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Compensation Analyst
3 months ago
Position Summary:
The Analyst, Compensation is a highly skilled individual contributor that will review, analyze, and administer the global compensation programs at Fresh Del Monte Produce. This incumbent will serve as a consultant by guiding and collaborating with our HR business partners, subject matter experts, and other business leaders to ensure that all existing compensation programs are thoroughly implemented.
This role will also administer and support global executive compensation, special projects, and other key initiatives, such as preparation of materials for the Compensation Committee of the Board of Directors.
Responsibilities:
Provide ongoing support on compensation related topics and serve as point of contact and subject matter expert
Ensure all compensation programs are legally adhered to new and existing regulations (at local, country, and regional level)
Ensure the global job architecture is thoroughly implemented consistently for each region
Help prepare documents for external reporting (including but not limited to: Form 4 filings with the Securities & Exchange Commission, quarterly financial releases, and the annual Proxy Statement)
Work in tandem with finance, investor relations, payroll and internal audit to ensure all stock transactions reports are properly done and documented (reconciled)
Support the review, design, forecasting, and ongoing administration of short-term and long-term incentive programs globally (Executive incentive programs, general incentive plan, and local sales incentive programs)
Administer the annual pay planning process globally by gathering the information, preparing detailed spreadsheets, and leading the collection process for global review/approval
Request, collect, and consolidate headcount reports globally to support the executive review process
Maintain and update records in the stock administration software - E*TRADE
Support the administration of global mobility and maintain records of the expatriate population
Conduct compensation analyses to identify headcount changes, compensation trends, and incentive forecasts
Seek innovative solutions and best practices that can be easily implemented at very minimal to no cost and that can improve employee experience
Participate in salary and labor market surveys to determine prevailing pay rates and benefits
In conjunction with the SVP - Chief HR Officer and the Director - Global Total Rewards, support the regional HR Business Partners with key region/global HR initiatives and special projects
Minimum Skills Required:
Bachelor’s degree from an accredited institution in a related field (Business Administration, Finance, Economics, or any other related)
2 to 4 years of previous experience administering compensation programs
Strong analytical capabilities, familiarity with broader underlying concepts, and ability to communicate with business partners to resolve complex problems and recommend or produce best solutions for their client
Analytical and quantitative skills and a track record for planning, doing, and auditing work
Ability to work as a team player and influence cross divisional teams
High proficiency in MS office (i.e. Word, Excel, Access, PowerPoint and Outlook, etc.)
Ability to maintain a high level of confidentiality and professionalism
Speaking other languages (in addition to English) is a plus