Director of Global Total Rewards - West Valley City, United States - Biomerics

Description

Job Type

Full-time

Description

Company Overview: Biomerics is a world-class manufacturer and innovative polymer solutions provider for the medical device and biotech industries. As a vertically integrated company, we specialize in designing, developing, and producing medical devices for diagnostic and interventional procedures. We are focused on next-generation solutions for vascular access, electrophysiology, cardiac rhythm management, neurovascular, structural heart, and cardiovascular markets.

At Biomerics, we are dedicated to our diverse employee base. We understand that a strong, skilled, and engaged workforce is the foundation of our continued success as a business. We strive to live up to the Biomerics values in all our interactions. It is an exciting time to be part of our collective team, and there is no limit to the impact that can be achieved here at Biomerics. We improve and advance our employees' lives, as well as the patients' lives that depend on our products.

At Biomerics, we believe in integrity, partnership, empowerment and accountability, trust, agility, teamwork, excellence, and care. Our team-oriented, customer-focused corporate culture prioritizes building strategic, mutually beneficial partnerships with customers and team members.

Job Description

The Director of Global Total Rewards plays a pivotal role in our organization and is responsible for the strategic design, implementation, monitoring, and coordination of our total rewards program. This role oversees and directs a staff that supports the benefits and compensation programs, policies, and procedures, all crucial to our HR and business strategies. The Director of Global Total Rewards is a leader within our company and a key player in the global business landscape, developing innovative approaches to base salary, short and long-term incentives (including equity programs), and benefits. This role recommends and executes competitive best practices with a global perspective, allowing the function to scale in size, geography, and organizational complexity as the company continues to grow.

To perform this job successfully, an individual must have the knowledge, skills, and abilities identified below and perform each essential duty and responsibility with the highest level of excellence. The below is intended to describe the general content of and requirements for the performance of this job and is not to be construed as an exhaustive statement of essential functions, responsibilities, or requirements.

Essential Duties and Responsibilities

• Serve as a subject matter expert and trusted partner, owning the total rewards philosophy and approach.
• Benchmark activities across all areas of total rewards to elevate the understanding of our global competitiveness.
• Lead all global compensation processes - salary planning and administration, variable pay development and administration, global benefits programs, and annual open enrollment.
• Create and communicate salary ranges/grades/bands globally.
• Manage job leveling, salary surveys, and market analysis to make comprehensive recommendations. Understand current and emerging market trends to identify potential opportunities and gaps.
• Develop, implement, and administer programs in a manner that ensures cost effectiveness, marketplace competitiveness, and internal equity.
• Manage, report, and administer Equity programs.
• Lead all benefit programs globally, differentiating between statutory offerings and competitive practices.
• Build internal tools and resources for leadership and team members to manage compensation decisions.
• Plan, direct, and supervise all activities and employees related to the administration and maintenance of employee benefits programs, including group health, life, disability, and leave management.
• Serve as primary contact with providers for contract management and vendor negotiation.
• Work in partnership with insurance consultants to ensure company compliance with Federal, State, and other regulatory agencies to limit company exposure to liability associated with fiduciary responsibilities.
• Remain current on benefit and employment law changes and trends and proactively offer input on actions needed to comply with U.S. employment laws, governmental agencies, or fiduciary requirements pertaining to U.S. employees and benefit plans, as well as our international benefits programs.
• Facilitate required government reporting, non-discrimination testing, and required employee communications.
• Lead HR Operations team and own HRIS system.
• Other duties as assigned.

Requirements

• Bachelor's degree in a related field, Masters preferred.
• At least ten years of demonstrated experience in total rewards, compensation, equity, and benefits.
• Experience with self-funded and fully funded plans is required.
• Demonstrate experience with base salary, market pricing, variable pay, performance management, job evaluation, data analysis, and cost modeling for US and Global teams.
• Global benefit experience, including health and welfare plans, leave management, time off practices, and retirement plans.
• Roll-up-your-sleeves mentality, as this is a senior leadership position but heavily involved in individual contributor work with a desire to build programs and systems from the ground up.
• Experience in high-growth environments with the ability to handle shifting priorities and multitasking in a deadline-oriented environment.
• Flexible and creative, comfortable with ambiguity, organized and detail-oriented.
• Clear communications that can bridge a big-picture vision and a tactical plan that our employees understand at the lowest level of detail.
• Analytically driven, demonstrating strong analytical and creative problem-solving skills.
• Strong business acumen, financially astute, and detail-oriented.

Certificates, Licenses, Registrations

• SPHR or SHRM-SCP preferred; Certified Comp Professional (CCP) preferred.

Benefits: Medical/Dental/Vision Insurance, Short-Term Disability, Long-Term Disability, Life Insurance, Paid Vacation Days, Paid Holidays, 401k, On-site Fitness Facility.

Please, No Recruitment Agency calls or emails (we are not using recruitment services for this or any other role posted).

The salary estimates are estimates from this job board and not a guarantee from Biomerics' salary range.

Biomerics does not accept non-solicited resumes or candidate submittals from search/recruiting agencies that are not already on Biomerics' approved agency list. Unsolicited resumes or candidate information submitted to Biomerics by search/recruiting agencies not already on Biomerics approved agency list shall become the property of Biomerics, and if Biomerics subsequently hire the candidate, Biomerics shall not owe any fee to the submitting agency.