Global Compensation Manager

Company Description

Are you ready to accelerate your career? Join Cielo as a Global Compensation Manager! A career at Cielo will give you the opportunity to work with the industry’s smartest people and to take ownership of your success!

Cielo is a brand that reflects our big idea – that talent is rising – and with it our opportunity to rise above. We create careers for ambitious people by moving beyond traditional assumptions of what it means to work in talent acquisition.

Cielo is the world’s leading strategic Recruitment Process Outsourcing (RPO) partner. The industry has verified Cielo’s reputation for executing innovative solutions that provide business impact through numerous awards and recognitions, including its annual leadership position on the HRO Today RPO Baker’s Dozen listing, Peak Matrix Leader placement by Everest Group and Industry Leader designation by NelsonHall.

Cielo is an equal opportunity employer and will not discriminate against any applicant for employment because of race, color, religion, sex, national origin, disability, age, genetic information, or any other status protected by state or local law for an individual who falls within the jurisdiction of such law. Applicants who require an accommodation throughout the application and interview process should request this in advance by contacting Cielo Talent Acquisition at [email protected].

Job Description

The Global Compensation Manager is responsible for the design, implementation, and management of global compensation programs to ensure internal equity and external competitiveness. This role plays a part in developing salary structures, job leveling, and incentive programs that attract, retain, and motivate top talent across various regions. The Global Compensation Manager collaborates with People & Culture, Finance, and business leaders to align compensation strategies with business objectives and market trends.

Location: The position is remote for candidates based in Hungary only

Specific Needs: Experience in compensations administration and management in a global or regional role

Language: Fluent in English

Work Arrangement: Remote

Responsiblities include: 

• Develop and implement global compensation programs that include base salaries, incentive structures, and variable pay plans to attract and retain top talent.
• Design programs that balance internal equity with market competitiveness, aligning them with the company’s strategic goals.
• Lead comprehensive job evaluation processes and market analyses to ensure that the company’s pay practices are competitive across all regions.
• Utilize compensation data from various surveys and databases to set accurate salary ranges and pay structures that reflect industry standards.
• Create and maintain salary structures and job grading frameworks to ensure consistency and fairness in compensation across different levels and regions.
• Provide training and support to Talent Management and managers on how to apply these frameworks in practice, ensuring a uniform approach to job leveling.
• Advise senior leaders and Talent Management Partners on compensation strategies, offering insights into market trends, pay equity, and incentive design.
• Use data and reports to support recommendations, helping business leaders make informed decisions about pay practices.
• Ensure compliance with local, regional, and international labor laws and regulations, adjusting compensation practices as needed to maintain adherence to legal standards, including staying informed about new legislation and working with legal teams to mitigate risks.
• Oversee the entire annual compensation review process, coordinating salary adjustments, merit increases, and bonus payouts.
• Develop timelines and communication plans to ensure managers understand the process and employees are kept informed about their compensation changes.
• Partner with other departments to ensure data accuracy in compensation systems, facilitating smooth reporting and analysis.
• Leverage compensation management software such as MarketPay or PayScale to optimize processes and maintain up-to-date compensation data.

Qualifications

Education and Experience:

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
• 7+ years of experience in compensation management.
• A minimum of 3 years in a global or regional role strongly preferred.
• Experience in designing and managing complex compensation programs.
• Proven track record of working with senior leadership to align compensation strategies with business goals.
• Experience developing salary structures and job leveling frameworks for diverse regions.
• Experience with compensation software such as MarketPay or PayScale strongly preferred.

Exposure:

• Strong understanding of global compensation practices and compliance requirements.
• Ability to conduct market analysis and benchmarking using various compensation surveys.
• Ability to manage compensation processes and systems.
• Strong analytical skills with the ability to interpret and analyze data.
• Excellent verbal and written communication skills.
• Ability to present information to employees and leadership in a detailed and professional manner.
• Ability to prioritize in a fast-paced environment.