As part of Fresenius Group HRLT, Group Total Rewards designs and governs global reward frameworks that support the #FutureFresenius strategy in the Rejuvenate phase (Upgrade, Scale, Perform). The Global Product Owner Total Rewards plays a key role in shaping and governing global compensation and incentive frameworks, ensuring simplification, compliance, and digital enablement across regions.
Your responsibilities:
1. Run structured analyses (policy, data, market practice) and turn them into clear design choices and recommendations.
2. Build and evolve merit, STI/LTI and performance-related reward mechanisms, including eligibility, guidelines and guardrails.
3. Drive alignment in global forums and steerco settings; clarify decision rights and ensure consistent application across countries.
4. Translate rewards designs into Workday Compensation / Advanced Compensation configuration, reporting and controls with HRIS/IT and vendors.
5. Connect incentives and pay decisions with job architecture, market pricing/benchmarking, pay structures/bands, pay transparency and Total Rewards communication.
6. Interpret rewards-related regulation (incl. EU Pay Transparency), set global standards, and maintain documentation, controls and approval workflows.
7. Build cost and scenario models, define KPIs (e.g., competitiveness, pay equity, compliance), and report outcomes to leaders.
8. Create practical guidance, training and communications so HR teams can apply the rewards standards consistently.
Your qualifications:
9. Degree or equivalent experience with 8–12+ years of deep Compensation / Total Rewards expertise in a multinational environment.
10. Proven experience delivering global rewards transformations, ideally from a consulting or in-house product/transformation role.
11. Strong track record in designing and governing global Merit, STI (and ideally LTI) and Performance programs.
12. Strong expertise in Workday Compensation and Advanced Compensation, including configuration, reporting and controls.
13. Strong understanding of market pricing, benchmarking, job architecture interfaces, pay transparency and pay equity.
14. Strong program and project leadership skills in complex, multi-country environments.
15. Ability to influence, challenge constructively and facilitate decision-making with senior stakeholders.
16. Strong analytical skills, including compensation costing, scenario modeling and pay equity analysis.
17. Strategic, collaborative mindset with a focus on scalable and simple global standards.
18. Excellent communication skills in English; German is a plus.