Fresenius Medical Care

Compensation

Full Description

Job Description: • Partner with business leaders and Strategic HR Business Partners (HRBPs) to understand the function’s goals, challenges, and business priorities • Owns business strategy for own area of responsibility to inform to TR Ops. and SME • Implement total rewards strategies that support business objectives and align with the company’s global total rewards philosophy • Provide thought leadership on emerging trends and innovative practices in total rewards to address global talent needs • Primary contact of Total Rewards and our Business • Liaison to business on escalations (ambassadors) • Expert in our business specific-structures • Training/delivering of HR teams & Mgrs on TR Programs • Partnership with other HR CoEs + Functions • Develop TR budgets with the main stakeholders: business leaders, SHRBP’s, Finance Business Partners, etc. • Influence stakeholders, who regularly have divergent interests, to achieve short-term global / country objectives; represent the CoE on global / and national level. • Problems faced are difficult and are often complex. • Improve existing methods, techniques and / or processes across job áreas. • Co-Lead/Support the design, implementation, and communication of competitive compensation programs, including base pay, incentive plans, and executive compensation for the functions • Establish a library of all existing business-specific incentive or pay-related programs and ensure alignment with best practices and the establishment of globally consistent structures and processes • Collaborate with the global TR operations team to ensure consistent application of job architecture, leveling, and market benchmarking • Analyze market trends, internal equity, and pay-for-performance outcomes to make data-driven recommendations • Partner with global benefits teams to ensure benefit programs meet the needs of employees in diverse geographies while remaining cost-effective and compliant • Serve as a liaison between the functions and corporate benefits teams, identifying opportunities for enhancements and efficiencies. • Drive initiatives to improve employee understanding and appreciation of benefit offerings • Ensure compliance with local regulations and internal governance policies in all total rewards programs • Partner with legal and compliance teams to mitigate risks and address emerging regulatory changes • Act as a change agent to influence and support cultural alignment with total rewards strategies • Collaborate with cross-functional teams, including Finance, Legal, HR Operations, and regional HR leaders, to ensure seamless program delivery • Leverage data analytics to monitor the effectiveness of total rewards programs and recommend adjustments as needed • Provide business leaders with insights on trends, forecasts, and competitive positioning Requirements: • Bachelor's degree in Human Resources, Business Administration, or related fields • 8+ years' related experience • Experience supporting global business units in a complex, matrixed organization • Deep knowledge of global compensation and benefits practices, regulatory environments, and market trends • Strong interpersonal skills with the ability to communicate with all levels of management through diplomacy and tact • Demonstrated ability to manage multiple priorities and deliver results in a fast-paced environment • Interpreting and applying understanding of key financial indicators to recommend appropriate business solutions • Comfortable in working within a global environment, across multiple geographies and time-zones • High level of integrity, discretion, and professionalism. Benefits: • medical, dental, and vision insurance • 401(k) with company match • paid time off • parental leave • potential for performance-based bonuses