At a Glance
- Tasks: Manage compensation programs and ensure competitive pay practices across the EMEA region.
- Company: Join IQVIA, a global leader in clinical research and healthcare intelligence.
- Benefits: Enjoy flexible working options and opportunities for professional development.
- Why this job: Make a real impact on employee wellbeing while working in a dynamic, fast-paced environment.
- Qualifications: Bachelor's degree and 4 years of experience in compensation management required.
- Other info: This is a maternity leave cover role for 9 months, offering valuable industry experience.
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. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.
β¨Tip Number 2
Network with professionals in the compensation and benefits field, particularly those who have experience in EMEA. Engaging in conversations can provide insights into the role and may even lead to referrals or recommendations.
β¨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compensation programs or conducted market analyses in previous roles. Being able to articulate your experience clearly will set you apart from other candidates.
β¨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to influence compensation decisions. Highlighting your ability to derive actionable insights from complex data will resonate well with hiring managers.
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 that demonstrate your expertise in these areas, especially within the EMEA region.
Craft a Compelling Cover Letter: In your cover letter, address how your background aligns with the responsibilities outlined in the job description. Emphasise your analytical skills and experience in managing compensation programs, and mention any international experience you have.
Showcase Your Analytical Skills: Since the role requires excellent analytical skills, consider including a brief section in your application that outlines specific projects or analyses you've conducted in the past. Highlight your proficiency in Excel and any relevant software like Workday.
Highlight Communication Abilities: Given the importance of communication in this role, ensure you provide examples of how you've effectively communicated complex compensation concepts to various stakeholders. This could be through training sessions or presentations you've led.
How to prepare for a job interview at IQVIA
β¨Know Your Compensation Fundamentals
Make sure you have a solid understanding of compensation structures, including base pay, variable pay, and benefits. Be prepared to discuss how these elements align with business objectives and how you can contribute to maintaining competitive pay practices.
β¨Showcase Analytical Skills
Since the role involves complex analysis and market data projects, be ready to demonstrate your analytical skills. Bring examples of past analyses you've conducted and how they influenced compensation strategies or decisions.
β¨Familiarise Yourself with EMEA Legislation
Understanding local legislation affecting compensation and benefits is crucial. Brush up on relevant laws and regulations in the EMEA region, and be prepared to discuss how you would ensure compliance in your role.
β¨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities in real-world scenarios. Think about past experiences where you resolved compensation-related issues or improved processes, and be ready to share those stories.