Director, Total Rewards

This is a fully remote position, open to applicants in United States.

📋 Description

• Take ownership of OpenLoop’s compensation programs from start to finish, covering job architecture, leveling, salary ranges, market pricing, and offer guidelines.

• Spearhead annual and off-cycle compensation cycles, which include budget modeling, calibration support, manager tools, and enablement.

• Provide data-driven recommendations to recruiters and leaders regarding offers and pay decisions.

• Oversee the administration of the private-company equity program and collaborate with Legal and Finance on equity pool sizing, burn rate, and dilution modeling.

• Inform employees and candidates about total rewards packages, including equity options.

• Lead benefits strategy and operations encompassing medical, dental, vision, 401(k), leave, and wellbeing programs.

• Manage annual renewals and open enrollment processes in partnership with brokers and carriers.

• Oversee benefits and rewards vendors, including contracts, performance, and escalations.

• Ensure compliance with benefits regulations, including ERISA, ACA, COBRA, HIPAA, Form 5500, and nondiscrimination testing.

• Supervise compensation and benefits integration for acquisitions while harmonizing pay and benefits across subsidiaries and the pharmacy network.

• Conduct pay equity analyses and collaborate on FLSA exemption reviews, as well as multi-state pay transparency and wage-and-hour compliance.

• Create reports on compensation expenditures, market competitiveness, benefits utilization, and retention risk.

• Utilize systems, survey data, AI, and automation to enhance rewards processes.

• Lead and develop the Total Rewards team.

⛳️ Requirements

• Proven experience leading total rewards encompassing both compensation and benefits in high-growth organizations.

• A successful history of leading and nurturing team members.

• Experience in managing annual compensation cycles and developing or refining job architecture, leveling, and salary structures.

• Background in administering private-company equity programs.

• Familiarity with benefits and pay compliance regulations: ERISA, ACA, COBRA, HIPAA, FLSA, and state pay transparency laws.

• Strong modeling capabilities using Excel or Google Sheets.

• Experience with compensation survey data from sources like Radford, Mercer, Pave, or similar platforms.

• Excellent communication skills to articulate trade-offs and complex programs effectively.

• Total rewards experience within healthcare, telehealth, pharmacy, or patient care environments.

• Experience in integrating compensation and benefits following acquisitions.

• Proficiency with platforms such as Rippling, Workday, Ashby, Carta, Pave, or comparable systems.

• Certification in CCP, CBP, or CECP.

• Experience utilizing AI tools to automate compensation and benefits workflows.

• Authorization to work in the location specified in the job posting.

🏝️ Benefits

• Medical, Dental, and Vision plans.

• Flexible Spending/Health Savings Accounts.

• Flexible PTO.

• 401(k) with Company Match.

• Life Insurance.

• Pet insurance.

• Wellbeing programs.

• Equity program, including grants for new hires, promotions, and refreshes.

• A work culture focused on Autonomy, Competence, and Belonging.