Overview
The Compensation Analyst is accountable for conducting analyses and reporting key information such as benchmarking data, trends and forecasts, and supporting the C&B centre of expertise in designing, modelling and monitoring its programmes and practices.
Key Responsibilities
- Preparation of salary scales for annual (and midyear) review, which includes gathering market data from survey providers and organizing the data needed for the scales review, and preliminary market analysis and impact
- Coordinate to salary survey providers for data submissions and survey results, which includes job matching for selected salary surveys
- Actively participate in the planning of the execution of the annual salary review
- Actively participate in the ASR specs review, compensation module set up and perform UAT and PROS testing and liaises with HRIS team for data and system related matters.
- Contribute to enhancement of tools and processes related to ASR and salary scales review and contributes to compensation reporting and monitoring tools development, including modelling, and implementation
- Support regional Compensation & Benefits managers in specific compensation related demands in all analytical aspects of its projects, preparing data for analysis, checking data quality and accuracy and providing analysis
- Advises other members of the human resources team on basic aspects of C&B.
- Participate in Reward project and activities (such as grading, mobility, living wage, pay equity)
- Coordinate remuneration specialists activities for annual salary review process execution
Required Experience
- 6-9 years' professional experience.
- Minimum 5 years' experience in supporting the design and implementation of compensation and benefits policies in medium to large multinational organizations.
- Understanding of best practices in compensation and benefits (e.g. job grading, salary scales design, total rewards) as well as general knowledge of Human Resources as a discipline.
- Working experience in using SAP
Qualifications
University degree in business administration, human resources or other related discipline.