Senior Director, Executive & Germany Rewards

Leadership and management 

• Identify and communicate the actions required to implement our Total Reward strategy and the role of our executive incentives within that work; explain the link to the organization's mission, vision, and values; motivate employees to work towards these goals and perform exceptionally to achieve local business objectives. 

• Similar to the above for Executive Compensation matters, this role would also be responsible for implementing our Total Reward strategy with our Germany-based Total Rewards team and local leadership, helping ensure the our Germany Total Rewards team is aligned to our mission, working effectively together, and we are appropriately supporting the needs of our Germany-based leaders and Works Councils. 

Design of compensation programs for (top) executives 

• In partnership with the SVP of Total Rewards, develop and manage the annual and long-term remuneration programs for executives, ensuring compliance with all regulatory and legal requirements. 

Design of incentive programs 

• Develop a framework for incentivizing executives at FME worldwide; identify and address the needs of internal stakeholders; define the employee groups eligible for incentives and the parameters for incentivization; ensure compliance with external regulatory and legal requirements. 

Design of Global Long-Term Incentives 

• Responsible for the design and implementation of all global long-term incentive programs, ensuring these programs are designed to drive the appropriate long-term value and meet the needs of our business and best practice within the market. This role would be accountable for directly working with our Sr. Director of TR Operations to ensure the effective management and execution of the annual grant process, with a focus on establishing global consistency and improving the quality and user experience. 

Review of remuneration and benefits 

• Design and management of relevant regular processes in partnership with Total Reward operations (e.g. LTI grant process); definition and communication of review objectives, process, timetable, criteria and financial parameters; monitoring and reporting of results, initiation of remedial action where necessary. 

Leadership of Germany-Based Total Rewards Team 

• Responsible for being the primary leader and guide to the Germany-based Total Rewards team, acting as the representative of the SVP of Total Rewards in our HQ and critical German markets. This would include accountability for liaising with the appropriate stakeholders for any Germany Works Council initiatives, supporting the needs of the SVP of Total Rewards and CHRO, and providing day-to-day leadership of all local, German TR roles to ensure alignment with our mission and provide direct and clear consistency. 

Information and advice 

• Providing key technical advice to managers to enable the implementation of strategies, projects, and change initiatives. 

Budgets 

• Taking responsibility for setting and managing salary and remuneration budgets to ensure they are in line with the company strategy.  

Project management 

• Appropriately manage related projects in line with Total Rewards' overall project management strategy, and in partnership with TR operations and Process and Programs. 

Quality, law and compliance 

• Adherence to and compliance with all relevant FME guidelines, policies, manuals and SOPs as amended from time to time ("FME Guidelines")    

• Keep up to date with the latest version of FME policies relevant to your role and integrate the company values into your daily business    

• Ensure and monitor that the policies and services of the function are compliant with the Compliance Framework 

• Bachelor's degree in business administration, human resources, economics, finance or related fields (higher degree desirable) 
• 10-15 years of relevant experience in compensation or total rewards departments in multinational companies 
• Extensive experience in the development and implementation of compensation programs, processes, systems and tools in complex, matrix-driven global environments 
• Experience of working globally across multiple countries and regions
• Stakeholder management: Anticipating and balancing the different needs of stakeholders. 
• Developing employees: Promoting employees in such a way that their own professional goals and the company's goals are achieved at the same time. 
• Situational adaptability: adapting behavior and procedures quickly to different and changing situations 
• Promote innovation: Developing new and better ways to increase the company's success. 
• Organizational talent: Able to deal with complex issues and developments in terms of guidelines, processes and people within the company. 
• Plan and align: Plan and prioritize work to meet commitments in line with business objectives. 
• Communicate effectively: Address the individual needs of different groups through flexible, targeted communication. 
• Be results-oriented: Achieve reliable results, even under difficult conditions. 
• Financial literacy: Correctly interpret and use key financial figures to make better business decisions. 
• Industry and market expertise: Applying industry and market knowledge to achieve the company's goals. 
• Strong advisory and influencing skills essential, but practical advisory skills also required 
• Ability to present information effectively to top management  
• In-depth knowledge of C&B policies, procedures and regulations 
• Excellent understanding of the healthcare industry
• Understanding and using modern communication software and systems    
• Good IT user skills (MS Office, Loga, SAP, Intranet etc.) 
• Workday user knowledge  
• Data security and related topics  
• Fluent English is a must (presenting, writing, reading)  
• Other languages an advantage