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Compensation and Benefits Manager
2 months ago
The Regional Compensation & Benefits Manager will be responsible for developing, implementing, and administering equitable, competitive, and financially sustainable compensation structures and benefits programs across the EMEA region.
Key Responsibilities:- Compensation Strategy: Advise and educate HRBPs and business leaders on compensation structures, and bonus programs.
- Pay Decisions: Collaborate with HRBPs and business leaders on pay decisions, and job evaluations to ensure internal equity, external competitiveness, and compliance with all legal and regulatory requirements.
- Reporting and Analytics: Create effective, efficient, and easy to understand custom reports and dashboards to assist in making fact-based compensation decisions.
- Individual Challenges: Research and resolve individual compensation challenges.
- Change Management: Build a consultative and collaborative relationship with HRBPs, recruiters, and business leaders to carry out change management projects that create more efficient total reward processes and procedures.
- Seasonal and Year-End Processes: Handle the seasonal and year-end processes including promotions, merit, and bonus payments.
- Benchmarking: Benchmark roles to salary surveys, maintaining global alignment as appropriate.
- Pay Competitiveness Review: Manage the annual pay competitiveness review process, including market analysis, budget allocation, and communication strategies.
- Program Monitoring:
- Monitor the effectiveness of existing compensation programs, policies, and guidelines - recommend revisions that are cost-effective and consistent with compensation trends and business objectives.
- Insights and Costing: Provide compensation insights and costing to Finance team partners.
- Total Rewards Process Management: Monitor regulatory changes in region to ensure programs and structures are fully compliant.
- Documentation and Compliance: Ensure all compensation and benefits processes are documented and that records are maintained in accordance with statutory requirements.
- Global Offer and Bonus Agreements: Partner with Legal and HRBP team on global offer, bonus agreement, and contract templates.
- Education: Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
- Experience: Progressive experience in a compensation role.
- Regional Expertise: Proven experience in compensation and benefits within the EMEA region, with a strong understanding of regional variations in employment practices and legislation.
- Technical Skills: Proficiency in HRIS systems and Microsoft Office, particularly Excel.
- Confidentiality: Proven ability to handle confidential and sensitive data appropriately.
- Attention to Detail: Attention to detail, passion for quality work and timely delivery.
- Business Acumen: Excellent planning and prioritization, problem solving, and business partnering skills.