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Fresenius Medical Care · 1 day ago

Strategic Total Rewards Business Partner

United States

Full-time

Remote

Senior Level, Lead/Staff

8+ years exp

Fresenius Medical Care is seeking a Strategic Total Rewards Business Partner who will serve as a strategic advisor and subject matter expert, ensuring alignment of total rewards strategies with business objectives. This role involves leadership and consultation on global compensation, benefits, and recognition programs, aimed at attracting top talent and driving employee engagement.

BiotechnologyHealth CareMedical Device

Responsibilities

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

Qualification

Global compensation expertiseBenefits program managementData analyticsRegulatory complianceInterpersonal skillsHuman Resources degreeBusiness Administration degreeMatrix organization experienceFinancial indicators understandingHigh integrityProfessionalism