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About the Role
Cochlear is seeking a Director, Executive Reward & Performance to shape and deliver the company's global approach to executive reward, performance, and equity. This senior role offers exposure to the Executive Team and People & Culture Committee, requiring a blend of reward expertise, commercial judgment, and stakeholder influence to create practical solutions from complex remuneration concepts.
Responsibilities
- Take end-to-end responsibility for key executive remuneration processes, including supporting the People & Culture Committee, preparing remuneration-related papers, and managing Committee actions.
- Lead the remuneration components of Cochlear’s Annual Report and Notice of Meeting, partnering with Finance, Legal, and Investor Relations.
- Lead the management, review, and communication of global executive incentive plans.
- Co-develop Cochlear’s Executive Total Rewards & Performance strategy, ensuring competitiveness, sustainability, and alignment with business and cultural priorities.
- Monitor executive remuneration trends and market competitiveness, providing external insights from the ASX environment.
- Provide strategic and operational leadership across executive base pay, incentives, superannuation/pension, and other rewards.
- Oversee the design, management, and administration of global equity plans, including LTI, Deferred STI, Special Awards, and employee share plans.
- Partner across Legal, Finance, Tax, Payroll, and People & Culture to ensure reward and equity processes are robust, effective, and compliant.
- Manage external partners and providers to ensure access to high-quality market data and advice.
- Lead and contribute to global projects to continuously improve reward and performance approaches.
Requirements
- Significant experience across performance and reward, remuneration and benefits, and reward strategy development.
- Hands-on experience managing executive remuneration.
- Approximately 10 years’ experience in Performance & Reward / Remuneration & Benefits and Reward Strategy development with the ability to integrate with broader People and culture strategies.
- Strong conceptual and analytical capability, with confidence working with complex data and financial information.
- Experience developing and improving systems and processes.
- Strong organizational awareness and the ability to build credibility and influence across senior stakeholder groups.
- Ability to lead significant projects with a high degree of autonomy.
- A pragmatic mindset, comfortable moving between strategic thinking and detailed execution.
- Experience and exposure working in an ASX listed business is advantageous.
- Ability to translate complexity into clarity.
- Ability to balance executive and shareholder perspectives.
- Ability to challenge constructively.
- Ability to build trust with senior stakeholders.
- Understanding that great reward strategy reinforces desired performance, behaviours, and culture.
Skills
- Executive Reward
- Performance Management
- Equity Plans
- Remuneration Strategy
- Stakeholder Influence
- Data Analysis
- Project Leadership
- Commercial Judgement
Location
- Global
Work Type
- Full-time
Experience Level
- Senior
- 10 years experience
Benefits
- Internal programs and employee benefits designed to create an environment where people feel valued and supported.
- Support for continuous learning.
- Support for professional development.
- An environment that enables thriving whilst balancing family or personal life commitments.
About the Company
- Cochlear's mission is to help people hear and be heard.
- Global leader in implantable hearing solutions.
- Dedicated to helping people with moderate to profound hearing loss experience a world full of sound.
- Aims to transform the way people understand and treat hearing loss and innovate to connect people with future technologies.
- Employees enjoy working for Cochlear due to the opportunity to make a difference to people’s lives.
- Offers opportunities to learn and grow while tackling complex challenges in hearing.
Equal Opportunity
- Cochlear values and welcomes the unique contributions, perspectives, experiences, and backgrounds of its employees.
- Aims to build a culture that celebrates and leverages differences, creating a sense of belonging and enabling people to realize their full potential.