Director, Total Rewards

🕒 May 12

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Empire State Realty Trust

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality. ESRT’s flagship Empire State Building – the “World’s Most Famous Building” – includes its Observatory, the #1 attraction in the U.S. in Tripadvisor’s 2023 Travelers’ Choice Awards: Best of the Best for two consecutive years. As of December 31, 2023, ESRT's portfolio is comprised of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

📋 Description

• Lead payroll operations and administration to ensure accuracy, efficiency, and compliance • Maintain oversight of the Company’s 401K plan including vendor assessment, negotiations, and regulatory matters • Ensure accurate budgeting and recording of compensation related costs and review the recurring monthly compensation accounting entries posted by Corporate Accounting • Maintain organized database of all aspects of compensation (history of salary, bonus, equity grants) and ensure accurate record-keeping (including all offer letters, grant documents) • Execute annual and mid-year compensation processes in partnership with SVP, HR Strategy & Operations • Ability to lead successful transition to new Total Rewards/HRIS system • Direct all aspects of benefits strategy and administration, including health and wellness programs and retirement plans • Manage the process to obtain, process, and communicate annual compensation (Cash/Equity) updates including valuation of equity awards • Develop compensation budgets, forecast spend and build a process to ensure our annual and mid-year changes fall within budget and are aligned to business goals; Prepare and document thoughtful analysis to summarize variances against budgets and forecasts to aid in decision making • Work closely with the HR department to ensure accurate budgeting and recording of compensation related costs and prepare the recurring monthly compensation accounting entries • Oversee and execute pay equity analysis with outside vendors as needed • Ensure compliance with global regulatory requirements (e.g., ERISA, GDPR, WARN, TUPE) • Partner with IT and cross-functional stakeholders to maximize the use of HRIS, analytics tools, and automation technologies • Drive continuous improvement and transformation initiatives across HR, enabling greater transparency, consistency, and efficiency

🎯 Requirements

• Experience with Union employee payroll is required; Experience with SEIU Local 32BJ, IUOE Local 94, and IUOE Local 30 preferred • Extensive experience with HRIS/Payroll systems; ADP Workforce Now preferred • Practical experience with financial analysis • Strong communication, leadership, and collaboration skills • Proficient in accounting systems (preferably Yardi Voyager) • Strong skills in Excel and Microsoft Office • Executive compensation experience preferred • CCP (Certified Compensation Professional) certification a strong asset • Experience with process automation software such as Alteryx and/or Power BI highly preferred

🏖️ Benefits

• Competitive base salary and bonus • Health/Dental/Vision insurance • Company sponsored Life, AD&D, STD (with Salary Continuation), and LTD Insurance • Voluntary Enhanced LTD Program • Voluntary Hospital, Accident, and Cancer Programs • 401(k) with 100% match up to 5% • Paid parental leave • Pre-tax transit accounts • Employee Assistance Program for emotional, financial, and legal support