Total Reward Senior Manager

Position

The Total Reward Senior Manager is responsible, within the framework of policies and guidelines defined by the LVMH Group, for implementing the most suitable compensation policies for the management of the Company's talents and professionals, and for the welfare strategy worldwide, as well as for the management of benefits.

He/She participates in the design and oversees, with the entire company as its scope, the implementation of compensation policies and plans that ensure competitiveness with respect to the reference market, internal equity, motivation, and retention of resources.

Job responsibilities

Compensation & Benefit

• Supports specific analyses regarding total rewards and assists the manager in defining the company's compensation policies worldwide, with particular attention to variable components for all personnel and for specific segments of the population (offices, operations, and retail).
• Defines, proposes, and monitors incentive systems for the entire population in order to guarantee internal equity and local adaptation where necessary.
• Ensures constant monitoring of the compensation market of interest to the Company, as well as participation in compensation surveys, identifying the correct competitive positioning.
• Coordinates and manages the annual Compensation Review (ICR) process in accordance with all other related elements (performance evaluation, MBO, second-level bargaining, and budget) in accordance with LVMH guidelines.
• Collaborates in the management of the company MBO system, supporting the Business and HR Managers in deployment at all levels.
• Is responsible for the definition of individual compensation packages both during new hires and during the compensation policy.
• Deals with the definition of packages for expats in line with group policy and manages periodic reporting.
• Manages the Opex HR budget (excluding labor costs) and prepares supporting documentation.
• Manages company benefits and related policies in compliance with current tax regulations in individual countries.

Welfare

• Responsible for the conception, development, and implementation of welfare and wellbeing policies dedicated to all employees worldwide.
• Leads and monitors the progress of promoted initiatives and services, including through dedicated reporting.
• Analyzes the actual needs and requirements of individuals in order to introduce new elements and make the welfare offer increasingly aligned with employee needs.
• Ensures the management and respect of the budget dedicated to welfare and wellbeing initiatives.
• Ensures full adherence to the reference legislation and the development of initiatives to seize new opportunities offered by it.
• Manages relationships with external partners and internal stakeholders in order to maximize the success of promoted initiatives.
• Implements and manages the communication plan of initiatives by interfacing with Internal Communications.
• Manages flexible benefits for Italy, conversion of bonuses provided for by the company supplementary agreement.

Profile

• Master's degree in a scientific/economic field
• Solid experience in the role within multinational companies; experience in a consulting firm is a plus
• Experience in the industrial sector and with supplementary agreements
• Excellent numerical analysis skills and solid experience with calculation tools (Excel).
• Knowledge of HR systems (SuccessFactors)
• Experience in designing and monitoring incentive systems
• Project management skills
• Excellent knowledge of the English language