Director, Global Benefits

Workplace Type: Onsite

Posting End Date: 5 April 2024

Founded in 1921 and publicly traded since 1925, Newmont ) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.

What will you be responsible for?

This is a key position in the Total Rewards Center of Excellence and a member of the Total Rewards and People Systems and Services Leadership Team, that is responsible for developing and executing a comprehensive global benefits strategy that aligns with our organizational objectives and attracts, retains and motivates top talent across the globe.

Here is a snapshot of what your day to day will look like:

Strategic Planning

• Develop a clear and comprehensive strategy for global benefits, ensuring alignment with business objectives, values and the employee experience model.
• Establish and communicate the overarching philosophy and key principles that guide the design and implementation of global benefits.
• Act as a subject matter expert (SME) in benefits design, providing expertise to Business Unit (BU) teams and ensuring adherence to established principles.

Collaboration

• Collaboration is key to success in this role. The Director, Global Benefits will work closely with BU Total Rewards Directors, HR teams, business leaders, and other key stakeholders to ensure that benefits programs are tailored to meet the unique needs of employees across different global locations, while complying with local regulations and Newmont's global standards and managing costs and ensuring fiscal responsibility.
• The Director, Global Benefits will collaborate with the Health and Safety team to ensure that benefits programs contribute to a safe and healthy work environment and the overall wellbeing of our workforce.

Program Design and Management

• Work closely with the Head of Global Compensation and Benefits to evaluate and assess benefits strategies, compliance, programs and needs from each BU and make data driven recommendations for continuous improvement.
• Review and sign off on new or modified benefits programs proposed by BU teams, ensuring they are competitive, cost-effective and in compliance, while aligned with industry best practices and Newmont's global benefits strategy and principles.
• Provide guidance and support to BU's during the benefits design process, offering guidance and expertise.
• Oversee vendor selection, negotiation, and management to ensure the delivery of high-quality and cost-effective benefits services to our employees.
• Define Global Benefits communications strategy, key tools and approaches.

Mergers and Acquisitions

• Lead the benefits integration process for mergers, acquisitions and divestitures, ensuring a smooth transition for employees and alignment with company standards.

Continuous Improvement

• Continuously assess the effectiveness of global benefits programs and make recommendations for improvements.
• Stay informed about industry trends and best practices, incorporating innovative approaches into the benefits strategy.

The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily all-inclusive.

Here is what we need to see from you

Education:

• Degree or equivalent experience in Human Resources and Employee Benefits; advanced degree in business is beneficial.

Experience:

• Minimum 10+ years' experience in global benefits management, with a deep understanding of benefits design, compliance, market trends and best practices across multiple countries.
• Proven experience developing and implementing successful global benefits strategies within a multinational corporation.
• Expertise in designing Global Benefits programs, including health and retirement plans, risk benefits and employee perks.
• Mining, construction, utilities, or other heavy industry experience is preferred.

Skills and Abilities:

• High Proficiency in project management and implementation of global programs.
• Experience managing and negotiating with benefits vendors and consultants.
• Strong cross-cultural communication skills are essential.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders at all levels of the organization.
• Strong analytical skills and experience using data to drive decision-making and program enhancements.
• High level of expertise and influence.
• Strategic thinker with the ability to balance long-term planning with day-to-day operational demands.
• Newmont values continuous learning and professional development. The Director, Global Benefits is encouraged to stay current on industry best practices, attend relevant conferences, and participate in ongoing training to enhance their skills and knowledge in benefits management.
  
  

• The position is located in the Denver Corporate office.
• Availability to travel domestically and internationally as needed.
• Availability to accommodate meeting times outside typical business hours to attend global calls.

We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we've identified and you think you can bring value to the role, we'd love to learn more about you

The salary range offered for this role is USD $160,880 to 191,045. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate's salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.

This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company's performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.

Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont's sole discretion.