Benefits & Compensation Director

Job description

The Total Rewards Director is a strategic leader responsible for designing, implementing, and managing the organization’s Americas total rewards strategy, including compensation, benefits, and well-being programs. This role ensures our rewards offerings are competitive, equitable, and aligned with the company’s business objectives, culture, and values. The ideal candidate will bring deep expertise in total rewards strategy, data-driven decision making, and compliance, with a strong focus on attracting, motivating, and retaining top talent.

Key Responsibilities

Strategy & Leadership Develop and execute a comprehensive total rewards strategy that aligns with organizational goals and supports talent attraction and retention. Provide strategic counsel to senior leadership on compensation and benefits trends, challenges, and opportunities. Partner with HR Business Partners and Talent Acquisition to ensure compensation practices support workforce and market competitiveness. Develop and maintain strong relationships with external consultants and vendors to maximize service delivery and cost efficiencies.

Promote employee understanding and satisfaction with compensation and benefits offerings through effective communication strategies and education initiatives. Compensation Lead job evaluation, market pricing, monitor total rewards trends, and regulatory changes to keep programs current and competitive. Leverage data and analytics to inform decision making and measure program effectiveness. Ensure compensation and benefits practices comply with applicable labor laws, regulations, and internal policies.

Benefits & Well-being Direct the strategy and administration of employee benefits programs including health, retirement, wellness, and leave programs. Evaluate and negotiate with benefits vendors to optimize value and cost-effectiveness. Drive initiatives that enhance employee well-being and engagement. Team Leadership Lead and develop a high-performing Total Rewards team. Foster a culture of innovation, collaboration, and excellence.

Qualifications

Education

Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field preferred.

Experience

12+ years of progressive experience in compensation and benefits, including 5+ years in a leadership role. Proven track record developing and implementing total rewards strategies in complex, multi-location organizations. Deep knowledge of compensation and benefits regulations and best practices. Global experience would be a plus. Strong analytical and financial acumen. Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels Ability to influence at all levels of the organization.

Location

The candidate must be local to Morrisville, NC Relocation: No relocation assistance is offered.

Sponsorship

Applicants for this position must be currently authorized to work in the United States on a full-time basis. Renesas is unable to sponsor applicants for work visas for this position