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Total Rewards Manager

New York, New York, United States

Fairstead is a purpose-driven real estate firm dedicated to building sustainable communities across the country. Headquartered in New York, with offices in Colorado, Florida, and Washington DC, Fairstead owns a portfolio of more than 25,000 apartments across 28 states that includes 17,000 units under management. Fairstead’s commitment to communities is realized through a comprehensive platform that leverages in-house expertise in acquisitions, development, design and construction, asset management, and property management.

Fairstead’s primary mission is to provide high quality housing to all regardless of income, and to make our stakeholders feel “Right at Home.” We accomplish this through an empathetic and innovative approach, and by utilizing our interdisciplinary platform as an investor, developer, owner, and operator.

Fairstead’s Core Values: Innovation, Determination, Integrity, Humility, Empathy and Partnerships

As the Total Rewards Manager, you will support and manage compensation and benefits strategies that attract, retain, and reward top talent at Fairstead, and ensure compliance with all regulatory requirements. This key role requires strategic thinking, collaboration, and excellent analytical skills to help manage a scaling Total Rewards program.

Reporting to the Managing Director, Human Resources, this role is pivotal in enhancing the employee experience through strategic compensation and benefits initiatives. This role offers a unique opportunity to not just execute compensation practices, but to influence strategy, improve processes, and make a lasting impact on how we reward our people. The ideal candidate will have a robust background in managing diverse compensation and benefits plans across multiple geographies.

Responsibilities:

  • Manage the organization’s compensation program. Ensure benchmark analysis and salary surveys are completed to obtain external market data.
  • Collaborate with leadership on compensation program design, analysis, and maintenance.
  • Advise company on compensation best practices and communication.
  • Oversee the creation of job descriptions and maintain accuracy of job description database, PayFactors.
  • Develop and document procedures to streamline compensation processes.
  • Manage employee benefits programs. Support overseeing the annual renewal process while partnering with our benefits brokers and internal HR Operations Team.
  • Evaluate and enhance wellness programs, including mental health, financial wellness, and employee assistance programs.
  • Support leave of absence administration and compliance with FMLA, ADA, and state-specific leave laws.
  • Manage relationships with external vendors to ensure optimal service delivery and cost-effectiveness.
  • Serve as plan administrator for company benefit programs, manage annual audit and filing requirements related to benefits and compensation.
  • Ensure compensation and benefits compliance with federal, state, and local regulatory governances.
  • Optimize benefit programs ensuring they align with employee needs and company culture.
  • Serve as a champion for change, identifying opportunities for organizational enhancement in the areas of compensation and benefits.
  • Partner with Finance and other departments to align compensation initiatives with business goals.
  • Answer general HR questions. Manage other projects and support key initiatives as assigned by Human Resources.
  • Handle confidential and non-routine information with a high level of professionalism and confidentiality.

 Requirements:

  • Bachelor’s degree in Business Administration, Human Resources, or a related field.
  • 6+ years of experience in compensation analyzing benchmark data, using survey tooling in labor markets.
  • 3+ years of experience in corporate benefit plan administration.
  • Advanced skill level in Excel and intermediate knowledge of other Microsoft Office programs.
  • Ability to work autonomously and manage multiple projects and timelines.
  • Strong analytical, verbal, and written communication skills. Ability to work with all levels within the organization.
  • Must exhibit a high level of professionalism and integrity and ability to interact effectively with all levels of employees.

Exact compensation may vary based on skills, experience, and location.

 

Salary Range

$95,000 - $130,000 USD

Diversity in backgrounds and experiences is key to Fairstead’s success. Being an equal opportunity employer is a central tenet of our philosophy that shapes who we are and the communities we serve. Our goal is to ensure competitive total compensation that is commensurate with experience, location, and other market benchmarks. 

 

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