Director, Total Rewards

Capital Health; Princeton (NJ); On-site; USD 90,000 - 150,000; Full time

Job summary

An established industry player in healthcare is seeking a Director of Total Rewards to lead the design and management of comprehensive compensation and benefits programs. This pivotal role will ensure that the organization's practices are competitive and equitable, contributing to employee satisfaction and retention. With a strong focus on compliance and strategic alignment, the Director will oversee all Total Reward initiatives, balancing financial constraints with recruitment goals. If you are a seasoned professional with a passion for enhancing employee wellbeing and organizational success, this opportunity is perfect for you.

Qualifications

• 10+ years of experience in benefits and compensation management.
• Strong leadership, organizational, and communication skills.

Responsibilities

• Design and manage compensation and benefits programs aligned with strategic goals.
• Ensure compliance with regulations and monitor HR policies.

Skills

Organizational Skills

Leadership Skills

Communication Skills

Project Management

Multi-tasking

Education

Bachelor's Degree

Master's Degree

Job description

Capital Health is the region's leader in providing progressive, quality patient care with significant investments in our exceptional physicians, nurses and staff, as well as advanced technology. Capital Health is a five-time Magnet-Recognized health system for nursing excellence and is comprised of 2 hospitals. Capital Health Medical Group is made up of more than 250 physicians and other providers who offer primary and specialty care, as well as hospital-based services, to patients throughout the region.

Position Overview:

SUMMARY

The Director of Total Rewards will lead the designing, implementing, and managing of Capital Health's compensation, benefits and wellbeing programs. This role will ensure that compensation and benefit practices are competitive, equitable, and aligned with the company's strategic objectives.

MINIMUM REQUIREMENTS

Education

Experience

• Minimum of 10+ years of progressive experience in benefits and compensation

Knowledge and Skills

• Strong organizational skills and ability to multi-task priorities. Strong leadership and facilitation skills. Excellent verbal and written communication skills. Strong project management skills.

Usual Work Day

8 Hours

REPORTING RELATIONSHIP

Does this position formally supervise employees?: Yes

ESSENTIAL FUNCTIONS

• Formulates employee benefit programs, wage and salary structures, and pay programs consistent with the organization's strategic goals, financial capacity and economic conditions. Operates programs within established budgets, and remains comprehensive, competitive, fiscally responsible, and compliant with applicable regulations.
• Exercises discretion and judgement in the selection, planning, and coordination and use of consultants, insurance brokers, insurance carriers, benefit plan administrators, and other outside vendors to ensure service quality and fair rates.
• Oversees all Total Reward programs to contain costs and to assess ability to attract and retain qualified employees. Reports findings to the CHRO and recommends appropriate changes and modifications.
• Responsible for creating and administering compensation programs that are internally equitable and externally competitive and for ensuring compliance with applicable state and federal regulations.
• Monitors ongoing compliance under existing laws and regulations including ERISA, FLSA, and HIPAA. Keeps abreast of pending legislation to determine effects on current and planned programs. Provides timely and accurate regulatory plan filings.
• Monitors policies, practices and procedures related to HR programs to ensure alignment with strategic goals and HR philosophy. Conducts a continuing study of relevant policies, practices and procedures to keep the CHRO informed of new developmental opportunities.
• Acts with appropriate sense of urgency to remedy identified compliance deficiencies. Coordinates activities across functional and divisional lines as appropriate to limit organization's exposure.
• Develops annual fringe benefit and salary increase budgets balancing recruitment and retention goals against financial and economic restraints. Supports recommendations with data and analysis.
• Directs the overall administrative effectiveness of the benefits and compensation functions and ensures work products are managed to standards. Acts appropriately to correct deficiencies.
• Plans and oversees the effective execution of communication strategies designed to announce changes, educate, and enhance employee satisfaction relative to Human Resources Department programs and related policies.

Offers are contingent upon successful completion of our onboarding process and pre-employment physical. Capital Health will require all applicants (including contractors, travelers and consultants) to have an annual flu vaccine prior to start date, with the exception of individuals with medical and religious exemptions.