Total Rewards Manager
Sant Cugat del Valles, ES
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Would you like to join an international team working to improve the future of healthcare? Do you want to enhance the lives of millions of people? Grifols is a global healthcare company that since 1909 has been working to improve the health and well-being of people around the world. We are leaders in plasma-derived medicines and transfusion medicine and develop, produce and market innovative medicines, solutions and services in more than 110 countries and regions. |
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We believe that diversity adds value to our business, our teams and our culture. We are committed to equal employment opportunities that foster an inclusive environment.
We are looking for a Total Rewards Project Manager to shape Grifols’ total rewards agenda on both compensation and benefits side, to make a significant impact on employee satisfaction, engagement and retention. The employee will participate in the design and implementation of executive compensation, long term incentive plans, variable schemes, total reward design, job description evaluation, salary reviews, merit increase processes, etc.
What your responsibilities will be
You will have the opportunity to:
Executive Compensation
- Design and administer executive compensation plans, including short- and long-term incentive plans
- Prepare compensation reports and recommendations for the Board of Directors and Compensation Committe
Total Reward Design
- Develop and implement comprehensive total reward programs, including base pay, incentives, benefits, and recognition programs
- Ensure total rewards strategies are competitive, cost-effective, and aligned with business goals.
- Communicate total rewards programs to employees, ensuring understanding and engagement.
Salary Review and Benchmarking:
- Lead annual salary review processes, ensuring competitiveness and alignment with market trends
- Conduct market research and benchmarking studies to inform salary structures
- Provide recommendations for salary adjustments and increases based on performance and market data
Variable Compensation Schemes:
- Design and implement variable compensation schemes, including sales incentives, bonuses, and other performance-based rewards
- Analyze the effectiveness of variable compensation programs and make data-driven adjustments to optimize performance and motivation
- Ensure variable compensation schemes are aligned with business objectives and market practices
Job Description Evaluation
- Conduct thorough job analysis and evaluations
- Collaborate with department heads to understand role requirements and expectations
Merit Process Management:
- Design and manage the merit increase process, ensuring transparency and fairness
- Develop guidelines and tools for managers to effectively conduct performance reviews and merit assessments
- Monitor and analyze merit increase distributions to ensure equity and alignment with company policies
Policy Development and Compliance
- Develop, implement, and update compensation and benefits policies and procedures
- Ensure compliance with local, national, and international regulations
- Stay updated on compensation and benefits trends, laws, and best practices
Who you are
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, education, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions).
- You have a University Degree in HR, Business Administration, Economics, Management or similar. It will be an added value if you have professional or business qualifications (MBA, business, etc.)
- You have at least 6 years of relevant experience in a similar position
- You have knowledge of compensation and benefits principles, practices, and regulations
- You possess proven experience in designing and managing variable compensation schemes
- You have experience working with HRIS and compensation analysis tools
- You possess excellent communication and presentation skills
- You are a detail-oriented person with strong analytical and problem-solving skills
- You are a result driven person and team player, able to collaborate with cross functional teams to achieve the objectives.
- You speak fluent level of English and Spanish.
What we offer
It’s a brilliant opportunity for someone with the right talents. We’ll help you grow professionally.
Information about Grifols is available at www.grifols.com. If you’re interested in joining our company and you have what it takes, then don’t hesitate to apply.
We look forward to receiving your application.
Grifols is an equal opportunity employer.
Benefits package
Contract of Employment: Permanent position
Flexibility for U Program: Hybrid work model
Location: Sant Cugat del Vallès, Barcelona, Spain