Benefits & Compensation Director

Renesas Electronics • Austin, TX

1d

About The Position

The Benefits & Compensation Director, described in the posting as 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, with a focus on attracting, motivating, and retaining talent.

The director advises senior leadership, partners with HR Business Partners and Talent Acquisition, oversees compensation and benefits programs and vendor relationships, and leads a high-performing Total Rewards team. The role also promotes employee understanding of rewards through communication and education initiatives and ensures programs remain effective and compliant.

Requirements

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field preferred.
• 12+ years of progressive HR experience, with a heavy emphasis on health, welfare, and retirement benefits administration and strategy.
• At least 5 years leading a benefits or total rewards function.
• Track record designing, implementing, and optimizing comprehensive, market-competitive employee benefits programs across complex, multi-location workforces.
• Extensive experience managing benefits brokers, carriers, third-party administrators, and consultants, including annual renewals, RFPs, plan amendments, and plan design negotiations.
• Strong understanding of how benefits integrate with broader compensation and total rewards strategies to drive talent attraction, retention, and engagement.
• 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.
• Currently authorized to work in the United States on a full-time basis; the company is unable to sponsor work visas for this position.

Nice To Haves

• Global experience.

Responsibilities

• Develop and execute a 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 with compensation and benefits through 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 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.

Benefits

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

What This Job Offers

• Job Type: Full-time
• Career Level: Director