What are the responsibilities and job description for the Compensation Partner position at Flowserve Corporation?
Company Overview:
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000 employees in 50 countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000 customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.
Compensation Partner (Specialist)
The Compensation Partner is a highly impactful role partnering with key business leaders and HR Business partners to manage, design and administer global broad-based compensation programs. This position will keep up-to-date on market practices, conduct analytics and assist the Compensation Director with management of best in class compensation programs and tools. The Compensation Partner will be responsible for oversight of division specific compensation needs along with daily responsibilities for key global compensation initiatives.
Accountabilities
- Consulting with leaders and HR partners on compensation-related needs to ensure consistent compensation management within division globally
- Assist with review of global compensation programs and structures for market-competitiveness and provide recommendations for effective change
- Assists with strategy, design, planning, assessment and administration of broad-based compensation projects as needed
- Support benchmarking process to ensure jobs are correctly aligned to global structures
- Partner with leaders and HR Partners on data analytics and provide consulting on best practices in compensation management
- Responsible for monitoring new or revised laws and regulations for impact to global compensation programs
- Administer and refine global compensation administration processes as assigned
- Evaluation of compensation impacts of M&A activity or organizational redesign activity
- Key responsibilities for global programs or processes as assigned; ranging from salary structure development and administration, incentive plan design and administration, sales incentive plan support, recognition programs, global allowances, etc.
- Liaison with other Compensation team members to ensure global alignment of compensation practices/programs and adherence to best practices
Requirements
- Bachelor’s degree or equivalent combination of education and experience
- 7 years of experience in HR/broad-based compensation matters
- Experience in publicly traded multi-business unit company with global footprint
- Experience with global salary structures, incentive and sales plan design and support
- Ability to prioritize work and ensure deadlines are met; high attention to detail
- Ability to communicate clearly, partner with various teams within the organization and influence key leaders
- Strong analytical and financial acumen required
- Strong knowledge of Microsoft Office
Req ID : R-12179
Job Family Group : Human Resources
Job Family : HR Total Rewards
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to employment@flowserve.com. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.
