Compensation and Benefits Manager (HR) - Human Resources jobs in Malta - November 2024
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Compensation and Benefits Manager (HR)

Konnekt

Published on 14 Nov 2024

Expires in 29 days (14 Dec 2024)


Our client, a Group within the aviation industry, is looking to recruit a Compensation and Benefits Manager to join their growing team. The chosen candidate will:

  • Develop and implement comprehensive global compensation strategies that align with the company’s business goals, market standards, and pay equity initiatives.
  • Lead global market benchmarking and analysis to maintain competitive compensation practices across regions.
  • Oversee salary structures, incentive programs, and bonus plans, ensuring they are fair and consistently applied throughout the organization.
  • Design and direct the annual compensation review process, including merit adjustments, promotions, and bonus distributions.
  • Partner with HR Managers and leadership teams to guide compensation-related decisions, including job offers, promotions, and evaluations.
  • Ensure adherence to local regulations on compensation practices across all operational entities.
  • Design and manage global benefits programs, including health coverage, retirement plans, wellness initiatives, and additional benefits.
  • Assess and recommend enhancements to benefits programs based on employee feedback, market insights, and organizational goals.
  • Manage relationships with external vendors, brokers, and consultants to ensure efficient benefits program delivery.
  • Oversee global benefits enrollment and effectively communicate benefits information to employees.
  • Ensure compliance with local benefits regulations across all jurisdictions.
  • Develop global wellness programs to support employee well-being and promote work-life balance.
  • Oversee HR Information System (HRIS) management to support compensation, benefits, and broader HR functions.
  • Ensure data accuracy and integrity within the HRIS, particularly regarding employee compensation, benefits, and performance.
  • Collaborate with IT and HR teams to ensure the HRIS meets key HR needs, including compensation reviews, benefits enrollment, and reporting.
  • Analyze HRIS data to generate insights on compensation trends, benefits usage, and workforce metrics.
  • Manage system upgrades, configurations, and new module rollouts to address organizational needs.
  • Provide HR teams and managers with training and support on effective HRIS use.
  • Ensure global compensation and benefits programs comply with labor laws, tax regulations, and reporting requirements.
  • Stay informed on regulatory changes globally and recommend adjustments to compensation and benefits policies as needed.
  • Work with legal and compliance teams to mitigate risks in global compensation and benefits management.
  • Coordinate with internal communications to effectively communicate details and updates on compensation and benefits programs to employees.
  • Lead training sessions to educate employees and managers on compensation and benefits policies.
  • Develop and manage the budget for global compensation and benefits programs.
  • Conduct cost analyses to assess the financial impact of compensation and benefits programs and recommend improvements for cost efficiency.
  • Partner with finance to ensure accurate financial forecasting and reporting for compensation and benefits expenses.
Requirements
  • Excellent analytical skills with the ability to interpret and present compensation and benefits data.
  • Strong understanding of global labour laws and regulatory requirements related to compensation and benefits.
  • Exceptional communication and interpersonal skills, with the ability to collaborate effectively with global teams.
Education and Experience
  • Bachelor’s degree in Human Resources, Business Administration, or a related field (Master’s degree or certification in Compensation & Benefits preferred).
  • 7-10 years of experience in compensation and benefits management, with a focus on global or multinational environments.
  • Strong knowledge of global compensation practices, market benchmarking, and job evaluation methodologies.
  • Experience managing employee benefits programs across multiple countries and regions.
  • Proficiency in managing and optimizing HRIS platforms (e.g., HiBob, Workday, SAP SuccessFactors, Oracle HCM).
  • Fluent English (verbal and written).
Benefits
  • Health Insurance

Konnekt:
Established in 2007, Konnekt has grown into Malta's leading job agency. Our team is here to simplify your job search by presenting over 400 career options across various fields. We have robust connections with top employers in Malta, making us the ideal choice for anyone considering a career change.
At Konnekt, we believe in straightforward actions and staying true to our values. This commitment has been the driving force behind our success. Whether you're seeking new opportunities or exploring a different career path, we are your reliable partner throughout the process.
Our website provides more insights into our approach and the array of services we offer. Take a moment to explore and discover how Konnekt can be instrumental in shaping your professional journey.

salary
€70,000 / year
Salary
time
Full Time
Job Type
experience
Senior Management
Experience Level
category
Human Resources
Category
industry
Aviation
Industry


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