Strategic Compensation Specialist

2 weeks ago


Karachi, Sindh, Pakistan beBeeCompensation Full time

We are seeking a highly skilled Senior Manager to join our team. In this role, you will be responsible for developing and implementing compensation strategies that drive business results.

Job Description

The ideal candidate will have at least 10 years of experience in compensation and benefits field in HR domain, preferably in a consulting company with exposure to multinational working environment.

You will work closely with the Director, Rewards & People Analytics to develop base and variable pay structures, incentives and bonus programs, and benefits programs and administrative guidelines.

This includes short-term incentives, long-term incentives, and sales compensation. You will also ensure market competitiveness for pay in order to attract and retain top talent.

  • Develop rewards strategy and programs that align with our employee value proposition (EVP) to support attraction, retention, and engagement of employees, and organizational objectives
  • Design and execute foundational rewards such as base pay throughout the organization consistently in support of our people strategy
  • Evaluate pay equity across the organization in designed pay programs
  • Analyze compensation data to identify trends, anomalies, and opportunities for enhancing compensation programs
  • Establish an effective linkage between employee performance and reward by designing and executing performance-related reward programs (bonus and commission programs)
Responsibilities
  • Align reward strategy with EVP to support attraction, retention, and engagement of employees, and organizational objectives
  • Ensure effective design and execution of foundational rewards such as base pay throughout the organization consistently in support of our people strategy
  • Ensure pay equity across the organization in designed pay programs
  • Ensure market competitiveness for pay in order to attract and retain top talent
  • Establish an effective linkage between employee performance and reward by designing and executing performance-related reward programs (bonus and commission programs)

You will also contribute to workforce planning and headcount budgeting process in terms of measurement and analysis of people costs, build and review compensation and benefits policies, procedures and assist in the operational delivery of day-to-day reward management activities, such as cost estimations, role pay grade assessments, market benchmarking, and salary recommendations.

As a Senior Manager, you will provide advice and guidance on rewards strategy and programs to line leaders and to the HR team.

You will also establish user-friendly systems & technological tools to manage rewards automatically and without error.

In addition, you will be expected to adapt to changing environments and demonstrate high analytical thinking and problem-solving capabilities.

Requirements
  • At least 10 years of experience in compensation and benefits field in HR domain, preferably in a consulting company with exposure to multinational working environment
  • Experience in financial budgeting and planning field is a plus
  • Effective planning and project management skills and process development knowledge
  • The ability to develop quick rapport and functional relationships with a culturally diverse, global team
  • Proven ability to influence and lead cross-functional teams without formal authority
  • Exceptional written, verbal, and interpersonal communication skills.
  • A passion for people and an aptitude to maintain a positive tone in a highly demanding work environment
  • Excellent teamwork
  • High motivation and energy key to ensuring success in this role
  • High analytical thinking and problem-solving capabilities
  • High level of quantitative skills required for the role; candidates should be comfortable working with numbers and discussing statistics
  • Adaptable to changing environments
What We Offer
  • A competitive compensation package
  • A dynamic and collaborative work environment
  • Opportunities for professional growth and development


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