Korn Ferry · 2 days ago
Head of Total Rewards
Korn Ferry has partnered with a financial services client in their search for a Head of Total Rewards. The Head of Total Rewards will be responsible for the strategic direction and program management for compensation, benefits, health and well-being, equity, payroll, and HR technology.
Management Consulting
Responsibilities
Define and lead the company’s total rewards in close partnership with the business and HR leadership teams
Redesign and continuously evolve the total rewards delivery model to improve effectiveness, scalability, and impact
Oversee all compensation and benefits programs to attract, retain, and motivate a high-performing workforce, including the ongoing enhancement of incentive and bonus plan designs aligned to culture, strategy, and business objectives
Manage a team of four direct reports (Total Rewards Director, Payroll Manager, and two HR Technology Consultants) and an overall organization of 11, including two compensation specialists, two benefits specialists, a payroll team leader, and two payroll specialists
Design and deliver forward-looking, data-driven compensation, benefits, health, and equity programs that drive employee engagement, performance, and workforce well-being
Prepare and present rewards and performance materials to the Boad of Directors, Talent Development, Compensation Committee, and the Human Capital executive Committee
Ensure compensation programs align with enterprise risk management frameworks and regulatory expectations applicable to large financial institutions
Maintain strong governance and ensure adherence to regulatory and compliance requirements, including SEC, tax, and labor laws, across multi-state and complex operational environments
Partner with both the Talent and IT functions to set systems strategy and priorities, advancing the use of HR technology and analytics
Support merger, acquisition, and organizational restructuring activities, ensuring complaint and seamless integration of total rewards programs across multi-state operations
Qualification
Required
10+ years of progressive leadership experience in total rewards, including executive compensation experience
Experience in the public financial services sector, preferably in banking
Expertise in compensation design, equity and incentive programs, benefits strategy, and applicable regulatory framework
Proven experience preparing and presenting materials to Board of Directors
Extensive experience partnering with Boards of Director and Compensation Committees on all aspects of executive compensation matters in public companies, including competitive positioning, short and long-term incentive design, equity program governance, tax compliance, SEC and disclosure requirement, and executive agreements
Exceptional analytical and communication capabilities, combined with strong interpersonal skills and a demonstrated ability to influence and collaborate across all organizational levels
Proven experience leading complex initiatives, including defining scope, managing budgets, driving deliverables, meeting deadlines, and effectively managing competing priorities
Strategic, forward-thinking leader with a hands-on, innovative approach to problem-solving and execution
Must be in, or willing to relocate to the Evansville, IN area, this is not a remote role
Company
Korn Ferry
Korn Ferry is a global consulting firm that powers performance.
Funding
Current Stage
Late StageLeadership Team
Recent News
SeekingAlpha
2024-03-06
2023-12-11
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