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Manager Total Rewards

Company: Travis Credit Union
Location: Vacaville
Posted on: November 15, 2022

Job Description:

Summary: Travis Credit Union's (TCU) Total Rewards management team is responsible for the ongoing design and administration of TCU's Total Rewards programs. Through creative and relevant market competitive programs, this team is key in supporting and sustaining a high performing culture that attracts, motivates, retains and rewards top talent.Profile:

  • Leads the execution of the credit union's Compensation and Benefits (C&B) strategies and programs to help attract and retain the best talent, all while balancing the bottom line and business objectives, ensuring delivery in a timely and legally compliant manner.
  • Evaluates the effectiveness of existing C&B policies, guidelines and procedures, proposing opportunities for changes to ensure TCU programs are relevant and add value by regularly monitoring market trends; provides data analysis and ROI on total rewards plans.
  • Strategically and collaboratively partners with the People team leadership, and business stakeholders, so as to ensure the success of TCU's Total Rewards programs.
  • Leads, trains, evaluates, coaches, professionally develops and motivates staff to attain department goals. Sets and monitors performance goals. Promotes a work environment that encourages involvement, initiative and teamwork. Builds career development paths for assigned staff.
  • Takes a creative approach, grounded in data, to continuously evolve TCU's Total Rewards philosophy and programs, building repeatable and scalable Total Rewards practices in support of the credit union's goals and objectives while supporting employees.
  • Responsible for ongoing evaluation of C&B programs, including sales and executive compensation, while driving fairness and compliance in pay practices and policies.
  • Designs and manages compensation programs, including salary structure evaluation and design, merit pay processes, job descriptions and classifications, salary budget review, and market compensation (survey participation, job evaluation, salary structure development, executive compensation market movement and ranges, incentive plan design, and associated analysis).
  • Designs and manages benefits programs, potentially to include: health, retirement plans (401k, 457b), life, disability, medical savings accounts, paid time off, and voluntary plans; inclusive of annual audits and compliance reporting.
  • Designs and manages corporate recognition and rewards programs, partnering with business units ensuring compliance for department programs to create an enterprise holistic approach to recognition and rewards.
  • In partnership with People leadership and business stakeholders, designs and implements credit union policies and perquisites, inclusive of employee discounts and educational reimbursement programs.
  • Responsible for compliance with current and future C&B laws in partnership with People Operations, including FLSA, ERISA and ACA.
  • Leads annual strategic planning, in partnership with Finance, on TCU Total Rewards programs and budgets.
  • Continuously develops key C&B program metrics/scorecards to assess the effectiveness of TCU's Total Rewards strategies.
  • Develops strategies to drive employee awareness and understanding of all compensation and benefit programs.
  • Collects and leverages feedback from existing employees to define changes and evolutions to total rewards programs and philosophy.
  • Owns C&B vendor/partner relationships, including but not limited to compensation, benefits, and retirement. Skills:
    • Comprehensive knowledge of C&B concepts and principles.
    • In-depth compensation design and administration experience.
    • Experience in sales compensation plan design and administration.
    • Experience administering compensation and benefits programs.
    • Experience assessing jobs/positions under FLSA and California exemption guidelines.
    • Solid understanding and experience working with ERISA, ACA, HIPAA, COBRA.
    • Experience with both managed and self-funded health and welfare programs.
    • Experience with driving merit planning using both manual and systemic planning tools.
    • Ability to foster teamwork.
    • Meticulous attention to detail with an appreciation of complexity and risk.
    • Natural problem solver with a passion for creating simple solutions.
    • Ability to build employee-centric rewards programs while balancing business goals and financial boundaries.
    • Deep analytical skills with the ability to utilize data to influence decision making.
    • A collaborator that isn't afraid to get in the weeds, and believes that transparency empowers decision-making and ownership.
    • Excellent interpersonal skills.
    • Excellent communication (verbal and written) skills.
    • Detail-oriented, focused on flawlessness in work product and deliverables.
    • Advanced MS Office (Excel, Word, Outlook)Reporting and Requirements:
      • Reports directly to the AVP, Human Resources.
      • Direct supervisory responsibility for the Supervisor, Total Rewards.
      • Overall supervisory responsibility for the Compensation & Benefits team.
      • BA/BS and a minimum of 7 years in Human Resources; or equivalent professional experience.
      • Minimum of 5 years of relevant experience in Compensation and/or Benefits experience.
      • ADP HRIS experience ideal.
      • Minimum of 3 years in supervisory or 5 years in a leadership roleTotal Rewards experience in the FinTech sector preferred with private and public company experience a plus.
      • PHR/SPHR, CEBS, and/or CCP certifications desired.
      • Experience working with HR processes and policies across multi states desired.
      • Experience managing large scale, cross-functional projects.

Keywords: Travis Credit Union, Vacaville , Manager Total Rewards, Executive , Vacaville, California

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