Benefits & Compensation Director

Renesas Electronics•Morrisville, NC

9h•Onsite

About The Position

The Total Rewards Director is a strategic leader responsible for designing, implementing, and managing Renesas’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 director uses expertise in total rewards strategy, data-driven decision-making, and compliance to support the attraction, motivation, and retention of talent. The position is local to Morrisville, North Carolina, and is not available remotely. No relocation assistance is offered. Applicants must be currently authorized to work in the United States on a full-time basis; visa sponsorship is unavailable. The director leads and develops the Total Rewards team, advises senior leaders, and partners with HR Business Partners and Talent Acquisition. The role oversees compensation strategy and administration, employee benefits and well-being programs, vendor relationships, program evaluation, compliance, and employee communications. Renesas describes itself as an embedded semiconductor solution provider with more than 21,000 employees in over 30 countries. It identifies its culture as TAGIE: Transparent, Agile, Global, Innovative, and Entrepreneurial. The company states that it offers a competitive benefits package alongside salary, with further information provided during the hiring process.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field preferred.
At least 12 years of progressive experience in compensation and benefits.
At least 5 years of experience 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, including the ability to influence and engage stakeholders at all levels of the organization.
Must be local to Morrisville, North Carolina.
Must be currently authorized to work in the United States on a full-time basis; Renesas cannot sponsor work visas for this position.

Nice To Haves

Global experience.

Responsibilities

Develop and execute a comprehensive total rewards strategy aligned with organizational goals and talent attraction and retention.
Advise senior leadership on compensation and benefits trends, challenges, and opportunities.
Partner with HR Business Partners and Talent Acquisition to support workforce and market-competitive compensation practices.
Build and maintain relationships with external consultants and vendors to maximize service delivery and cost efficiencies.
Promote employee understanding and satisfaction through communication strategies and education initiatives.
Lead job evaluation and market pricing, and monitor total rewards trends and regulatory changes to keep programs current and competitive.
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 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 and foster innovation, collaboration, and excellence.