What are the responsibilities and job description for the Total Rewards Manager position at Yesway?
Who We Are:
Yesway is one of the fastest-growing convenience store operators in the United States. Established in 2015, Yesway is a multi-branded platform headquartered in Fort Worth, Texas, which operates 403 stores located in Texas, New Mexico, South Dakota, Iowa, Kansas, Missouri, Wyoming, Oklahoma, and Nebraska. We operate our portfolio primarily under two successful brands, Yesway and Allsup’s. Our sites are differentiated through a leading foodservice offering, featuring Allsup’s famous deep-fried burrito, and a wide variety of high-quality grocery items and private-label products. Our geographic footprint consists of stores located in attractive rural and suburban markets across the Midwest and Southwest, where we often are the convenience retail destination of choice and effectively the local grocer. We have a successful track record of growing through acquisitions and believe we are well positioned to continue to solidify our market position and grow our store count. We have received numerous industry awards for our growth initiatives, management team, loyalty program, and our employees’ contributions to the industry. We offer competitive wages and outstanding benefits. Yesway values employees who thrive in a fast-paced, service-oriented, work culture and are focused on execution and collaboration.
The Opportunity:
Yesway is seeking an experienced Manager of Total Rewards to join our growing team. Reporting directly to the Assistant Director of Human Resources Operations, the Manager of Total Rewards will lead the planning, design, and implementation of strategic compensation and benefits programs, as well as the processes, controls, and compliance associated with supporting these programs, in an effort to support and sustain a high performing culture that attracts, motivates, retains and rewards top talent.
This hands-on leader will play a critical role in providing both strategic and tactical support for total rewards management and administration, while supervising a small but impactful team of benefits and compensation professionals.
Responsibilities:
- Driving individual and team performance by mentoring and coaching two total rewards team members.
- Overseeing the development, communication, and administration of employee benefit programs including self-insured health and welfare plans, LOA policies, retirement plans, stock plans, and other employee benefits.
- Developing robust compliance review procedures and performing monthly reconciliations of key data for employee benefit plans to ensure compliance with plan documents, including adherence to eligibility requirements, 401(k) loan payments, stock vesting and trade execution, employee withholdings and vendor payments, among other data.
- Managing all benefits-related third-party vendor relationships, annual filings, open enrollment, and employee communications.
- Supervising the timely and effective administration of STD and FMLA/LOA disability claims arising under disability insurance or leave of absence policies.
- Ensuring that all benefits programs, processes and company-sponsored plans, including their design and changes, are in compliance with all current federal and state regulations and requirements including governmental reporting and participant disclosures.
- Managing annual audit engagements for all employee benefit plans.
- Counseling HR Operations and internal stakeholders in all areas of compensation to include market analysis, administration, policies, and legal/regulatory developments related to monetary and non-monetary forms of compensation.
- Working cross-functionally with the CFO and business leaders to develop the annual budget and ongoing forecasts of corporate and retail employees’ compensation and associated employer benefit costs.
- Coordinating the design and implementation of the annual salary review and bonus process, including managing overall salary increases and bonuses within budget and coordination across business units.
- Directing the administration of bonus plans and processes, and the development of all related communications, materials, etc.
- Reviewing and maintaining market survey data, including which surveys to participate in, which to purchase and whether or not to conduct specialized surveys in order to remain competitive with market rates.
- Developing policies and procedures for the development and maintenance of an equitable wage and salary structure across the organization.
- Establishing policies and procedures for job evaluations, creation of job descriptions and determination of salary levels for all positions.
You Might Be A Good Fit If You Have:
- Held a similar role in a public company;
- Seven to ten years of progressive benefits, compensation and/or total rewards experience in a multi-unit, multi-state retail environment;
- Current knowledge of federal/state regulations related to employment and benefits, including but not limited to ACA, ERISA, ADA, FLSA, and FMLA;
- Strong organization and detail-orientation; ability to prioritize and drive forward both the daily tactical activities as well as strategic initiatives;
- Strong interpersonal and leadership skills; ability to develop relationships, communicate effectively (verbal and written), collaborate and influence at all levels of the organization; and
- Experience in incentive compensation program design and/or reward integration resulting from mergers and acquisitions.
*This position allows for relocation to the Dallas Fort Worth Metroplex.
