CBS - Talent - Compensation & Benefits Specialist
Job description
Key Responsibilities:
- Responsible for supporting the design, implementation and administration of Compensation and Benefits programs.
- Support the C&B Lead in program design and may lead on market and competitor analysis and on internal research to establish desired outcomes for the business.
- Support stakeholder engagement and communications and be a main point of contact for managing C&B enquiries.
- Manage or coordinate delivery of specific program and related operational activities - working closely with all those responsible for C&B delivery activities including payroll team and external consultants/vendors.
- By process
- Market benchmarking and analysis
- Support market benchmarking and analysis on competitiveness of C&B structure and practices against market data and best practices including liaising with external consultants/vendors and relevant parties on data input
- Manage data submission for annual salary surveys
- Pay structure
- Support in job evaluation and pay structures for new roles and career frameworks
- Annual budget, remuneration and benefits review
- Support the annual budget planning exercise on C&B’s budget proposals and work with relevant teams on data input
- Support semi-annual remuneration review including gathering relevant data input and business information, maintaining remuneration review worksheet templates and cost modeling.
- Manage reporting requirements
- Programs and projects
- Manage the day-to-day administration and issue resolution of C&B activities and ensure delivery of operational elements of C&B programs
- Participate in C&B-related projects and initiatives driven by region and global
- Contribute to continuous improvement initiatives
- Market benchmarking and analysis
Skills and Experience
- Good business acumen and commercial awareness
- Ability to influence and implement change
- Good communication skills
- Strong client focus with the ability to build constructive relationships and work virtually/ across borders with multiple stakeholders across the organisation at all levels
- Sound people management capabilities
- Expertise in the design, development, implementation, and administration of C&B programs and an understanding of how they fit within a wider Total Reward framework
- Experience in managing external vendors
- Experience of implementing the remuneration review process, coordinating with leadership (both talent and business) to ensure a successful cycle