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Senior Director Total Rewards

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Smith & Nephew

1mo ago

  • Job
    Full-time
    Expert Level
  • Consulting
    People, HR & Administration
  • Andover
  • Quick Apply

AI generated summary

  • You need experience in reward programs, strong knowledge in compensation and benefits, excellent analytical skills, and the ability to build relationships with stakeholders at various levels.
  • You will provide strategic reward insights, mentor on compensation strategies, analyze benefit programs, ensure compliance, collaborate with stakeholders, and manage vendor relationships.

Requirements

  • 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.

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.
  • Responsibility for all reward partnering to at least one global business.
  • Responsibility for all reward and benefit programs across a designated region.
  • 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.

FAQs

What is the main focus of the Senior Director Total Rewards role at Smith+Nephew?

The main focus is to provide subject matter expertise on all aspects of reward, acting as a strategic business partner for a global business and leading reward initiatives for the Americas region.

What are the key responsibilities of the Senior Director Total Rewards?

Key responsibilities include conducting comprehensive reward analysis, advising on compensation strategies, overseeing pay reviews, mentoring on organizational design, and analyzing reward and benefit programs for market competitiveness.

What experience is required for this position?

Previous experience as a reward business partner and in crafting, delivering, and leading effective reward programs is required, along with a strong technical knowledge of compensation, incentives, and benefits.

What skills are essential for success in this role?

Essential skills include excellent analytical abilities, strong written and verbal communication skills, the capacity to influence decision making using data, and the ability to build and maintain relationships with stakeholders at different organizational levels.

What kind of work environment does this position offer?

The position offers a hybrid work model, allowing for both in-person and remote work arrangements.

Are there opportunities for mentorship and training in this role?

Yes, there are opportunities for mentorship and tailored team training.

What benefits does Smith+Nephew provide to employees?

Benefits include a 401K matching program, tuition reimbursement, medical and dental insurance, flexible vacation time, community service days, and wellness programs.

How does Smith+Nephew approach diversity and inclusion?

Smith+Nephew is committed to welcoming and celebrating diversity and actively promotes inclusion through Employee Inclusion Groups.

Who does the Senior Director Total Rewards report to?

This position reports to the SVP & Head of Global Total Rewards.

How does the company support employee work-life balance?

The company supports work-life balance through flexible personal and vacation time off, paid holidays, and a hybrid work model.

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Smith & Nephew

We design and manufacture technology that takes the limits off living.

Manufacturing & Electronics
Industry
10,001+
Employees
1856
Founded Year

Mission & Purpose

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.