Director, Total Rewards

Location: Chicago, IL

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Job Posted
Mar 16, 2024
Company: Cresco Labs, LLC

Company & Role Overview

Summary

COMPANY OVERVIEW

MISSION STATEMENT

JOB SUMMARY

CORE JOB DUTIES

  • Develop and oversee the implementation of innovative and equitable total rewards strategies that attract, motivate, and retain top talent.
  • Conduct comprehensive market analysis to ensure our compensation and benefits offerings are competitive and in compliance with regulatory requirements.
  • Manage the annual compensation processes, including salary planning, budgeting, and variable pay programs.
  • Lead the design and administration of employee health, welfare, and retirement plans.
  • Collaborate with senior leadership and HR partners to ensure the total rewards strategy supports the company's strategic objectives and operational needs.
  • Oversee the management of benefits vendors and third-party administrators, ensuring programs are delivered effectively and efficiently.
  • Develop and implement wellness initiatives that promote employee health and productivity.
  • Ensure that all total rewards programs are compliant with federal, state, and local regulations.
  • Provide leadership and development opportunities for the total rewards team.

REQUIRED EXPERIENCE, EDUCATION AND SKILLS

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field; advanced degree or certification (e.g., CCP, CEBS) preferred.
  • Minimum of 8 years of experience in total rewards, compensation, and benefits, with at least 3 years in a leadership role, preferably within the cannabis industry or similar fast-paced, evolving sectors.
  • Strong understanding of compensation and benefits laws and regulations, market trends, and best practices.
  • Demonstrated ability to design and implement total rewards strategies that meet business needs and improve employee engagement.
  • Excellent analytical, decision-making, and negotiation skills.
  • Effective communication and interpersonal skills, with the ability to work collaboratively across all levels of the organization.
  • Experience managing vendor relationships and working with benefits brokers or consultants.
  • Proficiency in HRIS systems and compensation management tools.
  • Ability to handle sensitive information with discretion and integrity.
  • Experience in both human resources and finance departments.
  • Knowledge of legal and financial terminology.
  • Project management certification or experience.

BENEFITS

ADDITIONAL REQUIREMENTS

  • Must be 21 years of age or older to apply
  • Must comply with all legal or company regulations for working in the industry

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Company BenefitsBenefits for this job may vary.

401(k) with Company Match, Career Advancement, Dental, Medical, & Vision Benefits, Flexible Time Off / Unlimited Vacation, Inclusive Environment, Paid Parental Leave, Paid Time Off to Volunteer, Relaxed / Casual Dress Code, Short-Term & Long-Term Disability

Working Environment

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About Cresco Labs, LLC

Cresco Labs is one of the largest public, vertically integrated, multistate operators in the cannabis industry. Our portfolio of in-house cultivated and manufactured brands features some of the highest quality, most awarded and most popular cannabis products in America. With dozens of locations nationwide, our owned and operated Sunnyside® dispensaries provide a welcoming, positive, judgement-free place to shop for anyone at any point on their cannabis journey. Founded in 2013, Cresco Labs’ mission is to normalize and professionalize cannabis through our passionate employees. As stewards of the cannabis industry, our teams are constantly focused on supporting the needs of our fellow colleagues, consumers, customers, and communities alike. With a focus on Social Equity and Educational Development, our SEED initiative ensures that our company reflects the communities in which we serve, ensuring equal opportunity for all in cannabis. At Cresco Labs, we aim to revolutionize and lead the nation’s cannabis industry with a focus on quality and consistency of product, and to bring legitimacy to the industry with the highest level of integrity and professionalism.