About the role
The Director, Total Rewards serves as a strategic leader responsible for the strategy, design, and development of total rewards. This includes leading the annual compensation review, managing effective base pay, developing variable and bonus compensation targets, health and welfare programs, a variety of rewards and recognition programs, and retirement plan for our expanding global workforce. This role will lead the total rewards strategy for Optiv by building a cohesive set of programs that align employees' needs to business strategy and enhance attraction and retention of our workforce.
This role reports directly to the Senior Vice President of Human Resources (SVP, HR) and serves as a member of the Optiv HR Leadership Team (HRLT). The details below refer to compensation and benefits in multiple countries (USA, India, and Canada) with employees spread throughout.
How you'll make an impact
Partner with business leaders and HR leadership to develop global, strategic, total rewards strategy.
Provide executive leadership with strategic total rewards program enhancements that will enable the attraction, development, and retention of talent.
Design and recommend global compensation and benefits programs by assessing Optiv's future needs, reviewing competitor and general industry practices, and analyzing cost impact/effectiveness.
Develop and coordinate communication strategies and activities designed to educate and inform Optiv about total rewards.
Review benefit premium rate contribution, claims and utilization data on an annual basis.
Coordinate and lead the 401(k) administration and investment committee.
Collaborate with Talent Partners, HR Business Partners and business leaders to understand their issues related to compensation and benefits.
Own and evolve our Total Rewards programs and scalable strategy targeted at retaining Optiv's competitive position, engagement, and retention.
Manage payroll and benefits for the India entity of 650+ employees.
Direct the benchmarking efforts associated with the rewards mechanics.
Collaborate with Finance and executive leadership to build and manage cyclical and non-cyclical compensation budgets.
Responsible for analysis, design, compliance, communication, implementation, administration, monitoring and reporting of health, life, disability, and other benefit programs.
Oversee all vendors, consultants and outsourced relationships for the department.
Evolve current salary pay band structures that integrate job bands, grade levels, and promotion guidelines into the total rewards programs.
Lead all global compensation processes (base and variable pay, merit, promotions, bonuses).
Focus on health and welfare plan management.
Supervise renewals, census, maintenance of enrollment, application, and claims records for all benefits plans.
Participate in M&A due diligence.
What we're looking for
Bachelor's degree in Human Resources, Business, Finance or other related areas, Master's Degree preferred.
Demonstrated experience in total rewards design and implementation.
Demonstrated compensation experience in executive compensation, compensation committee management, base salary, market pricing, variable pay and performance management, job evaluation, data analysis, research, and cost modeling.
Demonstrated benefit experience including knowledge of health and welfare plans, Leaves and time off practices, and retirement plans. Global exposure preferred.
10+ years of relevant experience: Compensation, HR and Benefits with half of those years managing people, processes and technology.
Understanding of HR principles, laws, and practices.
Technical understanding of HR Systems; Workday experience preferred.
Salary Range: $148,100.00 - $197,300.00 Annual.
Minimum requirements
- Bachelor's degree in HR, Business, Finance, or related field; Master's preferred.
- 10+ years in Compensation, HR, and Benefits with 5+ years managing people, processes, and technology.
- Proven experience in total rewards design, executive compensation, benefits, HR laws, and HR systems (Workday preferred).
This listing was parsed by AI and may not be complete. Check the official posting on Optiv's site for the most accurate information.