Head of Group Compensation & Benefits
Hybrid · Brussels, Brussels, BE... more
Hybrid · Brussels, Brussels, BE... more
Job Description
The Group Head of Compensation & Benefits is responsible for providing direction, guidance and expertise on key compensation and benefits matters for the Group leaders, and collaborate with Finance, HR and Business Leaders worldwide to ensure that compensation and benefits programs align with Group strategy and key business initiatives, facilitate talent mobility, performance evaluations and IT access right management.
This role encompasses 3 key areas: annual review process, long-term incentives (LTIs), and guidelines/policies to ensure optimum compensation and benefits.
- Annual review: manage the process, for Key Employees and Leaders at Eurofins (ca. 2500 people across the world), including recommendations on salary guidelines, communications with leaders and top management on the overall process, verification of key metrics for bonus calculation, production of KPIs on various elements (fixed, variable, discretionary, etc.), management of the tools, templates and deliverables in a comprehensive and coherent Performance Management framework that should guarantee transparency and fairness on compensation packages changes as well as provide important information on career and mobility wishes and development needs.
- Long-term incentives: establish clear policies to award LTIs, manage the administrative process with the custodian and the LTI electronic platform provider, ensure smooth communication and controls with recipients and leaders, prepare ad hoc analyses as requested by the Remuneration Committee and top management, manage the annual review system, LTIs, careers and potential development needs of the key talents of the Group (ca. 5000 people) in line with the needs of the HR department and leaders.
- Guidelines & policies: establish and manage clear guidelines and policies on compensation & benefits matters, benchmarking market and peer practices, to ensure that the Group proposes adequate and attractive schemes to its core population of talents, advise leaders and the Remuneration Committee on these matters, including the communication of such elements to the relevant population across the Group.
- More generally, collaborate on a variety of projects in relation to your scope; review processes and propose improvement/optimizations in your scope; develop, recommend, and administer approved policies and procedures in your scope.
- Manage and develop the team within your scope: 14 FTEs between Belgium & Poland, via 3 direct reports. Dotted line: IT team in India (12 FTEs).