
Compensation Strategist
2 days ago
Job Title: Compensation Strategist
About the RoleThis position is responsible for designing and implementing compensation programs that drive long-term changes in company offerings and policies. The successful candidate will oversee employee recognition and wellness modules, ensuring alignment with global best practices.
The ideal candidate will maintain market-competitive data through salary and benefit surveys, evaluate survey effectiveness, and analyze company compensation against market data.
- Key Responsibilities:
- Develop complex compensation programs that optimize budget utilization and promote a competitive talent landscape.
- Update total rewards strategies to stay competitive in a dynamic market.
- Resolve rewards-related queries and provide recommendations for complex situations.
- Administer market pricing tools and participate in remuneration surveys as a key representative.
- Collaborate with internal stakeholders to gather feedback on Total Rewards initiatives.
- Improve and innovate the Recognition framework and wellness programs based on global best practices.
- Manage the Wellness Framework to promote employee engagement and holistic well-being.
- Brainstorm and implement up-to-date recognition and wellness interventions.
- Review and improve people policies quarterly with market insights, ensuring simplicity and effectiveness.
- Provide a rewarding employee experience through targeted rewards strategies.
- Develop and update the sales compensation governance model in coordination with stakeholders.
- Simplify policies related to incentive payouts and ensure compliance.
- Prepare monthly analytical reports for senior management visibility.
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