At a Glance
- Tasks: Manage and execute compensation programs, ensuring alignment with business objectives and competitive practices.
- Company: Join IQVIA, a global leader in clinical research and healthcare intelligence.
- Benefits: Enjoy a competitive salary, health benefits, and opportunities for professional growth.
- Why this job: Make a real impact on employee wellbeing and compensation strategies in a dynamic environment.
- Qualifications: Bachelor's degree and 4 years of experience in compensation plan design and analysis.
- Other info: Collaborative culture with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
RESPONSIBILITIES
- Provide compensation program management and execution including but not limited to: base pay and variable administration, year-end performance and pay management/processing.
- 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.
- Research, analyse and measure compensation solutions to ensure alignment to business objectives and competitiveness of pay and benefits practices.
- 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.
- Lead market data analyses projects and provide recommendations for pay levels and salary structures in EMEA Region to remain competitive and consistent with corporate pay philosophy.
- Participate in compensation and benefits surveys and ensure competitive pay and benefits practices are maintained.
- Develop/support and conduct compensation and benefits training programs to familiarise managers and other employees with key elements of the company's compensation, benefits and wellbeing programmes.
- Evaluate programs, keep abreast of local legislation, trends, advances and/or new technology and make recommendations for changes and improvements.
- Partner with HRBP and Corporate Compensation teams to ensure continuous improvement of process and technology in support of compensation programs.
- 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.
- Consult to HRBPs and business leaders regarding compensation and benefits related issues and develop solutions to meet specific needs within their organization.
- Support job evaluation processes.
- Maintain a working knowledge of EMEA legislation that may affect compensation and benefits policies.
- Participate in special projects as assigned, including executive compensation analysis and M&A activities.
- Support any international mobility administration processes for EMEA.
KNOWLEDGE & EXPERIENCE
- Bachelor's Degree in Business, HR or equivalent.
- Minimum of 4 years’ experience focusing in compensation plan design, job analysis, market pricing, incentives preferably in EMEA.
- Previous experience managing compensation programs, international experience preferred.
- Experience working in a team-oriented, fast-paced environment.
- Expert knowledge in compensation design, application and theory to include knowledge of regulatory compliance standards for countries in EMEA Regions.
- Excellent analytical and organisation skills with the ability to work independently and interact effectively with all levels of management.
- Ability to manage to deadlines and multiple priorities, work under pressure and handle confidential information appropriately.
- Ability to obtain, present and discuss information and recommendations that may be controversial in nature.
- Capable of leading or influencing processes and decision making at a senior level.
- Project management skills, with the ability to prioritise and manage multiple assignments in a fast-paced environment.
- Excellent analytical skills, expert in Excel and knowledgeable in all MS Office products.
- Workday experience a plus.
- Strong written, verbal and presentation skills, strong analytical and computer skills.
- 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.
Compensation/Benefits Mgr in Reading employer: IQVIA
Contact Detail:
IQVIA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation/Benefits Mgr in Reading
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its compensation practices. We recommend practising common interview questions and even role-playing with a friend. The more prepared you are, the more confident you’ll feel when it’s time to shine!
✨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you’ve used data to drive decisions in past roles. We want to see how you can bring value to the team, so have some examples up your sleeve that highlight your expertise in compensation and benefits.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us. Let’s get you on board!
We think you need these skills to ace Compensation/Benefits Mgr in Reading
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Compensation/Benefits Manager. Highlight your experience in compensation plan design and any relevant projects you've led. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compensation and benefits, and how your background makes you a perfect fit for our team. Keep it engaging and personal!
Show Off Your Analytical Skills: Since this role involves a lot of analysis, make sure to showcase your analytical skills in your application. Mention specific tools or methods you've used in past roles to analyse compensation data or market trends.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at IQVIA
✨Know Your Numbers
As a Compensation/Benefits Manager, you'll need to be comfortable with data. Brush up on your analytical skills and be ready to discuss how you've used data to influence compensation strategies in the past. Prepare examples of market analyses you've conducted and how they impacted pay structures.
✨Understand the EMEA Landscape
Familiarise yourself with the specific compensation and benefits trends in the EMEA region. Research local legislation and competitive practices to show that you’re not just knowledgeable but also proactive about staying updated. This will demonstrate your commitment to aligning compensation strategies with business objectives.
✨Prepare for Scenario Questions
Expect questions that require you to think on your feet. Prepare for scenarios where you might need to resolve conflicts or make recommendations regarding controversial compensation issues. Practising these responses can help you articulate your thought process clearly during the interview.
✨Showcase Your Communication Skills
Since the role involves educating and communicating with various stakeholders, be prepared to showcase your presentation skills. Think of examples where you've successfully led training sessions or communicated complex compensation concepts to non-experts. This will highlight your ability to engage and inform others effectively.