Vice President, Total Rewards

at Rocket Software in Springfield, Illinois, United States

Job Description

It’s fun to work in a company where people truly BELIEVE in what they’re doing!

Job Description Summary:

The Vice President of Total Rewards provides strategic and operational leadership for executive and broad-based compensation, benefits and recognition programs worldwide. The VP is the creative thought leader who brings contemporary ideas and innovative approaches with the capacity to drive enterprise-wide understanding and engagement in the global Total Rewards philosophy and programs.

The Vice President Total Rewards is a member of the People Leadership Team and operates at a strategic level in collaboration with senior executives and at a tactical execution-oriented level to ensure successful program implementation.

This Vice President leads all facets of total rewards including general compensation, executive compensation, international compensation, sales/incentive compensation, equity programs, US and international benefit design and management, vendor selection and management, and communication programs supporting 3,000 global employee base and growing.

Essential Duties and Responsibilities :

+ Establishes the global Total Rewards strategy in conjunction with the SVP, Chief People Officer.

+ Partners across the People Team with functional leaders, People Business Partners and other key stakeholders to identify Total Rewards opportunities.

+ Ensures that compensation and benefits programs are fair, motivating, aligned with performance and leveraged effectively to enhance the employee experience.

+ Serves as a thought leader in the Total Rewards area, proposing contemporary design ideas and providing consultative guidance to executive business leaders.

+ Directs the design, implementation and maintenance of a competitive base compensation structure and analyzes pay practices to ensure equity and fairness.

+ Prepares materials for the CPO and Board Compensation Committee as the internal expert on executive compensation matters, staying apprised of relevant trends.

+ Ensures incentive program designs are aligned with a pay-for-performance philosophy and administered flawlessly.

+ Directs the development of training and communication programs to ensure the management team understands the organization’s pay-for-performance philosophy and colleagues understand how they are compensated.

+ Creates processes to ensure that annual compensation and benefits spending is within budget.

+ Ensures benefit programs are contemporary in their design, attractive to and valued by colleagues, cost effective, communicated effectively and compliant with all applicable regulations.

+ Drives the adoption of a global benefits philosophy that effectively balances key principles with local customs, talent market competitiveness and costs in local markets.

+ Leads due diligence efforts related to compensation & benefits.

+ Leads harmonization efforts of legacy and newly acquired company’s compensation and benefits programs.

+ Develops and maintains effective resources and methods to evaluate and manage the Total Rewards strategy.

+ Drives operational efficiency within Total Rewards, maximizing technology to ensure accuracy and efficiency.

+ Ensures that Service Level Agreements are established for major processes and holds the team accountable to a high standard of delivery.

+ Cultivates and nurtures a high performing, highly engaged team of Total Rewards professionals, developing talent and creating a reliable succession plan for the group.

Required Qualifications:

+ At least 15 years of experience in Compensation and Benefits

+ Executive compensation experience (Private Equity or Public)

+ International compensation experience (eastern and western Europe, India, Asia)

+ Progressive leadership and management experience in Total Rewards design.

+ In-depth knowledge of the benefits marketplace including differences between insurers, marketplace trends, benchmarking and changes in the legislative framework affecting benefits.

+ Current knowledge of related government rules and regulations, including, but not limited to ERISA, FLSA, FMLA, ADA, ADAA, COBRA, OSHA, HIPAA, Workers’ Compensation, and other applicable Labor and/or Tax laws and regulations.

+ Very strong Excel skills, including pivot tables and financial modeling.

+ Outstanding technical, managerial, and team building skills with the ability to balance tactical and strategic responsibilities.

+ Exceptional verbal and written presentation skills, including the ability to prepare and present materials for audiences at all levels of the organization.

+ Superior analytical and problem-solving skills with proficiency in People systems and programs.

+ Highly developed quantitative analysis skills with superior business acumen.

+ Workday design/implementation experience is a plus.

+ Bachelor’s degree (or higher) in Human Resources, Business Administration, Finance or similar relevant discipline.

The base salary range for this role is $251,446.00 – $314,307.50 /year. Exact compensation may vary based on skills, experience, and location.

.

What Rocket Software can offer you in USA:

Extensive paid time off programs (paid holidays, sick, and unlimited vacation time)

Healthcare coverage options to fit you (and your family’s) needs

Retirement savings, with matching contributions by Rocket Software

Life and disability coverage

Leadership and skills training opportunities

Two paid work days for off-site training

EOE M/F/Vet/Disability. Rocket Software Inc. is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. Rocket Software Inc. is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

Rocket is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please call: 781-577-4321 or send an email to people@rocketsoftware.com. We will make a determination on your request for reasonable accommodation on a case-by-case basis.

\#LI-Remote

If you like wild growth and working with happy, enthusiastic over-achievers, you’ll enjoy your career with us!

Thousands of companies around the world depend on Rocket to solve their most challenging business problems by helping them run their critical infrastructure, business processes, and data, as well as extending the value of these assets to take advantage of cloud and mobile computing, advanced analytics, and other future innovations. From the clothes we wear to the cars we drive, Rocket solutions power the back-end systems that thousands of brands interact with every day. At Rocket, software has always been about people-not just ones and zeroes. We’re people solving problems for other people, and we strive to treat our customers, partners, and fellow Rocketeers with humanity. Founded in 1990, Rocket Software is headquartered in Waltham, Massachusetts with 31 offices around the world.