Group Compensation Specialist

Group Compensation Specialist

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values of our Houses, through a process of permanent creativity.

The Group Rewards team is looking for a Group Compensation Specialist to support the design, implementation, and management of compensation practice and processes across the Richemont Group.

This position involves close collaboration with key stakeholders, including Maisons, Regions, and Group Central Functions, to ensure alignment with business strategy and a consistent approach to rewards and compensation more specifically. You will interact on a daily basis with global partners, Regions and Markets on the implementation and management of compensation processes and projects.

In this role, you will:

• Implement and maintain the Group compensation practices, ensuring alignment with legal and regulatory requirements.
• Monitor the effectiveness of compensation programs and make recommendations for improvements.
• Support Maisons, Regions and Central Functions on the annual compensation review process and other compensation processes (external benchmarks, internal equity analyses, short-terms-incentives, long-term incentives, package definition).
• Develop partnerships with Maisons, Regions and Central Functions to support and advise on compensation-related matters adapted to business priorities, local realities, and context, ensuring consistency with the overall Group rewards strategy.
• Provide benchmarks and analyses related to internal and external trends and competitive positioning to ensure Richemont's rewards offerings are attractive and competitive and to drive optimal decisions related to compensation matters.
• Support ad hoc compensation-related global projects (e.g., pay equity initiative, job grading, digital transformation, commission schemes) and accompany implementation with Maisons, Regions and Central Functions.
• Contribute to the road map of the Group Rewards team, partnering with Benefits and International Mobility colleagues.

How will you experience success with us?

You have a previous experience in compensation and HR and are comfortable with analyses and operational tasks.

Acting as a team-player, you build challenging partnership with your stakeholders based on strong analytical & synthesis skills and ability to influence and embark people in both English and French.

Curiosity and innovative thinking will also contribute to your success.

You:

• University Master's Degree level education or equivalent
• 2+ years' experience in Rewards or closely related area, with experience in a multi-national organization.
• Strong interpersonal and communication skills to work effectively with a multitude of stakeholders at all levels of the organization
• Strong Business Acumen
• Ability to work autonomously and proactively
• Ability to deal with complexity and ambiguity in a fast-paced environment.
• Excellent analytical and problem-solving skills
• Proven project and change management skills
• Fluent in English, any other language is a plus
• Experience with Workday or Visier is a plus

What makes our group different?

• We value freedom, collegiality, loyalty, and solidarity.
• We foster empathy, curiosity, courage, humility, and integrity.
• We care for the world we live in.

Your journey with us

If your application is selected, we will reach out shortly for an introductory call.

As part of the interview process, we always ensure complete insight and transparency; namely, you will have the chance to meet people who will be crucial to your future success in the role.