At a Glance
- Tasks: Manage compensation programs and ensure competitive pay practices for IQVIA employees in EMEA.
- Company: IQVIA is a global leader in clinical research and healthcare intelligence.
- Benefits: Enjoy flexible working options and corporate perks while making a real impact.
- Why this job: Join a dynamic team, enhance your skills, and contribute to meaningful healthcare advancements.
- Qualifications: Bachelor's degree and 4 years of experience in compensation plan design required.
- Other info: This is a maternity leave cover role for 9 months with potential for growth.
The predicted salary is between 48000 - 72000 Β£ per year.
RESPONSIBILITIES
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Provide compensation program management and execution including but not limited to: base pay and variable administration, year-end performance and pay management/processing,
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Responsible for the delivery, education and communication of the annual and off-cycle compensation planning processes for IQVIA employees working in the EMEA Business Unit.
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Research, analyse and measure compensation solutions to ensure alignment to business objectives and competitiveness of pay and benefits practices.
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Conduct complex analysis in support of talent management objectives and for reporting and costing purposes to ensure programs are affordable to the company and provide maximum ROI.
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Lead market data analyses projects and provides recommendations for pay levels and salary structures in EMEA Region to remain competitive and consistent with corporate pay philosophy.
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Participate in compensation and benefits surveys and ensure competitive pay and benefits practices are maintained.
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Develop/support and conduct compensation and benefits training programs to familiarize managers and other employees with key elements of the company\βs compensation, benefits and wellbeing programmes.
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Evaluate programs, keep abreast of local legislation, trends, advances and/or new technology and make recommendations for changes and improvements.
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Partner with HRBP and Corporate Compensation teams to ensure continuous improvement of process and technology in support of compensation programs
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Provide professional consultation and guidance to managers and HR Business Partners in the EMEA RBU by resolving questions and making recommendations to resolve outstanding issues related to salary programmes
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Provide professional consultation and guidance to managers and HR Business Partners in the EMEA Region by resolving questions and making recommendations to resolve outstanding issues related to benefits and wellbeing programmes
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Consult to HRBPs and business leaders regarding compensation and benefits related issues and develop solutions to meet specific needs within their organization.
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Support job evaluation processes.
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Maintain a working knowledge of EMEA legislation that may affect compensation and benefits policies.
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Participate in special projects as assigned, including executive compensation analysis and M&A activities.
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Support any international mobility administration processes for EMEA
KNOWLEDGE & EXPERIENCE
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Bachelor\βs Degree in Business, HR or equivalent.
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Minimum of 4 yearsβ experience focusing in compensation plan design, job analysis, market pricing, incentives preferably in EMEA
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Previous experience managing compensation programs, international experience preferred
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Experience working in a team-oriented, fast-paced environment
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Expert knowledge in compensation design, application and theory to include knowledge of regulatory compliance standards for countries in EMEA Regions
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Excellent analytical and organization skills with the ability to work independently and interact effectively with all levels of management
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Ability to manage to deadlines and multiple priorities work under pressure and handle confidential information appropriately
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Ability to obtain, present and discuss information and recommendations that may be controversial in nature
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Capable of leading or influencing processes and decision making at a senior level.
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Project management skills, with the ability to prioritize and manage multiple assignments in a fast-paced environment.
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Excellent analytical skills, expert in excel and knowledgeable in all MS Office products. Workday experience a plus.
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Strong written, verbal and presentation skills, strong analytical and computer skills
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Demonstrated attention to detail
IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide . Learn more at https://jobs.iqvia.com
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Compensation/Benefits Mgr, maternity leave cover for 9 months employer: IQVIA
Contact Detail:
IQVIA Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Compensation/Benefits Mgr, maternity leave cover for 9 months
β¨Tip Number 1
Familiarise yourself with the latest trends in compensation and benefits, especially within the EMEA region. Understanding local legislation and market practices will not only help you in interviews but also demonstrate your commitment to staying updated in this field.
β¨Tip Number 2
Network with professionals in the compensation and benefits sector. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at companies like IQVIA.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compensation programs or conducted market analyses in your previous roles. Being able to articulate your experience clearly will set you apart during the interview process.
β¨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to influence compensation decisions. Highlighting your proficiency in tools like Excel and any experience with Workday will be beneficial in demonstrating your technical capabilities.
We think you need these skills to ace Compensation/Benefits Mgr, maternity leave cover for 9 months
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant experience in compensation plan design, job analysis, and market pricing. Use specific examples from your previous roles that demonstrate your expertise in these areas.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience in managing compensation programs and your analytical skills.
Showcase Analytical Skills: Given the emphasis on analytical skills in the job description, include specific instances where you conducted complex analyses or led market data projects. Highlight any tools or software you used, such as Excel or Workday.
Highlight Communication Abilities: Since the role involves educating and communicating compensation processes, provide examples of how you've successfully communicated complex information to various stakeholders in the past. This could include training sessions or presentations you've led.
How to prepare for a job interview at IQVIA
β¨Know Your Compensation Fundamentals
Brush up on your knowledge of compensation structures, pay equity, and benefits practices. Be prepared to discuss how these elements align with business objectives and how you can contribute to maintaining competitive pay in the EMEA region.
β¨Showcase Analytical Skills
Since the role involves complex analysis and market data projects, be ready to demonstrate your analytical skills. Prepare examples of past analyses you've conducted and how they influenced decision-making or improved processes.
β¨Familiarise Yourself with Local Legislation
Understanding local legislation affecting compensation and benefits is crucial. Research relevant laws in the EMEA region and be prepared to discuss how you would ensure compliance while recommending improvements.
β¨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think of situations where you had to resolve compensation-related issues or lead a project, and be ready to explain your thought process and outcomes.