Global Compensation And Benefits Director - Jso-908 - [Js244]

GLOBAL COMPENSATION AND BENEFITS DIRECTORPlease note that the position will be based in Madrid, so an eligible work permit is needed.Who we areThe Head of Compensation & Benefits is accountable for the strategy, implementation, and administration of all compensation and employee benefits programs and processes globally. This position establishes the guidelines for global and local compensation plans as well as benefit programs; provides special guidance and assistance to all Departments and locations on ensuring compliance with these guidelines and programs while advising on innovative and creative ways to compensate Team Members and to provide them with useful benefits that promote engagement and aid retention.Main Responsibilities:Establish the organization's compensation strategy - pay structure, variable compensation, benefits offerings, and equity programs.Advise and support in the development and execution of short-term and long-range plans and budgets based on broad corporate goals, acquisitions, strategic planning, and growth objectives.Conduct salary benchmark analysis to update the compensation strategy as appropriate and to identify opportunities in compensation that result in additional benefits for the employee or savings to the company.Design and lead the salary review process.Manage the variable compensation programs to ensure compliance with program details and payment schedules.Advise HR and functional leaders to ensure competitive pay rates and benefits programs for employee retention or recognition.Design policies for and manage relocation programs.Choose and manage outside partners such as benefits vendors and brokers.Negotiate competitive rates for global and local benefits and services for employees.Create and revise employee benefits policies to assess whether they are current, competitive, and legal.
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