Head of Total Rewards
Posted on: 16/05/2025
Madrid
Permanent
IT
Morgan Philips Executive Search is partnering with a leading multinational company to recruit a strategic and forward-thinking Head of Total Rewards to lead compensation, benefits, and workforce cost management across Spain.
This is a high-impact leadership role with visibility at the highest levels of the organization. If you're passionate about building future-ready reward strategies in complex, global environments — this could be your next career move.
Your mission:
As Head of Total Rewards, you will be at the helm of designing and implementing a compensation framework that supports business goals, empowers talent retention, and ensures cost efficiency. You will play a central role in shaping how rewards are structured and delivered in a fast-moving, matrixed environment.
Key responsibilities:
What we’re looking for:
What’s in it for you:
This is a high-impact leadership role with visibility at the highest levels of the organization. If you're passionate about building future-ready reward strategies in complex, global environments — this could be your next career move.
Your mission:
As Head of Total Rewards, you will be at the helm of designing and implementing a compensation framework that supports business goals, empowers talent retention, and ensures cost efficiency. You will play a central role in shaping how rewards are structured and delivered in a fast-moving, matrixed environment.
Key responsibilities:
- Define and evolve the company’s total rewards strategy in alignment with business priorities and organizational structure.
- Oversee budgeting, forecasting, and financial planning related to personnel costs, working closely with Finance and HR Controlling.
- Lead the annual reward cycle, including salary reviews, bonus schemes, and benefits administration.
- Conduct internal and external benchmarking to ensure competitiveness in the talent market.
- Ensure compliance with local labor and tax regulations while adapting policies to global governance standards.
- Partner with senior stakeholders on high-level transformation projects, such as mergers, acquisitions, or organizational redesigns.
- Manage and mentor a high-performing team, fostering a culture of collaboration, innovation, and continuous improvement.
What we’re looking for:
- A solid track record of at least 5 years in a senior Total Rewards or Compensation & Benefits role within a multinational, matrixed environment.
- Proven experience in managing teams and influencing C-level stakeholders.
- Fluent in English (C1 minimum); Spanish is a must.
- Experience in HR controlling or compensation systems is a plus, but not essential.
What’s in it for you:
- A highly visible, strategic role in a global company undergoing transformation.
- Full ownership of the Total Rewards agenda across Spain.
- The chance to lead change and design impactful reward models in a company that values innovation and data-driven decision making.
- Flexible, hybrid work model and a supportive, dynamic culture