Total Rewards Community of Expertise Senior Strategist - Honda

06/24/2024 12:12 PM | Anonymous member (Administrator)

In this position, you will be responsible for providing strategic direction and leading the design and development of Total Rewards programs, plans, and structures that align with the business strategy across AHM, HDMA, and affiliates to support all current and former associates.  Total Rewards at Honda includes the following areas: compensation, associate benefits and wellness, retirement plans, and recognition.  You’ll collaborate with the Compensation and Benefits Operations teams, business leaders, HR leaders, HR Business Partners to implement and manage strategically focused Total Rewards projects. This position will need to ensure they are kept up-to-date with best practice approaches and kept apprised of federal, state, and local applicable laws and regulations to ensure compliance.
Responsibilities include:
•    Researches, develops, and delivers innovative total rewards programs, plans, and structures aligned with Honda’s direction of total rewards offerings to attract, retain and support associates.  Leads the development, integration, and communication of updates to existing or new programs, plans, and policies for market competitiveness, internal equity, and cost forecasting and effectiveness; this includes partnering with the Compensation and Benefits Operations teams on any changes or new offerings.
•    Assesses the effectiveness of total rewards programs, plans, policies, and procedures and recommends enhancements or revisions when needed to meet company objectives. Collaborates, counsels, and advises on program/plan enhancements/changes; leading strategic initiatives and ensures clarity regarding deliverables, deadlines, resources, and communication plans.
•    Advises in setting total rewards strategy and direction for AHM, HDMA, and affiliates. Partners with the Compensation and Benefit Operations teams on any new or changes to existing programs, offerings, and processes related to total rewards.
•    Ensures there is collaboration with the Benefits Operations team when coordinating with vendors on enhancements/changes to existing offerings and/or the addition of new offerings; works closely with Benefits broker to review benchmark analysis and identify trends in industry and with competitors to provide competitive and cutting-edge benefit, wellness, and retiree programs.
•    Ensures holistic design of compensation pay grade structures and of long- and short-term incentive plans; which may include executive compensation, stock options, and sales plans. Provides coordination with vendors on enhancements/changes to existing offerings and/or the addition of new offerings in partnership with the Compensation Operations team.
•    Manages and collaborates with HR Technology and HR Operations to ensure holistic approach to how key total rewards data is managed and integrated between systems.  Collaborates to identify necessary changes in processes to ensure efficient and accurate workflow and the best utilization of system capabilities.
•    Additional responsibilities as needed.

Who we are seeking:
 
Required Work Experience:
•    Minimum 10 years’ total rewards experience designing, developing, leading and implementing total rewards programs, plans, and structures
•    Including 3+ years (or relevant experience) of large project management
•    Advanced knowledge of domestic and international healthcare plans; with knowledge of benefit cost forecasting and budgeting
•    Advanced knowledge of non-exempt, exempt, and executive compensation administration; union experience a plus
•    Advanced Analytical and problem solving skills; proficient in MS Office Software with advanced excel skills
Required Education:
•    Bachelor’s degree in Business Administration, Human Resources, Finance or applicable field (or equivalent experience)
Desired Skills:
•    Ability to work independently, effectively manage time, and meet deadlines
•    Ability to lead multiple cross-functional projects
•    Ability to develop advanced analytics from multiple data sources, interpret and analyze trends, and develop meaningful recommendations in a logical concise way
•    Excellent written and verbal communication skills
•    Detailed oriented with demonstrated organizational skills
•    Familiarity with HR Systems data set-up; SuccessFactors experience desired 
•    World at work certification desire, not required

Additional Position Factors:
•    Remote workstyle
•    Open office environment as needed
•    Expect roughly 5-10% of travel

Interested? Learn more here

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