Total Rewards Specialist

Are you passionate about creating a comprehensive and competitive total rewards package to attract and retain top talent? Fortive is seeking a Total Rewards Specialist to join our team and develop a robust compensation and benefits program that aligns with our company values and strategic objectives. As a trusted advisor to our HR team and business leaders, the ideal candidate will have a deep understanding of best practices, strong analytical skills, and the ability to build strong relationships. If you are a results-driven professional with a passion for total rewards, we encourage you to apply and join us in shaping the future of our organization.

1. Develop and implement a comprehensive and competitive total rewards package that aligns with company values and strategic objectives.
2. Conduct research and analysis on compensation and benefits trends, best practices, and market benchmarks to ensure the company's total rewards program remains competitive.
3. Collaborate with HR team and business leaders to understand their needs and goals, and provide expert guidance and recommendations on total rewards strategies.
4. Design and manage salary structures, bonus plans, and other compensation programs to ensure internal equity and external competitiveness.
5. Oversee the administration of employee benefits programs, including health, retirement, and wellness plans.
6. Continuously monitor and evaluate the effectiveness of the total rewards program, and make adjustments as needed to meet the changing needs of the organization.
7. Serve as a subject matter expert and provide guidance and support to HR team and business leaders on all total rewards matters.
8. Build and maintain strong relationships with external vendors and consultants to ensure the company is receiving the best value and services for its total rewards programs.
9. Develop communication strategies to educate and inform employees about the company's total rewards offerings.
10. Ensure compliance with all applicable laws and regulations related to compensation and benefits.
11. Stay informed about industry trends and changes in legislation that may impact the company's total rewards program.
12. Maintain accurate and up-to-date records and data related to compensation and benefits.
13. Monitor and manage the total rewards budget.
14. Participate in special projects and initiatives related to total rewards as needed.

According to JobzMall, the average salary range for a Total Rewards Specialist is between $78,000 and $113,000 per year. This can vary depending on factors such as location, years of experience, and the specific company and industry. Some Total Rewards Specialists may also receive additional compensation in the form of bonuses or benefits.

Fortive Corp. is a diversified industrial growth company. It designs, develops, manufactures, and markets professional and engineered products, software and services for a variety of end markets. The company operates its business in two reportable segments: Professional Instrumentation and Industrial Technologies.