Associate Director Total Rewards Business Partner

Fresenius Medical Care; Waltham (MA); On-site; USD 120,000 - 160,000; Full time

Job summary

Fresenius Medical Care is seeking an Associate Director, Strategic Total Rewards Business Partner for Care Delivery North America. This role involves strategic leadership in total rewards, ensuring alignment with business goals and driving employee engagement through competitive compensation and benefits programs.

Qualifications

• Approximately 8-10 years of professional experience with managerial roles.
• Deep knowledge of global compensation and benefits.
• Strong interpersonal and communication skills.

Responsibilities

• Lead total rewards strategies and implementation, aligning them with business objectives.
• Partner with HR and business leaders to analyze workforce priorities.
• Ensure compliance with local regulations in total rewards programs.

Skills

Management

Interpersonal Skills

Analytical Skills

Education

Bachelor's degree in Human Resources, Business Administration, or related fields

Job description

PURPOSE AND SCOPE:

The Associate Director, Strategic Total Rewards Business Partner – Care Delivery North America serves as a strategic advisor and subject matter expert to our Care Delivery North America, ensuring that our total rewards strategies align with business objectives, attract top talent, and drive employee engagement. This role will provide comprehensive leadership and consultation on global compensation, benefits, and recognition programs, ensuring these initiatives are competitive, equitable, and compliant with local regulations across the regions where the business unit operates.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

Strategic Business Partnership:

• Partner with business leaders and Strategic HR Business Partners (HRBPs) to understand the function’s goals, challenges, and workforce priorities.
• Owns business strategy for own area of responsibility to inform to TR Ops. and SME.
• Implement TR strategies that support business objectives and align with the company’s global total rewards philosophy.
• Develop short to mid-term TR strategy (1-2 years) for own area of responsibility, with a strong partnership with the strategic HRBP’s and business leaders.
• 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.
• Analyzes and resolves numerous and undefined complex problems and issues requiring solutions that consider possible impact on several dimensions of the business.
• Interprets, executes and recommends policies / procedures related modifications.

Compensation:

• Lead 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.
• Partnering with the global TR Operations team and SME’s to manage strategic requirements, such as strategic market reviews, new bonus plans, benefits, etc.

• Analyze market trends, internal equity, and pay-for-performance outcomes to make data-driven recommendations.

Benefits:

• 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.

Governance and Compliance:

• 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.

Leadership and Collaboration:

• Lead a team of total rewards professionals, providing mentorship, coaching, and development opportunities.
• 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.

Analytics and Reporting:

• 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.

EXPERIENCE AND REQUIRED SKILLS:

• Bachelor's degree in Human Resources, Business Administration, or related fields.
• Extensive professional experience (approximately 8 –10 years as a guide), including substantial
• managerial experience as well as in-depth knowledge of the market and competitors, including at least 4 years of managerial experience.
• Proven experience supporting global business units in a complex, matrixed organization.
• Deep knowledge of global compensation and benefits practices, regulatory environments, and market trends.
• Strong management skills with the ability to lead cohesive and productive teams.
• Strong interpersonal skills with the ability to communicate with all levels of management through diplomacy and tact.
• Demonstrated ability to manage multiple priorities and deliver results in a fast-paced environment.
• Interpreting and applying understanding of key financial indicators to recommend appropriate business solutions
• Comfortable in working within a global environment, across multiple geographies and time-zones
• High level of integrity, discretion, and professionalism

EO/AA Employer: Minorities/Females/Veterans/Disability/Sexual Orientation/Gender Identity

Fresenius Medical Care North America maintains a drug-free workplace in accordance with applicable federal and state laws.