Director of Total Rewards

at  MCR Health Inc

POSITION SUMMARY:

The Director of Total Rewards is a key leadership role within the Human Resources (HR) department, responsible for designing, implementing, and managing the compensation and benefits programs at MCR Health. This position plays a critical role in attracting, retaining, and motivating employees by ensuring that the total rewards package is competitive, aligned with organizational objectives, and compliant with relevant laws and regulations.

REQUIREMENTS & PREFERENCES:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field preferred (Master’s degree preferred)
• 8+ years of progressive experience in compensation and benefits, with at least 3 years in a leadership role required
• Experience designing and administering benefits programs, including health insurance, retirement plans, and wellness initiatives
• Strong knowledge of compensation principles, practices, and trends
• Familiarity with executive compensation principles and governance practices
• Excellent analytical skills, with the ability to interpret data and make data-driven recommendations
• Strong communication, interpersonal, and presentation skills
• Knowledge of relevant laws, regulations, and compliance requirements related to compensation and benefit
• Certification such as Certified Compensation Professional (CCP) or Certified Employee Benefits Specialist (CEBS) is a plus
• Microsoft Office Products - Word, Excel, Outlook, PowerPoint proficiency preferred
• Supports the goals and mission of MCR Health Services
• Adheres to the safety policy of MCR Health Services
• Performs other duties as assigned

• Develop and implement compensation strategies that support the organization’s business goals and objectives
• Oversee performance management, compensation and benefits, and employee engagement
• Conduct market research and analysis to ensure that the organization’s compensation practices are competitive and equitable
• Design and administer salary structures, incentive plans, and other compensation programs
• Oversee the design, implementation, and administration of employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks
• Evaluate benefit offerings to ensure they meet the needs of employees and remain competitive in the marketplace
• Manage relationships with benefit providers and vendors
• Develop and administer executive compensation programs, including salary, bonuses, equity awards, and other incentives
• Ensure that executive compensation practices align with corporate governance principles and regulatory requirements
• Provide guidance and support to senior leadership on executive compensation matters
• Collaborate with HR colleagues to integrate compensation and performance management systems.
• Monitor and evaluate the effectiveness of incentive programs and recommend adjustments as needed.
• Ensure that compensation and benefits programs comply with relevant laws, regulations, and industry standards
• Stay informed about changes in legislation and regulatory requirements related to compensation and benefits
• Work closely with legal counsel to address compensation and benefits compliance issues and mitigate risks
• Provide education and guidance to employees on how to maximize their total rewards package
• Address employee questions, concerns, and issues related to compensation and benefits
• Utilize data analytics to assess the effectiveness of compensation and benefits programs
• Analyze compensation and benefits data to identify trends, areas for improvement, and opportunities for cost savings
• Prepare regular reports and presentations for senior leadership