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Position: Vice President, Total Rewards

Job Description :

The Vice President, Total Rewards will lead the development, implementation, and management of the company's comprehensive total rewards strategy. This role is responsible for designing and managing competitive benefits, short-term and long-term incentive programs, PTO (Paid Time Off) plans, and equity compensation initiatives. The Vice President of Total Rewards will work closely with senior leadership to align rewards programs with the company’s strategic goals and attract, retain, and motivate top talent.

Core Responsibilities & Duties:

+ Total Rewards Strategy: Develop and lead a strategic approach to total rewards, including the design, implementation, and communication of compensation, benefits, and equity plans to ensure alignment with organizational objectives and market competitiveness.

+ Benefits Management: Oversee all benefits programs, including health and wellness, retirement plans, PTO policies, and other employee services, ensuring compliance and responsiveness to employee needs.

+ Incentive Programs: Manage short-term and long-term incentive programs, working closely with HR and leadership to design effective performance-driven rewards that drive company success and individual achievement.

+ Equity Compensation: Oversee equity programs, ensuring that equity is used effectively as a tool to engage and retain key talent, while managing compliance and communication around grants, vesting schedules, and employee inquiries.

+ Market Analysis and Benchmarking: Conduct regular market assessments to evaluate the competitiveness of compensation, benefits, and incentive programs, making recommendations for adjustments as needed.

+ Data Analytics and Reporting: Utilize data-driven insights to evaluate the effectiveness of total rewards programs, reporting key metrics to leadership and recommending areas for improvement.

+ Compliance and Governance: Ensure that all programs comply with applicable laws and regulations, while also managing risk and adhering to corporate governance standards.

+ Employee Communication and Engagement: Develop and lead communication strategies to ensure employees understand their total rewards packages, fostering engagement and maximizing the perceived value of these programs.

+ Leadership and Team Development: Lead, mentor, and develop a team of rewards professionals, ensuring the function operates effectively and collaborates across the organization.

Qualifications:

+ Education: Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; Master’s degree preferred. CCP (Certified Compensation Professional) or CEBS (Certified Employee Benefits Specialist) certification is a plus.

+ Experience: Minimum of 15 years of experience in compensation, benefits, or total rewards roles, with at least 7 years in a leadership capacity. Experience in a transportation or logistics industry is a plus.

+ Technical Skills: Strong knowledge of total rewards concepts, including executive compensation, equity, health and welfare benefits, compliance, and industry trends.

+ Leadership Skills: Demonstrated ability to lead and develop a team, manage multiple projects, and collaborate with senior leadership.

+ Analytical Ability: Excellent quantitative and qualitative analytical skills, with the ability to develop data-driven insights and translate them into actionable strategy.

+ Communication Skills: Strong verbal and written communication skills, with the ability to effectively present information and influence decision-making at all organizational levels.

Forward Air is an equal opportunity employer.

About Us

Since 1990, Forward Air has been a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. We offer surface shipping on an accelerated “time-definite” basis, delivering cargo at a specific time, but under less time-sensitive situations – supplying you with a cost effective, reliable alternative to air transportation. We work with companies of all sizes to develop tangible advantages and build the best products to meet your specific needs. Forward Air presents to the wholesale transportation community (logistics companies, freight forwarders, integrated air cargo carriers, passenger/ cargo airlines, and non-traditional shippers), a single-source provider that can deliver more supply chain services and a superior menu of choices. Throughout the years we have added supplementary lines to our linehaul service, such as full truckload operations (Truckload Services), final-mile coverage (Complete® Cartage), and an Airline Logistics program, and we will continue to expand our services to meet the changing needs and growth of our customer base.

Forward Air is structured to optimize both savings and service to our customers. Direct partnerships with owner-operators and other surface transportation providers, enable us to remain cost-competitive. The Forward Air network is designed with over 90 facilities located at or near major U.S. and Canadian airports, 12 regional sort centers and over 300 beyond points (secondary airports provided through our Complete Cartage service), creating one of the most comprehensive linehaul networks in the industry.

Ranked 3rd in Newsweeks 2022 "Americas Most Trustworthy Companies (https://www.newsweek.com/americas-most-trustworthy-companies-2022/transport-logistics-packaging) " publication

About the Team