Total Rewards Manager

Posted 3 Days Ago
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Detroit, MI, USA
In-Office
Senior level
Fintech • Financial Services
Helping clients achieve homeownership and financial freedom with simple, fast and trusted digital solutions.
The Role
Lead design and administration of compensation and benefits programs, including salary structures, job architecture, benchmarking, vendor management, open enrollment, retirement plans, and compensation decisions for hiring, promotions, and market adjustments.
Summary Generated by Built In

ABOUT BEDROCK

Bedrock is an award-winning real estate developer focused on comprehensive city building initiatives in Detroit and Cleveland. Its work includes creating iconic cityscapes, rehabilitating historic properties, and making space for the community—all with the philosophy to operate for more than profit.
Since 2011, Bedrock has invested and committed more than $7.5 billion to develop and restore more than 140 properties, totaling over 21 million square feet of office, retail, residential, hospitality, industrial, data centers and parking. In 2024, Bedrock was named one of the world’s Most Innovative Companies by Fast Company.
For additional information about Bedrock, please visit bedrockdetroit.com or connect with us on Facebook, Instagram, LinkedIn and X.

POSITION SUMMARY

The Total Rewards Manager leads the design, implementation, and ongoing administration of Bedrock’s compensation and benefits programs. This role serves as the functional leader for Total Rewards, ensuring programs are competitive, consistent, and aligned with Bedrock’s pay‑for‑performance philosophy and organizational priorities.

This role partners closely with People Strategy leadership, Operations, Payroll, and external vendors to design and maintain compensation frameworks, benefits programs, and job architecture that support business needs and decision‑making consistency.

The Total Rewards Manager drives both strategic design and operational execution, ensuring accurate, compliant, and disciplined delivery of compensation and benefits programs while supporting a high‑quality and consistent team member experience.

ESSENTIAL FUNTIONS

Compensation Design & Administration

  • Leads the design, implementation, and ongoing management of compensation frameworks, including salary structures, job architecture, and incentive programs, ensuring alignment with pay‑for‑performance principles, market benchmarking, and internal equity.

  • Provides recommendations for compensation offers for new hires, serving as the first point of review and ensuring alignment with internal equity, compensation frameworks, and established review and approval practices.

  • Evaluates and provides guidance on promotion and market adjustment recommendations, ensuring alignment with performance outcomes, internal equity, compensation frameworks, and market data.

  • Conducts and applies market benchmarking and salary survey data to ensure competitive, consistent, and equitable compensation practices.

  • Supports compensation cycles and pay adjustments, ensuring alignment with performance outcomes, established structures, and organizational guidelines.

Benefits Strategy & Administration

  • Oversees benefits administration and vendor coordination, including broker relationships, renewals, open enrollment, and plan communications.

  • Partners with external brokers to guide benefits strategy, compliance, and plan design, with a focus on transitioning toward internal ownership.

  • Leads the execution of open enrollment, ensuring accurate communication, coordination, and a positive team member experience.

Total Rewards Operations & Compliance

  • Administers retirement programs (including 401(k)) in partnership with Payroll, ensuring coordination with vendors and compliance with plan requirements.

  • Provides reporting and analysis of compensation and benefits data to identify trends and inform decision-making.

  • In partnership with the PS Operations Manager, manages and maintains the compensation guidebook and benchmarks, incorporating market data and salary survey insights.

Vendor & Cross-Functional Partnership

  • Manages relationships with external Total Rewards vendors, including benefits brokers and related service providers, ensuring performance, service quality, and alignment with organizational needs.

  • Partners with People Strategy, Recruiting, Payroll, and business leaders to ensure consistent execution of compensation and benefits processes and clear, effective communication of Total Rewards programs.

  • All other duties as assigned

POSITION QUALIFICATIONS

  • Applies independent judgment to support compensation and benefits decisions, including evaluating pay recommendations, vendor input, and compliance considerations.

  • Working knowledge of compensation structures, benchmarking, job architecture, and benefits programs.

  • Experience applying compensation frameworks to hiring, promotion, and market adjustment decisions and coordinating benefit program activities such as renewals and open enrollment.

  • Demonstrates organization, attention to detail, and discretion in handling sensitive information.

POSITION REQUIREMENTS

  • Bachelor’s degree in Human Resources, Business, Finance, or related field (or equivalent experience).

  • Minimum 5+ years of experience in compensation, benefits, or Total Rewards.

  • Experience supporting compensation decisions including offers, promotions, and market adjustments.

  • Experience administering benefits programs and working with external vendors or brokers.

KEY COMPETENCIES

  • Communication: Clearly articulates vision and expectations, adapts messaging to diverse audiences, fosters open dialogue, and manages conflict constructively.

  • Planning & Organization: Aligns team efforts with strategic goals, delegates effectively, anticipates challenges, and drives accountability and results.

  • Problem Solving: Proactively identifies and resolves issues, promotes critical thinking, and supports continuous improvement and collaboration.

  • Culture & Ethics: Models integrity and inclusivity, champions organizational values, and fosters a positive, ethical, and inclusive work environment.

  • Technical Expertise: Applies and develops industry knowledge, mentors others, and stays current with trends to drive performance and innovation.

  • Leadership + Accountability: Demonstrates accountability by setting clear expectations, making sound decisions, and taking ownership of results while building strong relationships, modeling organizational values, and adapting effectively to change. 

WORK ENVIRONMENT

  • Bedrock is an in-person, five-day-a-week workplace. All team members are expected to work on site Monday through Friday during standard business hours, unless otherwise specified by their role or designated shift.

  • Some roles may have flexibility to work remotely on Fridays, based on the nature of the work and business needs. This flexibility is granted at the discretion of the Company and may be adjusted at any time.

  • Prolonged periods of sitting and computer use; occasional movement between buildings; ability to lift up to 15 lbs. Occasionally.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities and may be modified periodically.

DISCLAIMER

This job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.

Bedrock is an equal-opportunity employer.

Skills Required

  • Bachelor's degree in Human Resources, Business, Finance, or related field (or equivalent experience)
  • Minimum 5+ years of experience in compensation, benefits, or Total Rewards
  • Experience supporting compensation decisions including offers, promotions, and market adjustments
  • Experience administering benefits programs and working with external vendors or brokers
  • Working knowledge of compensation structures, benchmarking, job architecture, and benefits programs
  • Demonstrated organization, attention to detail, discretion handling sensitive information

Rocket Companies Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Rocket Companies and has not been reviewed or approved by Rocket Companies.

  • Healthcare Strength Coverage includes medical (Blue Cross Blue Shield or Kaiser in CA), dental (Delta Dental), vision (Heritage Vision), life and disability insurance, and employee assistance with no‑cost mental health support. Wellbeing resources extend to pet insurance and on‑site fitness classes.
  • Parental & Family Support Paid leave supports birth, adoption, and fostering, alongside fertility benefits and adoption assistance up to $10,000. Family resources include childcare supports, daycare discounts, and Care.com membership.
  • Leave & Time Off Breadth Paid time off allows up to four weeks in the first year. Time away also includes seven company holidays and additional personal significance days.

Rocket Companies Insights

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The Company
HQ: Detroit, MI
364 Employees

What We Do

Rocket Companies® is a Detroit-based company made up of businesses that provide simple, fast and trusted digital solutions for complex transactions. The name comes from our flagship business, now known as Rocket Mortgage®, which was founded in 1985. Today, we’re a publicly traded company involved in many different industries, including mortgages, fintech, real estate, automotive and more. We’re insistently different in how we look at the world and committed to an inclusive workplace where every voice is heard.

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