Total Rewards Specialist
3 weeks ago
Total Rewards Specialist Job Description
This is a highly specialized role that involves developing and implementing total rewards strategies globally.
Key Responsibilities:
- Partner with HR, Finance, and other key stakeholders to align on the company's total rewards philosophy and goals
- Develop and standardize processes and tools to deliver fair compensation to all employees
- Recommend changes as appropriate and support the respective country in completing the agreed changes
- Document global total rewards business processes and coordinate changes improving processes and workflows
- Lead the team through regular benchmarking cycles to analyze and assess market data, industry trends, and best practices to create market competitive reward packages
- Provide guidance to managers in updating job profiles
- Provide analysis and recommendations for off-cycle salary adjustments
- Facilitate annual compensation review process including requirements gathering, system configuration, data preparation, process management, and communication
- Administer the executive Long Term Incentive program including annual grants, vesting, and communications
- Assist in the preparation of budgets and prepares analyses
- Other duties as assigned
Requirements:
- Minimum degree in Human Resources from a recognized university
- Minimum 8 years of experience required
- Excellent communication skills are a must
- Good management skills of a team
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