Manager, Total Rewards

Ford

About The Position

Manages administration and implementation of Rewards (Compensation and Benefits) programs that align with the organization's overall business goals, with fairness and consistency in a timely manner. Participates in the design and manages administration of compensation programs, including salary structures, bonus plans, and incentive schemes. Conducts Rewards plan evaluation and analysis to monitor the effectiveness of existing corporate practices, ensuring that the policies are cost-effective and as per the latest compensation trends. Manages a team of specialists and associates to administer and execute employee benefits programs, such as health insurance, retirement plans, wellness initiatives, and other related offerings. Collaborates with cross-functional HR team to align total rewards programs with the performance management system and implements multiple compensation matrices. Develops and monitors KPIs associated with compensation and benefits programs to ensure and evaluate the program's effectiveness; Develops internal reporting templates for senior HR management, HRBPs, and Total Rewards teams and populates them. Coordinates with Specialists, HR People Leaders, and employees for appropriate implementation of Total Rewards policies ensuring compliance and consistency. Ensures compliance with employment laws, regulations, and company policies. Continuously reviews and updates the program's strategy to remain competitive in the job market and industry. Participates in vendor management by managing vendor research, tracking vendor progress, etc. to help with the roll-out and maintenance of Total Rewards programs. Participates in the delivery of communications related to Rewards policies and procedures to employees, HRBPs, and HR / Business Leadership. Facilitates and proactively communicates to HR business partners and leadership on inflation, wage inflation, trends, and how to position these topics with employees. Works with HRBPs, Talent Acquisition teams, and business teams to develop a job evaluation system including appropriate job classifications, salary levels, and salary adjustments. Ensures internal equity and consistency in compensation decisions. Oversees the maintenance of accurate and confidential records and data related to Total Rewards matters. Prepares reports and analytics to monitor Total Rewards trends and identify areas for improvement or intervention. Performs talent management responsibilities including performance management, disciplinary action, terminations, recruitment, pay decisions, and other personnel actions for the Total Rewards function. Established and active employee resource groups

Requirements

Bachelor's Degree or Master's Degree (preferred) in Human Resources, Organizational Development, Finance, or any other related discipline or commensurate work experience
Minimum 5 years of work experience with a Master's degree or 8 years of work experience with a Bachelor's degree, preferably in Total Rewards or a related field
Involves occasional (defined as one-third or less of the time) lifting of no more than 10 pounds at a time
Work is performed primarily in a seated position and entails no significant stooping, standing, climbing, walking, etc.
Many sedentary jobs require good use of the hands and fingers for repetitive hand-finger actions
Working conditions occur within low to moderate noise levels related to the use of standard office or classroom equipment

Nice To Haves

Senior Professional in Human Resources (PHR) (Preferred)
Certified Compensation Professional (Preferred)
Certified Benefits Professional (Preferred)

Responsibilities

Manages administration and implementation of Rewards (Compensation and Benefits) programs
Participates in the design and manages administration of compensation programs
Conducts Rewards plan evaluation and analysis
Manages a team of specialists and associates to administer and execute employee benefits programs
Collaborates with cross-functional HR team to align total rewards programs with the performance management system
Develops and monitors KPIs associated with compensation and benefits programs
Develops internal reporting templates for senior HR management, HRBPs, and Total Rewards teams and populates them
Coordinates with Specialists, HR People Leaders, and employees for appropriate implementation of Total Rewards policies ensuring compliance and consistency
Ensures compliance with employment laws, regulations, and company policies
Continuously reviews and updates the program's strategy to remain competitive in the job market and industry
Participates in vendor management
Participates in the delivery of communications related to Rewards policies and procedures to employees, HRBPs, and HR / Business Leadership
Facilitates and proactively communicates to HR business partners and leadership on inflation, wage inflation, trends
Works with HRBPs, Talent Acquisition teams, and business teams to develop a job evaluation system
Ensures internal equity and consistency in compensation decisions
Oversees the maintenance of accurate and confidential records and data related to Total Rewards matters
Prepares reports and analytics to monitor Total Rewards trends and identify areas for improvement or intervention
Performs talent management responsibilities including performance management, disciplinary action, terminations, recruitment, pay decisions, and other personnel actions for the Total Rewards function