Total Rewards Manager

I. CORE PURPOSE OF THE JOB
Full responsibility for the compensation budget and manages costs as the budget is not exceeded. Constantly work on increasing the awareness of the compensation agenda in the organization.
II. AREAS OF RESPONSIBILITY
Prepares the compensation and benefits budget, including the regular monitoring, reporting, and adjusting of the budget
Coordinates C&B processes like salary planning, bonus planning, new benefits introduction, etc.
Designs and develops compensation policies
Analyzes different components of the remuneration scheme in the organization and prepares reports about internal equity and external competitiveness.
Designs and develops different schemes for variable remuneration (incentive schemes for the sales functions, bonus schemes for the office)
Closely cooperates and manages the relationship with the external compensation consulting company
Leads and manages compensation projects for the entire organization
Participates as a team member in the strategic projects and initiatives
Design policies to close gaps in the compensation of employees (introducing the internal equity at affordable costs)
Trains line managers in the complex usage of different HR and Compensation policies
Advices top managers in taking difficult decisions in the area of compensation, benefits, and motivation of employees
Represent the organization at different HR conferences