Total Rewards Manager
hace 3 semanas
Grifols is a global healthcare company that has been improving the health and well-being of people around the world since 1909. We are leaders in plasma-derived medicines and transfusion medicine, and we develop, produce, and market innovative medicines, solutions, and services in over 110 countries and regions.
About the RoleWe are seeking a highly skilled Total Rewards Manager to shape our total rewards agenda on both compensation and benefits sides. The successful candidate will participate in the design and implementation of executive compensation, long-term incentive plans, variable schemes, total reward design, job description evaluation, salary reviews, merit increase processes, and more.
Key Responsibilities- Design and administer executive compensation plans, including short- and long-term incentive plans.
- Prepare compensation reports and recommendations for the Board of Directors and Compensation Committee.
- Develop and implement comprehensive total reward programs, including base pay, incentives, benefits, and recognition programs.
- Ensure total rewards strategies are competitive, cost-effective, and aligned with business goals.
- Communicate total rewards programs to employees, ensuring understanding and engagement.
- Lead annual salary review processes, ensuring competitiveness and alignment with market trends.
- Conduct market research and benchmarking studies to inform salary structures.
- Provide recommendations for salary adjustments and increases based on performance and market data.
- Design and implement variable compensation schemes, including sales incentives, bonuses, and other performance-based rewards.
- Analyze the effectiveness of variable compensation programs and make data-driven adjustments to optimize performance and motivation.
- Ensure variable compensation schemes are aligned with business objectives and market practices.
- Conduct thorough job analysis and evaluations.
- Collaborate with department heads to understand role requirements and expectations.
- Design and manage the merit increase process, ensuring transparency and fairness.
- Develop guidelines and tools for managers to effectively conduct performance reviews and merit assessments.
- Monitor and analyze merit increase distributions to ensure equity and alignment with company policies.
- Develop, implement, and update compensation and benefits policies and procedures.
- Ensure compliance with local, national, and international regulations.
- University Degree in HR, Business Administration, Economics, Management, or similar.
- At least 6 years of relevant experience in a similar position.
- Knowledge of compensation and benefits principles, practices, and regulations.
- Proven experience in designing and managing variable compensation schemes.
- Experience working with HRIS and compensation analysis tools.
- Excellent communication and presentation skills.
- Detail-oriented person with strong analytical and problem-solving skills.
- Result-driven person and team player, able to collaborate with cross-functional teams to achieve objectives.
- Fluent level of English and Spanish.
Grifols is an equal opportunity employer. We offer a brilliant opportunity for someone with the right talents. We'll help you grow professionally.
Information about Grifols is available at www.grifols.com. If you're interested in joining our company and you have what it takes, then don't hesitate to apply.
We look forward to receiving your application.
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