Director, Rewards; Remote

Director, Total Rewards

The Director, Total Rewards serves as a strategic leader responsible for the strategy, design, and development of total rewards. This includes leading the annual compensation review, managing effective base pay, developing variable and bonus compensation targets, health and welfare programs, a variety of rewards and recognition programs, and retirement plan for our expanding global workforce. This role will lead the total rewards strategy for Optiv by building a cohesive set of programs that align employees' needs to business strategy and enhance attraction and retention of our workforce.

This role reports directly to the Senior Vice President of Human Resources (SVP, HR) and serves as a member of the Optiv HR Leadership Team (HRLT). The details below refer to compensation and benefits in multiple countries (USA, India, and Canada) with employees spread throughout.

How you'll make an impact

• Partner with business leaders and HR leadership to develop global, strategic, total rewards strategy
• Provide executive leadership with strategic total rewards program enhancements that will enable the attraction, development, and retention of talent
• Design and recommend global compensation and benefits programs by assessing Optiv's future needs, reviewing competitor and general industry practices, and analyzing cost impact/effectiveness
• Develop and coordinate communication strategies and activities designed to educate and inform Optiv about total rewards
• Review benefit premium rate contribution, claims and utilization data on an annual basis; analyze and interpret data for trends, improvements, and efficiencies
• Coordinate and lead the 401(k) administration and investment committee
• Collaborate with Talent Partners, HR Business Partners and business leaders to understand their issues related to compensation and benefits. Provide counsel and build solutions appropriately (e.g. training for Managers on how to have a compensation conversation)
• Own and evolve our Total Rewards programs and scalable strategy targeted at retaining Optiv's competitive position, engagement, and retention
• Provide subject matter expertise and accurately interpret, counsel, communicate, and educate HR Business Partners, managers, and executives on pay decisions, policy and guideline interpretations, and job evaluations
• Manage payroll and benefits for the India entity of 650+ employees
• Direct the benchmarking efforts associated with the rewards mechanics and elevate our understanding of competitiveness
• Collaborate with Finance and executive leadership to build and manage cyclical and non-cyclical compensation budgets. Ensuring we generally have what we need
• Responsible for analysis, design, compliance, communication, implementation, administration, monitoring and reporting of health, life, disability, and other benefit programs
• Oversee all vendors, consultants and outsourced relationships for the department
• Provide oversight and guidance of internal procedures to ensure compliance and consistency. Ensures that all welfare and retirement plans (health, dental, vision, life, disability, FSA, 401(k), etc.) meet legal, regulatory and audit compliance (ERISA, 5500 Filings, SPD's, SBC's, COBRA, FMLA, HIPAA, ADA, ACA, GINA, etc.)
• Evolve current salary pay band structures that integrate job bands, grade levels, and promotion guidelines into the total rewards programs
• Lead all global compensation processes (base and variable pay, merit, promotions, bonuses) including plan design, market competitiveness, distribution and sign off
• Focus on health and welfare plan management that includes strategic and tactical planning as well as ongoing administration of the plans and open enrollment cycles
• Supervise renewals, census, maintenance of enrollment, application, and claims records for all benefits plans
• Maintain expert knowledge of benefit laws/regulations, provide oversight and guidance of internal procedures to ensure compliance and consistency.
• Partner with brokers and insurance carriers to create and implement annual wellness initiatives; analyze ROI regarding the programs
• Propose policies and procedures to ensure that the company's total…