VP, Total Rewards (Hybrid)

Belk • Charlotte, NC

60d • Hybrid

About The Position

The Vice President of Total Rewards defines, develops and implements strategic compensation and benefits initiatives to coincide with the Belk vision, culture and strategic plans. This hands-on role leads a team that provides expertise and communication in all areas relating to compensation, benefits, and wellness/ wellbeing programs. The Vice President of Total Rewards will lead the design and implementation of all benefits and compensation practices, inclusive of managing 401K and other retirement plans.

Requirements

• Bachelor's degree required
• 10+ years of applicable experience required
• HR, Compensation and Benefits leadership experience required
• Proven track record in designing and implementing total rewards strategy
• Ability to analyze business needs and craft practices to support them
• Excellent communication skills and ability to work with all levels within the organization
• Strong team orientation and collaborative style
• Pragmatic, quick thinking and action oriented
• Strong leadership skills
• Highly adaptable to changing business conditions and priorities

Responsibilities

• Align total rewards strategy to drive the performance of the business, considering competitive positioning, ROI and Belk culture
• Maintain/refine a relevant employee benefits strategy for the company. Bring thought leadership to defining the employee benefits proposition for the future, addressing what Belk should provide team members considering competitive standards, costs, and liability and team member interests.
• Develop overall company strategy for compensation and incentive programs. Ensure market analysis is conducted periodically to ensure Belk maintains competitive and fair compensation and incentive packages.
• Partner and consult with senior management, working with an Investment Committee for retirement benefits
• Research and evaluate new compensation and benefits trends
• Ensure compliance with applicable law, government regulations and internal controls
• Analyze and assess market data, incorporating industry trends and best practices into compensation/benefits total rewards strategy.
• Strategize new and effective channels for communicating and marketing Total Rewards and wellness/wellbeing initiatives and programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Industry: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers
• Number of Employees: 5,001-10,000 employees