Yanfeng Automotive Interiors (YFAI) is the global leader in automotive interiors. YFAI is redefining how people relax, work and play in their vehicle interiors today and decades from now. Headquartered in Shanghai, the company has 114 manufacturing plants and technical centers in 20 countries and more than 33,000 employees globally. They design, develop and manufacture interior components for all automakers. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Adient, the global leader in automotive seating. For more information, please visit www.YFAI.com.
Summary:
The C&B Director is responsible for the design, pricing, implementation, administration and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement benefits. You will be a subject matter expert on all aspects of compensation and benefits understanding the complexity of business on a global scale. You will embrace cultural and individual differences and work with the nuances of specific local cultures to make informed, impactful compensation and benefits design decisions.
Main Responsibilities:
Ensure cost efficient and market driven compensation & benefits (C&B) programs in the NA region including payroll function.
Work with senior management to develop benefit and compensation objectives in line with the business strategy as well as the global company practices.
Ensure that all benefits programs are compliant with current legal requirements and monitoring the environment to anticipate and prepare for future changes.
Participate in various roles and at different skill levels (from plan design to hands on basic administration) to help ensure that the company has all the necessary programs and processes in place to operate as an independent company within the Group.
Coordinate the annual reward cycles including merit, bonus, and LTI process and payments based on direction from global C&B team.
In partnership with HR and Finance, establish benefit and compensation budgets and guidelines from corporate.
Provides guidance, consultation and recommendations to HR Business Partners, Recruiters, and staff on internal compensation and benefits matters.
Support union negotiations as necessary as it relates to benefit strategy.
Manage a team of professionals. 3 direct reports: Benefits manager, Compensation Manager and Payroll Manger
Education: Bachelor’s degree in business management, human resources or related field
Experience/Skills/Knowledge:
10+ years of experience leading benefits and compensation functions in both the domestic and international arena. ·
Must include in-depth experience with large healthcare programs and retirement plans.
An ability to influence senior leadership and build partnerships with team members and managers, even when they are in other parts of the world.
Experience negotiating with and managing large vendors and outside consultants.
Confidence to work in a matrixed organization with shared resources
A history of successfully identifying and taking action on the most valuable strategic targets while working in an environment of ambiguous goals, tight deadlines and continually shifting priorities
