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Global Compensation Strategist
2 months ago
Job Overview
As a Global Compensation Strategist, this position presents a remarkable opportunity to spearhead international compensation initiatives and play a pivotal role in shaping the compensation framework across diverse business units.
In this role, you will oversee comprehensive compensation programs, drive essential initiatives, and make a substantial impact within your initial year.
This position enables you to utilize your proficiency in merit increases, Annual Incentive Plans, and equity compensation while crafting innovative strategies to attract and retain premier talent.
You will collaborate with HR and business leaders to navigate complex scenarios, lead cross-functional projects, and refine the organization’s job architecture.
With an emphasis on analytics, compliance, and strategic alignment, this role provides a platform to demonstrate your capabilities in project management, leadership, and creative problem-solving.
This opportunity not only allows for career advancement but also offers the chance to mentor others and contribute to the overall success of a global entity.
Key Responsibilities:
- Oversee comprehensive compensation programs, including merit increases, Annual Incentive Plans (AIP), and equity compensation.
- Lead the annual merit and budget planning process, ensuring alignment with business goals and financial limitations.
- Conduct thorough analyses and develop detailed reports on salary ranges, pay equity, and other compensation metrics for leadership reviews.
- Design and implement innovative compensation strategies that attract, retain, and motivate top talent in a competitive landscape.
- Manage compensation projects from conception to execution, showcasing strong project management skills and collaborating with team members on various initiatives such as job architecture and grading systems.
- Partner with HR Business Partners and business leaders to address intricate compensation scenarios, providing creative solutions.
- Ensure adherence to relevant laws, regulations, and company policies concerning compensation.
- Lead cross-functional initiatives that integrate compensation strategies with overall talent management and business objectives.
Your Initial Year Objectives:
- Develop a thorough understanding of Veolia's organizational landscape, including business units, global operations, and strategic goals.
- Establish relationships within the HR team and with key business leaders globally to ensure effective collaboration and alignment of compensation strategies with business needs.
- Successfully navigate the entire merit cycle, including planning, budgeting, and execution, ensuring a seamless and equitable process across the organization.
- Mentor and develop direct reports, focusing on enhancing their skills and capabilities to improve the overall effectiveness of the compensation team.
Lead Analytical Projects, Including:
- Managing incentive accruals to ensure precise financial forecasting.
- Analyzing and reporting on cost synergies related to compensation.
- Assisting in the development and management of the merit budget process.
- Collaborating with the compensation program manager, HR, and business partners to refine the job architecture and job grading system, ensuring alignment with organizational needs and market practices.
- Implementing enhancements to compensation reporting and analytics, providing leadership with clear, actionable insights.