Director, Total Rewards
TerrAscend
📍Remote - Worldwide
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Job highlights
Summary
Join TerrAscend as the Director, Total Rewards and lead the company's Enterprise Total Rewards program. You will set the vision for benefits and compensation programs, defining the structure across multiple business units. This remote role requires travel as needed and involves strategic and tactical oversight of a team and collaboration with third-party administrators. Responsibilities include setting compensation policies, overseeing salary reviews, managing equity programs, and directing the implementation of benefits programs. The ideal candidate will possess a Bachelor's degree, extensive experience in compensation and benefits, and a proven ability to manage teams.
Requirements
- Bachelor’s degree in business, human resources, or related field
- 8+ years of progressive experience in compensation and benefits
- 3+ years of managing team of benefits and compensation employees
- Ability to work cross-functionally and drive trust and rapport with departmental and executive leadership
Responsibilities
- Set the vision for, and directs, designs, and plans compensation policies, objectives, and initiatives and recommends changes that are cost-effective and consistent with compensation trends (fair, equitable and attractive) and corporate objectives
- Oversee collection of wage, salary, and incentive survey data to ensure company compensation programs and objectives are competitive and compliant with applicable law
- Plan and administers long and short-term equity programs and executive programs that drive company performance and comply with laws and regulations, under the direction of the Compensation Committee of the Board of Directors
- Support the annual salary review process and payment of bonus in conjunction with departmental heads
- Provide direction for total compensation of newly created roles
- Oversee role or job changes to ensure alignment with compensation structure, and sets overall ranges for roles using market data
- Report to the Compensation Committee of the Board, as needed, with respect to the Company’s Compensation program
- Sets the vision for and oversees the plans and directs the implementation and administration of benefits programs
- Defines and communicates a Total Rewards strategy that is fit for purpose for all employees whether they operate at Corporate, Retail or Grow
- Reviews and analyzes the benefits market to determine employee needs, trends, regulations, and practices, and develops competitive programs and services to meet company goals
- Prepares and oversees the overall Benefits budget
- Directs preparation and distribution of written and verbal information to inform employees of the breadth of the Company’s benefits programs such as insurance plans, pension plans, 401(k), life and special employer-sponsored plans
- Directs support functions in providing customer service, information records, claims, etc
Preferred Qualifications
- Experience supporting international organizations with differing state/country regulations around benefits
- SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP) and certified compensation professional credentials
- Start-up and/or early-stage company work experience
Benefits
- Employee Discount (all employees eligible)
- Flexible Paid Time Off
- Health, vision, and dental insurance (with telehealth option)
- 401k with 4% company matching (100% vested immediately)
- Employee Assistance Program
- Paid Parental Leave
- Life Insurance
- Short & Long Term Disability
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