Global Director, Total Rewards

vor 5 Monaten

Graz, Österreich Magna International Inc. Vollzeit

**Job Number**: 58972
**Group**: Magna Corporate
**Division**: Magna International Graz

**Job Type**: Permanent/Regular
**Location**: GRAZ

**Group Description**

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We’re the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we’re more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it’s our talented people who lead us on this journey.

**Role Summary**:
The Global Director, Total Rewards is responsible for the design, implementation and ongoing evaluation of the organization’s compensation and benefits programs, including base pay, incentive pay, health and wellbeing benefits. This position works with the VP, Talent & Total Rewards to ensure compensation and benefits programs support the organization’s business objectives and meet all legal requirements in regions/countries Magna operates globally.

**Key Responsibilities**:

- Maintain & evaluate ongoing the total compensation philosophy, e.g. job grades, base salaries, variable pay, incentive programs & perquisites in compliance with local requirements (excluding executive compensation)
- Responsible for global salary reviews to maintain Magna’s competitive positioning in the market to attract and retain talent
- Responsible for the governance of Magna’s Global Job Catalogue & Levelling Framework
- Lead the annual Pay Equity review, where applicable, ensuring that Magna’s compensation practices and programs meet Pay Equity legislative compliance
- Review & monitor the effectiveness of existing benefits programs, recommending plan revisions that are aligned with Magna’s strategic direction
- Develop budgets/policies/procedures to ensure that the compensation and benefit programs are financially sound and sustainable
- Oversee the global Benefit Programs applicable within each region/country with accountabilities for program and vendor management, cost analysis, annual renewal, open enrolment, regulatory filing and compliance, and communication
- Manage global vendor relationships including monitoring service agreements, contract negotiations and renewals
- Monitor effectiveness of policies & vendors in support of Magna’s global mobility practices, revise as needed
- Day to day team management

**Key Qualifications/Requirements**:

- University degree in related field
- Minimum of 10 years of work-related experience in total rewards including global compensation design and benefit program management
- Minimum of 5 years of people management
- Experience with enterprise HCM systems, preferably Workday
- Strong background and knowledge of job evaluation and global levelling frameworks
- Expert knowledge of North America & Europe benefit offerings. Familiarity with Asia benefits is also preferred
- Expert knowledge of North America & Europe compensation practices. Familiarity with Asia compensation practices is also preferred
- Demonstrated experience in a large, global, matrixed organization

**Skills and Competencies**:

- Ability to work independently and manage multiple demands and deadlines
- Ability to work in a high-pressure environment with ever-changing schedules
- Excellent written and verbal communication skills
- Ability to present and position new ideas, initiatives, and gain buy-in and support
- Ability to span business needs with technical concepts and present compelling point of view with an executive audience
- Detail-oriented with strong analytical skills
- Strong decision-making skills
- Demonstrated ability to inspire leadership within others
- Ability to envision and manage change within a large organization
- Technologically proficient
- Strong project management skills
- Ability to manage and mentor a team

**Additional Information**:
**Awareness. Unity. Empowerment.**:

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