Senior Compensation Specialist

4 weeks ago

London, Greater London, United Kingdom Page Executive Full time

About the Role

The Senior Compensation Specialist will be responsible for the implementation, management, and administration of total rewards policies and programs for the EMENA region. This role will lead market research and analysis, and develop compensation recommendations based on company guidelines related to compensation plans.

Key Responsibilities

  • Partner with Total Rewards Analyst and HR Business Partners by providing guidance and administering compensation actions (e.g. job evaluation and market pricing, salary offers, market adjustments and variable pay) for the EMENA region.
  • Lead the annual compensation planning process for the region and coordinate with local and regional HRBPs.
  • Educate HRBPs, supervisors, and managers on all benefits and compensation programs.
  • Advise management of appropriate resolution for benefits/compensation related issues.
  • Recommend, conduct, and participate in salary surveys in order to determine prevailing pay rates and maintain competitive compensation levels in given local market.
  • In collaboration with the HRBP and/or Labor Relations COE, develop benefits/compensation proposals as part of union negotiation process.
  • Complete benefits/pay practice studies to ensure EMENA is in compliance with local benefits and that compensation regulations are competitive and aligned with prevailing practices in the market.
  • Manage and maintain salary structures (Global Grading), analyze salary survey data and develop merit budget recommendations, market reference points, and variable compensation elements.
  • Keep the compensation framework accurate with current job/compensation data.
  • Develop and generate reports to support key HR processes and perform necessary audits to ensure accuracy of compensation data.

Requirements

  • Bachelor's degree in human resource management, business or related field, or equivalent.
  • Fluency in English is required.
  • Solid organizational and multitasking skills to include effective time management and ability to handle multiple projects and priorities.
  • Strong background in compensation design, analysis and administration, including experience with the design of incentive programs for professional and hourly employees.
  • Proficiency in the use of PC software tools for analysis, audits, reports, and presentations.

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