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- Tasks: Lead and manage compensation strategies across EMEA, ensuring compliance and competitiveness.
- Company: Join a dynamic company focused on attracting and retaining top talent in the FMCG sector.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be part of a pivotal role that shapes compensation strategies and impacts employee satisfaction.
- Qualifications: 5-10 years in compensation management, with strong knowledge of EMEA regulations and HRIS systems.
- Other info: Ideal for those passionate about data analysis and strategic decision-making in a fast-paced setting.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
My client is seeking a Compensation Manager EMEA & OSP to lead the strategy and execution of their compensation program. This role is pivotal in designing and managing competitive, equitable, and compliant compensation strategies that align with their goals. The successful candidate will work closely with the Total Rewards team, US corporate headquarters, EMEA HR Leadership team, and EMEA Exec Management to ensure their compensation offerings attract, retain, and motivate top talent while maintaining financial and regulatory compliance.
Day-to-day of the role:
- Manage the development, implementation, administration, and communication of compensation programs and projects in collaboration with Total Rewards, HR, Benefits, Payroll, and Finance teams.
- Oversee the annual compensation process in partnership with EMEA Business Unit Leaders, Finance, and HR teams, including planning, execution, and analysis.
- Design and manage salary structures, job evaluation systems, and pay-for-performance programs.
- Ensure compliance with local labour laws and regulations related to compensation and benefits.
- Collaborate with finance to develop budgets and forecast costs for total rewards programs.
- Maintain job architecture, job descriptions, skills, and compensation in partnership with divisional leaders, HR, and Talent Acquisition.
- Conduct compensation surveys, research, and analysis on market competitiveness, pay equity, and compensation trends.
- Manage relationships with external vendors and prepare monthly and ad-hoc reports and analysis.
Required Skills & Qualifications:
- 5-10 years’ experience in compensation and benefits management, focusing on EMEA & OSP regions.
- Experience in FMCG, high growth, or fast-paced companies.
- Strong understanding of multi-country compensation and benefits administration and regulations.
- Proficient in HRIS, preferably SAP SuccessFactors, and advanced Excel for data analysis.
- Experience with compensation benchmarking tools and benefits management platforms.
- Proven ability to manage confidential information with discretion.
- Excellent interpersonal, communication, problem-solving, and decision-making skills.
EMEA Compensation Manager employer: Reed
Contact Detail:
Reed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land EMEA Compensation Manager
✨Tip Number 1
Familiarize yourself with the specific compensation regulations and labor laws in the EMEA region. This knowledge will not only help you stand out during interviews but also demonstrate your commitment to compliance and understanding of the local market.
✨Tip Number 2
Network with professionals in the compensation and benefits field, especially those who have experience in FMCG or fast-paced environments. Engaging with industry peers can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Stay updated on the latest trends in compensation strategies and benchmarking tools. Being knowledgeable about current market practices will allow you to speak confidently about how you can contribute to the company's goals.
✨Tip Number 4
Prepare to discuss your experience with HRIS systems, particularly SAP SuccessFactors, and your proficiency in data analysis using Excel. Highlighting these skills will show that you are equipped to handle the technical aspects of the role effectively.
We think you need these skills to ace EMEA Compensation Manager
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the EMEA Compensation Manager position. Understand the key responsibilities and required skills, and think about how your experience aligns with these requirements.
Tailor Your CV: Customize your CV to highlight relevant experience in compensation and benefits management, especially within the EMEA region. Use specific examples that demonstrate your ability to design and manage compensation strategies.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention your understanding of the importance of compliance and market competitiveness in compensation strategies.
Highlight Relevant Skills: Make sure to emphasize your proficiency in HRIS systems, particularly SAP SuccessFactors, and your advanced Excel skills. These are crucial for data analysis and managing compensation programs effectively.
How to prepare for a job interview at Reed
✨Understand the Compensation Landscape
Make sure to familiarize yourself with the current compensation trends in the EMEA region. Be prepared to discuss how you would design competitive and equitable compensation strategies that align with the company's goals.
✨Showcase Your Analytical Skills
Since this role involves a lot of data analysis, be ready to demonstrate your proficiency in Excel and any HRIS systems you've used. Bring examples of how you've used data to inform compensation decisions in the past.
✨Highlight Your Collaborative Experience
This position requires working closely with various teams. Share specific examples of how you've successfully collaborated with HR, Finance, and other departments to implement compensation programs.
✨Prepare for Compliance Questions
Given the importance of compliance in this role, be prepared to discuss your knowledge of local labor laws and regulations. Highlight any experience you have in ensuring compliance within compensation and benefits management.
