Expert - Total Rewards Benchmarking

At Bayer we’re visionaries, driven to solve the world’s toughest challenges and striving for a world where ,Health for all, Hunger for none’ is no longer a dream, but a real possibility. We’re doing it with energy, curiosity and sheer dedication, always learning from unique perspectives of those around us, expanding our thinking, growing our capabilities and redefining ‘impossible’. There are so many reasons to join us. If you’re hungry to build a varied and meaningful career in a community of brilliant and diverse minds to make a real difference, there’s only one choice.

Expert - Total Rewards Benchmarking 

YOUR ROLES AND RESPONSIBILITIES

• Conduct annual salary surveys of the countries within his/her scope of responsibility in collaboration with the vendors within the given timelines.
• Evaluate the Bayer jobs using the survey provider methodology (WTW, Mercer, KF, Aon, etc.) involve country HR for alignment if necessary.
• Ensure the overall data quality of the survey submission.
• Upload survey results per county in MarketPay and ensure the quality of the Bayer data in the tool.
• Provide TR benchmark data upon request.
• Run ad hoc job pricing requests in the defined timeline and format.
• Manage access rights for Market Pay and vendor tools/files/sites.
• Monitor external vendor's service quality according to identified standards
• Participate in process improvement initiatives within the Total Rewards Benchmarking space, with focus on harmonization, standardization, and automation.
• Provide consultative guidance to assigned Country TR Expert on Benchmarking topics.
• Support the Global TR Benchmarking Lead in global TR projects as needed

WHO YOU ARE

• University Degree or equivalent, preferably with strong focus on HR quantitative/mathematical analysis.
• Experience as a Compensation Total Rewards Analyst performing market benchmarking activities for a Global company, or as an HR Consultant (Analyst to Associate Level) for WTW, Mercer, Kom Ferry, AON, Birches Group, etc.
• Strong ability to devise and develop solutions with little oversight
• Excellent analytical and conceptual skills
• Proficiency in SAP, Excel, and other IT applications
• Fluent in English for direct communication with Global, Regional and Country TR Experts
• Strong stakeholder management skills, with the ability to build long term partnerships with internal and external stakeholders
• Ability to manage multiple tasks simultaneously with a strong sense of urgency and schedule adherence