Marelli
Total Rewards Manager
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Job Description
Become a Part of the Marelli Team
We are a global independent automotive supplier with a passion for performance and speed. We are pioneers of the future of mobility. Our story is built on innovation and manufacturing excellence.
Every day, we drive change and co-create what comes next. Our purpose is simple yet ambitious: "Let's push the boundaries together. We aspire to shape future mobility dreams and turn them into reality.”
Joining the Marelli Total Rewards team means becoming a part of something bigger, a place where you can explore your potential, and pioneer innovation.
As a global yet fast-evolving company, we're looking for team members who want to grow and evolve with us.
About the Position
We are looking for a Total Rewards Manager. This position is based in our office at 4th Floor, 15 Sackville Street, London W1S 3DJ.
The Manager Compensation plays a pivotal role in leading our compensation strategy and ensuring that our pay practices are competitive, equitable, and aligned with our company’s objectives. This role involves overseeing the design, implementation, and administration of Marelli’s compensation programs, including base pay, incentive pay, and equity plans. The role requires a strategic thinker, with a deep understanding of global compensation trends and the ability to apply them within Marelli to attract, motivate, and retain top talent.
Responsibilities
- Program Design and Management: Oversee the creation and management of compensation programs, including salary structure, incentive schemes, and equity plans that are competitive and consistent.
- Market Analysis: Conduct comprehensive benchmarking analyses and surveys to inform compensation decisions and maintain Marelli’s competitive edge in the market.
- Compliance and Governance: Ensure all compensation programs are in compliance with governmental laws and regulations across all regions Marelli operates in.
- Collaboration and Advisory: Serve as the key compensation consultant to leadership and HR business partners, providing expert advice and recommendations on pay decisions, policy interpretations, and job evaluations.
- Analytics and Reporting: Utilize data and analytics to report on compensation metrics and insights, driving informed decision-making and reporting to senior management.
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Key Responsibilities
- Strategic Leadership: Lead the development and execution of Marelli’s compensation strategy, ensuring it supports our business goals and complies with legal requirements.
Qualifications
- Minimum Education: Bachelor’s degree in Human Resources, Business Administration, Finance, or a closely related field.
- Minimum Experience: 5 years of progressive experience in Compensation, with at least 3 years in a management role, preferably in a similar industry.
- Skills: Exceptional analytical and problem-solving abilities, excellent communication and interpersonal skills, and deep knowledge of compensation planning, strategy, and tax regulations. Should be proficient with HRIS systems and data analysis tools.
Other Skills Welcomed
- Working knowledge and experience of European Pay Transparency
- Deep knowledge and understanding of both Short and Long-Term Incentive Plans
- Previous experience of a business owned by Private Equity would be ideal
Expectations
- Successfully design and implement innovative compensation programs that are well-received by employees and recognized for equity and competitiveness.
- Achieve a noticeable improvement in employee satisfaction with compensation, as measured by employee surveys.
- Enhance the efficiency and accuracy of compensation processes and reporting, setting a benchmark for operational excellence in compensation management.
- Develop and mentor a high-performing compensation team known for its expertise and strategic contribution to Marelli’s success.
What This Position Offers
- Fast-paced yet supportive and high-performing international team with an inspiring ambition to transform the future of mobility.
- Support in onboarding and further training that will set you up with Marelli's speed.
- A hybrid work model, that will allow you to work from home up to 50% of the time. This will help you to achieve work-life balance, combining the best of both spending time working remotely, benefitting from focus time, and purposeful co-creation time in the office.
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Take the Next Step
Together, we will drive the world towards a safer, greener, and better-connected future. Are you ready to make your mark, shape the future of the automotive industry, and drive the growth of Marelli?
Talk to us! To apply, submit your application via our Website or LinkedIn.
About Us
Marelli is one of the world’s leading global independent suppliers to the automotive sector, with a strong and established track record in innovation and manufacturing excellence. Our goal is to change the future of mobility by working with our customers and partners to create a safer, greener, and more connected world.
Our team supplies all major automotive manufacturers in Asia, Europe, and North and South America and the top racing teams in motorsport world championships. Our technology is purpose-driven and meticulously designed to deliver tangible value that truly matters to our customers.
Our business areas are automotive lighting and sensing, thermal solutions, electronics, green technology solutions, interior experience, propulsion solutions (e-powertrain and powertrain), ride dynamics, motorsport, and aftermarket business.
Within the walls of Marelli, we believe in enabling people to do their best work. Our cultural attributes - Drive Results, Accountable, Entrepreneurial, Inclusive, Innovative, and Aware - are the cornerstones of a new Marelli culture. Be part of it!
At Marelli, we believe in the importance of diversity and inclusion in our workplace. We are committed to nurturing talent in our diverse environment, and we take pride in our various employee resource groups, such as Marelli Women, Brains & Hearts Wellbeing, All Cultures, and Marelli's Rainbow. We believe these groups foster creativity and innovation through the unique perspectives of a multicultural community.
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