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Senior Director, Total Rewards

Forter
United States - New York, United Statesfull_timeVerifiedPosted 8 Feb 2024
💰 $250,000/yr($199,000/yr$250,000/yr)

About the role

About the role:

As Forter’s Total Rewards Leader, you will play a critical role in designing, implementing, and managing the organization's total rewards strategy to attract, retain, and motivate talent. This leadership position requires a comprehensive understanding of compensation, benefits, and other elements of total rewards, as well as the ability to align these programs with the overall business strategy. The Total Rewards Leader will collaborate with key stakeholders, including HR, executive leadership, and external consultants, to ensure the organization's total rewards programs are competitive, effective, and aligned with industry best practices.

What you’ll be doing:

  • Develop and articulate a comprehensive total rewards strategy that aligns with the organization's business objectives and talent management goals.
  • Lead the design, implementation, and administration of the organization's compensation programs.
  • Conduct regular compensation benchmarking to ensure that salary structures, bonuses, and other incentives are competitive in the market.
  • Collaborate with HR and executive leadership to ensure pay equity and fairness across the organization.
  • Working with brokers, oversee the design, communication, and administration of employee benefit programs, including health, wellness, retirement, and other perks.
  • Monitor industry trends and regulatory changes to ensure the organization's benefits packages are up-to-date and compliant.
  • Develop and manage employee recognition and rewards programs to foster a positive and motivating work environment.
  • Implement performance-based incentive programs that align with organizational goals.
  • Utilize data analytics to assess the effectiveness of total rewards programs and make data-driven recommendations for improvements.
  • Develop and deliver communication strategies to effectively educate employees about total rewards programs.
  • Provide guidance and support to HR and management in communicating total rewards information to employees.
  • Manage relationships with external vendors and consultants, including benefits providers and compensation survey firms.
  • Working with External Vendor, prepare and own all executive compensation materials.

What you’ll need:

  • Bachelor's degree in Human Resources, Business Administration, or a related field (Master’s degree or relevant certifications are a plus).
  • 12-15 years minimum experience  in total rewards, compensation, and benefits management.
  • Strong understanding of market trends, industry benchmarks, and regulatory requirements.
  • Excellent analytical, problem-solving, communication and presentation skills.
  • At least 5 years in  leadership role with the ability to collaborate with cross-functional teams.
  • High level of integrity and discretion when dealing with sensitive employee information.
  • Familiarity with HRIS (Human Resources Information Systems) and data analytics tools.
  • Experience presenting to BOD on Compensation Related Matters

About us:

Digital commerce is built on trust. At every point along the eCommerce journey, businesses must make a critical decision: Can I trust this customer? Answering this simple question accurately and instantly is powerful—it can accelerate revenue growth and strengthen a company’s connection with its customers. How do we do it? Forter was founded on the insight that it's not about what is being purchased, nor where— but who is behind the interaction.

The Forter Decision Engine finds patterns across more than one billion identities in our dataset. We isolate fraudsters and protect customers—ensuring everyone gets the experience they deserve.  Given that trust is central to how we operate, Forter is very much driven by a defined set of values. We attract remarkable talent and have retention and engagement levels that are well above benchmarks. We’re meticulous about strengthening our culture as we grow and ensuring this is an environment where people can have outsized impact. 

Trust is backed by data –  Forter is a recipient of over 10 workplace and innovation awards, including: