Compensation and Benefit Analyst
Grundfos
Compensation and Benefit Analyst
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Job Description
**What is the job about?**
Collaborate with Leaders, Country HR Leads, and HR Business Partners to execute job evaluations and administer end-to-end global processes for compensation activities under the guidance of regional Senior Compensation Specialist and/or Global Process Owners. Conduct ad hoc, and project based, benefits analyses to ensure benefits offerings are market competitive in collaboration with Global Reward Director and Global Benefits Manager.
**Your main responsibilities** :
+ General Compensation Support: Provide support through Service Now for compensation-related inquiries and issues under the guidance of Regional Senior Compensation Specialist.
+ Mercer Data Submissions: Manage and submit compensation and benefits data to Mercer in accordance with the global contract.
+ Merit and Incentive Process Support: Assist in the annual merit increase and incentive payment process, ensuring accurate and timely execution.
+ Benefits Benchmarking: Conduct benefits benchmarking studies to ensure competitive benefits offerings.
+ Ad Hoc Project Support: Participate in various compensation and benefits projects at both regional and global levels, providing analytical and administrative support.
+ Data Analysis and Reporting: Prepare and analyse compensation and benefits data to ensure internal equity and external competitiveness. Generate reports and provide insights to support decision-making.
+ Job Evaluation: Conduct job evaluations and determine appropriate pay grades utilizing Mercer’s IPE methodology.
+ Collaboration: Work closely with HR Business Partners and other stakeholders to address compensation and benefits-related issues and provide guidance on compensation requests.
+ Training and Communication: Deliver training sessions and communicate compensation programs and initiatives to HR and line management.
**Your background**
We imagine that you have:
+ Relevant Bachelor’s degree (Economics, Strategy, Finance, Human Resources or similar.)
+ 2-5 years relevant experience, preferably in compensation
+ Proficiency in Microsoft Excel
+ Fluency in English
+ Knowledge of any European language preferably
+ Understanding of Compensation/Benefit/HR processes
+ Collaborative attitude
+ Execution mindset
+ Strong analytical skills – ability to both crunch the numbers and derive a clear meaning out of them
+ Strong in stakeholder management
**What’s in it for you?**
**What are your goals? Here at Grundfos it’s our mission to help you develop and fulfil your ambitions, both career and personal. We are** **guided by our** six core values (https://www.grundfos.com/about-us/our-purpose-and-values) **, and you’ll find that your fresh ideas will be welcomed and make a difference in everything from local to large-scale global projects. You’ll encounter colleagues from all over the world both as part of your daily work, supporting and all the while broadening each other’s cultural horizons.**
**In addition, your day-to-day benefits include:**
+ Flexible working hours; home office possibility and equipment; up to 3 days’ paid leave for volunteering
+ Annual bonuses, parental support, internal well-being consultants and programmes, engaging team buildings
+ Diverse, inclusive environment with employee-led forums offering colleagues a safe place to connect and share openly
+ Long-term career development with regular dialogue, as well as continuous learning and development opportunities.
**Do you want to learn more?**
If this job sounds appealing, please send your resume by clicking “Apply”.
To dig deeper into the Grundfos universe, follow us onLinkedIn (http://linkedin.com/company/grundfos) orYoutube (http://youtube.com/user/grundfos) , and to get to know some of your future colleagues and why they love working at Grundfos, check outMeet our people (https://www.grundfos.com/careers/meet-our-people)
**We look forward to hearing from you.**
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Information at a Glance
**Job Details**
Application deadline:
Workplace: Hybrid (office and home-working)
Job Location: Székesfehérvár, Székesfehérvár, Hungary | Budapest, Pest, Hungary | Tatabánya, Komárom-Esztergom, Hungary | Törökbálint, Pest, Hungary
Contract Type: Full-Time
Employment Type: Regular
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