Total Rewards Manager

Logo of BHG Financial

BHG Financial

πŸ“Remote - Worldwide

Job highlights

Summary

Join BHG as a Total Rewards Manager and lead the Compensation and Benefits functions. You will design and administer company-wide Total Rewards programs to attract and retain talent in a remote work environment, creating competitive and equitable initiatives. Responsibilities include developing compensation strategies, leading compensation reviews, providing guidance to HR and senior leadership, overseeing employee benefits programs, collaborating with brokers, and monitoring program effectiveness. You will also collaborate on performance-based incentive programs, foster employee engagement, ensure regulatory compliance, and provide training. This role requires 5+ years of related experience, a bachelor's degree (master's preferred), and in-depth knowledge of compensation and benefits practices. Strong analytical, communication, and leadership skills are essential.

Requirements

  • 5 + years of related experience is required
  • Bachelor's degree in Human Resources, Business Administration, or a related field
  • In-depth knowledge of compensation practices, equity administration, benefits administration, and recognition programs
  • Strong understanding of market trends and industry best practices in total rewards
  • Strong prioritization skills and a willingness to roll up your sleeves to get the job done
  • Ability to collaborate in a fast-paced, process-driven environment and be able to adapt and adjust when plans change
  • Exceptional analytical skills with the ability to interpret data and provide actionable insights
  • Excellent communication, presentation, and interpersonal skills
  • Demonstrated experience in managing and leading a team
  • Ability to operate with a high level of confidentiality, tact, and sound judgment
  • Strong knowledge of HRIS systems and data transmission, knowledge of Web Employee Self-Service applications

Responsibilities

  • Lead the Compensation and Benefits functions at BHG
  • Design and administer the company’s Total Rewards programs to attract and retain talent in a remote work environment
  • Create competitive, equitable, and performance-driven compensation, benefits, and recognition initiatives that align with our company's business objectives and values
  • Develop and implement a holistic compensation strategy that supports the attraction and retention of high-performing employees while maintaining market competitiveness
  • Lead the compensation review process, including salary benchmarking, analysis of market trends, and recommendations for salary adjustments and bonuses
  • Provide guidance to HR and senior leadership on compensation-related matters, ensuring alignment with company goals and budget considerations
  • Prepare and deliver the analysis of organizational trends, market data, and industry practices to stakeholders and senior leaders
  • Oversee the design and administration of comprehensive employee benefits programs, including health, dental, retirement, and wellness initiatives
  • Collaborate with benefits brokers to ensure competitive and cost-effective offerings while staying abreast of industry trends and best practices
  • Monitor and evaluate the effectiveness of benefits programs through data analysis and employee feedback, making recommendations for improvements as needed
  • Collaborate with business leaders and HR partners to develop and manage performance-based incentive programs, including bonuses and equity grants, tied to individual, team, and company performance
  • Ensure alignment between rewards and performance metrics, fostering a high-performance culture and driving desired outcomes
  • Foster employee engagement by implementing innovative recognition initiatives that align with our company's values and promote a sense of belonging
  • Stay current with relevant regulations and compliance requirements, ensuring that our total rewards programs adhere to all legal and regulatory standards
  • Provide training and guidance to HR team members and managers to enhance their understanding of total rewards programs and their role in supporting employee engagement and retention

Preferred Qualifications

Master's degree preferred

Benefits

20% Travel is required

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