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The ideal candidate will possess extensive expertise in crafting, executing, and overseeing compensation and benefits frameworks that effectively attract, retain, and inspire talent within Sephora.
Key Responsibilities:
Compensation Strategy Development:
- Establish and uphold competitive and fair salary structures.
- Conduct comprehensive market research and salary benchmarking to refine compensation strategies.
- Design and manage incentive programs, bonuses, and performance-based compensation.
Benefits Administration:
- Develop, implement, and oversee employee benefit initiatives, including health coverage, retirement plans, and additional perks.
Regulatory Compliance:
- Ensure adherence to labor regulations and compliance standards.
- Prepare and deliver compliance reports and audits concerning compensation and benefits.
Financial Analysis and Reporting:
- Conduct financial assessments and reporting on the implications of compensation and benefits initiatives.
Training and Communication:
- Offer training and support to management and HR personnel regarding compensation and benefits policies.
- Communicate policies and modifications in compensation effectively.
Project Leadership:
- Lead specialized projects related to compensation and benefits, including the introduction of new tools or methodologies.
Qualifications and Experience:
Education: A Bachelor’s degree in Human Resources, Business Management, Finance, or a related discipline. A master’s degree or relevant certifications in compensation and benefits is advantageous.
Language Proficiency: Proficient in spoken and written English is crucial.
Professional Background: At least 5 years of experience in a comparable position, demonstrating a successful history in developing and managing compensation and benefits strategies.
Essential Skills:
- In-depth understanding of labor laws and compensation regulations.
- Familiarity with Mercer methodologies.
- Strong analytical capabilities with the ability to interpret complex datasets.
- Proficient in HR analytics tools and relevant software.
