Compensation & Benefits Manager
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Company Description
Job Description
Location: London
Reports To: Director of Compensation
Job Summary: The Regional Compensation & Benefits Manager will be responsible for developing, implementing, and administering equitable, competitive, and financially sustainable compensation structures and benefits programs across the EMEA region. This involves consulting with the HRBP team members to determine what questions or challenges they are trying to solve, figuring out how market data can address it, and how the data should be presented to effectively communicate meaningful insights and potential solutions. This role will ensure that our offerings align with our business strategy and comply with legal requirements.
Key Responsibilities:
Compensation:
- Advise and educate HRBPs and business leaders on compensation structures, and bonus programs
- Collaborate with HRBPs and business leaders on pay decisions, and job evaluations to ensure internal equity, external competitiveness, and compliance with all legal and regulatory requirements
- Create effective, efficient, and easy to understand custom reports and dashboards to assist in making fact-based compensation decisions
- Research and resolve individual compensation challenges
- Build a consultative and collaborative relationship with HRBPs, recruiters, and business leaders to carry out change management projects that create more efficient total reward processes and procedures
- Handle the seasonal and year-end processes including promotions, merit, and bonus payments
- Benchmark roles to salary surveys, maintaining global alignment as appropriate
- Manage the annual pay competitiveness review process, including market analysis, budget allocation, and communication strategies
- Monitor the effectiveness of existing compensation programs, policies, and guidelines - recommend revisions that are cost-effective and consistent with compensation trends and business objectives
- Provide compensation insights and costing to Finance team partners
- Partner with payroll on tax questions
Benefits Administration:
- Manage and oversee the administration of associate (i.e., employee) benefits programs
- Onboard associates in region by assisting with benefit enrollment process and answering questions as needed
- Maintain partnership with payroll regarding benefit enrollment process
- Analyze trends and metrics to inform program designs and ensure that benefits offerings are cost-effective and competitive
- Manage relationships with external vendors and consultants to ensure that services are delivered to a high standard and represent good value for the company
- Manage the coordination of supplemental insurance plan renewals, collaborating with Mercer to engage with vendors for rate negotiations, ensuring contracts are finalized, and adjusting coverage as necessary through internal partnerships
Total Rewards Process Management:
- Partner cross-functionally on communication strategies to ensure associate understanding and appreciation of total reward offerings
- Monitor regulatory changes in region to ensure programs and structures are fully compliant
- Ensure all compensation and benefits processes are documented and that records are maintained in accordance with statutory requirements
- Partner with Legal and HRBP team on global offer, bonus agreement, and contract templates
What Do You Need To Bring?
- Bachelor's degree in Human Resources, Business Administration, Finance, or related field.
- Progressive experience in a compensation role
- Proven experience in compensation and benefits within the EMEA region, with a strong understanding of regional variations in employment practices and legislation
- Excellent analytical and quantitative skills, with the ability to manage large datasets and draw meaningful conclusions
- Strong intellectual curiosity
- Effective communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels
- Proficiency in HRIS systems and Microsoft Office, particularly Excel
- Ability to work independently and manage multiple priorities in a fast-paced environment
- Proven ability to handle confidential and sensitive data appropriately
- Attention to detail, passion for quality work and timely delivery
- Excellent planning and prioritization, problem solving, and business partnering skills
Our Company
Abercrombie & Fitch Co. (A&F Co.) is a global retailer of five iconic, omnichannel lifestyle brands catering to the kid through millennial customer: Abercrombie & Fitch, abercrombie kids, Hollister, Gilly Hicks and Social Tourist. At A&F Co., we're here for our associates, customers and communities on the journey to being and becoming who they are - and because no journey is the same, we strive to create an inclusive culture, where everyone is free to share ideas.
Our Values
We lead with purpose and always put our people first, which is evidenced by our Great Place to Work⢠Certification, as well as being a 2021 recipient of Fortune's Best Workplaces in Retail, and named a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign for 16 consecutive years. We're proud to offer equitable compensation and benefits, including flexibility and competitive Paid Time Off, as well as education and engagement events, including various Associate Resource Groups, volunteer opportunities and additional time off to give back to our global communities.
What You'll Get
As an Abercrombie & Fitch Co. (A&F Co.) associate, you'll be eligible to participate in a variety of benefit programs designed to fit you and your lifestyle. A&F is committed to providing simple, competitive, and comprehensive benefits that align with our Company's culture and values, but most importantly - with you! We also provide competitive incentives to reward the commitment our associates have for moving our global business forward:
- Incentive bonus program
- Annual companywide review process
- Flexible spending accounts
- Medical, dental, and vision insurance
- Life and disability insurance
- Associate assistance program
- Paid parental and adoption leave
- Access to fertility and adoption benefits through Carrot
- Access to mental health and wellness app, Headspace
- Paid time off & one paid volunteer day per year, allowing you to give back to your community
- Work from anywhere (Mondays and Fridays are "work from anywhere" days for most roles & six work from anywhere weeks per year)
- Seven associate wellness half days per year
- Merchandise discount on all of our brands
- Opportunities for career advancement, we believe in promoting from within
- Access to multiple Associate Resource Groups
- Global team of people who will celebrate you for being YOU!
Job Description
Qualifications
Additional Information
ABERCROMBIE & FITCH CO. IS AN EQUAL OPPORTUNITY EMPLOYER