Fresenius Medical Care is a global leader in healthcare with a dedicated focus on providing high-quality services to patients worldwide. We are seeking a highly skilled and motivated Global Compensation and Benefits Analyst to oversee compensation and benefits activities for a cluster of EMEA countries. This position plays a crucial role in ensuring the effectiveness and efficiency of our compensation and benefits programs, while also supporting HR shared services and GBS teams.
Key Responsibilities - Compensation and Benefits Administration:
Manage day-to-day administration of compensation and benefits programs for the EMEA region.Act as a local compensation and benefits expert to review, enhance and deliver best practices.
Compensation Perform regular accurate analysis competitiveness of existing compensation programs.Lead creation, alignment and delivery of programs, policies along with procedures to structure new hire offers, promotions at a local and cluster level.Lead structured review in job analyses, competitive benchmarking and salary adjustments according to global governance as well as collective bargaining agreement adhoc adjustments.
Benefits Ensure all insurance plans and benefits programs are effectively communicated and administered.Collaborate with insurance vendors to resolve issues and improve service delivery.Oversee the payment process to ensure all vendors are paid accurately and timely.
Compensation & Benefits Lead responsibilities Responsible for driving Total Rewards programs (Compensation and Benefits), practices and policies at a country/cluster level in alignment with Global and Regional TR Strategy.Responsible for ensuring Total Rewards process operational excellence at a country/cluster level, including tracking timelines of transactions, data accuracy.Responsible for understanding local country/cluster labour law regulations relevant for Total Rewards and providing feedback on the same to relevant stakeholders within the larger FME Total Rewards community.
Day to day responsibilities Providing Compensation & Benefits support and execution within assigned country/cluster while ensuring alignment with Global Total Rewards and adherence to local requirements, based on size and complexity.Manage the continuous improvement of the Compensation and Benefits process, workflow and systems through frequent analyses or audits.Engage with business leaders and employees to understand and address their compensation and benefits needs.
Guidance responsibilities Provide guidance and support to HR shared services and GBS teams on complex compensation and benefits issues.Continuously evaluate the effectiveness of current compensation and benefits programs.Serve as the escalation point for complex compensation and benefits issues that cannot be resolved by Tier 1 and Tier 2 support.Ensure all compensation and benefits programs comply with local regulations and company policies.Prepare and present reports on compensation and benefits activities, issues, and trends to senior management.Participate in audits and ensure accurate record-keeping.
Compensation Point of contact for broad-based population within country/cluster to provide guidance on rewards programs such as Merit, Global Bonus Plan, Local Bonus/Incentive Plans and other Allowances.Develop and maintain execution of market competitiveness benchmarking for broad-based population with a focus in medical sector.Make recommendations for local/statutory regulatory requirements during the year.Point of contact for ticket escalations related to Total Rewards country/cluster approvals.Participate in assignments that include analysis, market review, implementation or communication.
Benefits Vendor Management:Monitor vendor performance and compliance with contractual agreements.Assist with communication and education regarding benefits programs and policies.
Program Evaluation and Improvement:Make recommendations for improvements or changes to ensure programs meet the needs of the business and employees.Conduct market research and benchmarking to stay abreast of industry trends.
Qualifications: Required Highly proficient in Excel; with in-depth knowledge of core compensation approaches.Strong knowledge of EMEA compensation and benefits practices, regulations, and trends.Proven experience in vendor management and negotiation.Excellent analytical and problem-solving skills.Ability to create tools or models to interpret and analyse data.
Preferred Proven experience in a corporate or multi-business setup leading compensation and benefits tasks.Minimum of 5 years of experience in compensation and benefits, with a focus on the EMEA region.Strong communication skills, with the ability to interact effectively with all levels of the organization.Ability to manage multiple tasks and priorities in a fast-paced environment.Working Conditions: This position may require occasional travel within the EMEA region.
Ability to work in a fast-paced, dynamic environment with changing priorities.
Why Fresenius Medical Care:
Be part of a global leader in healthcare dedicated to improving the lives of patients worldwide.
Opportunity to work in a collaborative and inclusive environment.Comprehensive benefits package and competitive compensation.Ongoing professional development and career growth opportunities.Fresenius Medical Care is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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