Total Rewards Direct....
Total Rewards Director
Posted on :
08-08-2023
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
08-08-2023
Job Description
Req ID : 2171985
Lakeside HR Group has been engaged by a growing management services company that partners with multiple healthcare groups to deliver exceptional patient care to recruit a Total Rewards Director in the Minneapolis/St. Paul, Minnesota area. This is a newly created position for our client and will report to the VP of HR.
Position Purpose Summary:
Education and Experience Requirements:
Essential Requirements:
Ability to:
Performance Expectations–Our Client’s Core Values:
Environmental Conditions:
Notes:
Position Purpose Summary:
- Strategically manage the organization’s employee benefits and compensation plans.
- Responsible for evaluating plans, using industry trends and market data to provide recommendations according to financial budgets, and to maintain the company’s competitive advantage.
- Develops safeguards for ensuring audits, legal reports and compliance guidelines are followed.
- This role requires the ability to work collaboratively with all levels of the organization, with a strong customer focus.
- Key focus and responsibility for this role will be managing the compensation framework and analyzing all benefit offerings to make the most competitive package in alignment with company objectives.
- Lead and execute key initiatives that support our client’s HR Strategy.
- Lead total rewards strategy and team in the design of strategies, philosophies, or offerings supportive of the organization’s priorities and its ability to provide the best employee experience for attracting and retaining talent.
- Partner and with Communications team to ensure strategies of compensation and benefits communications are frequent and effective for employees at all levels.
- Develop and upgrade Benefits and Compensation team capabilities, through ongoing coaching and development opportunities.
- Manage, mentor, and provide daily direction to the Benefit and Compensation teams.
- Manage the Total Rewards Philosophies our client and ensure that the philosophies maintain market competitiveness and are reflective in work being accomplished.
- Oversee administration of employee benefits programs such as retirement, medical, dental, vision, life insurance, and temporary disability.
- Collaborate with benefit advisor group, insurance carriers, plan administrators, and third-party administrators to ensure plan design and implementation meet the threshold of market competitive and align with philosophy.
- Oversee evaluation and comparison of existing company benefits with industry and marketplace trends through participating in surveys and analyzing the data.
- Manage the annual benefit renewal process by partnering with third-party administrator and/or Benefit Broker to drive the renewal process, analyze data, and prepare recommendation for the Board.
- Monitor the effectiveness of the existing compensation practices, guidelines, and procedures while recommending plan revisions as well as new plans that are cost effective and consistent with compensation trends and organization objectives.
- Lead the Compensation Analyst to develop appropriate pay range for existing and new positions based upon market data and industry demand.
- Oversee participation in annual compensation surveys related to industry and market and analysis of data and recommendations.
- Oversee collaboration with Finance team in preparation for annual performance reviews to identify budget recommendation for departments.
- Oversee the leave of absence process by ensuring company compliance and educational opportunities for employees and managers.
- Strategically plan periodic communications to all employees regarding insurance plan updates, appropriate use of benefits, specifically regarding medical plan performance.
- Ensure Leaders understand how the benefits plans are performing on a periodic basis and provide recommendation based upon analysis.
- Monitor and address items to ensure plan design and application meet compliance expectations.
- Collaborates with HR Department leaders to effectively implement practice integrations.
- Identify and manage an audit plan for verifying benefit data and addressing questions and implementing changes to sustain data accuracy.
- Ensures company policies and protocols follow all relevant regulations, examples: ERISA, ACA-related, HIPAA, records management, etc.
- Serve on the Investment Committee and provide thoughtful input where appropriate.
- Any and all other duties as assigned.
Education and Experience Requirements:
- Bachelor’s degree in human resources or related area.
- 10+ years of previous experience in development, implementation and execution of total rewards programs and compensation strategies required with 3 years of that experience in a Director Level position.
- 5+ years of people management with multiple direct reports.
- HR, compensation or benefit certification required.
- Ability to maintain a high level of confidentiality.
- Solid knowledge and understanding of all legal, tax and regulatory issues related to compensation and benefits.
- Excellent oral and written communication, time management, follow-up, and organizational skills.
- Comfortable working in a role with frequent interruptions and time-sensitive deadlines.
- Strong problem-solving skills.
Essential Requirements:
Ability to:
- Work in the clinic or office during business hours.
- Travel independently throughout the clinic/office (which may include movement from floor to floor); frequent bending, lifting, stooping or sitting for long periods of time may be required.
- Work at an efficient and productive pace, handle interruptions appropriately and meet deadlines.
- Maintain prompt and reliable attendance.
- Converse in a respectful and professional manner.
- Prioritize workload while being flexible to meet the expectations of the daily operations.
- Apply principles of logical thinking to define problems, establish facts, and draw valid conclusions.
- Understand and execute a variety of instructions.
- Effectively operate clinic and office (e.g., PC) equipment; and communicate on and operate the phone system.
- Work independently with minimal supervision.
- Travel to other work locations, if required.
- Adhere to HIPAA requirements.
- Comply with all company policies, procedures and complete job required training.
Performance Expectations–Our Client’s Core Values:
- Integrity, Service, Quality, Innovation, & Teamwork.
Environmental Conditions:
- Hybrid work schedule.
- Normal clinic/office setting.
Notes:
- Our client is a management services company that partners with multiple healthcare groups to deliver exceptional patient care. This position will be employed by our client who also works closely with an i-Health provider and its operating divisions.
- Our client is an Equal Opportunity/Affirmative Action Employer and will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990 and the ADA Amendments Act of 2008.
- This job description will be reviewed periodically as duties and responsibilities change with business necessity. Essential job functions are subject to modification.
Employment Type
Full Time
Key Skills
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