Head of Global Compensation & Benefits-Hybrid - BGC - Up to 230KWe are looking for the Head of Global Compensation & Benefits for our client located in BGC.
Salary: Up to 230K
Set-up: Hybrid
Shift: Flexible/Shifting Schedule
Purpose:
The Head of Compensation & Benefits for the Global Delivery Unit is a dynamic role that involves collaborating with Corporate HR and HR leaders to provide expertise on Rewards policies and programs. The role includes working on various global Rewards cycle activities and projects, with the goal of enhancing the service provided by the Rewards Team. The position requires close collaboration with the HRBP for the Global Delivery Unit, International Reward Lead, and Corporate Reward Lead to align all Rewards programs with the Company's Rewards Philosophy. As Head of Compensation & Benefit, you will be responsible for the entire Compensation & Benefits process, including policy development/alignment, annual benchmarking, pay review processes, and HR team training within the Global Delivery Unit. The role also involves advising the HR team on all Compensation & Benefits issues, with support from a reward team. The position also entails support on developing, refining, and maintaining global Executive Compensation programs and policies to promote global consistency and efficiency. This is a demanding role that requires the ability to work under pressure, drive and manage change, and maintain high attention to detail.
Scope:
The Head of Compensation & Benefit GDU scope covers leading the India Payroll Team, managing Pay Review and Benefit programs/processes, driving policy alignment across each location to ensure global standards across the Global Delivery Unit.
Key Objectives: Provide compensation leadership on a variety of compensation program design and implementation, year-end and year-round compensation planning.Partner with business unit leaders, HRBP, and broader Total Rewards teams to develop and deploy total rewards solutions that drive outcomes for the business and are linked to the client's overall Total Compensation strategy/philosophy.Provide proactive and strategic business support by understanding key business challenges and opportunities and proactively providing solutions to enable the company to achieve its growth objectives.Educate HR and Business Leaders on Compensation programs and build a strong team of Compensation business partners to help the business achieve its objectives and improve the Total Reward Talent pipeline.Lead compensation workstream for any projects and contribute to other strategic compensation projects.Carries out complex initiatives involving multiple disciplines and/or ambiguous issues and displays a balanced, cross-functional perspective.Use data, analytics, and internal/external insights to develop solutions that help drive business results. Oversee participation in various compensation surveys and management of the market data process.Provides input to the department's budget, expense management, and makes staffing decisions including salary and incentive recommendations.Lead the Compensation team to manage and implement the Annual Review Cycle (ARC) for the region.Provide guidance to Business Unit Leaders, HR Managers, and (S)HR Business Partners/Advisors on salary and incentive proposals.Keep abreast of changes to regulatory legislation impacting compensation practices in Financial Services and propose solutions for implementation.Prepare and present materials for senior leadership team, governance groups, and global Compensation Committees.Ensure processes, performance documents (where applicable), and contracts are aligned with regulatory expectations.People: Ensure and drive high engagement of our people.Ensure a highly skilled team now and in the future aligned with our corporate people strategy.Develop and implement training plans to ensure that the Reward function has the right skills, now and in the future.Qualifications: We seek a leader who brings a comprehensive background in Compensation & Benefits, managing total reward on a global scale in a services organization (10 years +).Experience of managing teams (onsite/hybrid) is a must.Brings a deep understanding and knowledge of how to manage Global Reward processes with SuccessFactors.Strong leadership skills to lead and manage a team of Reward & Payroll Specialists.Great at building relationships with key stakeholders based on mutual respect and trust.Highly effective when working within a matrix. Excellent communication, presentation, and collaboration skills are essential.Obsessive about Reward Topics and proactive in identifying opportunities, risks, and innovative thinking.Demonstrates the ability to analyze complex problems and apply creative solutions.Able to manage projects and change effectively and ensure that projects are implemented smoothly.Value the Diversity of our people and locations, demonstrating cultural empathy.
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