Job description
As the VP, Total Rewards (Compensation, Benefits, and HR Systems), you will oversee the design, process, implementation, and administration of all Global Compensation, Benefits and HR Information Systems (HRIS) programs. In this role, you will establish and manage teams of qualified professionals to establish, consolidate, review, and administer Global Compensation programs including base salary, annual cash incentive plans, and long-term incentive programs including Restricted Stock Units and Global Stock Program. You will also monitor and administer statutory and non-statutory health and welfare and retirement benefits programs in the U.S. and globally, as well as other benefits and perquisites as required based on local practice. You will work with C-suite Executives and the Board Compensation Committee to oversee, define policy and procedures, administer and report on executive salary levels, bonus plan design, Global Stock Program design and levels and all other relevant programs. You will work closely with HR management to implement and communicate all pay-related programs and activities. You will also be responsible for the overall design and use of the SuccessFactors platform to effectively administer employee and pay-related data and communications. You will represent the HR and employee users in the use and effectiveness of the platform. You will also work closely with the IT department in its role as the technical owner and system administrator.
How You'll Make An Impact:
- Manage the design, implementation and administration of direct pay Compensation programs including base salary, annual incentive programs (non-sales), and Global Stock Program. Oversee the creation of policies and procedures to ensure the achievement of equitable and competitive employee compensation.
- Act as the Organization liaison for compensation matters to the Compensation Committee of the Board of Directors.
- Oversee the selection and usage of the HRIS platforms required to effectively administer and communicate HR programs, primarily via the SuccessFactors Employee Central platform. This also includes the use and management of specific-use systems for U.S. and local benefits plans and special use programs (e.g. Workterra, Payscale, ClearPass, PowerBI, etc.)
- Oversee and manage global statutory and non-statutory benefits, pension plans, and perquisites. Seek to enhance Benefits offerings where feasible and ensure critical offerings and solutions are presented.
- Guide, manage, and coach individual compensation, benefits and systems professionals in the effective administration of management approved programs and systems.
What You Bring:
- Bachelor’s degree or equivalent in a related field.
- 10+ years relevant total rewards progressive leadership experience, especially involving expansive compensation accountability, including Executive C-Suite Leadership and the Board of Directors.
- PC Proficiency (Windows Office suite), with a working knowledge of HR systems including the SuccessFactors platforms.
- Advanced analytical and project management skills. Solid fundamental knowledge of Power BI reporting capabilities with the ability to both articulate analysis and drive for more expansive reporting.
- Exceptional tact and diplomacy.
- Working knowledge of finance, statistics, economics and general business to enable effectiveness in a global organization.
- International experience a plus. Periodic travel is involved.
- Personal Characteristics and Culture Fit:
- Instinctively lives by Bio-Rad’s cultural beliefs – Build Trust, Own It, Scope It, Align Exceptional and proven leadership skills with the ability to coach, inspire, focus and empower a high functioning team of direct reports and all levels of an organization
- Excellent cross-functional team leadership and participation skills – thrives in a dynamic, fast-paced organization and matrixed leadership environment
- Excellent written, verbal and presentation skills – a clear and concise communicator with exceptional ability to communicate across all levels of the organization, including exceptional executive presence with C-suite Executives and the Compensation Committee of the Board of Directors.
- Solid track record of building strong relationships and working with different personality types and all levels inside and outside the company
- Displays natural integrity, humility and authenticity
- Committed to Diversity and Inclusion
Total Rewards Package: At Bio-Rad, we’re empowered by our purpose and recognize that our employees are as well. That’s why we offer a competitive and comprehensive Total Rewards Program that provides value, quality, and inclusivity while satisfying the diverse needs of our evolving workforce. Bio-Rad's robust offerings serve to enrich the overall health, wealth, and wellbeing of our employees and their families through the various stages of an employee’s work and life cycle.
Benefits: We’re proud to offer a variety of options, including competitive medical plans for you and your family, free HSA funds, a new fertility offering with stipend, group life and disability, paid parental leave, 401k plus profit sharing, an employee stock purchase program, a new upgraded and streamlined mental health platform, extensive learning and development opportunities, education benefits, student debt relief program, pet insurance, wellness challenges and support, paid time off, Employee Resource Groups (ERG’s), and more!
Compensation: The estimated base salary range for this position is $257,000 to $353,000 at the time of posting. Actual compensation will be provided in writing at the time of offer, if applicable, and is based on several factors we believe fairly and accurately impact compensation, including geographic location, experience, knowledge, skills, abilities, and other job permitted factors. This position is eligible for a variable annual bonus, which is dependent upon achievement of your individual objectives and Company performance.
Who We Are: For 70 years, Bio-Rad has focused on advancing the discovery process and transforming the fields of science and healthcare. As one of the top five life science companies, we are a global leader in developing, manufacturing, and marketing a broad range of high-quality research and clinical diagnostic products. We help people everywhere live longer, healthier lives. Recently voted a Best Place to Work, Bio-Rad offers a unique employee experience with collaborative teams that span the globe. Here, you are supported by leadership to build your career and are empowered to drive change that makes an impact you can see.
EEO Statement: Bio-Rad is an Equal Employment Opportunity/Affirmative Action employer, and we welcome candidates of all backgrounds. Veterans, people with disabilities, and people of all races, ethnicities, genders, ages, and orientations are encouraged to apply.
Agency Non-Solicitation: Bio-Rad does not accept agency resumes, unless the agency has been authorized by a Bio-Rad Recruiting Representative. Please do not submit resumes unless authorized to do so. Bio-Rad will not pay for any fees related to unsolicited resumes. #LI-BT1