Global Compensation Specialist
Running our global total compensation strategies and programs efficiently, ensures attraction, retention and engagement of our highly valued workforce and ultimately drives Red Bull's performance. To support our team we are looking for a Global Compensation Specialist who runs and improves compensation processes, leads compensation projects and communicates our compensation culture and philosophy globally to make our company unique and competitive.
In 1987, Red Bull not only launched a completely new product, it created and has led ever since a whole new product category, Energy Drinks. Nowadays Red Bull employs more than 11500 people in over 171 countries, selling over 6 billion cans a year. The World of Red Bull provides the forum for you to use your talent and passion, to develop yourself and make an impact. Find out why we're different.
Location Elsbethen, Salzburg, Austria
Organisation Red Bull GmbH
Areas that play to your strengths
(all the responsibilities we'll trust you with)
- GLOBAL COMPENSATION PROCESSES AND COMPENSATION STRUCTURE
In this exciting role, you'll own major compensation processes, identify opportunities to improve processes and systems and implement them globally. You'll manage the annual merit increase and bonus planning process (SAP/ECM) and run the senior management compensation approval process including salary assessments for senior management positions. Moreover, you'll monitor and approve promotion increases in line with the global guideline. You'll also define and maintain our globally implemented compensation structure (Global Jobs, levelling, banding).
- VARIABLE PAY STRUCTURES
You´ll transfer our global bonus philosophy into local country specific short term incentive systems and ensure globally harmonized sales incentive structure in line with global framework.
- COMMUNICATE PHILOSOPHIES AND STRUCTURE
Key to success will be the communication of the philosophies and structure that our compensation programs are based upon. Therefore, influencing employee behaviour by pursuing an integrated approach to compensation plan design is crucial.
- ACT AS COMPENSATION EXPERT
As Global Compensation Specialist, you'll act as expert and point of contact for HR and management globally in compensation matters. To support stakeholders in different countries, you'll perform compensation audits there and in headquarters you'll train HR Business Partners in global compensation processes and tools. Additionally, you'll manage relationships to survey providers and ensure most accurate global market data.
- WORK ON PROJECTS AND CHALLENGE STATUS QUO
You'll lead global compensation and benefits projects, the rollout of global frameworks and contribute to local projects as expert. Importantly, in this role you need to challenge current compensation paradigms and create innovative solutions that support the compensation culture and philosophy that make our company special.
Your experience includes:
(proven performance in)
- 3+ years of professional experience in C&B at global or regional level
- Strong analytical skills and passion for figures
- Pragmatic approach for problem solving
- International project management skills
- Knowledge in SAP/R3 HR and MS office applications
- Good teamplayer
- University Degree in Economics with focus Finance/HR or similar
- Excellent English skills; Conversational German skills
In your cover letter, please include an explanation of why your experience is specifically relevant to this role at Red Bull. We want to see your personal style – what makes you tick and why you think your next opportunity is here with us.
Due to legal reasons we are obliged to disclose the minimum salary according to the collective agreement for this position, which is € 1728 gross per month. However, our attractive compensation package is based on market-oriented salaries and is therefore significantly above the stated minimum salary.