1. Collaborate with Compensation Partners to coordinate and facilitate the compensation planning process, ensuring smooth and efficient execution.
2. Assist in conducting organizational assessments and salary benchmarking to maintain the company's competitive edge in the market.
3. Conduct simulations, scenario analysis, and manage Performance Bonus/Profit-sharing planning and calculations in partnership with Finance and senior management, based on incentive pool size and distribution principles.
4. Ensure audit readiness by supporting and maintaining proper documentation for all bonus-related calculations.
5. Recommend enhancements to the Global Compensation System based on performance outcomes and stakeholder feedback, driving continuous improvement.
6. Act as a point of contact for inquiries, providing timely and effective resolutions to issues.