VP - Total Rewards

RealTruck, Inc.; United States; Remote; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Vice President of Total Rewards to lead their compensation and benefits strategy. This pivotal role involves overseeing the design and implementation of comprehensive reward programs that align with the company's strategic objectives. The ideal candidate will have extensive experience in total rewards, compensation, and benefits, along with a strong ability to influence and collaborate across departments. Join a forward-thinking organization that values innovation and strategic alignment in its total rewards offerings, ensuring they meet both business goals and regulatory requirements.

Benefits

Flexible Work Hours

Remote Work Options

Health Insurance

Retirement Plan

Professional Development Opportunities

Wellness Programs

Qualifications

• 15+ years of experience in total rewards, compensation, and benefits.
• Proven ability to influence and build collaborative partnerships.
• Experience managing compensation across corporate and manufacturing.

Responsibilities

• Lead the benefits strategy and compensation programs.
• Ensure compliance with international and local laws.
• Conduct analysis to align programs with company strategy.

Skills

Analytical Skills

Leadership

Communication Skills

Project Management

Problem-Solving

Market Analysis

Regulatory Compliance

Education

Bachelor's Degree in Human Resources

Master's Degree in Business Administration

Tools

HRIS

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Outlook

Job description

The Vice President of Total Rewards will provide strategic guidance in the company’s total rewards design, implementation, administration, and communication. This leadership role will report directly to the Chief HR Officer, will be a part of the global HR Leadership team, and lead a team of 6 HR professionals across compensation, payroll, and benefits. This position w ill oversee the administration of all Total Rewards processes, including survey participation, job evaluation, salary structure development, base pay administration, incentive plan administration, recognition practices, and sales compensation practices globally. This strategic, collaborative, results driven leader will ensure that RealTruck’s Total Rewards strategy supports the organization’s business objectives and meets all legal and regulatory requirements internationally.

CORE FUNCTIONS

• Lead the organization's benefits strategy and compensation/total rewards programs, policies, and procedures.
• Design and develop comprehensive compensation, benefits and reward programs which align with the company’s strategic objectives and competitive market practices for peer companies.
• Serve as the company expert on Total Rewards, bringing the latest trends and innovative ideas to the forefront, and build upon the company’s Total Rewards strategy.
• Ensure the company remains compliant with international, federal, state, and local laws and regulations through proper operating and governance procedures.
• Lead and manage executive and broad-based compensation programs, including salary structures, incentive plans, and equity programs.
• Conduct in-depth analysis to ensure programs align with the company strategy, are market competitive, and are achieving stated program objectives through collaboration with HR, finance, and business leaders.
• Present analysis and modeling of plan designs, costs, and alternatives that are comprehensive yet easily understood.
• Provide consultation on executive compensation matters to senior executives and human resources.
• Prepare compensation data for proxy disclosure, compensation committee meetings, and IPO readiness as needed.
• Conduct ongoing research and benchmarking to ensure the company’s total rewards offerings remain competitive and effective.
• Foster a culture of collaboration, continuous improvement, development, and engagement by providing leadership to staff through coaching, problem solving, and performance management.
• Manage vendor selections and oversight of third-party vendors for the administration of employee benefit programs.
• Oversee the development and execution of program education to all levels of the organization.
• Organize and present compensation data for review and disclosure for the compensation committee meetings as needed.
• Develop and execute wellness and recognition programs to enhance employee engagement and satisfaction.
• Oversee communication and education efforts related to total rewards programs to ensure employee understanding and engagement.
• Contribute to and lead Human Resource projects as needed.

QUALIFICATIONS & REQUIREMENTS

Education and Experience

• Bachelor’s degree in Human Resources, Business Administration, or a related field required; Master’s degree preferred.
• 15+ years of relevant business experience with 7+ year’s experience in total rewards, compensation, and benefits.
• 6+ years in a leadership role, developing, engaging and maximizing performance in others.
• International compensation experience required.
• Experience managing hourly compensation across corporate and manufacturing or warehouse/distribution centers required.
• 3+ years of prior experience working in private equity is preferred.
• 3+ years working in a publicly traded companies is preferred.
• Previous experience supporting IPO readiness activity and public company reporting is preferred.
• Previous experience leading executive compensation as part of a publicly traded company, including preparation of compensation data for proxy disclosures and compensation committee reviews is highly preferred.
• Prior experience with Sales Incentive compensation is preferred.

Skills, Abilities, and Knowledge

• Proven ability to influence others and build collaborative team partnerships required.
• Intellectual agility, analytical and problem-solving abilities with a proven ability to develop creative solutions required.
• Expert at leveraging data and tools for research and analysis required.
• Ability to perform strategy development and execution of multi-location/multi-state/multi-country compensation/total rewards programs.
• Excellent verbal, written, and persuasive communication skills; experience interacting effectively with top management. Board presentation experience is preferred.
• Ability to prepare proxy disclosure and deliver compensation committee updates/recommendations.
• Strong market analysis capabilities for compensation structures supporting domestic hourly and salaried personnel and variable pay strategies.
• Knowledge of regulatory compliance practices related to compensation, health and welfare plans, Workers’ Compensation, 401(k) Savings Plans, and Executive Plans.
• Strong knowledge of current market competitive trends and practices.
• Effective project management skills with the ability to meet deadlines and perform under pressure.
• Outstanding analytical, mathematical, and problem-solving skills.
• Team player that can be proactive, responsive and customer focused with demonstrated experience, effectively collaborating cross-functionally and departmentally.
• Ability to effectively delegate, coach, and develop others; ability to lead the function as an integral part of a broader Human Resources team.
• Ability to handle confidential information with extreme discretion.
• Advanced Excel and PowerPoint skills; proficient with HRIS, Microsoft Word, and Outlook.

COMPETENCIES

• Able to develop the skills, knowledge, processes, technology, resources and organizational structure within an organization to enhance its overall performance and competitiveness in line with the overall strategy; Evaluates an organization's strengths and weaknesses, identifies gaps between the current state and the desired future state, and then develops a plan to address those gaps; Identifies the skills needed to support the desired capabilities, and provide training programs and other opportunities for employees to develop those skills.
• Sees ahead clearly; can anticipate future consequences and trends accurately; has broad knowledge and perspective; is future oriented; can articulately paint credible pictures and visions of possibilities and likelihoods; can create competitive and breakthrough strategies and plans.
• Follows through on commitments and makes sure others do the same; Acts with a dear sense of ownership; Takes personal responsibility for decisions, actions, and failures; Establishes dear responsibilities and processes for monitoring work and measuring results; Designs feedback loops into work.
• Ability to lead and collaborate with teams from different departments or disciplines within an organization; Creates synergy among cross-functional team members to achieve a common goal; Understands and communicates how a project or initiative helps each functional area of the organization, proactively keeps everyone well informed regarding progress and potential challenges; Problem solves and resolves conflict quickly; Is organized and effectively leverages resources with their function and outside of their function to deliver results; Able to effectively call upon and leverage resources outside their area of responsibility to generate organizational success. Builds trust quickly and continually motivates and recognizes others.
• Ability to interpret, evaluate, and analyze facts and information from multiple perspectives; Looks for underlying causes or thinks through the consequences of different courses of action; Breaks problems into component parts and creates solutions; Able to make connections between logical ideas to see the bigger picture.
• Makes good decisions (without considering how much time it takes) based upon a mixture of analysis, wisdom, experience, and judgment; most of his /her solutions and suggestions turn out to be correct and accurate when judged over time; sought out by others for advice and solutions.
• Is effective in a variety of communication settings: one-on-one, small or large groups, or among diverse styles and position levels; Attentively listens to others adjust to fit the audience and the message; Provides timely and effective information to others across the organization; Encourages the open expression of diverse ideas and opinion.

SUPERVISOR RESPONSIBILITIES

• VP: Plans, organizes, evaluates, and directs the employees within the department function. Has direct reports.

PHYSICAL REQUIREMENTS

• Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involved sitting most of the time. Walking and standing are required only occasionally.

Physical Activities

• This position is subject to the following physical activities: standing, talking, hearing, and the use of hands, wrists, and fingers in repetitive motions.
• The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures; transcribing; viewing a computer terminal; expansive reading; visual inspection involving small defects, small parts and/or operation of machines (including inspection); using measurement devices; and/or assembly of fabrication of parts at distances close to the eyes.

Working Conditions

• The worker is subject to an office and/or remote based environment, primarily involving sedentary work, extensive use of a computer, and frequent virtual collaboration, with travel to other sites or facilities as needed.

#LI-REMOTE

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.