Compensation Specialist

Full Time
New Hope, MN
Posted Today
Job description

The Director, Total Rewards with Liberty Diversified International, is a business partner across the organization in the strategy development, management, and execution of benefit, compensation, and wellness programs for Liberty Diversified International (LDI). The Total Rewards director is responsible for delivering a comprehensive program that attracts & retains talent, promotes employee engagement and aligns with company values, while effectively managing costs.

This full-time position reports directly to the Chief Human Resources Officer and is located at LDI’s headquarters in Minneapolis, Minnesota.


Required Skills


DUTIES AND RESPONSIBILITIES:

  • Designs, develops, and implements a total rewards philosophy and strategy for LDI, ensuring alignment with company values and business strategy.
  • Identifies the initiatives, processes, and operational plans necessary to achieve the strategy.
  • Leads the compensation and benefits team in focusing on cost-effectiveness as well as market competitiveness in the design of policies and programs for structure development, salary budgets, and design and delivery of variable pay incentives (short and long-term).
  • Manages policy development, administration, and record-keeping of healthcare plans, retirement plans, and other benefits plans.
  • Ensures compliance with all federal, state, and local benefit laws and regulations. Keeps leadership informed of new developments and disseminates the information as necessary. Prepare and file required legal benefit reports and serve as a liaison with outside auditors.
  • Lead annual renewal and open enrollment process and provide recommendations to executive management for changes to existing programs and proposals for new benefit offerings.
  • Manages relationships with brokers, vendors, consultants, and regulatory agencies. Evaluates vendor performance, provides improvement feedback, and makes recommendations for change as necessary.
  • Negotiates contracts for services and programs with outside vendors/brokers to obtain cost-effective, maximum coverage for employees for all areas of responsibility.
  • Analyzes market trends, best practices, and competitive landscape in order to evaluate and recommend changes that will enhance the company’s ability to attract and retain top talent. Ensures our programs and offerings support our commitment to diversity, equity, and inclusion.
  • Coordinates investment committee meetings and activities.
  • Works with Chief Human Resources Officer, Chief Financial Officer, and other partners to develop and prepare all analysis for compensation and benefits materials that must be integrated into the budget planning process.
  • Partners with CHRO on development or changes in executive compensation and benefits, coordinating with the Board of Directors as necessary.
  • Partners with HR leadership to develop, execute and communicate key programs to managers and employees.
  • Support M & A activities as they relate to benefits and compensation.
  • Collaborate with internal and/or external HR Technology/Operations resources to develop and deliver new communications and reporting tools.
  • Partner with sales management on the design and implementation of sales compensation programs.
  • Select, develop, and evaluate team members to ensure effectiveness and alignment with current and future goals and initiatives.
  • Other duties, as assigned.

REQUIRED EDUCATION, EXPERIENCE, AND SKILLS:

  • Bachelor’s degree in Human Resources, Business, or a related degree and/or related field.
  • 10+ years in progressive roles of relevant experience within compensation and benefits
  • 3 years managing a team of compensation and benefits professionals.
  • Advanced proficiency in Microsoft Excel
  • Demonstrated ability to handle sensitive, confidential information.
  • Strong negotiations skills
  • CCP (Certified Compensation Professional), CBP (Certified Benefits Professional), CEBS certification
  • Advanced proficiency in Microsoft Excel
  • Ability to think strategically and objectively. Effectively translates data into actionable insights, strategies, and financial plans.
  • Leadership skills balanced with a willingness to play a 'hands-on' role with key projects.
  • Ability to effectively translate complex information into clear and effective messages.
  • Strong verbal and written presentation skills including the ability to communicate complex ideas in a simple way and to tailor key messages and presentation style to multiple audiences.
  • Proven ability to gauge effectiveness of the organization's compensation and benefits programs and translate data into solutions to continually improve programs and practices.
  • Demonstrated experience in compensation plan design and implementation, including executive compensation.
  • In depth functional knowledge of contemporary and best HR practices and processes in the area of performance and reward management
  • A creative approach to problem solving, with a humble, team-oriented and optimistic attitude.

PREFERRED EDUCATION, EXPERIENCE, AND SKILLS:

  • Master’s Degree in Human Resources or related degree preferred.
  • SPHR or PHR Certification
  • CCP (Certified Compensation Professional), CBP (Certified Benefits Professional), CEBS certification

PHYSICAL REQUIREMENTS:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Regular sitting, standing, and walking throughout the day to accomplish tasks
  • Manual and finger dexterity used regularly with some repetitive finger motions
  • Ability to work in front of a computer screen for long periods of time
  • Specific vision abilities include close and distance vision; able to identify colors, small letters, and numbers; hand/eye coordination, depth perception and able to adjust focus
  • Hearing and speaking
  • Other conditions may include frequent reaching, stretching, pushing, pulling, pinching, grasping, and gripping.

ABOUT OUR COMPANY:

Comprised of multiple companies with headquarters in New Hope, Minnesota, Liberty Diversified International (LDI) is a privately held company employing more than 1,900 individuals across our manufacturing facilities, production facilities and core business operations in Minnesota, Iowa, Nebraska, Illinois, Georgia, Mississippi, Texas, Arizona, California, and Mexico. With deep roots in the corrugated box manufacturing industry, we operate in the core markets of paper, packaging, workplace products, corrugated plastics and building products.

Since 1918, our values – Caring, Innovation, Trust and Excellence – have guided our day-to-day activities. We believe that when our employees are aligned with these values, we create superior solutions and service for our customers. The LDI family of companies includes Liberty Packaging, Liberty Paper, Liberty Plastics (Custom Solutions and Quarrix Building Products) and Safco.


Liberty Diversified International is an equal opportunity employer and makes all employment decisions without regard to race, color, sex, religion, age, creed, sexual orientation, national origin, marital status, disability, or any other protected class.


Required Experience

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