Benefits & Compensation Director

Renesas Electronics•Austin, TX

About The Position

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. The role ensures rewards offerings are competitive, equitable, and aligned with business objectives, culture, and values. The ideal candidate has deep expertise in total rewards strategy, data-driven decision making, and compliance, with a focus on attracting, motivating, and retaining talent. The position leads strategy and administration for compensation, benefits, and well-being programs; advises senior leadership; collaborates with HR Business Partners and Talent Acquisition; and leads and develops the Total Rewards team. The candidate must be local to Austin, Texas. No relocation assistance is offered. Applicants must be currently authorized to work in the United States on a full-time basis; Renesas is unable to sponsor work visas for this position.

Requirements

  • 12 or more years of progressive experience in compensation and benefits, including 5 or more 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.
  • Strong analytical and financial acumen.
  • Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
  • Must be local to Austin, Texas.
  • Must be currently authorized to work in the United States on a full-time basis; work visa sponsorship is unavailable.

Nice To Haves

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

Responsibilities

  • Develop and execute a comprehensive total rewards strategy aligned with organizational goals and 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 support workforce and market competitiveness through compensation practices.
  • Develop and maintain relationships with external consultants and vendors to maximize service delivery and cost efficiencies.
  • Promote employee understanding and satisfaction through compensation and benefits communications and education.
  • Lead job evaluation and market pricing, and monitor total rewards trends and regulatory changes.
  • Use data and analytics to inform decisions and measure program effectiveness.
  • Ensure compensation and benefits practices comply with applicable labor laws, regulations, and internal policies.
  • 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.
  • Lead and develop a high-performing Total Rewards team.
  • Foster a culture of innovation, collaboration, and excellence.

Benefits

  • The company states it offers a competitive benefits package alongside salary; further information will be provided during the hiring process.
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