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Wake Forest University

Executive Director of Compensation and Benefits, Human Resources

Wake Forest University, Raleigh, North Carolina, United States

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## Executive Director of Compensation and Benefits, Human Resources* Navigate to the "My Experience" application page.* Locate the "Resume/CV" document upload section at the bottom of the page.* Use the "Select Files" button to upload your cover letter, resume, and any other required supporting documents. You can select multiple files.* 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.* Lead the annual benefits evaluation process in partnership with the Fringe Benefits Advisory Committee, Human Resources, and Benefits Consultant, including but not limited to leading discussions on benefit plan recommendations, developing presentations, and presenting information to the Committee and other Executive Leadership.* Evaluate and make recommendations on the effectiveness, cost, trends, and competitiveness for the University’s benefit programs while balancing the needs of our campus community and the overall fringe budget.* Lead the University’s retirement plan program in partnership with the Retirement Plan Committee, Human Resources, and the Retirement Plan Consultant, including but not limited to leading discussions on retirement plan recommendations, developing presentations, and presenting information to the Committee and other Executive Leadership.* Evaluate and make recommendations 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.* Ensure compliance with all governmental regulations and University policies related to compensation, benefits, retirement plan, and leave programs by researching, monitoring, and tracking new and existing laws and regulations. Recommend, communicate, and implement required changes.* Implement, lead, and maintain an out-of-state compliance program for the University regarding compensation, benefits, and leave program requirements.* Responsible for evaluating and maintaining relationships with third-party administrators, consultants, and other institutional relationships for compensation and benefits.* Accountable for the execution of new and existing compensation, health and welfare, retirement plan, and any other benefits-related contracts, agreements, policies, amendments, revisions, and required forms/filings. This includes, but is not limited to, reviewing the terms, conditions, fees, guarantees, and other contractual arrangements for accuracy, developing summaries for Executive Leadership, and obtaining the required approvals and signatures.* Resolve and communicate final compensation and benefits determination(s) on disputes, challenges, inquiries, and/or exception requests from internal colleagues and/or third-party administrators.* Oversee the development, evaluation, revision, and communication of new and/or current policies, programs, and procedures for compensation and benefits.* Research and maintain best practices in compliance and administration of compensation and benefits programs.* Within our Workday ERP environment, in collaboration with Directors of Compensation and Benefits, identify priority projects and provide information and partnership to the HRIS team to move forward with necessary initiatives/updates/changes.* Partner with HR colleagues and other campus constituents to develop and disseminate communication materials to promote compensation and benefits programs at Wake Forest University, including but not limited to presenting information to various campus committees, partners, and Executive Leadership.* Provide leadership and coaching to the Compensation and Benefits/Absence team members through effective coaching and performance management.* Establish and maintain strong relationships with Institutional Talent Partners, providing information at standing meetings and responding to ad hoc requests.* Provide strategic leadership as part of the Human Resources leadership team.* Stay current on compensation, benefits, and wellness trends by conducting research and connecting with peers at other universities and professional organizations, such as CUPA HR.* Performs other related duties as assigned.* Collaborates with the AVP for Employer Experience to manage relationships with vendors for health and wellness benefits to maximize the utilization and value of paid services for employees. This includes coordinating with vendors to promote existing benefits, identify new opportunities, and ensure that programs align with the WFU’s health objectives and employee needs.* Bachelor's degree in Human Resources Management, Business Administration, or a related discipline, plus eight years of combined experience in compensation, benefits, and wellness, with at least 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 principles of logical thinking to define and analyze problems, collect data, establish facts, draw valid conclusions, and develop creative solutions.* Strong interpersonal and communication skills and the ability to work effectively with various constituencies in a community of different constituent groups.* 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 employment policies and procedures.* Current knowledge of benefit programs and their interface with regulations, related retirement and benefits acts at both the state and federal levels, recent court decisions, legal trends, and Social Security.* Skill in developing and implementing salary administration plans and programs.* Ability to analyze problems and develop creative solutions to complex human resource issues.* Proficiency in using the Microsoft Office Suite and/or Google Workspace* Ability to format data to support analysis and recommendations.* Strong analytical and critical thinking skills and the ability to analyze, summarize, and effectively present data to individuals/groups, including executive levels.* Experience with HRIS (Oracle, Workday, Banner, or a related system), to include exporting and using data to answer questions, present data, and create presentations.* Relevant Master's degree.* CCP/CBP/CEBS/GBA/SPHR/PHR/CTRP or other related certification.* Higher education experience.* Experience in executive compensation.* Workday experience.* Budgetary responsibilities, including fringe benefits budget.* Responsible for Compensation and Benefits programs and directly manages the Director of Compensation and the Director of Benefits.**About WFU:**Wake Forest University, formed in 1834, has experienced decades of growth and innovation.

WFU is a distinctive university that combines a liberal arts core with graduate and professional schools and innovative research programs.

The University embraces the teacher-scholar ideal, which prizes the personal interaction between students and faculty.

It is a place where exceptional teaching, fundamental research and discovery, and the engagement of faculty and students in the classroom and the laboratory are paramount.Wake Forest University is a community that seeks the enlightenment and freedom which come through diligent study and learning. Its higher goal, however, is to give life to the University motto "Pro Humanitate," as members translate a passion for knowledge into compassionate service. The community shares a tradition that embraces freedom and integrity and acknowledges #J-18808-Ljbffr