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Global Rewards Analyst
3 months ago
JOB DESCRIPTION
Job title: Global Rewards Analyst
Department: Human Resources
Location: Delta Park, Fareham / Rochester, New York / Shanghai, China
Working hours: Monday – Friday - hours will vary dependant on country (UK, 37.5 per week / US, 40 per week)
A brighter future awaits you
We are one of the world’s leading manufacturers of soft contact lenses with a presence in over 100 countries. Being part of our company means helping improve the way people see each day. It’s more than making contact lenses, it’s about giving lens wearers freedom and confidence to move about their daily lives. We’re all about bright futures – for our people and those who wear our contact lenses.
We’re big on belonging. Everyone’s contribution counts, and that’s why inclusion and diversity are so important. It isn’t just the right thing to do; it’s what makes our company the best it can be. We are committed to creating an inclusive and engaging workplace. Our Employee Resource Groups offer employees to grow within a safe and inclusive space. So be yourself, whoever you are, and let’s achieve amazing things together.
Job summary – What to expect:
The Global Rewards Analyst will be responsible for supporting many of CooperCompanies global compensation and benefits programs, including pensions.
Working collaboratively, this position will have responsibility for running global rewards projects like merit processes, bonus payout processes and market pricing. This role will be responsible for coordinating global survey submissions, maintain rewards compensation systems, driving benchmarking efforts and will support global compensation and benefits related tasks. The position will also support ongoing training and development of reward programs and approaches to the wider HR team and as appropriate business leaders.
In addition, accountabilities will include –
- Conduct ongoing competitive market pricing for salaried, non-salaried and executive level jobs for all client groups.
- Support Rewards Managers and wider team members as needed on project-based analyses, benchmarking and delivery.
- Support multiple, global merit and bonus payout processes (on a variety of systems including spreadsheet).
- Partner with regional HR managers in the collection of employee data in preparation for external surveys and complete survey submissions.
- Provide detailed analysis on competitive position, trends and recommend program adjustments/updates to report on market competitiveness by global region and by job family.
- Maintain market-based pay ranges in MarketPay and develop merit costing models to make global pay structure adjustment recommendations. Drive midpoint analysis for annual structure updates to ensure market competitiveness.
- Support global Benefits renewals and benefit program improvements.
About you:
Knowledge, Skills and Abilities
- Strong project management and organizational skills.
- Ability to work under pressure across a wide variety of local, regional and global stakeholders who may have competing requirements
- Experience with MarketPay compensation analytics system preferable
- Knowledge and understanding of Willis Towers Watson, Radford, IPAS, and Mercer survey providers strongly preferred.
- Experience managing a system-based merit increase process preferred.
- Exceptional customer service focus, utilizing excellent interpersonal skills for the purpose of communicating and listening, and with an emphasis on tact and diplomacy.
- Advanced Excel and math skills.
- Exceptional attention to detail and focus on accuracy.
Experience
- Ideally 5+ years of progressive compensation and benefits experience, preferably in a global high technology or medical device industry
Qualification
- Bachelor’s degree in Business, HR or related field or equivalent education and experience.
- Good standard of English in verbal and written form are essential for this role
