Practice Lead - Compensation and Benefits

Role

Practice Lead - Compensation and Benefits

Location

London, United Kingdom

Responsibilities

• Design compensation structures/models, allowances, salary ranges, long & short term incentive programs, policy formulation across multiple European countries for employees hired locally and expats deputed/seconded to these countries.
• Budgeting, financial impact analysis and scenario planning to evaluate optimal solutions and implementation plans; focus on digitization for improved program implementation.
• Provide C&B support for any union/CBA/Worker Council negotiations in the region.
• Refine market intelligence data to periodically benchmark compensation programs/processes in scope and recommend enhancements to improve their competitiveness.
• Ensure that compensation practices are in compliance with current legislation.
• Design and deploy various compensation programs to drive organizational performance through world class governance and employee experience practices.
• Lead large change/program management initiatives that affect the larger organization and drive business value.
• Lead key/strategic initiatives within the Practice.
• Drive the C&B agenda for mergers and acquisitions or other transition deals in the region.
• Independently resolve escalated compensation issues and recommend optimal solutions for high complexity issues.
• Develop and report metrics related to effectiveness of managed compensation programs/processes.
• Engage with internal stakeholders and user groups to gather actionable feedback on programs and recommend design improvements.
• Develop targeted education programs and communication material on compensation offerings.
• Manage benefits for the region, including benefits benchmarking, implementation, administration, vendor management and compliance adherence.
• Manage a team of junior resources supporting the Europe region.

Qualifications

• 9-12 years of experience in core compensation and benefit areas of organizations with multi-country operations and/or consulting experience in total rewards.
• Strong analytical and quantitative skills with an emphasis on accuracy, and high proficiency in spreadsheets and databases.
• Attention to detail while understanding larger context to recommend solutions that factor multiple variables.
• Ability to engage with multiple internal and external stakeholders to realize shared objectives.
• Capability to take responsibility and operate independently in a fast paced environment.

Skills

• Compensation structure, design and modelling.
• Executive remuneration.
• Bonus and incentive plans.
• Structuring hiring and expat grids.
• Mergers and acquisitions.
• Compensation and benefits harmonization.
• Vendor and stakeholder management.

Equal Opportunity Employer Statement

All aspects of the hiring process and employment at the Company are based on merit, competence and performance. The Company is an equal opportunity employer.