action plans.
Qualifications

The following qualifications are essential for this role:

  • 10 years of experience in compensation and benefits, with 5 years in a leadership role.
  • Experience managing benefits and total rewards programs, including executive compensation.
  • Proven experience with HR technology platforms.
  • Strong strategic thinking and problem-solving skills with attention to detail.
  • Able to thrive in a dynamic, deadline-oriented environment.
  • Excellent relationship-building and collaboration skills.
  • Exceptional analytical skills, utilizing data for informed decision-making.
  • Proficient in Microsoft Office, particularly Excel.
Physical Demands

The physical requirements for this role include:

  • Ability to work in a fast-paced office environment.
  • Ability to remain stationary for extended periods.
  • Some local travel may be necessary.
Education and Experience

A successful candidate will possess:

  • A Bachelor's degree with 10 years of experience in Benefits Administration, or a Master's degree in Human Resources Management with 5 years of relevant experience.

IndyGo is an Equal Opportunity Employer