Total Rewards Manager Job at Tegus
Tegus is the leading market intelligence platform for key decision makers. We power some of the world’s most well-respected institutional investors, corporations, and consultancies through the largest and most comprehensive database of primary and market information. Our products and services enable clients to discover unmatched insights and answers to the most challenging questions they face to help them make better informed decisions.
The Total Rewards Manager will serve as a partner to the Director of People Operations by leading strategy, compliance and administration for all of Tegus’ total rewards programs while serving as the go-to expert in their field. You will be instrumental in ensuring our total rewards programs and tools are crafted to attract, reward, and retain top talent to fuel our next chapter of growth. The Total Rewards Manager will work closely with internal stakeholders across the organization and will leverage data-driven insights that facilitate the design of innovative, cost-effective, and market-competitive programs to support Tegus team members and the company’s strategic priorities. In addition, you will be responsible for enhancing the employee experience, building a great place to work, and assuring we are delivering relevant and meaningful total rewards offerings through clear communication and effective programs.
Responsibilities
- Partner with HR & Business Leadership to define, develop, communicate and execute a competitive total rewards strategy to include health and welfare benefits, 401k, paid time off programs, compensation, and other reward & recognition programs, that are cost-effective and consistent with labor market trends and organizational objectives.
- Evaluate, redesign and administer health and welfare, retirement and leave of absence benefit programs, including negotiating with insurance carriers and vendors, handling broker and vendor relationships, supervising annual renewals, and leading open enrollment, to increase effectiveness and impact of programs, while ensuring coordination and understanding of programs and compliance with state/government regulations.
- Support the annual compensation process to include assisting with salary planning, merit budget, salary adjustments, internal equity reviews, annual incentive grants and promotions; provide guidance and develop creative solutions on a variety of compensation matters including the setting of appropriate pay grades and FLSA status, defining and implementing salary structure ranges based on market data, and position leveling.
- Develop and implement comprehensive and effective compensation & benefits communication strategies and trainings; build and maintain content for employees and candidates; serve as subject matter expert and escalation point to employees, managers and HR Representatives for all Total Reward programs.
- Ensure adequate processes, controls, compliance reviews and audits (including 401(k), Form 5500, etc.) are in place and are completed successfully for compensation and benefits programs; utilize job descriptions to perform FLSA audits in compliance with federal regulations to ensure proper classification of positions.
- Establish, build, and maintain dashboards and reporting mechanisms to measure key compensation, benefit and engagement data which validate total rewards programs' effectiveness and identify trends; analyze data and prepare reports as necessary for Board of Directors, Company Officers, Executive Team and other leadership across the organization.
- Prepare and manage compensation and benefits program documents, including pay policies, incentive plan documents, etc.; ensure required documents are processed through payroll and carriers to ensure accurate recordkeeping and proper payroll deductions.
Qualifications
- 5+ years of progressive experience managing total rewards in a multi-state or international corporate environment with multiple entities, office locations, and divisions, preferably in a technology or consumer products startup environment.
- Demonstrated understanding of how to evaluate, design, implement, and administer health benefits (including self-funded and fully-insured plan dynamics), retirement plans, leaves of absence, accommodations, workers' compensation, and wellness programs throughout the US. International experience is a plus.
- Thorough knowledge of State and Federal wage and hour laws including FLSA and all pertinent federal and state regulations, filing and compliance requirements affecting compensation and benefits programs, including ERISA, COBRA, FMLA, ADA, Section 125, Workers Compensation, Medicare, HSA/FSA, PFL, and sick pay.
- Experience with compensation banding, job leveling, market analysis, and internal equity reviews is preferred.
- An understanding of how to account for diversity, equity, and inclusion when making Total Rewards recommendations.
Benefits & Perks
- Comprehensive medical, dental, and vision plans.
- 401K plan with an employer match.
- Parental leave for all parents.
- All employees are granted equity through our Restricted Stock Units (RSU) Program.
- Unlimited paid vacation, flexible work hours, and 10 observed paid holidays per year.
- Employer-funded long-term disability.
- Fantastic culture with regular virtual company-wide events, including cooking classes, yoga, meditation and more.
- Generous employee referral bonus program.
- The opportunity to attend peer-nominated quarterly DEI events.
- Working for a thriving, performance-based company that values promoting from within, career advancement and transparency.
- Tegus employees are excited to return to a hybrid work schedule beginning in January 2023! This role will require 3 days a week in our Chicago HQ.
- Work from our state-of-the-art office in the heart of Chicago’s Loop featuring standing desks, mother rooms, nursing parent neutral bathrooms, subsidized gym access, and full amenity floor.
- Commuter benefits & a fully stocked kitchen with rotating snacks and beverages.
#LI-Hybrid
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Tegus we are dedicated to building a diverse, inclusive and authentic workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
Tegus, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or veteran status. In addition to federal law requirements, Tegus complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company operates. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Tegus expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, national origin, age, disability, or veteran status.
The only @email addresses we use are @ tegus.co or @ tegus.com . If you receive emails from any other domain (including .us), please assume they are fraudulent and let us know by sending an email to fraudreporting@tegus.com
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