Global Compensation and Benefits Specialist

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 - Compensation and Benefits Administration:

• Manage day-to-day administration of compensation and benefits programs for the EMEA region.
• Act as a local compensation and benefits expert to review, enhance and deliver best practices with emphasis on driving process efficiencies.
   

Compensation

• Lead creation, alignment and delivery of programs, policies along with procedures to structure new hire offers, promotions at a local and cluster level
• Lead structured review in job analyses, competitive benchmarking and salary adjustments according to global governance as well as collective bargaining agreement adhoc adjustments
   

Benefits

• Ensure all insurance plans and benefits programs are effectively communicated and administered.
• Collaborate with insurance vendors to resolve issues and improve service delivery.
• Oversee the payment process to ensure all vendors are paid accurately and timely.
   

Compensation & Benefits
 

Lead responsibilities

• Responsible for driving Total Rewards programs (Compensation and Benefits), practices and policies at a country/cluster level in alignment with Global and Regional TR Strategy
• Responsible for ensuring Total Rewards process operational excellence at a country/cluster level, including tracking timelines of transactions, data accuracy
• Responsible for understanding local country/cluster labour law regulations relevant for Total Rewards and providing feedback on the same to relevant stakeholders within the larger FME Total Rewards community
   

Day to day responsibilities

• Providing Compensation & Benefits support and execution within assigned country/cluster while ensuring alignment with Global Total Rewards and adherence to local requirements, based on size and complexity
• Manage the continuous improvement of the Compensation and Benefits process, workflow and systems through frequent analyses or audits
• Engage with business leaders and employees to understand and address their compensation and benefits needs.
   

Guidance responsibilities

• Provide guidance and support to HR shared services and GBS teams on complex compensation and benefits issues.
• Continuously evaluate the effectiveness of current compensation and benefits programs.
• Serve as the escalation point for complex compensation and benefits issues that cannot be resolved by Tier 1 and Tier 2 support.
• Ensure all compensation and benefits programs comply with local regulations and company policies.
• Prepare and present reports on compensation and benefits activities, issues, and trends to senior management.
• Participate in audits and ensure accurate record-keeping.
   

Compensation

• Point of contact for broad-based population within country/cluster to provide guidance on rewards programs such as Merit, Global Bonus Plan, Local Bonus/Incentive Plans and other Allowances
• Develop and maintain execution of market competitiveness benchmarking for broad-based population with a focus in medical sector
• Make recommendations for local/statutory regulatory requirements during the year
• Point of contact for ticket escalations related to Total Rewards country/cluster approvals
   

Benefits

• Vendor Management:
  • Develop and maintain strong relationships with insurance vendors and other benefits providers.
  • Address and resolve any issues with vendors to ensure high-quality service.
  • Monitor vendor performance and compliance with contractual agreements.
  • Assist with communication and education regarding benefits programs and policies.
     
• Program Evaluation and Improvement:
  • Make recommendations for improvements or changes to ensure programs meet the needs of the business and employees.
  • Conduct market research and benchmarking to stay abreast of industry trends and best practices.
     

Qualifications:
 

Required

• Bachelor’s degree in Human Resources, Business Administration, or Finance.
• Strong knowledge of EMEA compensation and benefits practices, regulations, and trends.
• Proven experience in vendor management and negotiation.
• Excellent analytical and problem-solving skills.
• Proficiency in HRIS systems and Microsoft Office Suite.
   

Preferred

• Master’s degree or relevant certification (e.g., CCP, CEBS) is a plus.
• Minimum of 5 years of experience in compensation and benefits, with a focus on the EMEA region.
• Strong interpersonal and communication skills, with the ability to interact effectively with all levels of the organization.
• Ability to manage multiple tasks and priorities in a fast-paced environment.
   

Skills:
 

Required

• Project management skills and experience.
• Experience working in a global or multinational organization.
   

Preferred

• Familiarity with the healthcare industry.

Working Conditions:

• This position may require occasional travel within the EMEA region.
• Ability to work in a fast-paced, dynamic environment with changing priorities.

Why Fresenius Medical Care:

Be part of a global leader in healthcare dedicated to improving the lives of patients worldwide.

• Opportunity to work in a collaborative and inclusive environment.
• Comprehensive benefits package and competitive compensation.
• Ongoing professional development and career growth opportunities.

Fresenius Medical Care is an equal opportunity employer.  We celebrate diversity and are committed to creating an inclusive environment for all employees.