Compensation and Benefits Manager

Role:

  • The role is to lead the design, development, communication, implementation, and administration of
    the organization’s benefit, compensation and incentives plans;
  • The C&B Manager is responsible for aligning reward systems with business goals and enhancing the
    organization’s ability to attract, retain, and reward high performing employees;
  • Responsible for ensuring that company compensation programs are consistently administered in
    compliance with company policies and government regulations;
  • Serve as a subject matter expert and a point of contact to HR business partners and the management
    team.

Responsibilities:

40% Compensation &Benefits strategy and policies

  • Manage and implement the total compensation strategy assuring the company’s alignment with the
    broader HR principles and considering local market specifics;
  • Analyzes company compensation policies in relation to similar jobs in comparable industries or
    geographic areas, and recommend changes as appropriate to establish and maintain competitive pay
    rates and ensure equity;
  • Perform benchmarking of employees' compensation against relevant surveys in the region and
    propose appropriate actions;
  • Collaborate with benefit providers to properly structure the various benefit plans including medical,
    life and travel insurance, sport, etc.
  • Manage compensation & benefits team and daily operations related to compensation and benefits activities;

40% Budget management

  • Employment cost budget management;
  • Propose and allocate appropriate budgets for the various C&B processes (salary review, variable pay, equity grants);
  • Drive and support the year-end compensation process, ensuring consistent and fair decisions is made
    in the promotion, bonus and salary increase processes;
  • Develops pay systems that are industry competitive and enable management to focus on and reward
    individual performance;
  • Develops incentives scheme for the sales force in strong cooperation with the finance department
    who is involved in targeting settings.
  • Coordinate and implement recognition programs across the business
  • Coordinate implementation and provide guidance to corporate staff on pay decisions, policy and job
    evaluation;
  • Preparing budgets, reports, and presentations

20% Compliance

  • Ensure all comp&ben programs, policies, and procedures comply with current legislation and are
    aligned with IPF group policies and procedures;
  • Compare and evaluate present and potential compensation and benefit programs through research, surveys, and analysis of trends and regulations to ensure plans are current, competitive, legal, and strategically aligned;

Requirements:

  • Strong expertise on reward and benefits, job grading, performance and bonus systems, salaries survey;
  • Strong communication skills (both in English and Romanian), including the ability to speak and write clearly, succinctly and persuasively for a variety of audiences;
  • Excellent interpersonal and relationship-building skills including the ability to persuade others, tact and diplomacy;
  • Business acumen, drive for results and integrity.

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