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Senior Director, Total Rewards
Location
United States
Posted
85 days ago
Salary
$174.4K - $240K / year
Seniority
Lead
No structured requirement data.
Job Description
Senior Director, Total Rewards
Inovalon
Role Description The Senior Director, Total Rewards is responsible for developing, designing, and implementing broad-based total rewards (i.e., compensation, benefits, recognition, incentive, and well-being) programs enterprise-wide, supporting short- and long-term strategic business, operational, and talent objectives. The Senior Director collaborates with the broader HR organization and business leaders to identify strategic or transactional opportunities and to design and implement performance-driven and market-competitive solutions. Additionally, the Senior Director leads the design and delivery of various initiatives and programs to support alignment with the Company’s values, job architecture, compensation philosophy, and employee experience; and supports corporate strategic initiatives, including M&A activities. Duties and Responsibilities - Collaborate with Inovalon business unit and executive leaders to develop and implement the enterprise-wide total rewards strategy, guidelines, and policies. - Manage the compensation and benefits team members to ensure alignment with strategic, operational, and service goals. - Analyze, compile, research, and validate data to ensure accuracy and appropriateness of analytics. - Design and prepare reports and presentations to articulate various total rewards analyses. - Lead the analysis, planning, and delivery of the executive compensation program. - Develop and implement controls to ensure consistent accuracy in data, reports, and analytics. - Assess compensation and benefits market trends and best practices to inform executive leadership. - Lead the design and maintenance of the company-wide job description records. - Manage the annual spend against budget and oversee vendor contracts. - Lead and manage the planning and delivery of all annual compensation and benefits programs. - Partner with HRIS, People Services, and Talent Management to ensure seamless integration of total rewards policies. - Fulfill other HR, talent, or business management duties as requested. - Maintain compliance with Inovalon’s policies and procedures. - Adhere to all confidentiality and HIPAA requirements. Requirements - Minimum fifteen (15) years of increasing responsibility with total rewards program analysis, design, and administration. - Minimum five years experience leading a geographically diverse team. - Mergers and Acquisitions (M&A) integration and job mapping experience. - Experience designing and implementing Executive Compensation programs and policies. - Experience in salary and incentive plan design, sales compensation, and employee benefits. - Experience building complex total rewards financial models. - Advanced knowledge of North American compensation and benefits practices. - Foundational understanding of Indian compensation and benefits practices. Education - Bachelor’s degree or equivalent education or career experience. - Certified Compensation Professional (CCP) or Professional in Human Resources certification (PHR/SHRM) preferred. Physical Demands and Work Environment - Sedentary work (i.e., sitting for long periods). - Exerting up to 10 pounds of force occasionally. - Travel for this position will be less than 10% within the USA. Benefits - Competitive salary and benefits package. - Performance-based incentives may be available. - Health insurance, life insurance, company-paid disability, 401k. - 18+ days of paid time off.
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