Would you like to join an international team working to improve the future of healthcare? Do you want to enhance the lives of millions of people? Grifols is a global healthcare company that since 1909 has been working to improve the health and well-being of people around the world. We are leaders in plasma-derived medicines and transfusion medicine and develop, produce and market innovative medicines, solutions and services in more than 110 countries and regions. We believe that diversity adds value to our business, our teams and our culture. We are committed to equal employment opportunities that foster an inclusive environment.
We are looking for a Total Rewards Project Manager to shape Grifols' total rewards agenda on both compensation and benefits side, to make a significant impact on employee satisfaction, engagement and retention. The employee 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, etc.
What your responsibilities will be:Executive Compensation: 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.Total Reward Design: 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.Salary Review and Benchmarking: 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.Variable Compensation Schemes: 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.Job Description Evaluation: Conduct thorough job analysis and evaluations. Collaborate with department heads to understand role requirements and expectations.Merit Process Management: 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.Policy Development and Compliance: Develop, implement, and update compensation and benefits policies and procedures.
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