H&M Hiring for Total Rewards Manager Job at Secaucus, NJ Full Time

As one of the world’s largest fashion companies with more than 171,000 employees worldwide, H&M is an exciting and dynamic place to pursue a career within the fashion industry. Our business concept is to offer fashion and quality at the best price in a sustainable way and with our fast expansion we are always looking for new talents. Would you like to be part of our team?

The Total Rewards Manager is responsible to manage the day-to-day operations and communication of all benefit and compensation processes, programs and plans for the US. This role operates as a strategic partner with the business to ensure that H&M’s Total Rewards programs and tools continue to evolve to support the company’s strategic priorities and reflect external best practices.

This position is based in Secaucus, NJ or our NYSO within our Human Resources Function and reports directly to our Country HR Manager, with a dotted line to the Regional Total Rewards Manager – Americas. The Total Rewards Manager will have the Assistant Benefits Manager and the Assistant Compensation Manager as direct reports.

Core Responsibilities includes but is not limited to:

• Lead core Total Rewards processes including salary benchmarking, developing salary ranges and bonus levels, job evaluation, managing the annual merit cycle, annual benefits enrollment and championing wellness initiatives.
• Lead development of strategy and/or design of compensation, benefits and wellness programs that supports the company’s objectives, initiatives and budget guidelines.
• Develop business requirements for Total Rewards tools.
• Monitor market external regulatory trends and emerging “best practices” to ensure that H&M’s Total Rewards programs remain market competitive.
• Evaluate, redesign, and administer health and welfare, retirement and leave benefit programs to increase effectiveness and impact of programs, while ensuring coordination and understanding of programs and compliance with state/government regulations.
• Partner with Communications Team to enhance Total Rewards communication and understanding among employees and within the Human Resources function.
• Collaborate with key cross functional stakeholders (e.g. HR, Legal, Finance, Employee Health & Safety) as required to define and implement strategies or ensure proper execution of baseline activities.
• Maintain relationships with external consultancies, industry groups and thought leaders to promote leading Total Rewards practices, internally and externally.
• Support 401k and ESOP overview and administration with Benefits Administrator.
• Serves as subject matter expert and escalation point to employees, managers and HR Representatives for all Total Reward programs.
• Ensures compliance with FMLA, ADA and any LOA specific state laws.
• Audits and streamlines benefits routines to ensure timely and fiscally responsible administration as well as compliance.
• Recruits, selects, trains and develops, coaches and retains a high performing Total Rewards team.
• Serves as liaison to our Benefits, 401k, and ESOP brokers to market H&M’s benefits plans to secure the best plan for the company and employees.
• Develops and implements a comprehensive and effective benefits communication strategy.
• Leads the coordination and administration of the Company’s Relocation Policy.

Additional Accountabilities:

• Oversees Annual Total Rewards budget exceeding $60 Mil.
• Ensures that all benefit invoices are in accordance with contracts and reviews budget variances.
• Serves as a member of the Company’s 401k plan committee

What You’ll Need to Succeed:

• Bachelor’s degree or equivalent years of experience required.
• At least 6 years’ experience in an HR/Benefits administrative role.
• Ideally previous experience handling Benefits programs in a corporate setting.
• 7+ years of management experience.
• Working knowledge of health and welfare benefits plans and their administration.
• Solid knowledge of employment law such as worker’s compensation, FMLA, ADA, etc.
• Ability to work with internal customers on a day to day basis and understand and meet their needs.
• Possess strong judgment in evaluating options when escalated issues occur.
• Ability to communicate complex ideas in a simple way.
• Ability to handle multiple priorities.
• Ability to work in a team or independently on assigned projects.
• Advanced knowledge of Excel.
• Excellent written communication skills and ability to make complex policies cater to the population.
• Ability to communicate and work with all levels of employees.
• Ability to convince managers on value of Benefits practices.
• Negotiating skills and ability to find solutions.
• Skilled at solving conflicts in a direct but positive way.
• Ability to be neutral and confidential and deal with sensitive information.
• Strong brand ambassador
• Strong knowledge of H&M HR practices, policies and guidelines.
• Strong professional maturity.
• Proven organizational and analytical skills.

Job Status: Exempt

EEOC Classification: OFM

Additional Information

Why You’ll Love Working for H&M

• Dynamic, team-driven work environment with a group of unique, diverse, and kind individuals.

• Endless growth & development opportunities
• Dress your personality. We encourage you to dress your personality all day, every day.
• Did we mention our discount at H&M, &Other Stories, and COS?

Compensation:

Salary Range is $123,000 – $142,000 annually**

Benefits:

H&M believes in rewarding our employees for their many contributions to our shared success. That’s why we offer a full range of inclusive benefits that enable wellness, both in and outside of work. We pride ourselves on being a do-good company and we have a comprehensive benefit package that matches that ambition. Please note, benefits may have eligibility requirements based on employment status.

We offer: 25% Staff Discount – Medical, Pharmacy Vision and Dental Coverage – Employee Assistance Program – Vacation, Wellness, Holiday and Parental Pay – 401K – Commuter Benefits, Health and Dependent Care FSA. Plus, additional Voluntary Benefits.

Our Career site will have more details, click on Benefits at career.hm.com

All your information will be kept confidential according to EEO guidelines.

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