Sr. Compensation & Benefits Specialist

DNV Germany Holding GmbH; United Kingdom; On-site; GBP 45,000 - 70,000; Full time

Job summary

A leading global company seeks a Compensation & Benefits Sr. Specialist to enhance service delivery in HR functions. You will oversee the implementation of compensation strategies, support annual processes, and work on benefits management across various countries. This role offers a dynamic environment to contribute to international projects and improve standardization while catering to regional needs.

Benefits

Flexible work arrangements

Generous paid leaves

Medical benefits including insurance and health check-ups

Pension and insurance policies

Training and development support

Company bonus/profit sharing

Qualifications

• 5-7 years of multi-country experience in Compensation & Benefits.
• Experience in shared services or international organizations is advantageous.
• Excellent communication skills in English; additional languages are a plus.

Responsibilities

• Conduct annual compensation processes including salary adjustments and bonus calculations.
• Manage contracts with benefit providers; participate in renewal processes.
• Establish professional partnerships with stakeholders.

Skills

Compensation Management

Benefits Administration

Market Analysis

Communication

Education

Bachelor’s or Master’s degree in HR, Finance, or related field

Job description

About GSS

As the internal support organization for DNV and DNV owned companies, we deliver shared services within Human Resources, Finance, IT, and Real Estate & Procurement to DNV globally. Our mission is to enable DNV to grow, succeed with its business goals, and improve competitiveness. Customer experience is at the core of everything we do. GSS is responsible for many of the tools, processes, and routines that create the backbone of DNV.

We are looking for a highly motivated Compensation & Benefits Sr. Specialist to join our Global Shared Services (GSS) Global Center in Pune. You will be part of a team responsible for delivering compensation and benefit processes within DNV organizations across South and North Asia, IMEA, and North America. The ambition of this new unit is to standardize global processes while tailoring compensation and benefits support to specific regional needs. You will also engage in various global projects, sharing and implementing your ideas.

Responsibilities

1. Compensation:
2. Conduct annual compensation processes, including salary adjustments and bonus calculations for various countries, managing documentation and third-party interactions.
3. Collect data for market comparison and prepare benchmark reports to support salary budgeting.
4. Model salary adjustment budgets and distribution criteria based on business and country-specific needs.
5. Support and advise on country-specific applications of global compensation processes, considering legal requirements and other factors.
6. Maintain market benchmarks, external statistics, and internal salary analyses in collaboration with regional teams.
7. Support global profit share schemes, ensuring accuracy of employee data and salary parameters.
8. Stay updated on compensation trends, legal regulations, and market benchmarks.

Benefits

1. Manage contracts with benefit providers, including renewal and terms, and explore technological enhancements.
2. Coordinate with external providers to update benefits and wellness plans across countries.
3. Handle invoice reviews and approvals for benefit vendors.
4. Participate in renewal processes for benefit policies and workers' compensation.

General

1. Build strong relationships with HR Advisors, senior leadership, Finance, and Payroll teams.
2. Drive process standardization and improvements.
3. Keep abreast of market trends, legal changes, and business needs.
4. Establish professional partnerships with stakeholders.
5. Engage in digitalization and process improvement initiatives.
6. Support payroll activities as needed.

Benefits Offered

• Flexible work arrangements
• Generous paid leaves
• Medical benefits including insurance and health check-ups
• Pension and insurance policies
• Training and development support
• Additional benefits like awards and reimbursements
• Company bonus/profit sharing

*Benefits may vary based on position, tenure, or contract level.*

DNV is an Equal Opportunity Employer, welcoming diversity and considering all qualified applicants without discrimination.

Candidate Profile

• Passionate about compensation & benefits with a customer-centric approach.
• Bachelor’s or Master’s degree in HR, Finance, or related field.
• 5-7 years of multi-country experience in Compensation & Benefits.
• Experience in shared services or international organizations is advantageous.
• Excellent communication skills in English; additional languages are a plus.