Global Compensation Strategist
7 days ago
At Creation Technologies, we believe in fostering a work environment where individuals are passionate about their roles. We strive to bring passion and customer focus to the business.
Global Compensation StrategistThe Global Compensation Strategist is a senior leadership position within an organization responsible for designing, implementing, and managing global compensation programs. This role focuses on developing strategies to attract, motivate, and retain top talent by providing competitive total rewards packages.
About the Role:- Strategy Development: Develop and execute a comprehensive global compensation strategy that aligns with the organization's overall business goals and objectives. This includes designing and implementing fair, competitive, and compliant compensation programs globally.
- Compensation Planning: Oversee the development and implementation of global compensation programs, including base salary structures, annual merit increase processes, variable pay plans, and executive compensation packages. Ensure compliance with applicable laws and regulations across multiple countries.
- Benefits Administration: Manage global employee benefits programs, including health insurance, retirement plans, wellness programs, and other fringe benefits. Evaluate and select benefit providers, negotiate contracts, and monitor the effectiveness of benefits offerings.
- Job Evaluation and Classification: Lead the development and maintenance of global job evaluation and classification systems to ensure equitable and consistent job levels, salary grades, and compensation bands across different countries and cultures.
- Regulatory Compliance: Stay up to date with relevant employment laws, regulations, and industry trends related to compensation and benefits in multiple countries. Ensure compliance with applicable laws and regulations such as the Fair Labor Standards Act (FLSA) and other country-specific legislation.
- Data Analysis and Reporting: Utilize data analytics and reporting tools to assess the effectiveness of compensation and benefits programs globally. Analyze market trends, employee feedback, and performance metrics to make data-driven recommendations.
- Communication and Education: Develop effective communication strategies to educate employees globally on the organization's total rewards programs. Provide guidance and support to HR and management teams in communicating compensation and benefits-related information.
- Vendor Management: Oversee relationships with external vendors, such as benefits providers, compensation consultants, and technology vendors, on a global scale.
Salary Range: $120,000 - $180,000 per year
This role offers a competitive salary, excellent benefits package, and opportunities for professional growth and development.
We are an equal opportunity/affirmative action employer and welcome applications from diverse candidates.
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