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ITL UK
London, United Kingdom
(on-site)
Posted
14 hours ago
ITL UK
London, United Kingdom
(on-site)
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Other
Job Function
Other
Practice Lead - Compensation and Benefits
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Practice Lead - Compensation and Benefits
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Role: Practice Lead - Compensation and BenefitsLocation : London, United Kingdom
Role responsibilities :
- Design compensation structures/models, allowances, salary ranges, long & short term incentive programs, policy formulation across multiple European countries for employees hired locally and expats deputed/seconded to these countries.
- Budgeting, financial impact analysis and scenario planning to evaluate optimal solutions and implementation plans; focus on digitization for improved program implementation
- Provide C&B support for any union/CBA/Worker Council negotiations in the region
- Refine market intelligence data to periodically benchmark compensation programs/processes in scope and recommend enhancements to improve their competitiveness.
- Ensure that compensation practices are in compliance with current legislation
- Design and deployment of various compensation programs to drive organizational performance through world-class practices of governance and employee experience
- Large change/program management including those that affect the larger organization and drive business value
- Lead key/strategic initiatives within the Practice
- Drive the C&B agenda for any mergers and acquisitions or other transition deals in the region
- Independently resolve escalated compensation issues and recommend optimal solutions for issues with high complexity.
- Develop and report metrics related to effectiveness of managed compensation programs / processes.
- Engage with internal stakeholders and user groups to solicit actionable feedback on programs and recommend design improvements.
- Develop targeted education programs and communication material on compensation offerings.
- Benefits management for the region including benefits benchmarking, benefit implementation and execution, benefits administration management, vendor management and compliance adherence.
- The role will also include managing a team of junior resources supporting the Europe region.
Qualifications:
- 9-12 years' experience in core compensation and benefit areas of organization(s) with multi-country operations and/or consulting experience in total rewards.
- Strong analytical and quantitative skills to work with complex data with an emphasis on accuracy. High proficiency in operating with spreadsheets and databases.
- Have an eye for detail yet understand the larger context to recommend solutions factoring multiple variables.
- Ability to engage with multiple internal and external stakeholders to realize shared objectives.
- Can take responsibility and operate independently in a fast-paced environment.
Skills:
- Compensation structure , design and modelling
- Executive remuneration
- Bonus and Incentive plans
- Allowances design
- Structuring hiring and expat grids
- Compensation budgeting
- HR due diligence
- Mergers and acquisitions
- Compensation and benefits harmonization
- Vendor and stakeholder management
About Infosys
Infosys is a global leader in next-generation digital services and consulting. We enable clients in 59 countries to navigate their digital transformation.
With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, in 59 countries, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
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All aspects of the hiring process and employment at Infosys are based on merit, competence and performance. We are committed to embracing diversity and creating an inclusive environment for all employees. Infosys is proud to be an equal opportunity employer.
All aspects of the hiring process and employment at Infosys are based on merit, competence and performance. We are committed to embracing diversity and creating an inclusive environment for all employees. Infosys is proud to be an equal opportunity employer.
Job ID: 84934216
Please refer to the company's website or job descriptions to learn more about them.
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