Fresenius Medical Care is a global leader in healthcare with a dedicated focus on providing high-quality services to patients worldwide. We are seeking a highly skilled and motivated Global Compensation and Benefits Analyst to oversee compensation and benefits activities for a cluster of EMEA countries. This position plays a crucial role in ensuring the effectiveness and efficiency of our compensation and benefits programs, while also supporting HR shared services and GBS teams.
Key Responsibilities
- Handle and manage day-to-day operations of compensation and benefit programs, ensuring they are implemented accurately and efficiently.
- Analyze market data to maintain competitive pay practices and make informed total rewards decisions.
- Evaluate roles to determine appropriate leveling and compensation structures ensuring global alignment with our global job architecture.
- Ensure all insurance plans and benefit programs are effectively communicated and administered.
- Provide support to Leaders, HR, and Total Rewards Business Partners on compensation-related inquiries and issues aligned to service level agreements.
- Approve transactions within the Workday and process inquiries through the company’s ticketing system.
- Serve as the escalation point for complex compensation and benefit issues that cannot be resolved via Tier 1 support.
- Apply relevant labor laws and regulations to ensure all compensation and benefit practices are compliant.
- Ensure all compensation and benefits programs comply with local regulations and company policies.
- Participate in audits and ensure accurate record keeping.
- Oversee the payment process to ensure all vendors are paid accurately and timely.
- Continuously evaluate the effectiveness of current compensation and benefits programs.
- Run and analyze Workday total rewards data in auditing for any discrepancies and look for opportunities to minimize deficiencies.
- Identify and implement process improvements to enhance the efficiency and effectiveness of compensation operations.
- Assist with training initiatives by creating presentations and delivering them to relevant stakeholders.
- Support the processing of local incentive bonus plans, allowances, and one-time payments in collaboration with HR Operations along with the Compensation Service Delivery Management (SDM) team.
Key Qualifications
Required
- Experience of 3 to 4 years of compensation and benefits experience (multi-country is a plus)
- Minimum of 3 years working with an HRIS and ticketing system
- Bachelor's degree in Business Administration, Human Resources, or a related field.
- Strong understanding of Total Rewards programs and practices.
- Excellent organizational and time management skills.
- Exceptional communication and interpersonal skills.
- Strong analytical and problem-solving skills.
- Experience in Workday Compensation and Advanced Compensation modules, ability to work within Excel with VLOOKUP/Pivots.
- Ability to work effectively in a fast-paced, dynamic environment.
- Languages: Fluent in English (additional language preferred German, Spanish, French, Italian)
- Cultural Awareness: Demonstrated understanding of working in diverse cultural environments.
Preferred Requirements
- Certifications: Professional certifications such as Certified Compensation Professional (CCP), Certified Benefits Professional (CBP), or Society for Human Resource Management Certified Professional (SHRM-CP).
- Utilization of compensation management software in global grading/evaluation.
- Knowledge of global compensation practices.
Fresenius Medical Care is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees
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