Director Total Rewards
Bettcher Industries · United States · 4 wk ago
RemoteRemoteHuman ResourcesFull-time
Key Responsibilities
- Lead the design, development, and ongoing administration of executive compensation programs, with a primary focus on short-term incentive (STI/bonus) and long-term incentive (LTI/equity) plan architecture, including plan mechanics, performance metric selection, modeling, and governance
- Administer the Management Equity Plan (MEP) as the primary long-term incentive vehicle, including grant strategy, valuation modeling, vesting schedules, tracking, and participant communications; serve as in-house expert on private equity equity plan structures
- Design and manage the annual Management Incentive Plan (MIP/STI bonus), including plan structure, performance metric alignment (e.g., AEBITDA, FCF, revenue), target-setting, funding models, payout curves, and governance; ensure plans are competitive with market practices and effectively link pay to performance
- Partner with executive leadership and the PE sponsor to align STI and LTI programs with business strategy, value creation milestones, and transaction lifecycle considerations; bring knowledge of public company compensation structures as a valuable complement
- Support Compensation Committee materials, analysis, and recommendations
- Design and implement, and manage sales compensation and incentive plans across business units
- Partner with Sales Leadership and Finance to align incentive plans with revenue growth, margin, and strategic priorities
- Establish clear performance metrics, quotas, and payout structures that drive accountability and results
- Oversee plan governance, documentation, and communication to ensure clarity and consistency
- Monitor plan effectiveness and recommend adjustments based on performance data and market practices
Job Architecture & Compensation Frameworks
- Design and maintain a scalable job architecture across all business units, including leveling, titling, and career frameworks
- Lead market benchmarking and ensure competitive positioning across global
- Oversee annual compensation planning processes (merit, promotions, adjustments)
- Establish clear compensation governance, guidelines, and controls
- Ensure compensation structure complies with regulations (e.g., EU, region, state, etc.)
Benefits Strategy & Administration (U.S.)
- Own the full lifecycle of U.S. benefit plan design and administration, including medical, dental, vision, life/disability, 401(k)/retirement, FSA/HSA, and voluntary benefits; lead plan redesign efforts, open enrollment, and ongoing program optimization
- Develop and execute a multi-year U.S. benefits strategy that balances cost efficiency, competitive positioning, and employee experience; lead benefits integration for acquired businesses and harmonize plan offerings across the enterprise
- Oversee vendor relationships (e.g., medical, 401(k), HSA/FSA providers) and ensure service delivery excellence
- Ensure rigorous compliance across all U.S. benefit programs (ERISA, ACA, COBRA, HIPAA, etc.), including plan documents, SPDs, Form 5500 filings, nondiscrimination testing, and audit readiness
Integration & Continuous Improvement
- Support M&A integration efforts related to compensation and benefits harmonization
- Identify and implement process improvements, system enhancements (e.g., UKG), and data integrity initiatives
- Develop analytics and reporting to support decision-making and program effectiveness
Leadership & Collaboration
- Partner closely with HR Business Partners, Finance, and executive leadership to deliver aligned solutions
- Provide guidance and expertise on complex compensation and benefits matters
- Lead and develop total rewards team members as applicable