Senior Compensation Manager, UK&I

Are you a compensation professional passionate about managing competitive and equitable compensation programs? L'Oréal is seeking a Senior Compensation Manager to help us attract, retain, and motivate our exceptional talent through the effective delivery and management of our compensation. If you're ready to make a significant operational impact in a dynamic, fast-paced, and purpose-driven global organization, we encourage you to apply!

A DAY IN THE LIFE

As the Senior Compensation Manager, no two days will be exactly alike. You can expect a dynamic mix of analytical work, operational execution, and collaborative problem-solving. Your mornings might start by reviewing compensation trends and market data, analysing their impact on existing compensation structures. You could then transition to a collaborative session with HR Business Partners, discussing how to address specific compensation for a particular business unit.

The afternoon might involve preparing and presenting data analysis or recommendations related to compensation to HR business partners or relevant stakeholders, clearly articulating the rationale. Later, you might collaborate with legal and finance teams to ensure compliance and financial viability of compensation and programs and policies. Your day will be punctuated by continuous learning and adapting to the evolving landscape of work, always striving to support L'Oréal's competitiveness in attracting and retaining talent through effective compensation practices.

 YOU WILL

•  Manage Compensation Processes: Oversee the execution of annual compensation cycles, including salary benchmarking, year-end processes, bonus plan administration, and other short-term incentive programs. Ensure internal equity and external competitiveness within L'Oréal's compensation framework.
• Support Reward Strategy Implementation: Contribute to the implementation of L'Oréal's global compensation and reward strategies, translating strategic objectives into operational plans and policies.
• Reward One Profile Expert: Act as a subject matter expert on all Reward One Profile matters. Ensure that compensation data in One Profile is accurate.
• Conduct Market Analysis and Benchmarking: Perform regular market analysis and benchmarking studies to ensure L'Oréal's offerings remain competitive in attracting and retaining talent.
• Ensure Compliance and Governance: Stay informed about global and local compensation regulations, trends, and best practices. Ensure all related programs and policies are compliant and effectively governed.
• Educate and Communicate: Develop and deliver clear communications regarding compensation policies to employees and leaders, ensuring understanding and addressing inquiries.
• Partner with Stakeholders: Collaborate closely with HR Business Partners, Talent Acquisition, Finance, and Legal to ensure seamless integration of compensation initiatives with broader HR and business objectives.
• Data Analysis and Reporting: Analyse compensation data to identify trends, provide insights, and prepare reports to support decision-making.

 WHO YOU ARE

• An Experienced Professional: You have significant experience (e.g., 5-7 years) in Compensation, with a strong focus on compensation processes, preferably within a complex, multinational organisation.
• A Technical Expert: You possess in-depth knowledge of compensation principles, market pricing, role alignment, salary structures, and incentive design.
• An Analytical Mind: You demonstrate strong analytical skills with the ability to interpret data, identify trends, and translate insights into actionable recommendations for compensation projects.
• A Clear Communicator: You possess excellent written and verbal communication skills, with the ability to articulate complex concepts clearly and persuasively to diverse audiences.
• A Collaborative Partner: You are adept at building strong working relationships and collaborating effectively with stakeholders at various levels.
• An Effective Project Contributor: You can manage and contribute to compensation projects from conception to implementation, ensuring timely and effective delivery.
• Adaptable and Resilient: You thrive in a dynamic environment, manage multiple priorities, and adapt seamlessly to changing business needs.

 WHAT WE OFFER

 Our industry-leading award-winning benefits package shows how much we value our people. We know they're at the heart of L'Oréal's success, so we offer a fair and competitive package to help you thrive.

 Enjoy perks like money-saving offers, free mortgage advice, share options and an enhanced pension plan. Love our brands? You'll get up to 60% off iconic names like YSL, CeraVe, Armani, Kiehl's and Garnier! Because health matters, we offer private medical and dental insurance, discounted gym memberships, and onsite mental health support. We also provide enhanced family leave for all and up to 4 weeks of paid fertility leave, so you can prioritise what matters most.

 Learning is in our DNA at L'Oréal. We'll help you master your role, build skills, and access top-notch leadership programs and monthly expert talks. And there's lots more too!

 WHO WE ARE

 L’Oréal is present in 150 markets on five continents. For more than a century, L’Oréal has devoted itself solely to ‘Create beauty that moves the world’; it is now the industry world leader with €42 billion consolidated sales. Together, we solve complex challenges at scale, while making sure we stay committed to making the world a more inclusive and a better place for everyone & our planet. Experience the excitement of agility to shape the future of beauty; where diversity and purpose come together to create meaningful impact.

 Our Corporate Division supports the 4000+ strong workforce in the UK & Ireland.  It’s a fast-paced and dynamic environment when you’ll have visibility over our 4 Divisions and play an integral role in moving our business forward. Our founder Eugène Schueller once said that "a company is not walls and machines, it’s people, people, people". Joining our corporate teams means joining the world leader in beauty, at the cutting edge of innovation. But above all, it means becoming part of a team of talented and inspiring people.

 HOW WE RECRUIT

 At L’Oréal, we take pride in creating a diverse, equitable and inclusive environment where everyone is welcome and their contributions are valued. When we recruit, hire, train, promote or engage in any other employment practice, we are committed to being an inclusive employer regardless of race, religion, gender identity, sexual orientation, national origin, age, socioeconomic status, medical condition or disability, or any other protected status. When we look for talent, we welcome difference - different backgrounds, experiences, personalities and perspectives. The beauty we find in our differences gives us the freedom to go beyond. That’s the beauty of L’Oréal.