Compensation Partner

3 weeks ago

North Kingstown, United States Fortive Corporation Full time

ROLE DESCRIPTION: As a Compensation Partner you will have responsibility for a dedicated business segment (Intelligent Operating Systems; operates globally) and serve as a regional subject matter expert for the EMEA region. You will serve in a critical role for our business, aligning compensation offerings across a globally diverse workforce, designed to advance business objectives while reinforcing our Employee Value Proposition – For You. For Us. For Growth. You will have the opportunity to be part of a dynamic HR organization, charged with re-imagining compensation, incentives, and perks intended to attract, align, engage, and retain top talent. You will be responsible for designing, implementing, assessing, and refining global compensation programs that drive a high-performance culture. You will serve as a trusted advisor to provide rewards expertise to business leaders and HR business partners, aligning compensation strategy with business priorities and the talent strategy of the business. RESPONSIBILITIES: Supports a dedicated segment of businesses (globally), serving as the primary regional liaison into the total rewards / compensation function. Primary customers are business and HR leaders, HRBPs, and regional TA team. Program Design and Administration: Manages the development and integration of new and/or existing rewards programs, processes, and policies to ensure that programs are market competitive, internally equitable, and cost effective. Researches and brings in-depth understanding of the compensation landscape, external best-practices, salary surveys, and market trends to identify potential opportunities and gaps. Develops and coordinates communications strategies and activities designed to educate and inform employees of total rewards. Accountable for pay fairness analyses and ensures timely reporting in compliance with corporate or agency regulations. Supports compensation survey participation, salary structure design, and career framework in a global and flexible work context. Shapes employee recognition strategy and manages associated programs for the company. Leads workforce and compensation data analytics in alignment with strategic workforce planning. Determines and implements metrics that assess and monitor the effectiveness of ongoing Total Rewards programs and new initiatives. Compensation and Global Career Framework Consulting: Serves as a trusted advisor to senior leaders, HR business partners, and talent teams, providing compensation consulting and enabling effective pay decisions. Consults with HR business partners, TA partners and business leaders in utilization and effective application of global career framework (GCF). Collaborates with HR business partners and finance teams to determine and manage annual compensation budgets (inclusive of base and incentive program expenditures). Consults with sales leadership on sales incentive program design, aligned to company goals. Partners with leaders to assess compensation programs for potential acquisitions and lead integration efforts related to total rewards for newly acquired companies. Process and Project Ownership: Leads global projects or processes, as assigned. Supports cross-functional projects, as needed, as part of an agile Total Rewards function. ROLE QUALIFICATIONS: Basic Qualifications: 8+ years of experience in compensation program design, development, and management including base pay, incentive compensation (short-and long-term incentives), and recognition programs, with at least 3+ years operating in a global environment. 8+ years of experience conducting job evaluations, market pricing, and manage salary structures. Strong global business acumen and experience in working with dynamic functional teams. Strong working knowledge of applicable regulatory rules applicable to region/countries supported. A strong and confident problem solver who is comfortable working through the unknown. Excellent communicator who is skilled at influencing others, acting as a credible trusted advisor. Strong understanding of HR technology with experience implementing global compensation systems, analytics, tools and processes. Strong data analytics and modeling skills (like MS Excel or Power Bi). Can strategize on the most effective way to utilize and drive data-driven HR decisions. Strong project and team management skills. Highly flexible, able to prioritize multiple projects and deadlines to complete well in a fast-paced, rapidly evolving organization. English Language proficiency. Preferred Qualifications: Regional Language proficiency as applicable. Advanced degree and/or professional certifications (e.g. CCP, GRP). Demonstrated experience leading high-impact, high-complexity projects in a global environment. We believe that people with high learning agility and capacity can be successful in a variety of roles. Because of this, we are open to considering candidates with experiences that demonstrate their capacity to be successful in the role, even if they don’t meet all requirements listed on the job description. Will consider candidates across the EMEA region; final location decision based on business need. #J-18808-Ljbffr

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