Job Summary:
Compensation team member - Specialist supports end to end planning and execution of compensation programs. The position is also responsible for overseeing the implementation of specific components of complex compensation programs and initiatives ensuring appropriate local implementation in the context of global guidelines. Role holder manages customer relationships with contacts from a variety of global and local groups drives resolution of compensation issues and questions and serves as a senior resource that provides guidance to less experienced team members and groups
Key Responsibilities:
- Overall planning of compensation - Budgeting or forecasting ensuring inputs to relevant finance teams to build the rate cards
- Program manage compensation planning
- Designs pieces of complex compensation programs resulting in significant and long term changes to the company's compensation offerings and policies ensuring optimal budget utilization.
- Oversees the implementation of specific components of complex and large scale global compensation initiatives ensuring appropriate local implementation in the context of global guidelines.
- Designs and develops training education and communication materials for the implementation of global or local compensation programs.
- Drives resolution of compensation issues and independently makes recommendation for optimal solution in situations where issue is complex.
- Manages customer relationships with contacts from human resources finance and the business and builds new relationships outside team where appropriate.
- Applies comprehensive functional knowledge in compensation and serves as a senior resource providing guidance to less experienced team members.
- Develops and shares knowledge capital in the compensation area.
- Provides input to capital budgeting for area and ensures that team adheres to budget.
- Help in toolset implementation for the compensation function in respective area.
Additional Desired Experience:
- Employee engagement/ enablement
- Driving Market intelligence initiatives
- Rewards Analytics
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