A Good Opportunity at L’Oreal Korea🎉

Come join us at L’Oréal – the #1 beauty company in the world, spread across more than 150 markets worldwide! We've been leading the beauty industry for over 100 years, constantly evolving with the help of data, tech, innovation, and some serious science power. 

Together, we tackle big challenges while making sure we stay highly committed to making the world more inclusive and a better place for everyone & our planet. So, let's team up and create the beauty industry of the future together!

Job Title: Rewards Specialist – Human Resource 

WHO WE ARE:

HR at L'Oréal is not just a function; it is an incubator for talent and personal growth. To recruit and develop the best talents for the business, we need the best talents for HR.

We’re passionate about people, and especially our 88k colleagues around the world – it's our role in HR to empower and enable them to do what they love best at work.  

Job Summary

This role plays a crucial in designing, implementing, and managing competitive and equitable compensation and benefits programs that attract, retain, and motivate L'Oréal's diverse talent. This role ensures that reward strategies align with the company's business objectives, values, and local market practices, while complying with all relevant regulations. This role acts as a subject matter expert, providing guidance and support to HR Business Partners and business leaders on all reward-related matters.

Key Responsibilities

Compensation Strategy & Design:

• Develop, implement, and maintain compensation structures, including salary bands and bonus schemes that are competitive and align with business strategy.
• Conduct regular market benchmarking and salary surveys to ensure L'Oréal's reward packages remain competitive and internally equitable.
• Analyze compensation data, identify trends, and provide recommendations for adjustments to maintain pay equity and attractiveness.
• Manage the annual compensation review process, including salary increases, bonus payouts, and promotion adjustments, ensuring accuracy and fairness.

Analytics & Reporting:

• Generate comprehensive reports on compensation and benefits data, providing insights and recommendations to senior management.
• Utilize HRIS data to monitor reward effectiveness, identify areas for improvement, and support strategic decision-making.

Compliance & Governance:

• Ensure all reward programs comply with local labor laws, regulations, and internal governance policies.
• Stay informed about changes in legislation and market practices related to compensation and benefits.

Advisory & Communication:

• Serve as a subject matter expert and trusted advisor to HR Business Partners, line managers, and employees on all C&B related matters, policies, and guidelines.
• Develop clear, concise, and engaging communication strategies and materials to ensure employees understand the value and details of their compensation and benefits.
• Conduct training sessions and workshops for HR teams and managers on Reward topics.

Qualifications: 

• 4- 8 years of progressive experience in Compensation & Benefits, preferably within a multinational company or a fast-paced industry.
• Demonstrated experience in designing, implementing, and managing complex reward programs.
• Experience with HRIS systems (e.g., Workday, SAP SuccessFactors) 

Skills:

• Strong analytical and quantitative skills with the ability to interpret complex data and make data-driven recommendations.
• Excellent communication and presentation skills, with the ability to articulate complex reward concepts clearly and concisely to diverse audiences.
• Proven ability to work collaboratively in a team environment and influence stakeholders at all levels.
• High level of accuracy, attention to detail, and integrity in handling sensitive and confidential information.
• Knowledge of local labor laws and global compensation and benefits trends.
• Agile mindset and ability to adapt to a dynamic business environment.
• Proficiency in English; fluency in other languages relevant to the location is a plus.

WE ARE ENGAGED & COMMITTED:

We’re committed to guaranteeing inclusive recruitment processes and to advocating for hiring and promoting each candidate in an ethical and equitable way.

The Group strictly prohibits discrimination against any applicant for employment because of the individual’s gender identity or expression, sexual orientation, visible and/or invisible disabilities, socio-economic and/or multicultural origins, health conditions, age, religion or any other characteristics protected by law.

We are proud to be an equal opportunity employer.