VP, Total Rewards
Job Description
We are Sustainability in Action - our promise to be environmentally responsible and to help our customers be environmentally responsible too.
Why choose Republic?
Joining Republic isn't just about taking on a new job, it's about making a commitment to create a more sustainable world together. Our people provide an essential service, serving and impacting customers, neighborhoods, and communities everywhere.
As a company, we are proud of our values and encourage those who share in our aspirations to join our team:
- We protect our colleagues and communities through safe practices everywhere, every day.
- We are committed to serving our customers and communities by going above and beyond to exceed expectations.
- We take action to improve neighborhoods and communities by being environmentally responsible and creating a more sustainable world.
- We are driven to deliver results in the right way.
- We encourage a human centered culture that honors the unique potential and dignity of every person.
POSITION SUMMARY: Reporting to the Chief Human Resources Officer, the Vice President, Total Rewards directs, develops, and implements comprehensive total reward programs (Compensation, Benefits, Recognition, Wellness) ensuring activities align with the organization's strategic objectives while supporting the culture, maintaining competitive positioning in the market, and ensuring legal and contractual compliance. The VP, Total Rewards is responsible for Total Rewards-related activities, including executive compensation, broad based exempt and non-exempt compensation plans, health and welfare plans, wellness, qualified and non-qualified retirement plans as well as recognition. Through collaboration with leadership across all levels of the organization, the incumbent ensures that reward systems drive performance, talent acquisition, engagement, and retention across all levels, while being mindful on how decisions impact the P&L. This role requires a data-driven, innovative, and thoughtful business partner who will work collaboratively with various business and HR leaders to drive measurable results.
PRINCIPAL RESPONSIBILITIES:
- Lead the Total Rewards team to develop and implement enterprise-wide Compensation and Benefit Programs, policies, and strategies that support business objectives.
- Recommend plan revisions as well as new plans which are cost effective and consistent with market trends, best practices, and corporate objectives; coordinate implementation and provide guidance to HR leadership and governance committees.
- Review market benchmark surveys, analyze competitive market data and develop
recommendations for updates to job architecture, salary structures and bonus targets as appropriate; propose salary increase budgets - Lead the annual salary administration and bonus and equity planning process. Develop project plan and calendar and define roles and responsibilities. Ensure online tools are prepared to support the project; prepare comprehensive report of findings and develop executive summary presentation for review with senior management.
- Benchmark sales incentives and drive the design and implementation of the company's sales compensation plans.
- Direct executive compensation programs, including bonus programs to ensure that they are consistent with company strategies and goals, are well communicated and understood.
- Research and develop strategy for all benefit programs - health and welfare, retirement plans, life insurance and disability and the company wellness, with the support of brokers, consultants, and partners.
- Develops proactive approaches to gather and use data to identify, facilitate and solve business needs/problems. Directs the identification, development, and implementation of new/revised Total Rewards-based processes, programs, reports, and other solutions to support current and anticipated future business requirements.
- Identifies and reports key HR Total Rewards business and operating benchmarks and metrics. Monitors and reports status, progress, and trends on key metrics in
collaboration with Finance to support development of cost-effective benefit programs, including proposals for program changes, pricing allocations, utilization, vendor performance, trends, and program analysis. - Partners with cross-functional, subject-matter experts to support the successful execution of mergers, acquisitions (and corresponding integration) activities. Provides leadership to develop durable integration playbooks.
- Maintains liaison with Program providers, consultants, attorneys, actuaries, brokers, plan administrators, trustees, etc., to ensure effective program oversight and development. Research industry/process/program best practices.
- Perform other job-related duties as assigned.
QUALIFICATIONS:
- Strong business and financial acumen with the ability to think strategically but also focus on tactical and operational issues
- Experience gathering data, analyzing issues, identifying root causes or change opportunities and creating and implementing people strategies to solve more systemically through other areas of the HR function or business.
- Excellent project and change management skills, while understanding the nuances of the organization (being organizationally aware) to respond to short- and long-term business priorities.
- Excellent consulting skills, with the ability to influence senior stakeholders to drive results.
- Ability to make a measurable impact on the business, orchestrating networks, and knowledge effectively to consistently deliver the people strategy and exceed business expectations.
- Confident and effective relationship building skills and ability to quickly establish strong working rapport with professionals throughout an organization, functioning as a leader, advisor, business partner.
- Proactive and self-starter; approaches responsibilities with a thoughtful and appropriate sense of urgency - operates with a sense of responsiveness to the business and for the business and accustomed to working in a lean, dynamic organization where everyone roles their sleeves up.
- Demonstrated success in leading change, improving processes, and developing effective teams. Ability to impact, influence and drive action and accountability in others.
- Experience managing and leading an internal team of direct and indirect reports to successfully deliver to the scope, schedule and cost while also partnering with external consulting teams to ensure milestones are met, knowledge transfer is in place, etc.
- Experience analyzing and understanding financial and legal regulations, including tax and accounting treatment, SEC regulations and filings, proxy disclosures, FASB, 10k annual report analysis, Internal Revenue Code Section 409A.
MINIMUM REQUIREMENTS:
- 15 years of progressive Human Resources/Total Rewards experience with at least 5 of those years serving in a HR Leadership role supporting Senior Business Leaders
- Experience in executive compensation, compensation and benefits design, sales incentive plan design, and integration of mergers and acquisitions required.
- Experience working in a multi-site/multi-state environment
Rewarding Compensation and Benefits
Eligible employees can elect to participate in:• Comprehensive medical benefits coverage, dental plans and vision coverage.• Health care and dependent care spending accounts. • Short- and long-term disability.• Life insurance and accidental death & dismemberment insurance.• Employee and Family Assistance Program (EAP).• Employee discount programs.• Retirement plan with a generous company match.• Employee Stock Purchase Plan (ESPP).
The statements used herein are intended to describe the general nature and level of the work being performed by an employee in this position, and are not intended to be construed as an exhaustive list of responsibilities, duties and skills required by an incumbent so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the Company.
EEO STATEMENT:Republic Services is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, protected veteran status, relationship or association with a protected veteran (spouses or other family members), genetic information, or any other characteristic protected by applicable law.
Date Posted
08/10/2023
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