Global Compensation and Benefits Specialist

Posted:
7/7/2024, 10:02:19 PM

Location(s):
Istanbul, Istanbul, Turkey ⋅ Istanbul, Turkey

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
People & HR

Overview: 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.
  • 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.
  • 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.
    • Employee and Business Interaction:
    • Engage with business leaders and employees to understand and address their compensation and benefits needs.
    • Assist with communication and education regarding benefits programs and policies.
    • Provide guidance and support to HR shared services and GBS teams on complex compensation and benefits issues.
  • Program Evaluation and Improvement:
    • Continuously evaluate the effectiveness of current compensation and benefits programs.
    • 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.
  • Issue Escalation and Resolution:
    • Serve as the escalation point for complex compensation and benefits issues that cannot be resolved by Tier 1 and Tier 2 support.
    • Collaborate with the Total Rewards Management team to address larger concerns and develop strategic solutions.
  • Compliance and Reporting:
    • 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

Qualifications:

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