Director Total Rewards

Director Total Rewards
Dräger

United States, Massachusetts, Andover

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Salary

$167,949 - $214,454 Per Year

Rank

Director

Responsibility

Process Roles

Scope

Regional

Workplace

Hybrid

Functions

HR

IT

Reports to
Level

-2

Travel Max:

0%

Posting Date

05-01-2024

Description

Provides leadership on Total Rewards strategy, design and implementation that aligns with business strategy and market competitiveness, as it relates to benefits, well being rewards, and compensation. Develops a multifaceted Total Rewards strategy through benefit programs that delivers, engages and support employees’ overall wellbeing; while attracting top talent, increasing employee retention and engagement with a cost consciousness focus. Provides leadership and management of HR COEs, ensuring continuous evaluations and improvement of HR processes and systems so that they contribute added value and effective service delivery to the organization.

Director Total Rewards

Key Responsibilities

  • Develops and implements strategic operating plans for benefits, compensation, and partners with HRIS team to implement changes. Establishes the goals, strategies, action plans and measurements required to ensure programs support business objectives
  • Oversee the Benefits and Compensation programs including analysis, market competitiveness, cost-efficiency, and policies
  • Partners & manage external vendors, broker, and consultants supporting Total Rewards & HRIS to ensure that Draeger is positioned competitively and stays current on market trends and changes in the industry
  • Design, innovate and execute on health & welfare benefits to attract and retain talent. Manages and evaluates benefit programs, in partnership with our broker/partners and with an eye towards innovation, wellbeing, cost and value to employees and company. Reviews and analyzes the benefits market to determine employee needs, trends, regulations and practices, and either amplifies existing or recommends and develops new programs
  • Champions the communication and education of compensation and benefit programs throughout all levels of the organization.
  • Hands on management of executive compensation and key partner to the SVP of HR, including advising on executive compensation trends to ensure competitiveness
  • Manages executive compensation plans and documents, ensuring compliance as required. Also supports work with the Compensation Committee
  • Develops and maintains audit plan to ensure that internal and legislative policy requirement are met including knowledge of relevant and related government rules and regulations in the areas of benefits and compensation, including ERISA, FLSA, ADA, FMLA, ACA, COBRA, OSHA, HIPPA, etc.
  • Provides consultative advice in wide-range of topics (compensation, benefits, technology, analytics, and operation efficiencies) to HR partners and cross functional partners
  • Leads, coaches, mentors and inspires a team to deliver on organizational strategy
  • Performs other duties as needed and assigned

Qualification & Requirements

Education

Bachelor’s Degree in relevant discipline: Masters preferred

Related Experience

  • 15+ years of combined experience in areas of benefits, compensation and HRIS
  • Minimum of 5 years’ experience at a Sr. Manager level or above leading a team of HR professionals in the areas of benefits, health & wellness, compensation and HRIS
  • Experience in self-insured benefits plans and 401K plans

Special Competencies Or Certifications

  • Certified Compensation Professional (CCP), Certified Employee Benefits Specialist (CEBS), PHR, SHRM-CP/SCP, SAP, ADP preferred
  • Strong knowledge in Compensation, Benefits
  • Strong knowledge of HR legal & regulatory framework
  • Ability to multitask and lead projects
  • Ability to work effectively in a shared services environment as a leader and team player. Strong decision-making skills and ability to provide recommendations to C-Suite and Executive Team
  • Provides direction, enables others, delivers results & embraces diversity to create value for the customer by building trust
  • Strong business acumen, leadership and interpersonal skills
  • Must have excellent communication and presentation skills
  • Demonstrated ability of working with management to ensure the success of key initiatives
  • Strong negotiations & vendor management skills
  • Strong internal and external customer service skills
  • Ability to work autonomously and deliver on business results
  • Strong familiarity with HR Databases and Microsoft Office including PowerPoint and Excel

Benefits

  • Insurance, Health & Wellness
  • Financial & Retirement
  • Family & Parenting
  • Vacation & Time Off
  • Other Perks & Discounts…

Company Profile

Dräger
Industry

Manufacturing

Revenue

$3.7B

Employees

16,260

Fortune 500 Rank

NA

Global 500 Rank

NA

View Company Profile