Compensation and Benefits Manager

2 weeks ago

London, United Kingdom HMD Full time

Welcome to HMD, where our passion drives us to connect the world. Since our establishment in 2016, we've swiftly become a force in the smartphone industry. In just 11 months from launch, we released our first 11 phones globally, offering a diverse range of feature and Android™ smartphones to cater to every user. Our commitment is simple: mobile technology should enhance lives. From feature phones to cutting-edge smartphones, we prioritize timeless design and regular updates for lasting trust.



Please double check you have the right level of experience and qualifications by reading the full overview of this opportunity below.

We are not only building phones and services that people love but also focusing on sustainability. Our manufacturing standards are among the toughest globally, ensuring our phones endure extensive testing, encouraging users to keep their devices longer. Join us in shaping a connected world with devices that stand the test of time.



Job Overview:

We are seeking a highly skilled and experienced Compensation and Benefits Manager to join our dynamic HR team. The successful candidate will play a critical role in designing, implementing, and managing competitive and attractive compensation and benefits programs to attract, retain, and motivate our talented workforce around the world. This position requires a strategic thinker with in-depth knowledge of compensation structures, benefits administration, and a keen understanding of market trends. As this is a global role international experience will be a distinct advantage, and cultural sensitivity critical.



Responsibilities:

Compensation Strategy and Analysis:

  • Develop and execute a comprehensive compensation strategy aligned with the organization's goals and industry benchmarks.
  • Conduct regular market analyses to ensure our compensation structures remain competitive.
  • Collaborate with HR leadership to design incentive programs that drive performance and employee engagement.
  • Complete definition of Job Family Classification


Benefits Administration:

  • Oversee the administration of employee benefits programs, including health, wellness, retirement, and other related benefits.
  • Evaluate and enhance existing benefits offerings to ensure they align with employee needs and industry standards.
  • Collaborate with external vendors to optimize benefits programs and services.
  • Co-ordinate and oversee global HR operations to ensure data accuracy and annual process efficiency


Policy Development:

  • Develop, review, and update compensation and benefits policies to ensure compliance with relevant legislation and industry best practices.
  • Communicate policy changes to employees and provide guidance on program offerings.


Data Analysis and Reporting:

  • Utilize HRIS systems and other tools (Job Architecture/Mercer) to analyze compensation and benefits data.
  • Generate reports and metrics to assess the effectiveness of existing programs and propose improvements based on data-driven insights.


Employee Communication:

  • Develop communication strategies to effectively communicate compensation and benefits programs to employees.
  • Conduct information sessions and workshops to educate employees on available programs and address queries.


Compliance:

  • Stay informed about relevant laws and regulations related to compensation and benefits.
  • Ensure all programs and practices adhere to legal requirements.


Budget Management:

  • Manage the budget for compensation and benefits programs.
  • Monitor expenses, identify cost-saving opportunities, and make recommendations for budget adjustments.
  • Ensure global employment OPEX remains accurately tracked and flag any deviations from Forecast


Qualifications:

  • Bachelor's degree in Human Resources, Business Administration, or a related field. Master’s degree or relevant certifications (e.g., CCP, CBP) is a plus.
  • Proven experience as a Compensation and Benefits Manager or in a similar role.
  • International experience, with global experience a distinct advantage
  • In-depth knowledge of compensation structures, benefits administration, and relevant employment laws.
  • Strong analytical and problem-solving skills with the ability to use data to drive decision-making.
  • Excellent communication and interpersonal skills.
  • Experience with HRIS systems and proficiency in MS Office, especially Excel.
  • Detail-oriented with a high level of accuracy in data management. Passionate advocate of how data can drive business decisions
  • Power BI expertise is an advantage

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