Director of Compensation and Benefits
Director of Compensation and Benefits
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Salary Not Disclosed
1 Vacancy
Job Description
Director Compensation and Benefits Opportunity
Reporting to the Head of HR the Director Compensation and Benefits responsible for designing implementing and managing compensation and benefits programs that provide a competitive level of pay motivation and reward to employees. Focuses on cash programs (salaries bonuses) LTIP s programs and benefits programs that cover salaried and nonunion employee populations. Provide and evaluate organizational design understanding the organizations needs and recommend optimized organizational structures.
Advises senior management team on employee compensation topics.
The position is the lead facilitator of compensation and benefits across the North America segment and works closely with the units in the implementation of any compensation and benefit processes.
Key Responsibilities:
The key responsibilities include but not limited to:
Develop implement and evaluate compensation programs including salary structures incentives bonuses and performancebased pay.
Conduct market research and benchmark studies to ensure competitive compensation practices.
Lead recommendations for job evaluations pay grades and compensation adjustments.
Oversee the annual salary review process including merit increases and adjustments.
Monitors the effectiveness of compensation and benefits programs and recommends modification to reduce costs and improve delivery.
Participates in negotiation of agreements with insurance carriers and financial institutions for administration of benefits programs and provides technical backup to union negotiations on benefits matters.
Design and manage employee benefits programs such as health insurance retirement plans wellness programs and leave policies.
Negotiate and manage relationships with benefits providers and vendors.
Monitor and analyze the effectiveness of benefits programs and recommend enhancements as needed.
Ensure compliance with local state and federal regulations related to benefits administration.
Ensure that HR supports the organization s role in Health and Safety in every step of the employee life cycle.
Develop and maintain compensation and benefits policies and procedures.
Assures that required records and reports are maintained and issued.
Stay updated on relevant labor laws tax regulations and industry trends to ensure compliance.
Prepare reports and presentations for senior leadership on compensation and benefits metrics and strategies.
Communicate compensation and benefits programs to executive leadership and address related inquiries.
Provide guidance and training to managers on compensation and benefits topics.
Professional Experience and Qualifications
Minimum 10 years of HR experience.
Minimum 5 years of experience leading compensation and benefits initiatives.
Good leadership presence and communication skills.
Good problem solving skills.
Strong analytical skills and the ability to translate complex concepts in a concise manner.
Ability to set priorities and manage multiple projects simultaneously in a fast paced highly matrix dynamic environment.
Additional qualifications that will be seen as a nice to have:
Experience in steel or manufacturing industry.
Proven 5 years of experience working in a similar role.
Experience in global settings with multiple stakeholders.
Education
University degree in business administration finance or relevant field.
What we ll offer
We offer competitive salary bonus paid vacation 401k employer match health insurance prescription drug insurance dental insurance vision insurance life and disability insurance etc.
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Employment Type
Full Time
