Director – Total Rewards
Company | Certara |
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Location | Villanova, PA, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Expert or higher |
Requirements
- 12+ years Compensation Management experience
- 6+ years benefits design & administration experience
- Ability to synthesize large amounts of data & derive insights to inform business decisions
- Experience in equity/stock administration, processes and reporting requirements
- Experience designing, implementing & communicating benefits and compensation with US scope
- Working functional knowledge of local legal environments pertinent to benefit
- Proven ability to structure priorities and deliver within high pressure, business critical environments
- Ability to balance strategic thinking with tactical delivery for employee and stakeholder satisfaction
- High degree and knowledge reference to their field of expertise
- Ability to manage conflict situations effectively with diplomacy and sensitivity
- Excellent listening, organizational (verbal & written) communication skills
- Strong work ethic, commitment to quality, & proven follow-through skills
- Multitasking talents and the ability to work in a fast-paced environment under changing priorities and demands
- Advanced in Microsoft Office Suite (Excel) and excellent verbal/written communication & presentation skills
- Must be fluent English (written and verbal)
- Experience with excel required & other compensation tools preferred (knowledge of Radford preferable)
- Experience collaborating with HR Business Partners
- Experience working in a matrixed environment with demonstrated competency of working within a global structure with local implementation
Responsibilities
- Develop and implement compensation strategies and programs that align with the organization’s objectives and industry standards
- Conduct market research and benchmarking to ensure competitive compensation practices
- Oversee job evaluation, salary structure design, and play an active role in the annual compensation planning process (i.e. merit, bonus, etc)
- Assist VP Total Rewards & team in further refining and establishing job architecture and related salary ranges & incentive levels across countries
- Independently conduct various compensation market analysis (i.e. functional ladder establishment/refinement) to support various initiatives within/across businesses
- Assist in various incentive plan design efforts; incorporating benchmark/external knowledge of design principles
- Partner with TR, local country HRBPs and Talent Acquisition team members to make recommendations for new hire offers, etc., that aid in attraction and retention of talent
- Oversee salary surveys, custom compensation studies, and pay structure development
- May participate in activities related to sales commission plan design
- Responsible for day to day equity administration & reporting
- In conjunction with US broker, shapes the design, implements, and manages comprehensive benefits programs, including health, dental, vision, retirement plans, and other employee benefits
- Evaluate and negotiate benefits contracts with insurance carriers and vendors to optimize cost and coverage
- Ensure compliance with federal, state, and local regulations regarding benefits and compensation
- In conjunction with benefit broker, monitor and analyze benefits utilization and cost trends to recommend adjustments as needed
- Stay informed on industry trends, regulatory changes, and best practices to ensure compliance with all applicable laws and regulations
- Manage audits and ensure all compensation and benefits practices are in compliance with legal and regulatory requirements
- Responsible for US 401K administration & plan compliance
- Lead and directly manage all wellness initiatives (i.e. fitness challenges, yoga offerings, etc)
- Responsible for Global Benefits—assess various local markets and make recommendations for plan & cost efficiency in/across countries where appropriate
- Develop and deliver communication strategies to ensure employees understand and value the compensation and benefits programs
- Develop compensation & benefit related materials (e.g. benefit summaries for new hires, materials used in local Employee Value Proposition, etc.) to support in our Talent Acquisition processes to convey a competitive local offering/s
- Provide guidance and support to HR business partners and managers on compensation-related matters
- Address employee inquiries and concerns regarding compensation and benefits in a timely and effective manner
- Develop and implement training programs for HR and management staff on compensation and benefits policies and procedures
- Collaborate with other HR functions to integrate compensation and benefits strategies with broader HR initiatives
- Ensure strong, effective partnership with our local payroll to effectively administer relevant Total Rewards programs and actions
- Oversee and ensure clear communications between the Total Rewards team & local stakeholders on all key initiatives and projects
Preferred Qualifications
- Experience with development of benefits tools and systems desirable
- Global Mobility experience is a plus
- Sales commission design experience is a plus
- Additional European languages desirable