Senior Director of Global Total Rewards
Senior Director of Global Total Rewards
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Job Description
Comfort starts with our 10000 team members across the globe who are transforming the power of comfort every day. Our employees have the power to change lives in our homes work and communities. We foster an inclusive environment while honoring a legacy built on family where everyone can be themselves.
If you are ready to join an industry leading organization where our people are the most important asset and innovation propels us into the future youre ready to take your seat at LaZBoy Incorporated.
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT
Job Summary:
Job Description:
KEY RESPONSIBILITIES (other duties as assigned):
- Partners with the executive team and HR leaders to assess organizational needs and deliver relevant competitive and effective global Total Rewards programs across the enterprise.
- Leads the development of the companys compensation philosophy strategy and infrastructure including the creation of new compensation plans and the periodic review and update of existing plans to align with evolving organizational goals regulatory compliance and salary structures for all employee levels.
- Directs the design implementation and management of enterprisewide benefits strategies and programs including health and welfare retirement and executive benefits. Provides recommendations and develops proposals for new or enhanced programs based on organizational objectives strategy and regulatory requirements.
- Oversees the administration of various incentive plans executive stock options deferred compensation plans retirement benefits and other executive compensation programs. Evaluates the effectiveness of these programs to ensure they are financially sustainable internally equitable and externally competitive.
- Leads the preparation and presentation of materials for Compensation Committee meetings with the Board of Directors. This includes preparing the Compensation Discussion and Analysis Executive Compensation Summary proxy tables executive incentive plan updates and compensation risk assessments.
- Prepares recommendations for the Compensation Committee regarding incentive compensation plans equitybased programs and adjustments to the companys benefit offerings. Maintains ongoing communication with external consultants and coordinates the preparation and delivery of their materials.
- Analyzes market data to assess the companys competitive compensation position and stays informed of compensation trends to ensure our programs remain equitable and competitive. Manages projects such as survey participation compensation integration for mergers and acquisitions and compliance with new or changing regulations.
- Manages communication with business units on the creation implementation and rollout of programs impacting those units including benefit plan open enrollments plan updates and project status reports.
SCOPE & IMPACT:
This position is directly responsible for the total rewards programs impacting nearly 10000 employees across the organization as well as budget responsibility for annual healthcare spend $40M). This position must work with executive leadership to develop programs that support the corporate strategy and directly impacts the business throughout the company in its ability to recruit develop and retain top talent which is critical to the success of the business.
MINIMUM REQUIREMENTS:
- Bachelors degree in Business Finance or Human Resources or related field with 10 years of relevant total rewards experience or equivalent
- Eight 8 years of Supervisor/Leadership experience
- Experience with board of director interaction and Compensation Committee partnership
- Experience with implementation and Human Capital Management systems and other supporting systems with HR data
- Project management experience
- Up to 15 Travel
PREFERRED REQUIREMENTS:
- Masters Degree
- SPHR CCP and/or CEBS
SUPERVISORY RESPONSIBILITIES: The position may have up to four 4 direct reports and ten 10 indirect reports.
PHYSICAL DEMANDS/WORK ENVIRONMENT:
Office environment / no specific or unusual physical or environmental demands.
OTHER DUTIES: Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the incumbent for this job. Duties responsibilities and activities may change at any time with or without notice.
Weekly Hours:
40Work Shift:
At LaZBoy Incorporated were an equal opportunity employer. We understand that our employees diverse backgrounds experiences perspectives and viewpoints add value to our ability to create and deliver the best possible service quality products and is of upmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race color religion sex sexual orientation gender identity national origin veteran or disability status.
We are committed to fostering an environment in which all employees feel valued included and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability you may request a reasonable accommodations by emailing our recruiting team at or by calling.
Required Experience:
Exec
Employment Type
Full-Time
