Senior Director Total Rewards

Posted 5 Days Ago
Be an Early Applicant
6 Locations
Senior level
Healthtech • Biotech
The Role
The Senior Director Total Rewards provides expertise on reward strategies, working closely with HR and business leaders. Responsibilities include conducting reward analysis, advising on pay structures, and ensuring compliance with laws. This individual will consult on compensation strategies, mentor stakeholders, and coordinate with third-party vendors to improve reward programs.
Summary Generated by Built In

Life Unlimited. At Smith+Nephew we design and manufacture technology that takes the limits off living. The Total Rewards Senior Director & Business Partner provides subject matter expertise on all aspects of reward to one of our global businesses and is also the reward leader for the Americas region (North & South America).

What will you be doing?

As a trusted partner this position will work closely with HR and business leadership to provide technical expertise, reward insights, and will consult and commercialize the execution of the reward and benefits strategy within the global business it supports and across a designated geographic region.

This position is an individual contributor role that is a combination of technical expertise, operational delivery and leading through consulting and influencing. It reports to the SVP & Head of Global Total Rewards and will work closely with the HR leadership in the business it supports.

Responsibilities:

  • To act as a strategic reward business partner for one of our global businesses and provide proactive advice and operational support on all aspects of Total Reward.
  • Undertake comprehensive reward analysis and provide insights and advice on compensation and incentive strategies to support decision-making and business goals.
  • Provide advice in relation to pay reviews (including budgeting and forecasting) and cost optimization for the global business the role supports.
  • Provide mentorship and input into organisational design, job evaluation, and market pricing of roles to ensure effective operating models and appropriate pay structures within the business.
  • In partnership with other subject matter authorities within Group Reward, analyse and evaluate the efficiency of existing reward and benefit programs to determine market competitiveness, alignment with business strategy, and ensure they are relevant and legally compliant.
  • Provide advice and mentorship on emerging reward trends, and where appropriate propose and implement design changes and improvements that will engage a multi-generational and diverse workforce and improve S+Ns position as an employer of choice.
  • Proactively promote and support the Group Reward activities and programs within the global business the role supports and help communicate and educate employees and managers on our reward strategy, principles, and programs to improve understanding and enhance engagement.
  • Partner with colleagues in the Reward function, HR, and global business services to ensure delivery of reward and benefits related transactional services in line with operating level agreements and deliver a great employee experience. Serve as a point of escalation on complex cases.
  • Collaborate closely with multiple partners to ensure that reward communication materials are accessible, accurate and fully aligned with relevant regulations.
  • Provide mentorship on reward policies and practices, ensuring compliance with company standards and local regulations.

Scope:

Responsibility for all reward partnering to at least one global business.

Responsibility for all reward and benefit programs across a designated region.

Leadership:

Acts as an internal subject matter authority on all aspects of reward.

Develop effective working relationships which enable collaboration with internal stakeholders.

Handle the relationship with third party vendors holding regular service management meetings to ensure that they meet agreed performance KPIs/SLAs.

What will you need to be successful?

  • Previous experience as a reward business partner and in crafting, delivering, and leading effective reward programs.

  • A strong technical knowledge of compensation, incentives, and benefits.

  • Ability to work at pace and prioritise workload to changing business needs with a consistent track record in driving high performance and continuous improvement.

  • Excellent analytical, written and verbal communication skills, with attention to detail and the ability to use logic and data to influence decision making.

  • Experience in building and maintaining strong working relationships with stakeholders at different levels of the organization.

You Unlimited.

  • Inclusion, Diversity and Equity - We are committed to welcoming, celebrating and thriving on Diversity! Learn more about Employee Inclusion Groups on our website (https://www.smith-nephew.com/)  
  • Your Future: 401K Matching Program, 401k Plus Program, Discounted Stock Options, Tuition Reimbursement  
  • Work/Life Balance: Flexible Personal/Vacation Time Off, Paid Holidays, Flex Holidays, Paid Community Service Day  
  • Your Wellbeing: We offer Medical, Dental, Vision, Health Savings Account (Employer Contribution of $500+ annually), Employee Assistance Program, Parental Leave, Fertility and Adoption Assistance Program  
  • Flexibility: Hybrid Work Model (For most professional roles)  
  • Training: Hands-On, Team-Customized, Mentorship  
  • Extra Perks: Discounts on fitness clubs, travel and more! 

Smith+Nephew provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability.

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Explore our new website and learn more about our mission, our team, and the opportunities we offer. 

 

The Company
Andover, MA
15,318 Employees
On-site Workplace

What We Do

Smith+Nephew is a global medical technology company. We design and manufacture technology that takes the limits off living. We support healthcare professionals to return their patients to health and mobility, helping them to perform at their fullest potential.

From our first employee and founder, T.J. Smith, to our team today, it’s our people who make Smith+Nephew a unique place.

Yes, we love to innovate and develop exciting technologies, and we offer competitive salaries and progressive benefits. But it’s our culture - of Care, Collaboration and Courage - that really sets us apart.

Through a spirit of ownership and can-do attitude, we work together to win..

We’re a company of people who care about each other, about our customers and their patients, and about our communities.

Together, we fulfill our shared purpose of Life Unlimited.

Please note: not all products referred to may be approved for use or available in all markets.

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