Vice President Compensation & Benefits Sandvik Group

People are one of Sandvik’s most important success factors. Competitive, transparent, and business-relevant reward programs are therefore essential to attracting, engaging and retaining the people who drive our continued success.

We’re now looking for an experienced and commercially minded Vice President Compensation & Benefits to lead and further develop our global Compensation & Benefits function. This is a highly influential role at the center of a global, decentralized and continuously evolving organization, with the opportunity to shape how Compensation & Benefits supports business performance, profitable growth and long-term value creation.

Your mission

You set the strategic direction and lead the development of Compensation & Benefits across Sandvik Group. You ensure that our global reward framework supports the Group’s business strategy and balance clear governance with the needs of our decentralized businesses and local markets.

You act as a trusted advisor to the EVP and Chief HR Officer, senior management, and the Remuneration Committee. You lead the Group Compensation & Benefits team at Group level, including Executive compensation, Pensions and benefits, Global mobility and Global Rewards Operations, data and projects. You also chair Sandvik’s global Compensation & Benefits forum and work closely with the Compensation & Benefits leaders across our four Business Areas and the regional organizations. You’re an engaged peer in Sandvik’s Group HR Management team.

Job responsibilities also include;

Translating business needs into decentralized Compensation & Benefits practices that enable Business Areas and Divisions to succeed.

Designing and implementing Compensation & Benefits procedures and policies with primary focus to support a high-performing organization and contribute to a strong performance culture.

Developing Sandvik’s approach to areas such as pay transparency, equal pay, executive remuneration, pensions and benefits governance, regulatory requirements and data-driven decision-making.

Strengthening the function’s contribution to Sandvik’s growth agenda, by ensuring that Compensation & Benefits expertise is brought into acquisitions, including due diligence and post-merger integration.

Location

The position is based in Stockholm, Sweden and requires travel.

Your profile

You have a successful track record from translating business needs into Compensation & Benefits structures, creating growth and value across a variety of organizations. You have extensive experience within global Compensation & Benefits or Total Rewards, gained in international and complex organizations.

You understand how reward structures influence performance, behavior, cost and value creation, and you are genuinely interested in understanding and supporting Sandvik’s businesses and operations. You enjoy speaking business from an HR and reward perspective.

Your background also includes:

A strong and broad experience in executive compensation, incentive design, remuneration governance and interaction with senior management.

Experience leading global teams and operating through both direct and indirect reporting lines in a decentralized business model.

Relevant experience from business growth, transformation and M&A, including reward-related due diligence and integration.

Strong financial and business acumen, with a genuine interest in investor and shareholder perspectives.

It’s highly meriting with experience from:

International industrial, engineering and/or technology companies.

Direct interaction with Remuneration Committees in a listed environment.

Broader HR Director, financial and/or other leadership positions.

You’re curious, culturally versatile, and comfortable navigating across a truly global footprint. You naturally build trust across cultures and organizational levels, and between the business and your expert function. You naturally and constructively interact with, and challenge, senior stakeholders. Collaborative and low in prestige, you’re successful by being present and close to the business. You combine integrity with a pragmatic approach and know how to navigate between firm governance and business needs.

Application & Contact information

In this recruitment, Sandvik Group is cooperating with Alumni Global. Please use the application link provided to send us your application (CV only required). Apply as soon as possible and no later than September 4, 2026. Please note that we do not accept applications via e-mail.

For questions about this position, please contact Karin Hagelborn, Partner and Consultant at Alumni Global.

Hiring Manager

Björn Axelsson, EVP and Chief HR Officer, Sandvik Group

Union contacts – Sweden

Johanna Beijer, Unionen, +46 (0)70 616 18 27

Erik Knebel, Akademikerföreningen, +46 (0)70 340 47 03

Peter Olsson-Andrée, Ledarna, +46 (0)70 222 48 55

We’ve already decided on what advertising channels and marketing campaigns we wish to use and respectfully decline any additional contacts.

Our recruitment process is open and fair – we welcome all applicants and evaluate every unique application in line with the specified requirements profile, to find the best match for the position. To learn more about our recruitment process, please visit our career site or contact HR Services at hrservices.sweden@sandvik.com.