Total Rewards Partner, Kasa Living

• Data-Driven Decisions: Effectively leverages historical and current data from internal and external sources, brought together in formula-enabled spreadsheets to make informed, data-based recommendations and create strategies to reach department OKRs. Knows when the data indicates an issue is present and can do an initial analysis on the drivers behind the data then use that information to make decisions about future actions
• Equitable Practice Leader: Possesses a deep comprehension of the employee perspective and its significance in cultivating a robust employer brand. Goes beyond conventional solutions and pioneers innovative strategies to elevate the employee experience, aligning it with long-term organizational goals
• Employee Advocate: Acts as a strategic employee advocate, shaping policies and programs that promote a positive employee experience across the organization. Collaborates with senior leadership to drive cultural change and ensure alignment with company values. Manages complex employee relations matters and guides the team of Employee Advocates
• Unparalleled Communication: Facilitates and promotes constructive dialogues, skillfully navigating diverse perspectives, conflicting viewpoints, and opinions. Exhibits empathetic communication in sensitive situations and tailors communication styles to suit varying contexts and audiences. Proficiently articulates the People team's programs, initiatives, metrics, and objectives to peers across departments, instilling confidence in their understanding
• Sound Judgment: Can see around corners to identify opportunities or threats before they occur; deploys actions based on this intuition and insight. Independently makes decisions across a broader, less defined set of responsibilities considering a wide range of data points and thoughtfully weighing the risks and rewards. Independently solicits stakeholder buy-in for decisions with medium to high and/or cross-functional impacts. Recognizes the nuanced balance between adhering to policies and adapting or tailoring them to serve the best interests of both the company and employees Teaches others how to navigate decision-making by directing them to inputs to consider and influencing buy-in on decisions that impact others

Desirable

• As the Total Rewards Partner, you will play a pivotal role in our organization's success by overseeing key areas of total rewards including benefits, perks, and compensation
• You will work closely with cross-functional teams to develop and implement strategies that attract, retain, and motivate top talent while ensuring legal and regulatory compliance
• Conduct regular benchmarking and analysis to ensure our compensation packages are competitive
• Participate in industry surveys to enable access to market data and make updates to our compensation bands accordingly
• Assist with annual compensation reviews and advise on performance-based bonus programs across the company
• Ensure compensation bands and variable bonus programs comply with state and local regulations and fit within our existing job architecture
• Work with senior leadership to enforce our Compensation Philosophy and recommend updates to it as the company grows and evolves
• Prepare and administer equity grants quarterly and host bi-annual educational sessions on stock options for all stakeholders
• Complete policy administration tasks including billing, file processing, and troubleshooting for benefits vendors
• Administer Kasa’s 401(k) program as a chartered member of the 401(k) Committee. Coordinate our annual audit and any corrective actions
• Lead annual Open Enrollment, including contribution strategy design and plan updates
• Implement new perks as budget allows, using team feedback and industry trends to inform the changes
• Stay up-to-date with compensation laws, regulations, and industry trends to ensure the company's total rewards practices are up-to-date and compliant
• Develop, update, and communicate total rewards policies and procedures, including hosting total rewards orientation for new hires
• Conduct regular audits to monitor compliance and implement corrective actions when necessary
• Own all ACA compliance and end-of-year filing requirements
• Analyze compensation data and metrics to provide insights for decision-making and continuous improvement on DE&I metrics
• Generate models, forecasts, and reports on key compensation metrics and trends for leadership and stakeholders
• Role OKR: Optimize Total Rewards Management
• Key Initiative: Conduct a bi-annual compensation benchmarking analysis by March 2024 and create a proposal for 2024 adjustments to compensation packages to maintain competitiveness throughout the year, keeping in mind company trajectory and resources
• Key Initiative: Successfully execute annual compensation reviews and performance-based bonus programs with 100% employee participation by the end of Q3 2024
• Role OKR: Ensure Compliance and Policy Management
• Key Initiative: Establish a benefits compliance auditing calendar in Q1 2024 and develop action plans to remediate any results with < 95% compliance
• Stretch Goal: Kasa’s 401(k) plan passes 2024’s non-discrimination test, resulting in zero corrections needed
• Role OKR: Improve Data Analysis and Reporting
• Key Initiative: Generate and share quarterly reports on key benefit/comp metrics and trends regarding peer equity and headcount growth cost implications with leadership and stakeholders starting in H1 2024