Empire State Realty Trust · 1 week ago
Director, Total Rewards
New York, NY
Full-time
Hybrid
Director/Executive
$175K/yr - $190K/yr
10+ years expEmpire State Realty Trust, Inc. is a NYC-focused REIT that owns and operates a portfolio of modernized office, retail, and multifamily assets. The Director, Total Rewards will lead the design and implementation of the Total Rewards program, overseeing payroll, benefits, and compliance while collaborating with various departments to drive efficiency and measurable business outcomes.
Real Estate
Responsibilities
Lead payroll operations and administration to ensure accuracy, efficiency, and compliance
Maintain oversight of the Company’s 401K plan including vendor assessment, negotiations, and regulatory matters
Ensure accurate budgeting and recording of compensation related costs and review the recurring monthly compensation accounting entries posted by Corporate Accounting
Maintain organized database of all aspects of compensation (history of salary, bonus, equity grants) and ensure accurate record-keeping (including all offer letters, grant documents)
Execute annual and mid-year compensation processes in partnership with SVP, HR Strategy & Operations
Ability to lead successful transition to new Total Rewards/HRIS system
Direct all aspects of benefits strategy and administration, including health and wellness programs and retirement plans
Manage the process to obtain, process, and communicate annual compensation (Cash/Equity) updates including valuation of equity awards
Develop compensation budgets, forecast spend and build a process to ensure our annual and mid-year changes fall within budget and are aligned to business goals; Prepare and document thoughtful analysis to summarize variances against budgets and forecasts to aid in decision making
Work closely with the HR department to ensure accurate budgeting and recording of compensation related costs and prepare the recurring monthly compensation accounting entries
Oversee and execute pay equity analysis with outside vendors as needed
Ensure compliance with global regulatory requirements (e.g., ERISA, GDPR, WARN, TUPE)
Partner with IT and cross-functional stakeholders to maximize the use of HRIS, analytics tools, and automation technologies
Drive continuous improvement and transformation initiatives across HR, enabling greater transparency, consistency, and efficiency
Qualification
Required
Experience with Union employee payroll is required; Experience with SEIU Local 32BJ, IUOE Local 94, and IUOE Local 30 preferred
Extensive experience with HRIS/Payroll systems; ADP Workforce Now preferred
Practical experience with financial analysis
Strong communication, leadership, and collaboration skills
Proficient in accounting systems (preferably Yardi Voyager)
Strong skills in Excel and Microsoft Office
Minimum of 10 years of professional experience working in an organization with exposure to multiple departments, service line leaders and teams
Minimum of 6 years of experience with payroll management and compensation
Minimum of 6 years in a supervisory role
Bachelors degree required; MBA is a plus
Prolonged periods of sitting at a desk and working on a computer
Must be able to lift up to 15 pounds at times
Preferred
Executive compensation experience preferred
CCP (Certified Compensation Professional) certification a strong asset
Experience with process automation software such as Alteryx and/or Power BI highly preferred
Benefits
Health/Dental/Vision insurance
Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance
Voluntary Enhanced LTD Program
Voluntary Hospital, Accident, and Cancer Programs
401(k) with 100% match up to 5%
Paid parental leave
Pre-tax transit accounts
Employee Assistance Program for emotional, financial, and legal support
Generous paid time off
Flex remote work time
Flex Summer Fridays
Employee engagement programs
Volunteer time off
Continuing education
Complimentary Empire State Building Observatory access
Complimentary gym membership and other wellness benefits
Employee Discount Programs
Company
Empire State Realty Trust
Under CEO Anthony Malkin, Empire State Realty Trust, Inc. is a self-administered and self-managed real estate investment trust (REIT).
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$940M2024-04-10Post Ipo Debt· $225M
2024-03-11Post Ipo Debt· $715M
2013-10-03IPO
Leadership Team
Anthony Malkin
Chairman and Chief Executive Officer
Recent News
2026-01-16
Company data provided by crunchbase