Director, Global Benefits in Brea, California at Danaher

Date Posted: 10/13/2018

Job Snapshot

Job Description

Job ID: COR001236

About Us

Danaher is a global science & technology innovator committed to helping our customers solve complex challenges and improve quality of life worldwide. Our world class brands are leaders in some of the most demanding and attractive industries, including life sciences, medical diagnostics, dental, environmental and applied solutions. Our globally diverse team of 67,000 associates is united by a common culture and operating system, the Danaher Business System, which serves as our competitive advantage. We generated $18.3B in revenue last year. We are ranked #162 on the Fortune 500 and our stock has outperformed the S&P 500 by more than 1,200% over 20 years.
At Danaher, you can build a career in a way no other company can duplicate. Our brands allow us to offer dynamic careers across multiple industries. We’re innovative, fast-paced, results-oriented, and we win. We need talented people to keep winning. Here you’ll learn how DBS is used to shape strategy, focus execution, align our people, and create value for customers and shareholders. Come join our winning team.


Description

DentalCo, Danaher’s Newly Created Company

On July 19, 2018, Danaher announced its intention to spin-off it’s Dental Platform to form a new publicly traded dental company.  The newly created company “DentalCo” (to be named later) will create one of the largest and most innovative dental companies in the world.  The benefits of this spin-off will allow the Dental business to be more impactful, with greater focus around organic and inorganic growth; be more agile and quick to respond to changing market environments; allow increased access to capital to innovate and invest in clinical and practice workflows; as well as, allow for significant career opportunities for associates and leaders.  DentalCo will be a public entity traded on the NYSE. Collectively, its businesses generated roughly $2.8 billion in revenues in fiscal year 2017 with a global presence in 100 countries, with 20 manufacturing sites.  The Director, Benefits will be for the newly created diversified dental company, which will comprise the existing companies in the dental segment of Danaher, including Kavo-Kerr, Ormco, and Nobel Biocare Systems.

In 2016, Danaher separated its industrial segment and stood up Fortive (NYSE: FTV), creating the separate public entity that has since progressed further in its industry segment and seen significant revenue growth and stock value since separation from Danaher. With the spin-off to create DentalCo, a new public company that will see increased growth and future value – “a Danaher 3.0.”  The Company will be driven by the same strong core values and a foundation provided by the Danaher Business System, Danaher's associates are pursuing a focused strategy aimed at creating a premier stand-alone Dental company. 

Director, Benefits

Danaher Corporation is seeking a new Director Benefits (Director). Reporting to the Vice President Total Rewards.  The Director will lead the Benefits function for Danaher’s global operations. 

You will have full responsibility for the corporation’s global benefits strategy, planning, policies, programs and effectiveness. You will be ultimately responsible for the competitiveness and cost-effectiveness of the company’s health and wellness (H&W), retirement and 401-K benefits plans and their adequacy with respect to attraction and retention. 

This is a very performance-driven and growing organization and this role has a history of introducing new approaches and concepts while challenging the status quo of the benefits function. Success requires an executive to be business and strategy focused, capable of contributing to the leadership of the business, while also being practical and analytical enough to solve day-to-day problems. You will be a strategist and tight operator that exudes leadership, guidance, and expertise.

Responsibilities:
  • Manage a Danaher spend of approximately $400MM annually; manage North America Defined Contribution Plan assets over approximately $4.9B and worldwide Defined Benefit liabilities of over $4B
  • Manage over 50 vendor relationships
  • Quickly establish credentials and credibility as the health and welfare benefit subject matter expert within Danaher 
  • Provide advice and counsel on OUS (outside U.S.) welfare and benefit programs to bring a “total rewards” approach
  • Communicate internally the value of Danaher’s benefits programs, and make recommendations to senior leadership on efficient means to simplify systems while continuing to drive the performance-based culture
  • Partner with the Head of Human Resources Mergers & Acquisition as a benefits subject matter expert on all mergers and acquisitions activity
  • Review benefits programs and make cost-justified recommendations to improve both their value to employees and their cost to Danaher
  • Establish world class quality customer service processes and delivery systems/tools
  • Make specific recommendations on how to manage the US and Canada health plans to ensure cost containment while not adversely impacting associate satisfaction
  • Participate in or initiate surveys and/or other activities to ensure the company’s competitive positions
  • Analyze and recommend changes in the health management program including the potential to expand the program outside of the U.S.
  • Travel both domestically and internationally as needed

Job Requirements



Qualifications

The ideal candidate for Director, Benefits will have strong experience in health and wellness benefits management.  You will bring a broad set of human resources knowledge and should have strong presence and the ability to inter-act and advise senior company leadership.  Additionally, as an executive, you will be included as a team member in diligence work around company mergers and acquisition activities.

You must have a thorough understanding of the benefits function from a strategic standpoint as well as a strong technical design background combined with financial acumen.  

The Director, Benefits will be a first-class benefits professional with excellent experience across a wide range of creative health and welfare benefit issues, including qualified plan design, compliance with Federal and State regulations, funding alternatives and absence programs. You must be a creative thinker who can perform in a fast-moving and constantly changing environment. 
Selection Criteria:
  • Exceptional influence and high impact consultative skills, including the ability to influence the CEO, senior leadership and HR leaders in our operating businesses
  • A “roll up the sleeves” style that gets things done through collaboration and hard work
  • Leadership demonstrated through “hands on” involvement and team management practices including the development of staff and others toward improved skills, independence, and initiative
  • Strategic thinking enabling development of a total rewards strategy for the company and each business unit to develop and maintain the necessary level of talent to achieve key financial and growth goals
  • Creativity and influencing skills to challenge current practices and ways of thinking about the operation of the organization and encourage innovation and professionalism
  • Strong vendor management skills including contracting, metrics, issue resolution, budget management, and driving continuous improvement
  • Oriented towards goal-setting, metrics and results with the ability to establish a strong sense of responsibility, accountability, and enthusiasm among the teams with which he/she interacts
  • Continuous improvement mindset
Required Skills & Experience:
  • Bachelor’s degree is required; advanced degree in a related field highly advantageous
  • CEBS or CBP certification is highly desirable
  • 10 years’ progressive benefits experience
  • 5 years’ management experience for a global company with diverse employee groups OR similar experience in a major consulting company aligned around benefits consulting
At Danaher, we are dedicated to building and sustaining a truly diverse and inclusive culture. These are not just words on a page—Diversity and Inclusion is a top priority for the company, and it ties deeply to each of our core values. Danaher Corporation and all Danaher Companies are equal opportunity employers that evaluate applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity, or other characteristics protected by law.



Danaher Corporation Overview

Danaher is a global science & technology innovator committed to helping our customers solve complex challenges and improve quality of life worldwide. Our world class brands are leaders in some of the most demanding and attractive industries, including life sciences, medical diagnostics, dental, environmental and applied solutions. Our globally diverse team of 67,000 associates is united by a common culture and operating system, the Danaher Business System, which serves as our competitive advantage. We generated $18.3B in revenue last year. We are ranked #162 on the Fortune 500 and our stock has outperformed the S&P 500 by more than 1,200% over 20 years.
At Danaher, you can build a career in a way no other company can duplicate. Our brands allow us to offer dynamic careers across multiple industries. We’re innovative, fast-paced, results-oriented, and we win. We need talented people to keep winning. Here you’ll learn how DBS is used to shape strategy, focus execution, align our people, and create value for customers and shareholders. Come join our winning team.