Compensation Transformation Lead

2 days ago

Abbottabad Tehsil, Pakistan beBee Careers Full time

Compensation Design and Incentives Transformation Lead

This pivotal role will optimize the design of compensation structures for efficiency and fairness while ensuring alignment with industry standards.

The successful candidate will collaborate across the organization to refine our compensation design and practices, improve data accuracy, lead the automation of our incentive processes and manage the integration of acquired companies.

Key Responsibilities:
  • Create and Oversee Pay Component Catalogue: Develop a catalogue of pay components based on internal and external factors, positioning it as the source of reliable truth for automated processes.
  • Enhance Data Accuracy and Reliability: Lead initiatives to enhance data accuracy and reliability, adhering to best practices in data quality management and governance.
  • Simplify and Digitize STV and SIP Target-Setting Processes: Simplify and digitize the Short-Term Variable (STV) and Sales Incentive Plans (SIP) target-setting processes, strengthening the connection between performance metrics and behaviors to drive business outcomes.
  • Automate Payout Processes: Automate the payout processes for STV and SIP with focus on increasing productivity through streamlined operations.
  • Manage Integration of Acquired Companies: Manage the integration of acquired companies into our Compensation frameworks and solutions.
  • Stay Informed about Industry Practices: Stay informed about industry practices and trends, providing insights and guidance to ensure we remain at the forefront of compensation design, data quality management and Short-Term Incentive practices.
Your Skills and Experience:
  • Extensive Experience in Compensation and Reward Practices: Proven track record in designing and implementing innovative reward strategies and solutions that align with organizational goals and streamline operations.
  • Leadership and Change Management: Ability to lead and inspire change, convey technical information to non-technical collaborators to drive consensus and provide direction as a hands-on SME.
  • Project Management: Strong project management skills, with the ability to prioritize, plan, and manage multiple complex projects effectively.
  • Excellent Communication Skills: Excellent communication skills to convey complex information clearly to diverse audiences and collaborate with stakeholders at all levels.
About Our Role:

We offer a unique opportunity to use your skills and imagination to push the boundaries of what's possible. You'll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.

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