Director, Total Rewards
Job Description
About Ruggable:
Ruggable is a leading direct-to-consumer e-commerce brand based in Los Angeles, California with an extraordinary track record of high, profitable growth. We pride ourselves on having an extremely loyal customer base and a talented team made up of genuinely caring people who take action and deliver results. We are venture-backed and own a patented washable rug design that’s disrupting the home décor industry. Our mission is to empower our customers to live vibrantly with beautiful products that don’t compromise on function. If you’re passionate about consumer products, e-commerce, and high-growth start-ups, keep reading!
Job summary:
Ruggable is a Los Angeles-based, venture-backed, rapidly growing e-commerce startup that is disrupting the $7B rug industry and revolutionizing the market for residential rugs. Our patented 2-Piece Rug System allows you to remove the top layer of your rug and wash it in your home washing machine, offering an affordable, stylish and convenient solution for young families, pet owners, and busy individuals. We’re a small, entrepreneurial team with big ambitions. We have a strong brand, established traction, and amazing advisors fueling our steady growth. This is an opportunity to get in at the ground floor and solve for complex challenges, while charting your own career.
As Ruggable continues to grow, we are seeking a Director, Total Rewards to lead our efforts in designing and implementing a comprehensive total rewards strategy that aligns with our company’s values and strategic objectives. Responsibilities include designing and implementing competitive compensation structures, incentive programs, and employee benefits packages, while advising and collaborating with Executive Leadership, HR teams, and external partners to ensure alignment with company objectives, industry standards, and legal guidelines.
Key duties involve conducting market analyses, managing compensation planning, overseeing benefits administration, and providing strategic guidance to enhance employee attraction, retention, and motivation.
This role extends beyond just compensation and benefits and encompasses various elements that collectively make up the “total rewards” package. As the Director, Total Rewards, you will play a vital role in creating a positive employee experience and helping us attract and retain top talent. Staff support will develop over time but initially will require an individual contributor who is comfortable balancing strategic initiatives with tactical project management.
If you are a highly motivated and strategic Total Rewards professional looking for an exciting opportunity to shape our company’s total rewards strategy, we invite you to apply for the Total Rewards Senior Manager position at Ruggable. Join our team and help shape the future of our organization while supporting our People Team in creating an excellent culture for our employees.
What you’ll do:
Compensation Strategy & Philosophy Management
- Develop and maintain compensation programs including job architecture, level analysis, salary structures, equity analysis, and retention programs.
- Ensure company-wide compensation philosophy and strategy maintains market competitiveness, supports our mission, values, and business objectives, and enhances engagement and retention.
- Design and administer salary structures, bonus programs, equity and incentive plans.
- Serve as the primary liaison to the executive team and compensation committee, providing expert advice and insights on executive compensation, incentive plans, and equity programs.
- Continuously evaluate and adjust compensation structures to attract, retain, and motivate top talent.
- Conduct research, quantitative analysis, data modeling, and the presentation of data to senior leadership to see beyond the numbers and understand trends to drive strategic decisions around total rewards.
- Provide thought leadership to the business on compensation issues including new hire packages, performance recognition, incentive plans, retention, and overall compensation structure.
- Lead the annual compensation planning process, including salary reviews, bonus structure determinations and equity grants.
- Utilize data and analytics to measure the effectiveness of total rewards programs and identify optimization opportunities.
Benefits Administration
- Oversee employee benefits programs, including health insurance, retirement plans, wellness programs, and other perks.
- Enhance the company’s benefits and wellness programs to support employee well-being and work-life balance.
- Evaluate and negotiate benefits packages, including health insurance, retirement plans, and other employee perks.
- Ensure benefits compliance with local laws and regulations in international locations.
Total Rewards Communication
- Provide counsel to the Vice President, People and Executive Leadership regarding all total rewards decision-making.
- Communicate and educate employees about their compensation and benefits packages.
- Develop clear and transparent communication materials to help employees understand the value of their total rewards.
What you’ll need to have:
- Bachelor’s degree in Human Resources, Business Administration, or a related field.
- 8+ years of experience in compensation and benefits, leading internal and external market analysis, equity programs and competitive rewards, employee benefits (medical/dental/401k) and other reward initiatives.
- Proven experience building compensation programs from the ground up, including equity-based programs.
- Strategic mindset with a knack for transforming ideas into impactful total rewards initiatives.
- Strong analytical capabilities, coupled with a creative flair to balance data with actionable insights, recommendations and insights.
- Strong consultative skills and highly effective in communicating clearly and persuasively with excellent influencing skills.
- Certified Compensation Professional (CCP) or similar certification is a plus.
Compensation:
- $160,000 per year annual salary
- An annual bonus percentage that varies based on level of role
- Employer matching (up to 3% of base salary) for company sponsored 401K plan
At Ruggable, we offer competitive compensation and benefits packages. Ruggable is an Equal Employment Opportunity employer. We proudly recruit and hire a diverse workforce and are committed to creating an inclusive environment for all employees.
If you are based in California, we encourage you to read this important information for California residents linked here.
To all recruitment agencies: Ruggable does not accept unsolicited agency resumes. Please do not forward resumes to our jobs alias, Ruggable employees or any other company destination. Ruggable is not responsible for any fees related to unsolicited resumes.
