Manager - Global Compensation & Benefits - IT

Manager - Global Compensation & Benefits

Compensation Planning:

- Prepares global templates by Unit on annual compensation budget for review by the Comp Lead and BU/GBLs HRDs. Incorporates salaries, Variable Compensation Target (VCT), and other relevant costs into template to arrive at the current year baseline vs projected budget

- Prepare statistical analysis, data modeling and costing analyses, as needed

- Participate in salary surveys, interpret and perform analysis on salary survey data

- Highly proficient in market pricing practices, theories and methodologies and tools

- Ability to develop and conduct analysis of compensation structures and frameworks

- Consults with Unit HRDs and HRBPs on various compensation related issues relating but not limited to: benchmarking, survey analysis, salary planning, hiring rates, position alignment.

Executive Variable Compensation (VC):

- Validates employee VC eligibility and VCT

- Issues VC start letters which contain role based financial KPIs

- Calculates annual VC by unit based on each units Business Performance Factor (BPF), employees' Individual Contribution Outcome (ICO), and Normalization factor.

- Develops reports for Compensation Leads and Unit's HRDs review and approval

- Completes Group VC approval templates

- Working with Finance through the year to calculate VC payment commitments based on latest year end forecast so appropriate accruals can be made.

Other Total Rewards Programs:

- Assists with administration of the company Long Term Incentive (LTI) annual process

- Maintains and audits business processes, incentive targets, and incentive payout rules

- Creates ad-hoc reports, compensation modeling, and analysis as necessary

- Work on various group level projects e.g. design input to new systems

Experience Requirements:

- The successful candidate will have a proven track record with at least 8 years of experience within Compensation, Finance or Operational areas

- People Management Experience; experience of managing a small team of 2-3 as direct reports along with conducting their performance evaluations and supporting their development.

Advanced Excel skills such as:

- VBA, Formulas writing and advance Macros

- Develop Charts.

- VLookUp

- Pivot Tables.

- Conditional formatting.

- Array Formulas

- Dashboards.

Finance and business acumen :

- Technical and functional understanding of Successfactor reward modules is desirable

- Working knowledge of HRIS systems is desirable