Full-Time

Total Rewards Manager

Posted on 10/2/2024

solidcore

solidcore

1,001-5,000 employees

High-intensity, low-impact resistance training classes

Education
Consumer Goods

Compensation Overview

$90k - $100kAnnually

+ Bonus

Senior

Arlington, VA, USA

Hybrid position in Arlington, Virginia.

Category
Human Resources
People & HR
Requirements
  • 5-7 years experience in compensation and benefits/total rewards
  • Must have strong analytical skills with a high level of attention to detail
  • Must have strong communication skills both verbally and written
  • Bachelor's Degree (BA or BS) - preferred
  • Extensive compensation experience - preferred
Responsibilities
  • Provide subject matter expertise by interpreting plan documents and/or company policies.
  • Communicate with and educate business partners when implementing and administering benefit plans, policies and/or procedures.
  • Conduct analyses of jobs, hourly wages, salaries, and incentives to evaluate internal equity, external competitiveness, and compliance across the employee lifecycle.
  • Support Talent Acquisition, People Business Partners, and leadership with employee pay changes.
  • Lead pay equity audits, reporting requirements and monitors all relevant laws and regulations related to compensation.
  • Support various compensation projects, job architecture redesign, salary analysis, creation of salary structure and reorganizations.
  • Support the annual merit review process.
  • Conduct compensation benchmarking and prepare reports to inform strategic decisions.
  • Partner with finance and other departments to ensure accurate budgeting and forecasting for compensation-related expenses.
  • Design and manage the annual benefits review and renewal process for all benefit programs.
  • Establish and maintain benefit vendor relationships ensuring procedures are followed to minimize cost and provide data-driven input to the decision-making process from year to year.
  • Manage leaves via our LOA System via Principle admin.
  • Coordinate and execute the annual benefits enrollment process, including developing communication materials and resources and partnering with benefit administrators to make the necessary updates.
  • Identify and plan for technology needs to support benefits initiatives including vendor integrations, file feeds, benefits audits and compliance testing and reporting.
  • Ensure compliance on a broad range of applicable laws including ERISA, COBRA, HIPAA, FSAs, HSAs, FMLA, ADA, EEOC, ACA and other state and federal laws.

Solidcore offers high-intensity, low-impact resistance training workouts through 50-minute classes that emphasize slow, purposeful movements targeting core muscles. These workouts are designed to be both challenging and safe, reducing the risk of injury while maximizing muscle engagement. The company caters to fitness enthusiasts of all levels, providing both in-studio and online class options. Solidcore's business model includes individual class bookings, memberships, corporate packages, and a referral program that rewards clients for bringing in new members. Additionally, the company sells fitness-related merchandise and equipment, creating multiple revenue streams. Solidcore's goal is to make effective fitness accessible to a wide audience while ensuring steady growth in the health and wellness market.

Company Stage

Acquired

Total Funding

$6.5M

Headquarters

Washington, District of Columbia

Founded

2013

Growth & Insights
Headcount

6 month growth

130%

1 year growth

130%

2 year growth

143%
Simplify Jobs

Simplify's Take

What believers are saying

  • Solidcore's acquisition by L Catterton supports growth and market expansion.
  • The rise of hybrid fitness models aligns with Solidcore's business strategy.
  • Increased demand for personalized fitness experiences benefits Solidcore's tailored workouts.

What critics are saying

  • Rapid expansion plans may lead to operational inefficiencies.
  • Increased competition from similar boutique fitness studios could dilute market share.
  • Reliance on subscription models may face challenges if consumer preferences shift.

What makes solidcore unique

  • Solidcore offers high-intensity, low-impact workouts on custom-built reformers.
  • The company provides a unique 'Fail With Us' campaign to embrace growth through challenges.
  • Solidcore combines in-studio and digital offerings, catering to a broad audience.

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