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Senior Director Total Rewards

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Generac Power Systems

7d ago

  • Job
    Full-time
    Expert Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Waukesha
  • Quick Apply

AI generated summary

  • You must lead total rewards strategies, manage compensation and benefits programs, ensure compliance, utilize data analytics, and manage vendor relationships, with occasional travel required.
  • You will design and manage compensation structures, oversee benefits programs, analyze data for recommendations, ensure regulatory compliance, and manage vendor relationships.

Requirements

  • Strategic Planning and Leadership: Lead the design, implementation, and management of compensation structures, benefits programs, and other rewards initiatives.
  • Compensation Management: Oversee the design and administration of base salary structures and job architecture: Conduct market analysis to ensure competitive positioning and equity within the company; manage the annual compensation review process, including merit increases, and salary adjustments.
  • Benefits Administration: Oversee the management of employee benefits programs, including health and wellness, leave management, retirement plans, life and disability insurance, and other offerings; ensure compliance with legal and regulatory requirements, and manage relationships with benefits providers and consultants; evaluate, recommend and enhance benefits programs to meet the changing needs of the workforce.
  • Data Analysis and Reporting: Utilize data analytics to assess the effectiveness of compensation and benefits programs and make data-driven recommendations for improvement; prepare and present reports to senior management on total rewards trends, costs, and effectiveness.
  • Compliance and Risk Management: Ensure that all compensation and benefits programs comply with federal, state, and local regulations; monitor and manage risks associated with total rewards programs, including financial and reputational risks.
  • Vendor Management: Manage relationships with external vendors and service providers, including negotiating contracts and ensuring high-quality service delivery; oversee vendor performance, addressing issues and ensuring alignment with the organization’s total rewards strategy; evaluate and recommend new vendors as needed to enhance the company’s total rewards offerings.
  • Compliance and Reporting: Ensure compliance with all applicable federal, state, and local regulations related to compensation and benefits; prepare and present reports to senior leadership on total rewards programs, costs, and effectiveness; manage audits and ensure accurate reporting of compensation and benefits data.
  • Physical Demands: While performing the duties of this job, the employee is regularly required to talk and hear; and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion the incumbent may be required to stoop, bend or reach above the shoulders. The employee must occasionally lift up to 25 - 50 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision and ability to adjust focus. Occasional travel.

Responsibilities

  • Lead the design, implementation, and management of compensation structures, benefits programs, and other rewards initiatives.
  • Oversee the design and administration of base salary structures and job architecture: Conduct market analysis to ensure competitive positioning and equity within the company; manage the annual compensation review process, including merit increases, and salary adjustments.
  • Oversee the management of employee benefits programs, including health and wellness, leave management, retirement plans, life and disability insurance, and other offerings; ensure compliance with legal and regulatory requirements, and manage relationships with benefits providers and consultants; evaluate, recommend and enhance benefits programs to meet the changing needs of the workforce.
  • Utilize data analytics to assess the effectiveness of compensation and benefits programs and make data-driven recommendations for improvement; prepare and present reports to senior management on total rewards trends, costs, and effectiveness.
  • Ensure that all compensation and benefits programs comply with federal, state, and local regulations; monitor and manage risks associated with total rewards programs, including financial and reputational risks.
  • Manage relationships with external vendors and service providers, including negotiating contracts and ensuring high-quality service delivery; oversee vendor performance, addressing issues and ensuring alignment with the organization’s total rewards strategy; evaluate and recommend new vendors as needed to enhance the company’s total rewards offerings.
  • Ensure compliance with all applicable federal, state, and local regulations related to compensation and benefits; prepare and present reports to senior leadership on total rewards programs, costs, and effectiveness; manage audits and ensure accurate reporting of compensation and benefits data.

FAQs

What is the role of the Senior Director Total Rewards at Generac?

The Senior Director Total Rewards is responsible for leading the design, implementation, and management of compensation structures, benefits programs, and other rewards initiatives to ensure competitiveness, compliance, and alignment with the organization's total rewards strategy.

What are the key responsibilities of this position?

Key responsibilities include overseeing compensation management, benefits administration, data analysis and reporting, compliance and risk management, vendor management, and preparation of reports for senior leadership.

What qualifications are needed for the Senior Director Total Rewards position?

While specific qualifications are not provided in the job description, typically candidates should have extensive experience in total rewards, compensation and benefits design and administration, data analysis, vendor management, and a strong understanding of relevant legal and regulatory requirements.

Is this position eligible for remote work?

Yes, this position supports a hybrid format, allowing for some remote work.

What types of benefits are managed under the Senior Director Total Rewards role?

Benefits managed include health and wellness programs, leave management, retirement plans, life and disability insurance, and other employee offerings.

Will I be involved in vendor management in this position?

Yes, the Senior Director Total Rewards will manage relationships with external vendors and service providers, including negotiating contracts and overseeing their performance.

Are there physical demands associated with this job?

Yes, the job requires regular talking and hearing, using hands to manipulate objects, standing and walking, and occasionally lifting up to 25-50 pounds, along with significant computer-based work.

How does this role contribute to the company's compliance and risk management?

The Senior Director Total Rewards ensures that all compensation and benefits programs comply with federal, state, and local regulations and monitors financial and reputational risks associated with total rewards programs.

What kind of data analysis is expected in this role?

The Senior Director Total Rewards will utilize data analytics to assess the effectiveness of compensation and benefits programs and make data-driven recommendations for improvement.

Is there room for innovation in the rewards programs?

Yes, the role encourages evaluating and enhancing benefits programs to meet the changing needs of the workforce, fostering a culture of innovation within total rewards initiatives.

Generac Power Systems

Energy
Industry
5001-10,000
Employees
1955
Founded Year

Mission & Purpose

Generac is a leading energy technology company committed to powering a smarter world. Our purpose is to lead the evolution to a more resilient, efficient, and sustainable world through our backup and prime power systems. As a company, we are committed to sustainable, cleaner energy products poised to revolutionize the 21st century electrical grid. Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generators. Generac’s people contribute to the company’s growth and success by living our corporate values everyday - integrity, innovation, agility, teamwork, and excellence. We foster a culture that supports diversity, equity, inclusivity, and good corporate citizenship, globally. If you're interested in powering your future with Generac, visit www.generac.com/about-us/careers to find a position that fits your career goals and celebrated talents.