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The Director of Compensation and Benefits will plan and oversee our company's Global compensation and benefits programs. The Director will be responsible for reviewing and modifying existing programs, supporting the recruitment process, and managing day-to-day compensation and benefits-related activities. As a Director Global Compensation and Benefits, should be able to develop competitive and cost-efficient programs that will assist with employee retention and attract top talent. The Director should have experience leading compensation and benefits programs, along with excellent decision-making skills.
Key Responsibilities:
Evaluating and modifying existing compensation and benefits programs, policies, and procedures for all PK locations.
Plan and drive execution of annual merit process.
Developing and implementing new compensation and benefits programs, policies, and procedures.
Responsible for the assessment and delivery of global and regional variable compensation plans and programs including Responsible for leading salaried Incentive Plan(s), Sales Incentive Plan(s), ad hoc bonus programs, short-term sales incentives.
Work hand-in-hand with Finance to ensure compensation budget and accruals are accurate and timely
Drive total rewards philosophies, projects and processes that require global alignment
Guide and assist leadership team with preparation and recommendation of annual wage proposal
Ensure legal and internal compliance of compensation programs in countries where they apply
Inform and educate executives, managers and associates on compensation structure and related policies/procedures
Communicating with third-party services to negotiate benefit plans and resolve benefit-related issues
Support regional HR Teams in compensation analyses for promotions, hires and market adjustments
Partner directly with CPO on all activities related to executive compensation; prepare and present materials to the Board/Operating Committee
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