The RoleAs Genmab continues its transformation into a fully integrated global biotech company, the
Head of Total Rewards will architect a future-ready, technology-enabled global rewards strategy that aligns with our purpose, growth ambitions, and values.
This leader will combine expertise in
executive compensation, global scalability, and digital enablement to create a next-generation total rewards model-anchored in data, automation, and human experience. The role will also build the structures, systems, and shared-service capabilities needed to scale efficiently while maintaining governance, equity, and agility.
The location is flexible across Genmab's global hubs (Princeton, Copenhagen, Utrecht). We have a hybrid model that requires being onsite 60% of the time.
ResponsibilitiesStrategic Design & Operating Model- Define and lead the evolution of Genmab's total rewards philosophy and structure to support a global, end-to-end biotech organization.
- Design a modern total rewards operating model that integrates regional teams, shared services, and centers of excellence for consistent global delivery.
- Drive process standardization and automation to improve quality, transparency, and efficiency.
- Lead a strategic compensation team responsible for developing forward-looking frameworks, tools, and analytics that enable proactive support to HR Business Partners, Talent, and other COE stakeholders.
- Ensure the Total Rewards function continuously evolves its offerings to meet the changing needs of a high-growth, science-driven organization.
Executive Compensation & Governance- Serve as lead advisor to the Board's Remuneration Committee on executive and equity compensation.
- Design performance-based and ESG-linked long-term incentive plans aligned with Genmab's business strategy and culture.
- Ensure strong governance, compliance, and transparency in all executive pay matters.
- Bring external perspective and best-in-class practices to inform committee discussions and program evolution, ensuring Genmab remains competitive within the biotech and broader life sciences markets.
Global Rewards Strategy & Wellbeing- Oversee global compensation, benefits, recognition, and mobility programs that balance competitiveness, scalability, and inclusivity.
- Integrate skills-based pay, internal mobility, and evolving career architectures into the total rewards framework.
- Evolve wellbeing and flexibility offerings through technology and personalized employee experiences.
- Champion employee understanding and appreciation of Total Rewards by partnering with Communications and HR to create clear, engaging messaging that connects programs to our purpose, values, and "EVP".
- Regularly assess market trends, benchmark data, and emerging innovations to identify opportunities for differentiation and continuous improvement.
Technology, Automation & Data- Lead implementation of digital total rewards platforms and process automation across compensation, benefits, and equity administration.
- Establish robust analytics capabilities for pay equity, retention risk, and predictive modeling.
- Drive continuous improvement through data insights, benchmarking, and feedback loops.
- Leverage advanced analytics to generate actionable insights for business leaders, enabling data-driven decisions around talent retention, productivity, and performance outcomes.
Governance & Continuous Improvement- Strengthen global governance structures and ensure alignment with regulatory, financial, and ethical standards.
- Create transparency and consistency through standardized processes, policies, and data.
- Build and mentor a global total rewards team with strong analytical and design skills.
Requirements- 15+ years of experience in total rewards, with significant leadership in global, complex organizations.
- Deep expertise in executive compensation design, governance, and disclosure.
- Proven success implementing technology, analytics, and automation within HR or total rewards functions.
- Experience designing shared-service or center of excellence models across geographies.
- Strong understanding of compensation and benefits regulations across multiple markets.
- Exceptional ability to influence and communicate at the executive and Board level.
- Demonstrated success leading and developing global teams, fostering capability growth and functional excellence.
- Proven ability to translate external best practices and market intelligence into actionable strategies tailored to the biotech industry.
Attributes- Visionary leader who designs systems for long-term scalability.
- Digital innovator who applies automation and analytics to improve the employee experience.
- Trusted advisor who balances strategic foresight with operational excellence.
- Inclusive, globally minded leader who champions fairness and sustainability in rewards.
For US based candidates, the proposed salary band for this position is as follows:
$305,200.00---$457,800.00
The actual salary offer will carefully consider a wide range of factors, including your skills, qualifications, experience, and location. Also, certain positions are eligible for additional forms of compensation, such as discretionary bonuses and long-term incentives.
When you join Genmab, you're joining a culture that supports your physical, financial, social, and emotional wellness. Within the first year, regular full-time U.S. employees are eligible for:
- 401(k) Plan: 100% match on the first 6% of contributions
- Health Benefits: Two medical plan options (including HDHP with HSA), dental, and vision insurance
- Voluntary Plans: Critical illness, accident, and hospital indemnity insurance
- Time Off: Paid vacation, sick leave, holidays, and 12 weeks of discretionary paid parental leave
- Support Resources: Access to child and adult backup care, family support programs, financial wellness tools, and emotional well-being support
- Additional Perks: Commuter benefits, tuition reimbursement, and a Lifestyle Spending Account for wellness and personal expenses
Further details on eligibility for compensation and benefits based on role will be provided during the recruitment process
