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Compensation and Benefits Manager

W.A.G. payment solutions

W.A.G. payment solutions

Accounting & Finance
Prague, Czechia
Posted on Wednesday, June 19, 2024

Company Description

WE are EW - founded just over 27 years ago, EW Group, also known as Eurowag, stands as one of the fastest-growing integrated mobility and payment solution companies in Europe. Our dedication revolves around devising solutions that streamline the operations of commercial mobility companies, striving to simplify their everyday challenges.

As part of the Eurowag Group, which comprises a dynamic portfolio of innovative companies, including Sygic, fireTMS, Inelo, WebEye, Princip, KomTeS, and CVS, we collectively play pivotal roles in creating sustainable financial and technological solutions. Each entity contributes to our vision of democratizing the on-road mobility industry, with a focus on positive impacts on our industry, society, and the environment.

At Eurowag Group, we are committed to creating a diverse and inclusive workplace. We encourage women, men, and individuals of all backgrounds to apply and join our team.

Job Description

Position Summary

The Compensation and Benefits Manager is responsible for planning, implementing, and overseeing the company’s compensation and benefits programs. This role involves managing a team of compensation and benefits specialists and ensuring fair and competitive compensation practices. The manager collaborates with HR, hiring managers, and other stakeholders to maintain internal equity and compliance with relevant legislation.

What we expect from you:

  • Lead a team of two compensation and benefits specialists and one benefits specialist. Provide guidance, mentorship, and performance feedback to team members.
  • Evaluate job positions and determine market rates for each role. Use salary surveys and statistical analysis to establish competitive compensation levels.
  • Conduct regular salary benchmarking using sources like Korn Ferry and Mercer. Ensure alignment with market trends and adjust compensation as needed.
  • Design and manage sales compensation plans, including incentives and bonuses.
  • Coordinate annual salary reviews and performance-based bonuses. Ensure consistency and fairness in compensation adjustments.
  • Develop and implement performance management processes, including goal setting, performance appraisals, and development plans. Ensure alignment with organizational objectives and individual performance metrics.
  • Collaborate with HR and hiring managers to align compensation with workforce needs. Monitor position changes and organizational structure.
  • Oversee employee benefits programs, including health insurance, retirement plans, and wellness initiatives.
  • Maintain accurate compensation data. Manage reports and key performance indicators (KPIs) related to compensation and benefits.

Qualifications

  • Bachelor’s degree in HR, Business Administration, or related field (Master’s preferred).
  • Proven experience as a Compensation and Benefits Manager or similar role preferably within an international organization.
  • Strong analytical skills and familiarity with compensation surveys and market data.
  • Knowledge of relevant labour laws and regulations.
  • Excellent communication and leadership abilities.

Additional Information

WHY JOIN US?

EW is diverse, disruptive and still evolving; we choose newcomers not only by skill but also whether they can be real colleagues through shared values. What's more is you will have an opportunity to influence the direction of our company through your ideas.

WE TAKE GOOD CARE OF PEOPLE AND OUR BENEFITS ARE JUST A PROOF:

  • We have flexible working hours and enjoy using home office.
  • 5 weeks of holiday, 3 sick days, cafeteria system of benefits, where you can choose your preferred products/services (meal voucher card, pension contribution, Multisport card, leisure and culture activities).
  • We will provide you trainings and language courses.
  • Employee fuel card enables you to refuel your vehicle at bargain prices.
  • Each of us has a personal donation budget and you can spend one paid day each year as a volunteer during working hours.
  • Referral Rewards through our 'Go Far' scheme.
  • Our modern offices are in a easy reach from the metro station and offering high adjustable standing desks, relaxation rooms, summer terrace, on-site restaurant, bicycle stands and you can enjoy fresh fruit every day.
  • We have dog-friendly offices and a fully-equipped kids corner.
  • Outside the office hours we like to meet regularly at informal gatherings over a glass of wine and have fun at team events.