Vice President, Total Rewards

Company: Elevations Credit Union
Location: Broomfield
Posted on: January 8, 2021

Job Description:

When joining Elevations, you can expect to work for a company that:

• Provides amazing experiences and creates raving fans.
• Strives to provide solutions for a better life and promises employees it will be the best place they have ever worked.
• Wins awards such as "Best Bank", "Best Companies to Work for in Colorado" and even the "Malcolm Baldrige National Quality Award", the only Presidential award for quality.
• Has a highly-engaged workforce and emphasizes career growth, empowerment and servant leadership.What's in it for you :
  • Competitive pay, incentive programs, 401k matching, mortgage and auto discounts
  • 4 weeks min. paid time off, work anniversary paid time off, 11 paid holidays, and 16hrs paid volunteer time off
  • Medical, dental, and vision health plans with FSA or HSA options
  • Onsite fitness center, yoga classes, wellness committee events (hiking, softball, soccer,.. to name a few!), health fairs with biometrics screening and flu shots
  • Onsite cafe
  • Employee Assistance Program with a variety of services
  • Career development, trainings, career coaching, job shadowing, mentoring program, tuition reimbursement up to $5,000/year, and a recognition system
  • Culture of excellence and continuous improvement
  • We strive to be the best place you've ever worked!Summary/Objective:The VP of Total Rewards will be responsible for demonstrating thought leadership in the development and execution of total rewards methodologies and approaches, leading the vision and execution of HR systems, and directing service delivery of HR operations. The VP Total Rewards creates solutions through analysis of internal and external data to help create short-term and long-term strategies in compensation, benefits, and recognition, that align to organization objectives and employee value proposition. This position requires both the ability to function at a strategic level as well as ensure operational excellence.Essential Functions Include:
    • Oversee and manage the design, development, implementation and administration of all rewards programs to support the attraction, retention and motivation of employees, develop and continuously improve incentive plan designs that best fit with the organizational culture, priorities and business model.
    • Lead vision and oversee project management of HR systems initiatives including project plan development, financial, technical and or resource requirements, for implementation of effective, efficient, and excellent experience solutions.
    • Oversee the management, design, implementation, compliance and execution of all compensation, benefits, rewards and recognition programs including base pay, incentive pay, executive rewards, merit-based pay increases, paid time off, short- and long-term disability, maternity and paternity leave, 401(k), medical, dental, vision care, employee discount programs, wellness programs, assistance programs, convenience services, family leave and any other future benefits.
    • Develops and implements HRIS strategy and long-term road map; work closely with center of excellence partners to ensure data integrity allowing for deployment and evolution of HR Analytics capabilities.
    • Monitor the changing US healthcare landscape and assess benefit design with an eye toward ensuring competitive, cost effective plans that drive a wellness culture.
    • Oversee the contracting and active management of benefit plan vendors, auditors and consultants for services, premiums and plan administration.
    • Translate vision, findings and recommendations to gain alignment, affect change and drive the successful execution of People initiatives related to Operational Excellence and Workforce Development.
    • Monitor and evaluate employee satisfaction on reward programs and proactively assess and modify rewards as needed in alignment with the Total Rewards Philosophy.
    • Advise People Leadership Team on strategy and policy design opportunities to improve the employee experience and ensure compliance with laws and regulations.
    • Understands the competitive environment and scans horizon for trends and insight into total rewards offerings and HR technology optimization.Reports to:Chief People OfficerManages:Compensation, Benefits, HR Operations, Payroll and Recognition TeamRequired Competencies:Strategic Influence, Adaptability, Guiding Team Success, Inspiring Excellence, Executive PresenceRequired Education, Experience and skills:
      • Bachelor's degree in Business, Human Resources, Management or similar related field
      • 10+ years of experience in total rewards strategy, HR operations and HR technology
      • Demonstrated ability to influence across the organization at multiple levels, particularity around strategic issues and change management to bring structure to ambiguous environments
      • Demonstrated experience in managing dynamic teams including the ability to lead indirectly and influence without reporting lines
      • Excellent interpersonal skills including analytical, problem solving, organizational, issue resolution, and customer relationship managementPreferred Education, Experience and Skills:
        • MBA or related graduate degree preferred
        • CCP, CBP, or SPHR preferredWork Environment:This job operates in an office setting and routinely uses standard office equipment. Elevations uses multi-factor authentication to keep our data safe. As such, a personal smart phone is a requirement for employment with us.Physical Requirements:Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally and up to 25 lbs of force infrequently to lift, carry, push, pull, or move objects.Position Type/Expected Hours of Work:Full time / 40 hours per weekClassification:ExemptLocation:Elevations Support CenterCompensation:The budgeted range starts at $123,975 + annual bonus. The employee's salary will be adjusted based upon his, her, or their experience.Other Duties:Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.About Us : Elevations Credit Union is a member-owned not-for-profit financial institution serving Colorado's Front Range. Founded in 1953, we've grown from 12 members and less than $100 in assets to an institution with 13 branches and more than 120,000 members that manages over $2 billion in assets and is the No. 1 credit union mortgage lender in Colorado. At Elevations, we've made a commitment to move away from a product-centered business model and focus instead on creating consumer solutions. Our objective is to provide our members, as well as the entire community, with unbiased consumer information.EEO Statement: Elevations Credit Union is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.Candidates for certain positions may be required to submit to a credit history report in determining qualification for employment with Elevations Credit Union. If the position you are applying for requires a credit history report, any information received in such a report will not be the sole factor in making an employment decision. A history of personal financial irresponsibility may be reason for disqualification insofar as it relates to your potential job duties. Elevations Credit Union is aware that occasionally there are extenuating circumstances that may affect an individual's credit history. We comply with the Fair Credit Reporting Act and the Colorado Employment Opportunity Act.

Keywords: Elevations Credit Union, Broomfield , Vice President, Total Rewards, Executive , Broomfield, Colorado