Senior Compensation Manager - Performance
Page Executive
- London
- £90,000 per year
- Permanent
- Full-time
- Develop and implement performance management strategies to enhance organisational effectiveness and efficiency.
- Assist the Head of Reward with compensation elements of RemCo papers.
- Collaborate with key stakeholders to ensure alignment of performance initiatives with overall business objectives.
- Design and oversee transparent and consistent performance evaluation processes.
- Create and manage both annual and long term incentive programs to motivate and reward high-performing individuals and teams.
- Develop recognition programs to celebrate and acknowledge outstanding achievements.
- Analyse performance data to identify trends and provide insights for continuous improvement including the easement of ROI of C&B expenditure.
- Collaborate with HR partners to integrate performance initiatives into broader talent management strategies.
- Communicate performance expectations and initiatives clearly to all levels within the organisation.
- Stay informed about industry best practices and trends in performance management.
- Drive a culture of accountability, continuous improvement, and innovation through performance strategies.
- Work with the wider team to ensure delivery of the group's reward agenda.
- Proven experience in delivering performance management solutions, with a focus on strategy development and implementation.
- Familiarity with both long and short term incentive program design, including knowledge of share plans and recognition practices, is essential.
- Proven analytical and data interpretation skills.
- Multi-jurisdictional experience is a must, ideally from within the banking/financial services sector but this can be flexed if the canidate has a wealth of out of sector experience.
- Proven ability to collaborate with cross-functional teams and influence stakeholders at all levels.
- Awareness of global tax laws and implications on plan design is required.
- Demonstrated ability to drive and deliver results in a dynamic and fast-paced, growing organisation ideally of 1,000's + employee numbers.
- Previous experience of working with survey providers (WTW, Maclagan) and building networks.
- Excellent communication skills, both written and verbal, together with strong interpersonal skills.
- Excellent attention to detail and accuracy in managing compensation data is needed.
- Experience of Workday or similar HR software desirable.