Compensation and Benefit Analyst

Job title:

Compensation and Benefit Analyst

Company:

Grundfos

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 backgroundWe 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 , 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 on or , and to get to know some of your future colleagues and why they love working at Grundfos, check outWe look forward to hearing from you.Apply nowStartPlease wait…Information at a GlanceJob DetailsApplication deadline:Workplace: Hybrid PositionJob Location: Budapest, Pest, Hungary | Székesfehérvár, Székesfehérvár, Hungary | Tatabánya, Komárom-Esztergom, Hungary | Törökbálint, Pest, HungaryContract Type: Full-TimeEmployment Type: RegularAbout GrundfosGrundfos is one of the world’s leading water technology companies with more than 19.000 employees in 60+ countries all over the world. Our skills commit us to pioneering solutions to the world’s water and climate challenges and improve the quality of life for people. We dare to do things that others cannot or dare not do, as we believe innovation is not only a business opportunity, but an obligation. And what really matters to us is not short term profit, but the impact we make. By becoming part of our united powerful team, you too can drive this change no matter your role.An inclusive teamWe believe that the key to a work environment, where employees thrive and grow, is our ability to celebrate and value our differences in background, experiences and perspectives. In our recruitment process we welcome all professional people without consideration of age, colour, gender identity, national origin, physical or mental disability, ethnicity or religion.Join our Talent CommunityIf you want to stay updated on all career opportunities, please join our Talent Community!Here you can create a job alert to receive updates about job opportunities that match your interest.

Expected salary

Location

Budapest

Job date

Thu, 31 Oct 2024 07:31:17 GMT

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