Chief Compensation Strategist

Job Title: Chief Compensation Strategist

About Our Company:

Our organization is a leading provider of innovative technology solutions and services to clients across various industries worldwide. As we continue to expand our global presence, we are seeking a highly skilled and strategic Head of Total Rewards to lead and shape our compensation, benefits, and rewards strategy.

Job Overview:

The incumbent will be responsible for developing and executing a comprehensive global compensation and rewards strategy. This role will focus on establishing a standardized global compensation framework, driving differentiated rewards programs, and managing key aspects such as job architecture, compensation benchmarking, short-term incentive programs (STIPs), long-term incentive programs (LTIPs), and global benefits administration.

Key Responsibilities:

1. Compensation Strategy Development: Lead the design, development, and implementation of a global compensation framework and strategy, ensuring alignment with business goals and competitive market practices.
2. Rewards Program Management: Oversee the creation and continuous improvement of differentiated rewards programs, including short-term incentives (STIPs), long-term incentives (LTIPs), and executive compensation.
3. Job Architecture: Develop and implement a comprehensive job architecture model to ensure consistent and equitable job classifications, structures, and career progression paths across the organization.
4. Global Benchmarking: Conduct global compensation benchmarking to ensure the company remains competitive in attracting and retaining top talent in the IT services industry.
5. Compensation Surveys and Analysis: Lead the development of compensation surveys, cost models, and market analysis to ensure that compensation packages are aligned with global industry standards and company objectives.
6. Benefits Administration: Administer and manage global benefits programs, ensuring consistency and competitiveness across regions while aligning with employee needs and organizational goals.
7. Analytics and Insights: Provide detailed analytical support and insights for compensation planning, budgeting, and forecasting, including the preparation of costing models for compensation strategies.
8. Collaboration and Communication: Collaborate with senior leadership and HR teams to evaluate and recommend compensation solutions that enhance employee engagement, satisfaction, and performance.
9. Reporting and Dashboards: Develop, maintain, and update compensation-related reports and dashboards, providing actionable insights for leadership decision-making.
10. Communication and Compliance: Ensure compliance with all local, national, and international compensation regulations, and monitor any legislative changes that may impact compensation and benefits programs.

Required Skills and Qualifications:

• 7+ years of proven experience in a senior Total Rewards or Compensation and Benefits leadership role, preferably within a global IT services or technology company.
• Strong expertise in establishing and managing a global compensation framework, job architecture, and rewards strategy.
• In-depth experience with compensation benchmarking, STIPs, LTIPs, and executive compensation practices.
• Strong background in global benefits administration, including the design and management of benefits packages across different regions.
• Exceptional analytical skills, including experience in data modeling, statistical analysis, and advanced Excel functions (pivot tables, macros, complex formulas).
• Expertise in creating and presenting high-level PowerPoint presentations for executive audiences, with the ability to clearly communicate complex data and insights.
• Experience in developing compensation surveys and costing models, with the ability to provide strategic recommendations based on data-driven insights.
• Excellent understanding of market trends in compensation and benefits, particularly within the IT services industry.
• Strong communication and interpersonal skills, with the ability to work with cross-functional teams and present ideas persuasively to senior management.

Preferred Qualifications:

• Master's degree in Human Resources, Business Administration, or a related field.
• Relevant certifications in compensation, benefits, or total rewards (e.g., CCP, GRP) are highly desirable.
• Experience in implementing and managing global compensation tools and software.