Head of Comp and SVP digitalization

Ericsson; Greater London; On-site; GBP 70,000 - 120,000; Full time

Job summary

Ericsson is seeking a seasoned professional to lead the enhancement of compensation design practices and to digitalize Short-Term Variable pay processes. This pivotal role involves optimizing compensation structures while ensuring industry alignment and improving data accuracy across the organization.

Qualifications

• Extensive experience in compensation and reward practices.
• Proven track record in designing and implementing innovative reward strategies.
• Strong project management skills, with the ability to prioritize and manage multiple complex projects.

Responsibilities

• Develop and oversee the design of pay component catalogue.
• Automate the payout processes for Short-Term Variable pay.
• Lead initiatives to enhance data accuracy and reliability.

Skills

Compensation Management

Project Management

Data Quality Management

Automation

Job description

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Position

Head of Compensation Design and Incentives Digitalization

Position

Head of Compensation Design and Incentives Digitalization

About This Opportunity

Ericsson is seeking a seasoned professional to lead the enhancement and management of our compensation design practices and digitalize our Short-Term Variable pay processes. This pivotal role will optimize the design of compensation structures for efficiency and fairness while ensuring alignment with industry standards. The successful candidate will collaborate across the organization to refine our compensation design and practices, improve data accuracy, lead the automation of our incentive processes and manage the integration of acquired companies.

What Will You Do

• Develop and oversee the design of our pay component catalogue based on relevant internal and external factors, positioning SuccessFactors as the source of reliable truth for automated processes.
• Lead initiatives to enhance data accuracy and reliability, ensuring adherence to best practices in data quality management and governance.
• Simplify and digitize the STV (Short-Term Variable) and SIP (Sales Incentive Plans) target-setting processes, strengthening the connection between performance metrics and behaviors to drive business outcomes.
• Automate the payout processes for STV and SIP with focus on increasing productivity through streamlined operations.
• Manage the integration of acquired companies into our Compensation frameworks and solutions.
• Stay informed about industry practices and trends. Provide insights and guidance to ensure Ericsson remains at the forefront of compensation design, data quality management and Short-Term Incentive practices.
  
  

What You Will Bring

• Extensive experience in compensation and reward practices.
• Proven track record in designing and implementing innovative reward strategies and solutions that align with organizational goals and streamline operations.
• Ability to lead and inspire change, convey technical information to non-technical collaborators to drive consensus and provide direction as a hands-on SME.
• Strong project management skills, with the ability to prioritize, plan, and manage multiple complex projects effectively.
• Excellent communication skills to convey complex information clearly to diverse audiences and collaborate with stakeholders at all levels
  
  

Why join Ericsson?

At Ericsson, you´ll have an outstanding opportunity. The chance to use your skills and imagination to push the boundaries of what´s possible. To build solutions never seen before to some of the world’s toughest problems. You´ll be challenged, but you won’t be alone. You´ll be joining a team of diverse innovators, all driven to go beyond the status quo to craft what comes next.

What happens once you apply?

Click Here to find all you need to know about what our typical hiring process looks like.

Encouraging a diverse and inclusive organization is core to our values at Ericsson, that's why we champion it in everything we do. We truly believe that by collaborating with people with different experiences we drive innovation, which is essential for our future growth. We encourage people from all backgrounds to apply and realize their full potential as part of our Ericsson team. Ericsson is proud to be an Equal Opportunity Employer. learn more.

Req ID: 766766

Seniority level

• Seniority level

  Not Applicable

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Telecommunications

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