Director of Benefits & Compensation

Human Resources Aventura, Florida


Description

Position at Corporate

Position Summary:

As a member of the Human Resources Team, this position is responsible for developing and implementing a Total Rewards strategy to drive overall talent attraction and retention strategies for the Company.  Responsible for analyzing compensation data within an organization and evaluating job positions to determine classification and salary. Administers employee insurance plans and works with insurance brokers and plan carriers.    

Essential Functions and Responsibilities:

Leadership and Strategy –

  • Act as subject matter expert for compensation and benefits best practices and market competitiveness. Develop a Total Rewards program in support of Company goals and objectives.
  • Partner with internal clients and managers to ensure coordination and proactive consideration of issues related to compensation and benefits.
  • Conduct audits and assessments of Company compensation and benefits programs to ensure compliance and consistency with Total Rewards strategy. Make changes where required.
  • Responsible for compliance communications and training (e.g., HIPPA).
  • Prepare and deliver presentations on compensation and benefit issues for Company leadership and employees.
  • Stay up to date on all state and federal regulations impacting benefits and compensation matters.

Benefits –

  • Monitor and evaluate the Company’s Health and Welfare benefits programs.  Ensure benefits are current, competitive, and cost-effective in regard to trends and practices.
  • Coordinate development of benefits materials, roll-out and manage administration of the annual enrollment process.
  • Support the negotiation of coverage services and costs with carriers, brokers and providers to ensure excellent service and competitive rates.
  • Conduct annual medical renewal and cost sharing strategy recommendation. Review ancillary benefits (e.g., STD, LTD, Life, and EAP) renewals and ensure cost competitive contracts as well as competitive coverage.
  • Develop and implement competitive Wellness programs to assist with benefit cost containment.

Compensation –

  • Conduct job evaluations to ascertain proper grade and compensation level.
  • Support Recruitment in conducting research and preparing compensation offers for new hires.
  • Manage compensation survey participation.
  • Manage bonus and incentive plan administration.
  • Conduct position analyses across all concepts to evaluate internal equity, market competitiveness and compliance of the organization’s pay practices.
  • Annually evaluate the competitive market for positions in the company both internally and externally and recommend changes as necessary to maintain competitiveness.
  • Design, implement, and manage job classification and compensation programs.
  • Support performance management process by overseeing merit increases and salary structure.
  • Develop job descriptions for various positions and determine appropriate base pay.
  • Manage and advise on salary adjustment process for exempt and non-exempt.
  • Conduct benchmarking and internal compensation analyses as needed.

Education/Experience

 

Required-

  • Bachelor’s degree in Human Resources, Business or related discipline.
  • Ten years of progressively responsible experience in Compensation & Benefits to include analysis, plan design and program administration.
  • Experience in researching and designing health and welfare benefit plan offerings and managing third party providers.
  • Experience in ensuring compliance and cost effective of programs and policies.
  • Experience with salary surveys, benchmarking analysis and job classifications.
  • Experience with Total Rewards components; base and incentive pay, work/life benefits, base and ancillary benefits, market pricing and pay for performance.

 

Preferred-

  • Professional training and certification in Compensation and/or Benefits
  • Benefits and compensation program management in the restaurant industry.
  • Master’s degree.
  • Bilingual – English/Spanish

 

Competencies:

 

To perform the job successfully, an individual should demonstrate the following competencies:

 

  • Business Acumen - Employs analytical, critical thinking, and problem solving skills; plans and efficiently organizes work, appropriately seeks, manages, integrates and interprets data. Able to prioritize work and make sound decisions using available data. Exercises good judgment and is committed to excellence and operational integrity.

 

  • Collaboration & Customer Relationships - Understands the value of diverse talents and perspectives and encourages diversity of thought and ideas. Is always professional when dealing with internal and external customers. Works through differences and finds a productive common ground with others to achieve mutually beneficial results. Has a strong sense of customer service.

 

  • Functional Expertise - Achieves success through a comprehensive knowledge of industry and business as it relates to position. Applies creative solutions resulting in internal and external customer satisfaction.  Demonstrates initiative and is accountable for own actions and decisions. 

 

  • Communication Skills - Has good verbal and written skills; is effective when communicating with peers and superiors as well as with customers and others outside the company. Expresses opinions and ideas concisely. Encourages two-way communication.

 

  • Manager of People – Attracts, develops and retains top talent; deploys talent effectively and builds strong teams. Leverages individual strengths to build strong, diverse teams. Provides clear direction and effective counseling when needed. Sets realistic goals and hold team accountable for results.

 

 

Supervisory Responsibilities:

 

This position manages the Benefits Team and is responsible for the performance management and hiring of the employees in the department.

 

Work Environment:

 

General office environment.  Lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc. Work is generally performed within an office environment, with standard office equipment available. The noise level in the work environment is usually moderate.

 

Travel Requirements:

 

Negligible required.

 

Physical Requirements:

 

Work is generally sedentary in nature, exerting up to 25 pounds of force occasionally to lift, carry, push, pull, or otherwise move objects. Walking and standing may be required, up to 15% of the time.  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The essential duties and responsibilities listed in this job description are intended to describe the general nature and level of work being performed. They are not intended to be construed, as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Management retains the right to assign or reassign duties and responsibilities to this job at any time for any reason, including reasonable accommodation.