TERESA PACHECO
Pfafftown,NC
Summary
Looking to join an organization that is built around a shared set of values for their clients/customers as well as the employees. I believe in integrity, caring for people, and doing the right thing. I am a life-long learner and a contemporary thinker that looks for innovative ways to help employees and their families improve their wellness as well as how to use technology and data as tools for them to make better healthcare and financial decisions.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Director, Global Total Rewards
Hanesbrands Inc.
Winston-Salem, NC
09.2021 - Current
- Design and develop a global benefits philosophy and best-in-class benefits programs to attract and retain talent
- Recommend benefits programs by staying well informed about industry trends and developments in benefits offered by other organizations/competitors
- Supports decision making by analyzing benefit options and predicting future costs in collaboration with our benefits broker
- Complies with US federal, state, and local legal requirements by studying existing and new legislation; obtaining qualified opinions; enforcing adherence to requirements; advising on required actions
- Creating globally aligned and locally competitive programs in the US, EMEA, Central America & the Caribbean, and APAC in conjunction with local leaders and HR team members
- Support the development and implementation of a comprehensive communication strategy for Benefit programs, enhancing understanding of Hanesbrands benefits offerings
- Lead annual US Open Enrollment, including system updates and creating/reviewing communication materials
- Resolves employee questions and problems by interpreting benefit policies and collaborating with benefit providers
- Expedites delivery of benefits by establishing and maintaining working relationships with benefit providers
- Leads benefits budgeting process, tasks, tracks spending and ensures all costs are accounted for and reconciled
- Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies
- Prepares special reports by collecting, analyzing, and summarizing information and trends
- Administer company retirement and pension plans; including all required audits and compliance tasks
- Provide plan design guidance
- Responsibility for the strategy and overall management of two on-site health clinics located in North Carolina and Kansas
- Serves as the Company Privacy Officer and Secretary for the Employee Benefits Governance Committee
Sr. Manager, Global Benefits/Center of Expertise
Stantec Consulting Services Inc.
Phoenix, AZ
10.2011 - 04.2021
- Owns the overall design, administration, implementation, and communication of all benefit programs, including health, wellness, qualified and non-qualified financial plans, service award and employee recognition programs, work/life programs, and leaves of absence for Canada and US
- Collaborated with Sr. Manager of Global Compensation on salary survey's, job description and job evaluation project as well as market pricing for entire organization
- Total Rewards review of merit and AIP programs in conjunction with global colleagues
- Monitor benefit trends and industry best practices, evaluate plan designs, advise and make recommendations to senior leadership with a focus on improving the health and wellbeing of employees while maximizing the value proposition of our benefits offering
- Review and consultation with HR partners of global total rewards offerings in Australia, New Zealand, India, United Kingdom, Italy, Turkey, UAE, Belgium, Barbados and Expatriate programs
- Led negotiation and contracting with benefit plan providers, vendors, auditors and consultants for services, products, and plan administration
- Manage program financials and utilization, prepare annual budgets, and track all benefits related expenses
- Ensure that plans and programs are administered in compliance with federal, state, and local regulations
- Ensure that all benefit plan filings (such as Form 5500), notices, and audits are performed accurately and timely to maintain plan qualifications and compliance
- Perform due diligence and transition/integration of benefit and retirement programs for mergers and acquisitions
- Analyze current and developing legislation, benefits and absence-related regulations and other environmental factors impacting plan performance and program competitiveness
- Review and execute plan documents, benefit agreements and amendments with legal counsel
- Provide instruction to carriers, trustees and other administrative agencies as required
- Led preparation of key decision points for Governance Committees
Manager - HRIS, Compliance & Retirement
Fender Musical Instruments, Inc.
Scottsdale, AZ
09.2008 - 10.2011
Sr. Manager - Employee Benefits Operations
US Airways / America West Airlines, Inc.
Phoenix, AZ
03.2007 - 10.2008
Sr. Manager - Retirement Plans/International Benefits
US Airways / America West Airlines, Inc.
Phoenix, AZ
10.2005 - 03.2007
Education
Bachelor of Science - Applied Business Management
Grand Canyon University
Phoenix, AZ06.2016
Skills
- Project management
- Legal and regulatory compliance
- Budget management
- Analytical thinking
- Contract and vendor management
- Strategic planning
- Staff development
- Team collaboration
Certification
- Senior Professional Human Resources (SPHR), in process
- Certified Benefits Professional (CBP), course work in process
- Certified Compensation Professional (CCP), course work in process
Timeline
Director, Global Total Rewards
Hanesbrands Inc.
09.2021 - Current
Sr. Manager, Global Benefits/Center of Expertise
Stantec Consulting Services Inc.
10.2011 - 04.2021
Manager - HRIS, Compliance & Retirement
Fender Musical Instruments, Inc.
09.2008 - 10.2011
Sr. Manager - Employee Benefits Operations
US Airways / America West Airlines, Inc.
03.2007 - 10.2008
Sr. Manager - Retirement Plans/International Benefits
US Airways / America West Airlines, Inc.
10.2005 - 03.2007
Bachelor of Science - Applied Business Management
Grand Canyon University
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