Sr. Director, Global Total Rewards - Los Angeles, United States - FASTENER DISTRIBUTION HOLDINGS LLC

Description

Job Description

FDH Aero is a trusted global supply chain partner for aerospace and defense companies. With more than 55 years of experience, it specializes in c-class components that include hardware, electrical, chemical, and consumable products and services for global OEM and aftermarket customers. At FDH Aero, we understand that the strength of our brand comes from our people, and our culture empowers every team member to contribute and grow. As a global team, our culture is rooted in five (5) core values that begin with the words "We are" and include: service-first, respectful, amplifiers, open-minded and accountable.

FDH Aero is headquartered in Commerce, California, and has operations across the Americas, EMEA and APAC. FDH Aero has locations in 14 countries across the globe, with more than 1,200 best-in-industry employees and over 650,000 square feet of inventory space.

For more information, please visit the FDH Aero website.

The Sr. Director of Global Total Rewards is responsible for developing and executing the organization's compensation and benefits strategy on a worldwide scale. This role involves overseeing the design, implementation, and management of competitive and innovative total rewards programs that attract, retain, and motivate top talent. The Sr. Director of Global Total Rewards collaborates with other HR leaders and stakeholders to align compensation and benefits initiatives with the company's business objectives. The Sr. Director of Global Total Rewards plays a critical role in attracting and retaining top talent, ensuring employee satisfaction, and aligning compensation and benefits practices with the organization's strategic goals. This position requires a combination of strategic thinking, strong analytical skills, and a deep understanding of global HR practices and regulations in the Americas, EMEA, and APAC regions.

Responsibilities:

• Leads a team to develop and manage the strategic design, and administration of compensation programs including base pay, bonus, merit increases, incentive and equity programs as well as benefits in the United States
• Partners aligns and communicates where appropriate with executives as well as other regions
• Analyze salary survey data, market trends and competitive practices and make recommendations to management regarding individual and organizational salary adjustments, merit budgets, structure adjustments, and incentive and equity eligibility levels
• Evaluates grade level structure for base incentive and equity compensation on an annual basis and making recommendations when necessary
• Drives buy in with business leaders and other relevant stakeholders to potential change in cash, equity pay and benefit strategies driven by business needs and changing market conditions
• Develop, refine, and execute a comprehensive global total rewards strategy that aligns with the company's long-term business goals
• Develop and implement comprehensive total rewards strategy aligned with the organization's overall business objectives
• Oversee the design, implementation and administration of compensation programs
• Evaluate the effectiveness of existing programs, policies and guidelines and ensure they areal market competitive, cost effective, and aligned with company strategy and goals
• Responsible for balancing cost-effective solutions with competitive offerings
• Oversee the design and administration of compensation programs, including executive compensation, base pay, variable pay, merit, compensation planning and recognition programs
• Responsible for balancing localization with scalability
• Ability to harmonize, HR policy, practices and infostructure while obtaining flexibility for regional/international scalability
• Manage the company's employee benefits programs, including health and wellness benefits, retirement plans, and other fringe benefits
• Ensure employee benefits programs, including health and wellness benefits, retirement plans, and other fringe benefits are competitive and cost-effective
• Draft written communication and enrollment materials, prepare for and conduct benefit conference calls, revise benefit summaries, revise benefit orientation documents, insure distribution and receipt of documents and process changes with vendors
• Oversee the management of our benefit vendor relationships, contracts and bid negotiations
• Provide strategic leadership in design, development, implementation, administration, compliance, and communication of our Total Rewards programs including health, welfare, wellness, retirement, base pay, incentives and other rewards and perquisites
• Partner and advise with corporate and subsidiary leadership across the Americas to leverage compensation and benefit program to meet the business objectives
• Continuously monitor and analyze global compensation and benefits trends, ensuring the organization's offerings remain competitive and compliant with local laws and regulations
• Administer and optimize executive compensation programs and equity-based incentives, working closely with executive leadership
• Collaborate with the HR team to link compensation and benefits to performance management processes and goal setting, ensuring alignment with the company's performance objectives
• Stay informed about relevant labor and tax laws, ensuring that all compensation and benefits programs are compliant with global regulations, overseeing annual audits and required filings related to benefit and retirement plans
• Experience working with federal contractors
• Ensure compliance with all governmental regulations related to the benefits programs
• Experience with wage determination contracts, equal pay reporting as well as regulatory audit pay structures
• Develop and implement communication strategies to educate employees about their compensation and benefits, helping them understand the value of their total rewards package

Basic Qualifications:

• Bachelor's degree in human resources, Business Administration, or a related field (Master's degree preferred
• 5+ years of experience in HR Information Systems (HRIS) advanced proficiency
• 5+ years of experience in Global benefit and compensation experience especially for APAC, EMEA, and US & Canada
• Relevant certifications (e.g., Certified Compensation Professional, Global Remuneration Professional) may be preferred
• Minimum of 10 years of experience in, and extensive knowledge of, total rewards, including compensation, health and welfare benefits, retirement plans, and well-being programs required
• Demonstrated HR leadership and a minimum of 5 years of experience in managing and developing global compensation and benefit practices
• Key understanding of compensation principles including market analysis, benchmarking, base and incentive pay administration
• In-depth knowledge of global compensation and benefits practices, with the ability to navigate a complex landscape of regulatory requirements, international regulations and tax implications, including but not limited to, GDPR, FLSA, ERISA, COBRA, HIPAA, FMLA, USERRA, PPACA, and IRS regulations
• Ability to assimilate information quickly and to grasp big picture concepts as well as details; demonstrated business and financial acumen to translate the needs of core business functions into solutions
• Flexibility to respond quickly and positively to shifting demands and opportunities; ability to work under tight deadlines and handle multiple, detailed tasks
• Ability to anticipate problems and issues and exercise good judgment in recommending resolutions
• Demonstrated project management and process improvement skills
• Strong analytical and data-driven decision-making skills
• Excellent written and verbal communication skills, including close attention to detail and active listening
• Ability to present with executive presence to senior leaders and tailor communication strategies to a varied workforce
• Ability to plan/coordinate complex projects and events, in consideration of company-wide objectives
• Ability to identify efficiencies and opportunities in budget, resources allocation, and processes and making recommendations for improvement
• Familiarity with HRIS (Human Resources Information Systems) and compensation management software.
• Strategic thinker with the ability to translate strategy into actionable plans
• Ethical and responsible, with a commitment to compliance and fairness in compensation and benefits practices
• Ability to work effectively in a diverse, global, and multicultural environment
• Excellent problem-solving and decision-making skills

Job Type: Full Time

Pay: $165,000 - $175,000 annually

FDH is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by law.