Compensation & Benefits Specialist
2 days ago
Since 2011, THE ICONIC has redefined the future of retail in Australia and New Zealand. As the #1 fashion e-commerce destination in the region, our e-commerce platforms (Retail, Marketplace and Services) provide an inspiring and seamless end-to-end customer experience. We DREAM BIG through collaboration and innovation, and are supported to bring incredible ideas to life. We believe in making a positive difference by bringing on the future of shopping to our customers through the power of fashion, sports, home and beauty.
Join our dynamic People & Culture team as a seasoned Compensation & Benefits Specialist, where your expertise will become a game changer for our business In this exciting new role, you'll be pivotal in crafting compensation frameworks that are not only enticing but also perfectly aligned with our business objectives. Your expertise will be instrumental in shaping and upholding our compensation and benefits structures.
The People Services & Experience team is dedicated to streamlining, optimising, and ensuring compliance in all people-related processes and frameworks. Our ultimate aim? To elevate the experience for both employees and leadership across the business.
**About the role**
- Design, implement and manage fair and equitable compensation and benefits programs, ensuring they are competitive, cost-effective, and that align with industry standards, drive performance and support the company's strategic objectives.
- Maintain job description framework in consultation with leaders and HR Business Partners
- Perform job evaluations and conduct regular market analysis to determine appropriate salary ranges and benefits packages for various positions within THE ICONIC.
- Oversee the annual salary review process, coordinating with HR Business Partners to ensure seamless and timely execution.
- Utilise Workday as our HRIS to implement, enhance and sustain compensation and benefits programs effectively.
- Provide guidance and support to HR team members and managers regarding compensation and benefits-related matters.
- Foster collaboration with cross-functional teams, including HR, finance, and legal, to ensure effective communication and coordination of compensation and benefits initiatives.
- Stay informed of relevant legislation, regulations, and trends with the help of the Workplace Relations team to ensure all practices are compliant.
- Manage relationships with Compensation & Benefits (C&B) service providers.
- Develop and implement wellbeing initiatives and framework across various locations in close partnership with the Health & Safety team.
**What Success Looks like**
- Tertiary education in HR, Business Administration or related field
- Experience with Workday and related systems will be highly desirable
- Extensive experience in a compensation and benefits role, with a deep understanding of relevant awards and compliance requirements
- Continuous improvement mindset and strong attention to detail
- Strong analytical skills and the ability to interpret and utilise data effectively
- Proven capability to thrive in a dynamic, fast-paced environment
**Life at THE ICONIC**
From our ways of working to our growth mindset and sustainable approach, we each add unique value and have an incredible amount of fun doing it People are our greatest asset and our ICONITE experience is designed to empower you to do your best work. Here's what to expect when you join THE ICONIC:
- **The learning collective.** Get your knowledge fixed with our learning days, hackathons and access to online learning tools.
- **Curate your style.** No matter what your style is, we have got you covered with our Amazing staff discount and our famous sample sales.
- **Wellbeing.** Access to our discounted gym memberships and wellbeing programs.
- **People first.** Access to our Employee Assistance Program for you and your family.
- **Volunteer days.** Work as a Charity Partner with Thread Together for society and environmental change.
- **Furry friend.** We are a dog friendly office for anyone who wants to bring their fur baby to work.
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