Director Compensation and Benefits

Des Moines, IA

Posted: 7/24/2019
Team Number:
Summary Information: Category: Corporate - Location: Des Moines IA
Director Compensation and Benefits
     
The Director of Compensation and Benefits is responsible for leading the design and implementation of the organization's compensation and benefits programs. The incumbent will report to the Chief Administrative Officer and work closely with other members of senior leadership, Human Resources, the Compensation Committee of the Board of Directors, and outside suppliersThe primarily duties of this position are designing, developing and implementing comprehensive general and leadership compensation and benefits programs that align with the organization's business objectives while supporting our culture, maintaining competitive positioning in the market, and ensuring legal and contractual compliance.  This Director leads a small team of professionals. This important role requires team leadership competences, design and analytical capabilities, and practical hands-on work as needed. The successful incumbent will see themselves as a player / coach. 

Responsibilities:
  • Works with other leaders to define the compensation and benefits strategy for the company in support of overall business goals.
  • Provides strategic design, hands-on administration, and compliance of company-sponsored qualified, non-qualified and retirement plans, including annual audits.
  • Responsible for design, administration, required filings, compliance and funding arrangements for company health and welfare plans for various groups of team members.
  • Negotiates with, contracts with, and maintains valued relationships with suppliers.
  • Oversees the company’s participation in various multi-employer pension plans and union trusts.
  • Leads periodic analyses of company pay structures and incentive plans to help ensure competitiveness, compliance and pay equity.
  • Recommends and executes periodic compensation reviews and various incentive plan designs and administration. Works with Compensation Committee of the Board of Directors on senior leadership compensation and incentives.
  • Oversees Compensation and Benefits communications efforts (including a Benefits Hotline) and supports change management.  
  • Champions other programs and policies in support of the company’s Great Place to Work initiatives, including employee wellness, flexible working and leave programs, etc. and works to ensure their fair and legal implementation and execution. 
  • Leads team and develops and maintains annual Compensation and Benefits budgets.

Requirements:
  • Bachelor’s degree required (Finance, Accounting or related field is a plus).
  • Total 10+ years combined Compensation, Benefits and HRIS experience or equivalent; experience as an HR business partner or equivalent would be a plus.
  • Expertise in Compensation and Benefits principles and design.
  • Excels at building and maintaining productive relationships and partnerships with both internal and external stakeholders.
  • Collaborative approach – values diverse perspectives and is open to new ideas and approaches. Works effectively with others at all levels of the organization.
  • Ability to communicate with impact. Refined written and verbal communications skills that engage and influence the audience regardless of level and technical ability/knowledge.
  • Effective at leading change – facilitating the implementation and acceptance of change, leading others through ambiguity and complexity with empathy.
  • Experienced people/team leader.
  • Strong analytical ability.
 
 
 

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