Compensation and Benefits Mgr - Bedfordshire, England - 23 Nov 2008

Compensation and Benefits Manager 

http://www.changeboard.com/career_details.asp?jobID=169021

With
more than 20 years experience and over 7,000 customers, my client is
the leading European-based global provider of end-to-end business
solutions for the extended retail marketplace.  The role is to
ensure that the salary budget is used to reward and retain the best
employees and drive behaviours that support the business in the
achievement of its goals.  Develop and maintain a benefits program that
allows the business to attract and retain high calibre employees.

Develop a bench marking process for salaries by participation in salary surveys

Design and implements compensation plan templates in May/June for financial year starting 1 July. 

1.  Work with local HR and works councils to ensure compensation
plans are translated where necessary and agreed with works councils,
again where necessary, ready for implementation in July.

2. Complete and distribute compensation plans and ensure return within timescales set.

3. Distribute MBO sheets at start of each quarter.

4. Sign off bonuses to confirm compensation plan is in place.

5. Manage the buy back process of compensation plans in line with compensation philosophy.

6. Work closely with Sales to ensure base salaries and bonus levels are driving the right behaviours.

7. Work with support to put in place a grading structure to drive superior performance and maximise retention of good staff.

8. Work with other departments to ensure salary grading scales are put into place where appropriate.

9. Assist Global VP in assessing Executive Compensation and preparing board papers for the Compensation committee.

10.  Manage the UK benefits platform including working with Mercer
to negotiate updated contracts with benefit providers as required. 
Advise other countries, especially US, on benefits renewals.

11. Support to our UK Pension Schemes including likely closure of remaining trustee based arrangements.

The ideal candidate to have worked at Mercer, Hewitt etc as a
compensation advisor.  Developed and implemented compensation plans. 
Worked in a High Tech, US led, environment.