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Director Total Rewards

Freehold, NJ | Full Time
14 Days Ago

Job Description

Overview

The Director, Total Rewards leads the strategy, communications, and compliance of all total rewards programs, policies, and processes. As a thought leader, you will drive innovation in our rewards strategy and help us communicate the value of our total rewards to team members while making a positive impact on team member well-being. Reporting to the VP, Human Resources, you will develop and implement compensation programs including salary, bonus, and equity plans, as well as benefit and wellness programs, and partner across the people organization on talent experience strategy and priorities.

 

CentraState's Human Resources Department has an employment opportunity for a Director, Total Rewards. As the subject matter expert with strong leadership skills, effectively manages the HR operations of the Department including benefits, compensation, and HRIS in a manner consistent with the System mission, vision, and values.  

Responsibilities

Essential Job Functions:

  • Develop and lead the Company's comprehensive Total Rewards strategy leveraging compelling and equitable compensation and benefits programs that will attract and retain talent
  • Conduct a Total Rewards assessment, inclusive of compensation programs including physician compensation, operating structure, process, and technology
  • Partner closely with Talent Operations on data and the HRIS system, including the evaluation and implementation of any future changes to the HRIS system
  • Lead the proposal, development, implementation, and iteration of a Total Rewards plan that aligns with CentraState Health Systems growing business and is inclusive of all rewards (base salary, short and long-term incentives) and (health and welfare, 403(b)/retirement, voluntary benefits, and wellness initiatives)
  • Proactively provides recommendations and insights on the total rewards strategy, ensuring salary and benefit programs are best in class and market competitive to attract and retain top qualified talent.
  • Serves as point of contact to related vendors and brokers to ensure program success, compliance, and to resolve any related issues.
  • Researches and proposes state-of the art plans and practices in the arena of compensation and benefits.
  • Coordinates communication and materials regarding all related employee programs.
  • Remains current on all regulations or laws related to benefits and compensation.
  • Supports other human resources initiatives, outside of direct responsibility, as needed. Supports department projects and initiatives.
  • Provides oversight and direction to Compensation Analyst, Benefits Specialist, and HRIS Analyst. 

COMPENSATION

  • Effectively administers the System's compensation program by obtaining and analyzing market data. Recommends changes to programs as appropriate ensuring salaries and increases are within market and in compliance with policies and program guidelines.
  • Conducts job analysis and evaluations and recommends pay decisions. Provides oversight to determine classifications, pay level, and salary range development.  Makes innovative suggestions to support talent acquisition and talent management strategies.
  • Proactively provides insight and creative recommendations that support the overall effectiveness and efficiency of the total rewards program.
  • Proactively prepares and provides strategic analysis for budgetary purposes related to annual salary increases, bonuses, and market adjustments. Ensures proposed programs are within established budget.  
  • Provides oversite of and direction for Compensation Analyst. Assists with administration of third party comp vendor, ensuring compliance.
  • Collaborates with talent acquisition and managers on pay decisions.
  • Communicates and trains internally on compensation policies and practices.

BENEFITS

  • Administers benefit plans, including annual budget preparation and cost sharing determination.
  • Administers retirement plan programs, including annual retirement plan contribution audits and required compliance.
  • Ensures the effective administration of health, pension, insurance and other total rewards programs, including plan compliance (ACA, ERISA, GINA, COBRA, etc).
  • Responsible for ACA compliance and reporting.
  • Oversees the reconciliation, approval, and processing of monthly benefit plan invoices.
  • Completes monthly claims review and follows up with vendors as appropriate for assurance of proper plan document assignment.
  • Responsible for all audit requests, annual fillings, compliance, and reporting. Ensures al SPDs, plan documents, SARS, Medicare Part D, and other documents are on file and properly distributed as required by law.

HRIS

  • Accountable for the accuracy and integrity of all employee data.
  • Classifies new and existing positions and places in appropriate salary grades following the compensation program guidelines.

 

Qualifications

  • Minimum of five years’ experience managing compensation, benefit, and HRIS functions
  • Bachelor’s degree in related field required. Master’s degree preferred. May substitute directly related experience for degree
  • CEBS and/or CCP strongly preferred
  • Strong knowledge of and can ensure compliance with current and trending federal and state regulations, including COBRA, FLSA, USERRA, and ERISA to provide oversite in these areas.
  • Extensive knowledge of compensation and benefit plans, including design, theory, and analytical modeling
  • Proficient in Microsoft Office suite
  • Advanced Excel skills, with the ability to perform detailed calculations and analysis (including VLOOKUP’s, logical functions, pivot tables and charts) is required
  • Demonstrated experience with Oracle Cloud or Lawson strongly preferred
  • Outstanding customer service, excellent follow through, strong organizational skills, ability to multitask and prioritize, and flexibility to meet unexpected requests and changing priorities with a sense of urgency is required
  • Ability to collaborate and communicate professionally for clear understanding with diverse team members at all levels of the organization
  • Ability to lead, guide, and motivate others

 

About Us

CentraState Healthcare System, a partner of Atlantic Health System, is a fully accredited, not-for-profit, community-based health system that provides comprehensive health services in the central New Jersey region. In addition to offering a full range of leading-edge diagnostic and treatment options, CentraState serves as a valuable health partner focused on the latest ways to prevent disease, promote healthy behaviors, and help people of all ages live life well. Based in Freehold, CentraState is comprised of a 284-bed acute-care hospital, a vibrant health and wellness campus, three award-winning senior living communities, a charitable foundation, and convenient satellite health pavilions offering primary care and specialty physician practices, along with access to outpatient services, such as lab and physical therapy. The system also offers a family medicine residency and geriatric fellowship training program in affiliation with Rutgers Robert Wood Johnson Medical School. Among its many honors and accreditations, CentraState is one of less than two percent of hospitals nationwide to earn Magnet® designation for nursing excellence four times and was designated a Great Place to Work-Certified™ Company by Great Place to Work® for the second consecutive year.

 

When you bring your talent to CentraState, you are joining a trailblazing healthcare facility, committed to providing high-quality, patient-focused care. Join us in making incredible strides in health care, and making a difference in our community. We believe in enriching the lives of our employees through work/life balance initiatives, tuition assistance, career advancement opportunities and much more.

 

Find out why our employees love their jobs and being part of the CentraState family!

 

What We Offer:

  • Highly competitive compensation
  • Excellent benefits package and rewards program
  • 403(b) retirement plan with company match
  • 401(a) retirement plan with employer contribution
  • Life Insurance 
  • Tuition Reimbursement Program
  • Profit Sharing Program
  • Growth Opportunity and Workforce Development Initiatives
  • Continuing Education / Onsite Training
  • A warm, welcoming company culture based upon mutual respect and a collaborative goal of providing excellent patient care
  • Concierge Services with Work & Family Benefits
  • Magnet recognized healthcare facility

Skills for Director Total Rewards

The job skills required for Director Total Rewards include Leadership, Analysis, HRIS, Initiative, Benefits Programs,and Retirement Plans etc. Having related job skills and expertise will give you an advantage when applying to be a Director Total Rewards. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Director Total Rewards. Select any job title you are interested in and start to search job requirements.

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Career Path for Director Total Rewards

The following is the career advancement route for Director Total Rewards positions, which can be used as a reference in future career path planning. As a Director Total Rewards, it can be promoted into senior positions as a Compensation and Benefits Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director Total Rewards. You can explore the career advancement for a Director Total Rewards below and select your interested title to get hiring information.