
Compensation and Benefits Strategist
1 day ago
About the Role:
We are seeking a highly skilled Compensation and Benefits Strategist to join our Group Rewards team. As a key member of this team, you will play a critical role in shaping our compensation strategy across the organization.
Key Responsibilities:
- Co-manage the annual pay planning process for the entire organization, ensuring that all steps are completed efficiently and effectively.
- Participate in external market compensation benchmarking surveys, analyze the results, and develop action plans to stay competitive.
- Research and analyze compensation structures for various Business Units, using compensation reports and other data sources to inform your recommendations.
- Design and review short-term incentives/variable pay structures for individual Business Units, taking into account market trends and business objectives.
- Collaborate closely with HR business partners and recruitment teams to attract, motivate, and retain top talent.
- Support staffing activities by conducting job evaluations, competitive benchmarking, and structuring new hire and promotion offers.
- Analyze internal rewards data and the effectiveness of compensation programs, making recommendations for improvement.
- Develop and review reward policies, guidelines, and procedures to align with company objectives.
- Co-manage Compensation and Benefits automation projects, working closely with stakeholders to ensure successful implementation.
Candidate Requirements:
To be successful in this role, you will need:
- A Bachelor's degree in Business Management or Human Resources, or an associated field. An MBA or Master's degree in a relevant field is an added advantage.
- 7-10 years of relevant experience in Human Resources, with at least 2-3 years in a team lead role handling Compensation, Incentive design, Benefits, Policies, and Strategic Workforce Planning in a large and multi-business organization.
- Strong functional knowledge and concepts, excellent analytical skills, and attention to detail.
- Ability to understand business needs and translate them into well-structured HR processes.
- Excellent communication skills across hierarchical levels, empathy, personal tact, and cultural awareness.
- The ability to handle very confidential information on a daily basis.
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