Head Of Compensation & Benefits
Job Summary
Version 1 is seeking a Head of Compensation & Benefits to lead the design implementation and management of our global total reward strategy. As the business continues to scale across multiple regions this role will ensure our compensation and benefits programmes are competitive fair and aligned with our growth objectives.
You will take ownership of pay structures job evaluation frameworks benefits provision and reward programmes across all Version 1 locations. Working closely with senior leadership Finance and People teams you will use market data and internal analytics to shape reward decisions that attract retain and motivate talent globally.
This is a strategic and hands-on role suited to someone who combines deep technical expertise in compensation and benefits with strong commercial awareness and the ability to operate across multiple jurisdictions.
Job Responsibilities
- Lead the development and execution of Version 1s global compensation and benefits strategy ensuring alignment with business objectives and market competitiveness.
- Manage and develop the Compensation & Benefits team setting clear goals reviewing outputs and supporting professional growth.
- Design and maintain job evaluation and grading frameworks to ensure internal equity and consistency across all regions.
- Conduct regular market benchmarking and salary surveys to inform pay positioning and ensure competitiveness in key talent markets including India UK and Ireland.
- Own the annual pay review and bonus cycle end to end partnering with Finance and senior leadership on budgeting modelling and communications.
- Design implement and manage employee benefits programmes across all operating regions ensuring they meet local requirements and employee needs.
- Develop and maintain total reward statements and communications that help employees understand the full value of their package.
- Provide data-driven insights and reporting on compensation and benefits spend trends and effectiveness to senior leadership.
- Ensure compliance with all relevant employment legislation tax regulations and reporting requirements relating to pay and benefits across all jurisdictions.
- Partner with Talent Acquisition to develop competitive offer frameworks and support hiring decisions with market data.
- Support M&A activity by conducting compensation and benefits due diligence and leading the harmonisation of reward programmes for acquired entities.
- Identify opportunities to improve processes and tools including increased use of technology and automation in reward administration.
- Manage relationships with external benefits providers brokers and consultants ensuring value for money and quality of service.
- Contribute to broader People team strategy bringing a reward and total compensation perspective to strategic discussions.
Qualifications :
- Bachelors degree in Human Resources Business Finance or a related field. A postgraduate qualification or professional certification in Compensation & Benefits (e.g. GRP CCP CIPD) is desirable.
- 8 years of experience in compensation and benefits with at least 3 years in a senior or leadership role.
- Proven track record of designing and managing compensation and benefits programmes across multiple countries.
- Strong knowledge of job evaluation methodologies (e.g. Willis Towers Watson Mercer Hay).
- Deep understanding of employment legislation tax and regulatory requirements relating to pay and benefits across India UK and Ireland.
- Strong analytical skills with experience in compensation modelling benchmarking and data analysis.
- Experience with HRIS and compensation management platforms (knowledge of Workday SAP SuccessFactors or similar would be an advantage).
- Excellent communication and stakeholder management skills with the ability to present complex reward data clearly to senior leadership.
- Strong organisational skills with the ability to manage multiple priorities in a fast-paced high-growth environment.
- Commercial awareness and the ability to balance employee value with business affordability.
Additional Information :
Why Version 1
At Version 1 we believe in providing our employees with a comprehensive benefits package that prioritises their wellbeing professional growth and financial stability.
- Share in our success with our Quarterly Performance-Related Profit Share Scheme where employees collectively benefit from a share of our companys profits
- Strong Career Progression & mentorship coaching through our Strength in Balance & Leadership schemes with a dedicated quarterly Pathways Career Development programme
- Flexible/remote working Version 1 is tremendously understanding of life events and peoples individual circumstances and offer flexibility to help achieve a healthy work life balance
- Financial Wellbeing initiatives including; Pension Private Healthcare Cover Life Assurance Financial advice and an Employee Discount scheme
- Employee Wellbeing schemes including Gym Discounts Bike to Work Fitness classes Mindfulness Workshops Employee Assistance Programme and much more. Generous holiday allowance enhanced maternity/paternity leave marriage/civil partnership leave and special leave policies
- Educational assistance incentivised certifications and accreditations including AWS Microsoft Oracle and Red Hat
- Reward schemes including Version 1s Annual Excellence Awards & Call-Out platform.
- Environment Social and Community First initiatives allow you to get involved in local fundraising and development opportunities as part of fostering our diversity inclusion and belonging schemes.
And many more exciting benefits drop us a note to find out more.
Remote Work :
No
Employment Type :
Full-time
About Company
Version 1 has celebrated over 26 years in Technology Services and continues to be trusted by global brands to deliver solutions that drive customer success. Version 1 has several strategic technology partners including Microsoft, AWS, Oracle, Red Hat, OutSystems and Snowflake. Were a ... View more