Logo
Inside Higher Ed

Executive Director of Compensation and Benefits, Human Resources

Inside Higher Ed, Winston Salem, North Carolina, United States, 27104

Save Job

Executive Director of Compensation and Benefits, Human Resources Join to apply for the

Executive Director of Compensation and Benefits, Human Resources

role at

Inside Higher Ed

External Applicants Please ensure all required documents are ready to upload before beginning your application, including your resume, cover letter, and any additional materials specified in the job description. Navigate to the "My Experience" application page, locate the "Resume/CV" document upload section, and use the "Select Files" button to upload your cover letter, resume, and other required supporting documents. This is the only opportunity to attach your documents; you will not be able to modify your application or add attachments after submission. Apply from an existing Workday account if you are a current employee.

Job Description Summary The Executive Director of Compensation and Benefits leads the evaluation, development, communication, implementation, and maintenance of a comprehensive and competitive total rewards strategy for faculty, staff, and retirees. This role ensures compensation and benefits programs align with organizational goals while providing strategic guidance, fostering collaboration, and maintaining key campus relationships, including Executive Leadership, Institutional Talent Partners, Senior Budget Administrators, Fringe Benefits Advisory Committee, and Retirement Plan Committee. This position reports to the VP/CHRO and directly supervises the Director of Compensation and the Director of Benefits.

Job Description

This position is not eligible for sponsorship of non-immigrant or immigrant visa status through Wake Forest University. All eligible applicants are encouraged to apply.

Compensation

In partnership with VP/CHRO, plans and leads the annual Executive Compensation process.

Accountable for the implementation of a market pay structure.

Collaborates with the budget office and assists leaders in addressing compensation challenges.

Responsible for clear, accurate, and updated compensation policies/procedures.

Benefits

Lead the annual benefits evaluation process in partnership with the Fringe Benefits Advisory Committee, Human Resources, and Benefits Consultant.

Evaluate and recommend the effectiveness, cost, trends, and competitiveness of the University's benefit programs.

Lead the University’s retirement plan program in partnership with the Retirement Plan Committee and Consultants.

Evaluate and recommend on the effectiveness, cost, trends, and competitiveness of the University’s 403(b) Retirement Plan and 457(b) Deferred Compensation Plan.

Responsible for the overall Fringe Budget.

Compensation, Benefits, And Absence

Ensure compliance with all governmental regulations and University policies related to compensation, benefits, retirement plan, and leave programs.

Implement and lead an out-of-state compliance program for the University.

Maintain relationships with third-party administrators, consultants, and other institutional partners.

Execute new and existing contracts, agreements, policies, amendments, revisions, and required forms/filings.

Resolve final compensation and benefits determination on disputes, challenges, and inquiries.

Oversee development, evaluation, revision, and communication of new and current policies, programs, and procedures.

Research and maintain best practices in compliance and administration of compensation and benefits programs.

Collaborate with Directors of Compensation and Benefits to identify priority projects and provide information to the HRIS team.

Partner with HR and campus constituents to develop and disseminate communication materials.

Provide leadership and coaching to the Compensation and Benefits/Absence team members.

Maintain relationships with Institutional Talent Partners.

Provide strategic leadership as part of the Human Resources leadership team.

Stay current on compensation, benefits, and wellness trends through research and networking.

Other Functions

Perform other related duties as assigned.

Collaborate with the AVP for Employer Experience to manage vendor relationships for health and wellness benefits.

Required Education, Knowledge, Skills, Abilities

Bachelor's degree in Human Resources Management, Business Administration, or related discipline, with eight years of combined experience in compensation, benefits, and wellness, including five years in a supervisory role.

Knowledge of organizational structure, workflow, and operating procedures.

Skill in developing, managing, and implementing new strategies, procedures, and large-scale projects.

Ability to apply logical thinking to define and analyze problems.

Strong interpersonal and communication skills; ability to work effectively with diverse constituencies.

Ability to foster a cooperative environment.

Ability to supervise, lead, and train staff.

Proficiency in annual financial/budget processes.

Knowledge of federal and state employment laws, regulations, and private sector policies.

Current knowledge of benefit programs and related regulations.

Skill in developing and implementing salary administration plans.

Ability to analyze problems and develop solutions to complex HR issues.

Proficiency in Microsoft Office Suite and/or Google Workspace.

Ability to format data to support analysis and recommendations.

Strong analytical and critical thinking skills; ability to analyze, summarize, and present data to executive levels.

Experience with HRIS (Oracle, Workday, Banner, or related system).

Preferred Education, Knowledge, Skills, Abilities

Relevant Master's degree.

CCP/CBP/CEBS/GBA/SPHR/PHR/CTRP or other related certification.

Higher education experience.

Experience in executive compensation.

Workday experience.

Physical Requirements

Sedentary work. Talking, hearing, and repetitive motions. Close visual acuity. Subject to inside environmental conditions. Not substantially exposed to adverse environmental conditions.

Accountabilities

Budgetary responsibilities, including fringe benefits budget.

Responsible for Compensation and Benefits programs and directly manages the Director of Compensation and the Director of Benefits.

Equal Opportunity Statement The University is an equal opportunity employer and welcomes all qualified candidates to apply without regard to race, color, religion, national origin, sex, age, sexual orientation, gender identity and expression, genetic information, disability and military or veteran status.

Accommodations for Applicants If you are an individual with a disability and need an accommodation to participate in the application or interview process, please contact AskHR@wfu.edu or (336) 758-4700.

#J-18808-Ljbffr