Director of Total Rewards
CVS Pharmacy - Chicago, IL
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Job DescriptionThe Director of Total Rewards will provide hands-on leadership for the planning, deployment and management of Total Rewards programs including Compensation, Benefits & Wellness and other employee focused programs (spot awards, service awards, team member recognition). You must be comfortable working and communicating remotely, as our whole team works remotely.DAY-TO-DAY RESPONSIBILITIES: Contribute to the development of the total reward strategy across the North America business and functions, in collaboration with others, assuring internal equity and external competitiveness Partner with the global total rewards team to ensure alignment and execution of global processes Developing health and welfare benefit strategies and directing the design, implementation, communication and cost control of health and welfare benefit programs Providing leadership, guidance and direction while ensuring the regional deployment of the company's compensation programs including annual salary planning/merit increases process, salary structures, variable pay and other incentive programs to ensure alignment with company's goals, initiatives, and budget Working in partnership with external vendors and consultants in both compensation and benefit arenas to ensure the company is positioned competitively and stays current on trends/changes in both the utility industry and general industry Evaluating the effectiveness of existing regional compensation and benefit programs, policies and guidelines and ensuring they are market competitive, cost-effective, aligned with corporate goals and are in compliance with company policies, federal legislation and other government and regulatory requirements Developing and executing a comprehensive communication strategy for compensation and benefit programs and identifying opportunities to better enable the company to improve employee engagement, facilitate proactive and effective messaging and cadence, and support the company's growth and strategic plan Playing a critical role in the due diligence process and comprehensive review of all compensation and benefit plans for new ventures, mergers, and acquisitions Thrive working in fast-paced, high growth environments Get excited about building something from the ground up Enjoy being involved in shaping processes and employee experience Have agility and ability to adapt and lead change organizationallyPay RangeThe typical pay range for this role is:Minimum: 100,000Maximum: 221,000Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.Required Qualifications Possess progressive compensation and benefit programs expertise Have experience with integration/mergers and acquisition Demonstrate strong leadership experience with involvement in execution and the development of strategic initiatives Effectively lead people and get results through others Support results-oriented business results through in-depth knowledge and experience in effectively leading the wide spectrum of compensation and benefits programs and practices Possess knowledge of legislation governing benefit plans (ERISA, COBRA, HIPAA, FMLA, PPACA). Ability to identify and implement cost-effective financial programs Has a knack for influencing without authority and challenging the status quo to provide feedback to executive leadership Capable of building trusting relationships to develop organizational capabilities within supported teams Think strategically and analytically Passionately drive results Well-organized and able to meet deadlinesPreferred Qualifications CCP and/or CEBS certification preferredEducationBachelorsBusiness OverviewBring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand - with heart at its center - our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.
Created: 2024-09-07