Compensation / Benefits Mgr

IQVIA; Reading; On-site; GBP 45,000 - 60,000; Full time

Job summary

A global healthcare company located in Reading, UK, seeks a Compensation Analyst to manage and execute compensation programs. This role involves conducting analysis, providing guidance to managers, and developing training programs regarding compensation and benefits. The ideal candidate will have a Bachelor's degree in Business/HR and a minimum of 4 years of experience in compensation plan design and management. Strong analytical skills and project management experience are essential. Join a leader in healthcare to make an impact in patient outcomes and overall health.

Qualifications

• Minimum of 4 years experience in compensation plan design.
• Prior experience managing compensation programs preferred.
• Expert knowledge in compensation design and compliance standards.

Responsibilities

• Manage and execute compensation program management.
• Conduct analysis in support of talent management objectives.
• Provide consultation for managers and HR Business Partners.

Skills

Compensation plan design

Job analysis

Market pricing

Analytical skills

Project management

Communication skills

Education

Bachelor's Degree in Business, HR or equivalent

Tools

Microsoft Excel

MS Office products

Workday

Job description

RESPONSIBILITIES

• Provide compensation program management and execution including but not limited to: base pay and variable administration, year-end performance and pay management/processing,
• Responsible for the delivery, education and communication of the annual and off-cycle compensation planning processes for IQVIA employees working in the EMEA Business Unit.
• Research, analyse and measure compensation solutions to ensure alignment to business objectives and competitiveness of pay and benefits practices.
• Conduct complex analysis in support of talent management objectives and for reporting and costing purposes to ensure programs are affordable to the company and provide maximum ROI.
• Lead market data analyses projects and provides recommendations for pay levels and salary structures in EMEA Region to remain competitive and consistent with corporate pay philosophy.
• Participate in compensation and benefits surveys and ensure competitive pay and benefits practices are maintained.
• Develop/support and conduct compensation and benefits training programs to familiarize managers and other employees with key elements of the company's compensation, benefits and wellbeing programmes.
• Evaluate programs, keep abreast of local legislation, trends, advances and/or new technology and make recommendations for changes and improvements.
• Partner with HRBP and Corporate Compensation teams to ensure continuous improvement of process and technology in support of compensation programs
• Provide professional consultation and guidance to managers and HR Business Partners in the EMEA RBU by resolving questions and making recommendations to resolve outstanding issues related to salary programmes
• Provide professional consultation and guidance to managers and HR Business Partners in the EMEA Region by resolving questions and making recommendations to resolve outstanding issues related to benefits and wellbeing programmes
• Consult to HRBPs and business leaders regarding compensation and benefits related issues and develop solutions to meet specific needs within their organization.
• Support job evaluation processes.
• Maintain a working knowledge of EMEA legislation that may affect compensation and benefits policies.
• Participate in special projects as assigned, including executive compensation analysis and M&A activities.
• Support any international mobility administration processes for EMEA

KNOWLEDGE & EXPERIENCE

• Bachelor's Degree in Business, HR or equivalent.
• Minimum of 4 years’ experience focusing in compensation plan design, job analysis, market pricing, incentives preferably in EMEA
• Previous experience managing compensation programs, international experience preferred
• Experience working in a team-oriented, fast-paced environment
• Expert knowledge in compensation design, application and theory to include knowledge of regulatory compliance standards for countries in EMEA Regions
• Excellent analytical and organization skills with the ability to work independently and interact effectively with all levels of management
• Ability to manage to deadlines and multiple priorities work under pressure and handle confidential information appropriately
• Ability to obtain, present and discuss information and recommendations that may be controversial in nature
• Capable of leading or influencing processes and decision making at a senior level.
• Project management skills, with the ability to prioritize and manage multiple assignments in a fast-paced environment.
• Excellent analytical skills, expert in excel and knowledgeable in all MS Office products. Workday experience a plus.
• Strong written, verbal and presentation skills, strong analytical and computer skills
• Demonstrated attention to detail

IQVIA is a leading global provider of clinical research services, commercial insights and healthcare intelligence to the life sciences and healthcare industries. We create intelligent connections to accelerate the development and commercialization of innovative medical treatments to help improve patient outcomes and population health worldwide . Learn more at https://jobs.iqvia.com