How much does a Director of Total Rewards make hourly at companies like ESPEY MFG & ELECTRONICS CORP in the United States? The average hourly wage for a Director of Total Rewards at companies like ESPEY MFG & ELECTRONICS CORP in the United States is $87 as of March 26, 2024, but the range typically falls between $79 and $98. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
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The Director of Total Rewards develops and administers all compensation and benefits programs designed to attract and retain employees. Directs an organization's compensation and benefits department's policies, objectives, and initiatives. Being a Director of Total Rewards monitors trends and provides recommendations for improvements. Ensures compensation and benefits programs remain within budgetary constraints. In addition, Director of Total Rewards creates policies and initiatives to ensure compensation and benefits programs follow all legal and organizational rules and guidelines. Requires a bachelor's degree. Typically reports to senior management. The Director of Total Rewards manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Director of Total Rewards typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
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Core compensation
Includes base and short-term incentives
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