Global Compensation Manager

Company:  CV-Library
Location: Birmingham
Closing Date: 15/08/2024
Salary: £65,000 - £80,000 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Global Compensation Manager Role purpose: You will be responsible for the delivery of all base and variable pay programmes across our global footprint. You will work closely with the Reward Business Partners and Global Head of Reward to design, deliver and manage a sustainable and impactful compensation offerings that closely align with the business objectives and our global reward philosophy. In collaboration with the Reward team, Global People Partners, People Services Team, key business and finance stakeholders, working to understand the current reward landscape so that you can design and optimise programs across the globe Key Responsibilities: Lead the development, implementation and management of pay programs globally; managing the end to end process, including analysis, proposing solutions and delivering ad hoc pay projects and year end programs. Manage the relationship with external providers regarding job evaluation framework and market data. Manage internal activity with Reward Analysts on evaluation and market pricing, providing timely advice and recommendations to the business through the Reward/People Partners. Manage both cyclical and ad-hoc participation into Reward surveys, liaising with reward analysts and external providers to ensure timely completion and return. Analysis and optimisation: Conduct regular analysis of current compensation, driving the team capability to be proactive in problem resolution Assist Global Head of Reward and Reward Business Partners in the creation of RemCo/Executive papers for changes, projects and for annual compensation processes. Oversee and manage reporting requirements across all jurisdictions e.g. gender pay gap reporting, ensuring we meet our pay transparency obligations where necessary. Continuously review compensation decisions, positions and programs to ensure alignment to Pay for performance philosophy, enabling a performance driven culture. Feedback to the business. In partnership with the Benefit Manager, proactively lead on horizon scanning activities to ensure changes in legalisation or market condition are captured and communicated to the business, and where necessary processes/policies are reviewed. Assess and monitor to ensure competitiveness of pay programs / position to mkt. Partner with Global Benefits Manager and reward Business Partners to ensure competitive holistic rewards enabling us to attract and retain talent to drive business growth Manage and promote our Recognition platform VITAE. Partner with external provider to continuously improve partnership and effectiveness of the application. Looking at innovative ways of utilising the reward platform across the business for maximum impact. Manage governance and consistency job evaluations, which underpin the DNA of our Job architecture framework., Provide partnership on projects (i.e., redesign initiatives or new programs), ensuring it supports our philosophy and direction. Manage change and communications across the People function. Support Global Head of Reward and Reward Business Partners with due diligence and analysis of acquisitions, disposals and other corporate transactions from due-diligence through to post integration. Develop data-driven proposals and measure compensation efficiency & effectiveness through financial expenditures, competitive bench marking and performance analysis. Technical / Professional Qualifications / Requirements: Bachelor's degree required with strong financial acumen. Experience with managing base and variable compensation programs in an international setting Experience of defining and managing projects to plan and to delivery. Solutions focused with a continuous improvement mindset to quickly understand and solve complex reward problems. Strong quantitative skills, ability to use data analysis to proactively derive insights and support fact-based decision making. Ability to build business cases and develop data and summaries for committee & board presentations. Ability to communicate, partner and influence across the People Team and business; building relationships and demonstrating a strong customer focus and commitment to quality service delivery. Ability to apply statistical metrics and execute processes to analyse and measure the effectiveness of compensation programs and initiatives. Ability to develop and deliver locally against a global reward strategy Demonstrated ability to design & implement analytical solutions in a global, complex organisations Excellent consultative skills, understanding business needs and translating those needs to technical requirements. Experience in negotiations with Works Councils preferred. Has a growth mindset with the ability to successfully navigate complexity and understand what it takes to be successful in different contexts. Culturally sensitive, high integrity and values diversity. Self-motivated, passionate and an optimist who is a resilient and calm with very strong emotional intelligence
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