Vice President/Head of Total Rewards
COMP.GEN.M6
Leads the entire compensation & benefits function for a sizable organization, integrating compensation strategy with overall HR and business strategy.
Leads the entire compensation & benefits function for a sizable organization, integrating compensation strategy with overall HR and business strategy.
The story of this role
Who does this work
The Compensation & Benefits (C&B) professional, who is committed to designing competitive and equitable reward programs, and seeks to attract and retain the best technical and scientific talent.
The problem this role solves
- The external problem: Organizations struggle to create comprehensive compensation and benefits packages that meet the diverse needs of their employees.
- The internal problem: The C&B professional feels overwhelmed by the complexities of market data, employee expectations, and legal requirements.
- Why it matters: Every employee deserves to feel valued and fairly compensated for their contributions, yet many organizations fail to deliver on this promise.
The plan
- Assess the current compensation and benefits landscape to identify gaps and opportunities.
- Conduct market research to understand competitive benchmarks and employee preferences.
- Collaborate with cross-functional teams to align compensation strategies with business goals.
- Design and implement comprehensive reward programs that are equitable and appealing.
- Monitor and evaluate the effectiveness of programs, making adjustments based on feedback and business needs.
What's at stake
Top talent leaves for competitors offering better compensation and benefits. Employee satisfaction declines due to perceived inequities in rewards.
Success looks like
Employees feel motivated and valued, leading to higher retention rates. The organization attracts top talent, enhancing its competitive advantage in the industry.
Summary
Leads the entire compensation & benefits function for a sizable organization, integrating compensation strategy with overall HR and business strategy.
Level — M6 — Vice President
Owns a major function or division; accountable for organization-wide outcomes.
- Scope
- A major function or division
- Autonomy
- Accountable for division strategy and outcomes
- Complexity
- Enterprise priorities and external factors
- Impact
- Division-wide / organization-wide
- Decision rights
- Owns strategy, budget, and org for a division
- Leadership
- Leads the leadership of a division
- Typical experience
- 15–25 yrs
Core outputs
No core outputs recorded yet.
Adjacent roles
Nearest roles by structural coordinates (level + taxonomy). Distance 0 → 1; each carries its 3-state match band. How coordinates work → · Compare side-by-side →
Componentsshow ▾
Responsibilities3
- Advise CEOs and other executivescommonlevel
- Shape culture through rewardscommonlevel
- Manage large C&B teamscommonlevel
Tasks3
- Advise executivescommonlevel
- Shape organizational culturecommonlevel
- Manage C&B teamscommonlevel
Skills5
- Executive advisorycommonlevel
- Cultural shapingcommonlevel
- Team managementcommonlevel
- Strategic visioncommonlevel
- Corporate governancecommonlevel
Knowledge5
- Executive advisorycommonlevel
- Corporate governancecommonlevel
- Cultural shapingcommonlevel
- Strategic visioncommonlevel
- Team managementcommonlevel
competency3
- Strategic Visioncommonlevel
- Corporate governancecommonlevel
- Executive advisorycommonlevel
qualification2
- 15–20+ years in the fieldcommonlevel
- Experience with Boards and Compensation Committeescommonlevel
Title aliasesshow ▾
| Alias | Type | Confidence | Approved |
|---|---|---|---|
| Vice President/Head of Total Rewards | common | medium0.50 | — |
Classification mappingsshow ▾
O*NET / SOC
- code=13-0000title=Business & Financial Operations Occupationssource=inferred_from_superfunctionreviewStatus=needs_review