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Global Rewards Strategy Lead
1 week ago
About the Role:
The Director, Reward, Global is a critical leader in shaping and executing the organization's global reward strategy. This role ensures the company maintains a competitive and equitable total rewards structure to attract, retain, and engage top talent.
Key Responsibilities
- Develop and Execute Reward Strategy: Define and drive the global reward strategy, ensuring alignment with business objectives and workforce needs.
- Total Rewards Governance & Policy Development: Establish and govern compensation, benefits, incentives, and equity plans to maintain internal fairness and external competitiveness.
- Performance-Based Pay and Compensation Reviews: Design and oversee mid-year and year-end salary reviews, incentive structures, and pay-for-performance models to ensure reward structures are meritocratic and competitive.
- Corporate Staffing Budget Management: Lead the development, governance, and execution of the corporate staffing budget in collaboration with Finance and Talent and Culture teams.
- Wellbeing and Benefits Framework: Design, recommend, and implement flexible well-being and benefits programs that support associate engagement and productivity.
- SAP Implementation Roadmap & Strategy: Lead and strategize the SAP HR system implementation to enhance efficiency and data-driven decision-making in compensation and benefits.
- Executive and Incentive Compensation: Oversee and govern long-term incentive plans (LTIP), discretionary incentive plans (DIP), and short-term incentive plans (STIP).
- Expatriate & Global Mobility Management: Ensure the company has effective policies and processes for expatriate management and international assignments.
- Vendor and Partner Management: Collaborate with external HR service providers and vendors for salary benchmarking, incentive administration, and benefit plan execution.
- Strategic Collaboration: Partner closely with business leaders, Finance, and Talent and Culture teams to align reward structures with Talent and Culture initiatives.
- Lead and Develop the Global Reward Team: Provide leadership, mentorship, and development opportunities to the global reward team to enhance their effectiveness and expertise.
