Director Compensation and Benefits

Director Compensation and Benefits

 

The Director, Compensation & Benefits will be responsible for creating and executing the strategic direction of Shearer’s Snacks compensation and benefits programs under the direction of the Chief Human Resources Officer. The position is responsible for the management, administration, creation and development of Total Rewards programs to support and align with business objectives and strategies. The role will drive the design, planning, implementation and appropriate communication of compensation and benefit programs to include: benefits (medical, dental, vision, prescription, optional ), base pay, variable pay, pay structures, and other incentive programs offered to Shearer’s Snacks team members. The role is responsible for ensuring an operationally sound, pragmatic and analytically based approach to solutions across the function to produce consistent, high-quality and compliant compensation and benefit practices. 

Essential Duties and Responsibilities

  • Must be approachable and connected to our Team Member’s perspective in our plants, warehouses and DCs.

  • Partner with HR Team and Finance to create recommendations for senior management and the Board Compensation Committee.

  • Deliver a smooth and successful Benefits Enrollment each year

  • Facilitate new plan design set-up each year with solution provider; ensure system accuracy prior to production through system pre-tests. Implementation of communication plan and deliverables.

  • Serve as primary knowledge source of existing health plans, and provides support. Responsible for all regulatory findings. Create and provide monthly reports to external broker regarding employee contributions/employer contributions to its various health and related plans.

  • This role will set strategy to develop and maintain competitive base and incentive compensation structures (including Long and Short term bonus programs) designed to attract and retain exceptional talent.

  • Selection and Management of benefits brokers to make recommendations on strategic benefits changes tailored to the organization; ensure benefits planning takes pending ACA regulations into account

  • Manage compensation and benefits vendor relationships, including managing the RFP process for vendor selection and/or retention.

  • Implement and administer employee health and wellness plans globally (Medical, Dental, Vision, Flexible Spending, COBRA, and Disability), including enrollments and terminations.

  • Administer 401(k) plan, including year-end reporting, compliance testing, communicating plan changes to employees, and updating and coordinating the enrollment processes.

  • Ensure compensation and benefit systems are appropriately linked to business strategic objectives and efficiently support the organization. Collaborate with the Senior Director of HR and other members of the Leadership Team to understand and articulate implications of the Company's strategic business goals in terms of appropriate reward and incentive programs. Provide oversight of the annual compensation cycle and related communications, partnering closely with Human Resources Business Partners to ensure the effective execution of the cycle with business leaders.

  • Monitor external total reward practices and trends globally to identify compensation and benefit issues and opportunities. Conduct research to identify trends and best practices that align with the culture and business objectives. Incorporate as appropriate in the design, development and implementation of total reward plans and programs.

     

Qualifications

  • Bachelor's degree in human resources, business, or related discipline or equivalent combination of education and experience; advanced degree preferred.

  • 10 years (minimum)of experience in the design and delivery of compensation and benefits programs

  • Experience in developing and directing the implementation of the benefits strategy for a multi-site company in USA (experience in Canada a plus) and all filing, audit and legal responsibilities; ability to manage broker and vendor relationships effectively

  • Act as a key member of the team conducting due diligence and integrations relative to potential mergers and acquisitions or expansions

  • Experience with executive compensation, compensation and benefits consulting, and mergers and acquisitions a plus

     

    Shearer’s Snacks is an Equal Opportunity-Affirmative Action Employer – Minority / Female / Disability / Veteran / Gender Identity / Sexual Orientation

     

    To all recruitment agencies Shearer’s Snacks does not accept agency resumes. Please do not forward resumes to our jobs alias, employees or any other company location. Shearer’s is not responsible for any fees related to unsolicited resumes.