Vacancy title:
Compensation and Benefits Lead
Jobs at:
ENGIE Energy AccessDeadline of this Job:
Wednesday, December 06 2023
Summary
Date Posted: Wednesday, November 22 2023, Base Salary: Not Disclosed
JOB DETAILS:
Job Purpose/Mission
This role is responsible for the design and development of the compensation and benefits/reward structures and related guidelines for EEA. To ensure a holistic approach to EVP development which includes non-monetary benefits across the organisation taking into account country nuances, manage employee wellness and continuously work on strategies to improve Employee experience. This role will assist in creating the HR overall strategy, pay philosophy and approach to employee offerings.
Responsibilities
• Develop strategies and guardrails regarding compensation and benefits for implementation by the HR Country Leads.
• Responsible for development and improvement of short, medium and long-term incentive schemes for key skills within the organization
• Conducting market research and analysis on best practice compensation and benefit structures
• Conduct market research on benefits plans to gain an understanding of local and global leading practice
• Document findings and prepare a benchmarking report for the Remuneration Committee (RemCo)
• Integral member of the RemCo
• Design and develop a reward and benefit plan and obtain the required approvals
• Update of policies, processes and guidelines regarding compensation and benefits Drive annual medical insurance renewals to ensure cost effectiveness and a consistent employee experience
• Prepare annual salary review and bonus guidelines and communicate to Remco, Head of People and Culture and HR Country Leads
• Manage the annual salary and bonus review cycle (end to end) for hand-off to payroll
• Ensure annual salary review and bonus cycle is managed within affordability guidelines set by Finance
• Provide Talent Acquisition Team with the generation of employee salary packages to ensure alignment with market and internal pay equity
• Provide salary guidance for promotion cases
• Conduct ongoing research to identify changes in the compensation, benefits and reward landscape (country specific) to ensure adherence to labour law (country specific)
• Consult with Country HR Leads on the implementation and alignment of reward and benefit program
• Support Country HR Leads to resolve escalated employee queries regarding rewards and benefits Adhere to benefits service level agreements and quality standards
• Build and maintain relationships with third party benefit and salary survey vendors
• Identify suitable benefit and reward packages that are aligned to leading practice for Organisations similar to EEA
• Align with Group pay rules
• Develop and grow the compensation and benefits capability within EEA
• Process benefits vendor invoices for payment.
• Lead the EEA employee wellness program as part of the EVP in collaboration with the In Country HR Leads
• Explore all non-monetary benefits that can help build and enhance the EVP without adding any costs to EEA .
• Lead a team of 2 Compensation and Benefits Analysists
Requirements:
Knowledge and Experience:
• 5-7 years of HR compensation and benefits experience
• Job evaluation methodology
• Compiling and managing expenditure budgets
• Analytical, statistical and qualitative skills
• Knowledge of compensation and benefits practices
• Advanced computer skills
• Knowledge of the local and international labour law
• Deep rewards and benefits knowledge and proven expertise
• Strategic thinking
• Design thinking
• Business and global acumen
• Ability to work under pressure
• Ability to work independently
• Be solutions focused
• Able to operate in an environment with high levels of ambiguity
• Good interpersonal and communication skills
• Meticulous attention to details
• Tenacious
• Resilient
Qualifications:
• BSc in Human Resources Management, Organizational Psychology, Finance or relevant field
• Professional Membership of a Remuneration Body/Association highly advantageous
Language(s):
• English
• Good conversational French is a plus
Technology:
• Advanced computer skills
• Hands-on experience with HRIS or related payroll software systems
Work Hours: 8
Experience in Months: 60
Level of Education: Bachelor Degree
Job application procedure
Interested and Qualified? Click here to apply
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