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Benefits & Compensation Director

Renesas Electronics

Job Description

Job Description

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 Austin, TX

  • 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

Additional Information

Renesas is an embedded semiconductor solution provider driven by its Purpose ‘ To Make Our Lives Easier .’ As the industry’s leading expert in embedded processing with unmatched quality and system-level know-how, we have evolved to provide scalable and comprehensive semiconductor solutions for automotive, industrial, infrastructure, and IoT industries based on the broadest product portfolio, including High Performance Computing, Embedded Processing, Analog & Connectivity, and Power.

With a diverse team of over 22,000 professionals in more than 30 countries, we continue to expand our boundaries to offer enhanced user experiences through digitalization and usher into a new era of innovation. We design and develop sustainable, power-efficient solutions today that help people and communities thrive tomorrow, ‘ To Make Our Lives Easier .’     

At Renesas, you can: 
  • Launch and advance your career in technical and business roles across four Product Groups and various corporate functions. You will have the opportunities to explore our hardware and software capabilities and try new things.  
  • Make a real impact by developing innovative products and solutions to meet our global customers' evolving needs and help make people’s lives easier, safe and secure. 
  • Maximize your performance and wellbeing in our flexible and inclusive work environment. Our people-first culture and global support system, including the remote work option and Employee Resource Groups, will help you excel from the first day.    

Are you ready to own your success and make your mark?  

Join Renesas. Shape Your Future with Us .  

Renesas Electronics is an equal opportunity and affirmative action employer, committed to celebrating diversity and fostering a work environment free of discrimination on the basis of sex, race, religion, national origin, gender, gender identity, gender expression, age, sexual orientation, military status, veteran status, or any other basis protected by federal, state or local law. For more information, please read our Diversity & Inclusion Statement.

Renesas Electronics deals with dual-use technology that is subject to U.S. export controls regulations. Under these regulations it may be necessary for Renesas to obtain U.S. government export license prior to release of technology to certain persons. The decision whether or not to file or pursue an export license application is at the sole discretion of Renesas.

Vacancy posted 6 days ago
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