What are the responsibilities and job description for the Director, Global Compensation 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.
Director, Global Compensation
The Director, Global Compensation is a highly impactful role partnering with key business leaders and HR Partners to manage, design and administer global broad-based compensation programs. This position will manage a team that keeps up-to-date on market practices, conducts analytics and develops best in class compensation programs and tools.
Please note that this is a hybrid position with 3 days at the office (early release on Fridays)
Accountabilities
- Develops and implements long term strategic plan for delivery of market competitive broad-based compensation and recognition policies and programs
- Develops and manages the day-to-day delivery of compensation and recognition programs and projects globally
- Partners with business leaders to assess and design incentive and sales programs Consults with leaders and HR Partners on compensation-related needs to ensure consistent management globally
- Manages global compensation programs and structures for market-competitiveness and provide recommendations for effective change; ensures global role alignment within the organization
- Manage benchmarking process to ensure jobs are correctly aligned to global structures
- Responsible for monitoring new or revised laws and regulations for impact to global compensation programs
- Lead, review and refine global compensation administration processes including annual merit review process and trainings
- Partners with HRIS team to ensure HCM setup supports compensation processes
- Leads evaluation and implementation of compensation programs from M&A activity or organizational redesign
- Manages vendor relationships and contract negotiations; holds vendors accountable for service delivery and manages SLAs
- Leads and develops global compensation team to meet internal delivery standards
Requirements
- Bachelor’s degree or equivalent combination of education and experience
- 10 years of experience in HR/broad-based compensation matters
- Significant team leadership experience in global multi- business unit environment
- Experience in public traded company
- Experience with alignment of incentive and sales programs to business objectives
- Through understanding of independencies of compensation systems and HCM system – Workday experience preferred
- 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-12107
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
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