(Senior) Rewards Manager

About the role

The role is responsible for designing and managing innovative Rewards programs, and contributing to and implementing Rewards strategies for CHANEL Korea that serve the CHANEL difference. As a Reward Manager, you will be leading CHANEL Korea's overall compensation and benefits policy development and maintenance. Together with the cooperation from various local P&O teams including HR Business Partners and HR Operations, the role will play a critical role in terms of governing the overall Rewards programs in line with the regional and global guidelines.

What you'll do

• Support the design and review of the reward programs in close partnership with internal and external experts of various areas such as compensation, benefits, and mobility
• Support various business divisions from rewards perspective in alignment with the overall compensation and benefit philosophy. Provide analysis on plan effectiveness
• Lead regular Retail Compensation and Sales Incentive plans review and propose changes as appropriate
• Conduct regular and insightful analysis on the pay competitiveness against comparable market and industry
• Advise market P&O teams and business managers regarding rewards programs and offer proposals
• Provide analysis and market intelligence supporting union negotiation process / cycles in close partnership with market P&O, employee relations team and business HR
• Support the implementation of competitive benefits and wellness programs with selected vendors and in close partnership with Benefits/Wellness expert
• Conduct job evaluation in close partnership with Comp expert, market P&O and business managers
• Manage job evaluation records and conduct annual review on job grades
• Advise appropriate Job Profiles and benchmark proposal for new and/or evolved positions
• Manage Annual Compensation Review (ACR) cycles
• Collect and analyze market trends on merit increase and macro economic data in order to prepare merit increase proposal
• Provide rewards related budgetary advice to market P&O and Finance as necessary
• Develop, maintain and execute manager trainings for ACR
• Conduct annual benefits review to ensure competitiveness of benefits provisions

Requirements

• University degree or higher, major in HR, Business Administration or related disciplines
• Fluent in spoken and written English
• Minimum 10 years' experience with specialized expertise in rewards management, preferably in multinational organizations, retail business or companies in innovative industries
• Strong experience leading and implementing rewards projects. Well versed with local employment law
• Working knowledge on designing sales incentive plans and expatriate compensation management is essential
• Good knowledge on job evaluation methodology
• Good interpersonal skills to engage professionally with different levels of stakeholders for close work partnership locally and regionally

Preferred qualifications

• Fluency in Korean is a plus

Benefits

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