Factored is hiring a
Total Rewards Manager

Summary

The job is for a Total Rewards Manager at Factored, a global AI & machine learning company. The role involves developing competitive compensation strategies, conducting regular benchmarking, managing annual salary review processes, designing performance-based compensation structures, collaborating with various departments, and staying informed about legislative changes and market trends.

Requirements

• Bachelor’s degree in Business, Human Resources, Finance or related fields is required
• 5+ years of experience in Total Rewards
• Highly proficient with MS Excel, PowerPoint, and Google Suite
• Self-directed with the ability to work autonomously on several projects concurrently
• Excellent communication and analytical skills
• High proficiency in written and spoken English

Responsibilities

• Develop and implement comprehensive compensation and benefits plans and programs
• Conduct regular benchmarking and analysis of compensation and benefits packages
• Manage annual salary review processes, propose and update bonus programs, and other incentive schemes
• Design and implement performance-based compensation and bonus structure, annual short and long term incentives for different departments of the organization
• Collaborate with finance to implement the Company’s job architecture aligned with market trends
• Partner with recruitment and finance to provide guidance on compensation matters, including job evaluations and salary offers
• Collaborate with external vendors and consultants to negotiate contracts and manage relationships related to compensation and benefits services
• Prepare and present reports and recommendations to senior management on compensation trends, budget utilization, and cost projections
• Stay informed about legislative changes and market trends affecting compensation and benefits practices, recommending adjustments as necessary
• Manage the leadership team's compensation activities and payroll

Preferred Qualifications

• Global experience is preferred
• Comfort with a fast-paced environment, leading transformations
• Future-focused, thinking ahead and anticipating risks and opportunities
• Excellent organizational skills with the ability to work on multiple projects simultaneously; must be able to manage time and workload effectively to meet deadlines