Compensation Projects

REMOTE ONLY PURPOSE AND SCOPE : Responsible for leading the Global strategy and design for FME’s Total Rewards programs including Merit Process, Salary Structures, Benchmarking Strategy, Global Job Architecture, and Short-term Incentives.

PRINCIPAL DUTIES AND RESPONSIBILITIES :

• Lead the creation, strategy & design of best-in-class compensation systems, programs, policies and procedures in support of Global Total Rewards strategy as well as aligned to business strategy.
• Oversee and guide various project initiatives related to Total Rewards programs, integrating resources, teams, and budget while delivering timely results.
• Provide strategic oversight, leadership and expertise to Compensation staff ensuring that compensation and pay practices are compliant with all pertinent regulatory requirements.
• Evaluate and audit various compensation programs and metrics to identify trends and understand program value, identifying and recommending adjustments and changes as appropriate.
• Collaborate with Corporate Communications, Finance Legal, Tax and other internal stakeholders to design, develop and oversee compensation related content and materials for managers and employees.
• Provide separate training and education programs for targeted management groups as requested.
• Monitor the effectiveness of existing compensation policies, guidelines and procedures.
• Monitor the research of market conditions and the analysis of survey data to establish and maintain equitable pay grades, competitive salary structures and ranges, and competitive short term incentive programs.
• Provide leadership, guidance, and coaching for direct reports to maintain an engaged and productive workforce; oversee and manage the workload and responsibilities of assigned staff.
• Work with external compensation vendors to achieve optimal system performance and maintain effective working relationships.

PHYSICAL DEMANDS AND WORKING CONDITIONS :

The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The work is performed in a normal business office environment.
• Typically a limited amount of travel is required. EDUCATION :
• BA, BS, MA or MBA with a preferred focus on human resources management
• Certified Compensation Professional (CCP) designation or SHRM Certification (SHRM-SCP, SHRM-CP) preferred EXPERIENCE AND REQUIRED SKILLS :
• Proven professional experience of at least 5-8 years (Program Manager)
• 7+ years' experience in a senior compensation consultant / leadership role.
• 5+ years' experience with HRIS, compensation systems, and / or data management required
• Current knowledge of Compensation strategies, theories, best practices, and regulations.
• Strong management skills with the ability to lead cohesive and productive teams.
• Strong interpersonal skills with the ability to communicate with all levels of management through diplomacy and tact.
• Excellent oral and written communication skills.
• Strong analytical skills combined with effective interpersonal skills.
• Solid to expert knowledge of FLSA and Wage and Hour laws.
• Strong consultative skills to work with all levels of management in a relationship driven organization.
• Good understanding of total compensation practices.
• Competency with computer software applications such as Microsoft Office.
• Must be able to identify and solve problems creatively with a win-win focus.
• Must be flexible with the ability to work in situations where there is not unique correct answer. EO / AA Employer : Minorities / Females / Veterans / Disability / Sexual Orientation / Gender Identity Fresenius Medical Care North America maintains a drug-free workplace in accordance with applicable federal and state laws.
4 days ago