Director, Compensation & Benefits position for Manufacturing Co. - Southeastern U.S./Tennessee Area
The successful candidate will assist with the design, benchmarking, documentation, implementation, and communications of all facets of the company's compensation and welfare programs that links total compensation with business objectives and performance of the company. The ultimate goal is in support of a sustaining high performing culture that attracts, motivates, retains and rewards employees.
This is a great opportunity for a dynamic leader with extensive human resources experience. Since this is a key management role it does require a confident, hands-on leader with good executive presence and experience in mentoring as well as experience being an agent of change and influencing without direct authority.
This position is for a manufacturing organization based out of the southeastern United States.
Job Responsibilities
As a Director, Compensation & Benefits you will develop and/or design or support corporate strategies for compensation and benefit programs that are market competitive and meet organizational objectives.
Additional responsibilities:
• Leading the compensation function, collaborating with senior management to evaluate and create the strategic direction, design concepts and build support for fact/data driven rationale for implementation.
• In conjunction with both internal and external resources, provide analysis and plan design, costs and alternatives that are detailed and comprehensive yet easily understood by executives.
• Developing and maintaining compensation program including; executive compensation, base pay, merit pay increases, bonus and other reward programs
• Externally: Acts as a liaison with selected outside compensation advisers or consultants in providing information and data for analysis and benchmarking.
• Managing retirement programs and acting as a liaison with historical programs for employees with our vendors
• Monitoring trends and introducing market best practices for programs to company
• Reporting on program utilization, costs, effectiveness and recommending changes
• Analyzes executive pay practices to ensure competitiveness among industry peer group, internal equity among executives, and achieves best practices in attracting, retaining and rewarding key executives.
• Researches and stays abreast of innovative compensation methodologies and industry trends for potential application
• Position will develop, implement & oversee compensation process and market-based job evaluation system, job family and title organization structuring, as well as create a process of ongoing market review based on industry standards.
• Experience with planning and administration of fully insured health insurance plans, group life insurance programs, and retirement programs including 401(k), voluntary benefits and other employee/retiree benefit programs are required for this role.
• Building a Total Rewards program that includes affordable healthcare, compensation alignment and retirement planning are essential to this position.
• Position requires experience building incentive programs and hourly pay schemes based on business needs and job description.
• Works with business leaders to design non-executive variable pay programs. Oversight for salary structure design and compensation processes. Interfaces with compensation consultants for compensation needs and projects.
Requirements
The successful candidate will be an accomplished, credible leader who combines strong compensation expertise with a well-developed business acumen. Will be a trusted business partner and a thought leader who has a strong grasp of the strategic direction of the business, and the challenges the enterprise faces
• Bachelor's required. MBA a plus. Certified Compensation Professional (CCP) a plus.
• 9+ yrs progressively compensation experience in a public company, or consulting practice.
• Strong business acumen and executive presence, with the ability to gain respect and credibility from senior business leaders
• Highly skilled at analyzing, formatting and presenting compensation data. Has a concern for accuracy, passion for quality work, and timely delivery.
• Strong background in sales compensation structure and design.
• Experience with M&A and integration of compensation systems desired.
No external vendor inquiries.
Any qualified interested professionals please send your resume to: SoutheastUSRecruiting@gmail.com
Equal Opportunity Employer M/F/D/V
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