Ericsson (Telefonaktiebolaget L. M. Ericsson) is a Swedish multinational provider of communications technology and services. The offering comprises services, software and infrastructure within Information and Communications Technology (ICT) for telecom operators and other industries, including telecommunications and IP networking equipment, mobile and fixed ...
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Head of Compensation Design and Incentives Digitalization
Ericsson is seeking a seasoned professional to lead the enhancement and management of our compensation design practices and digitalize our Short-Term Variable pay processes. This pivotal role will optimize the design of compensation structures for efficiency and fairness while ensuring alignment with industry standards. The successful candidate will collaborate across the organization to refine our compensation design and practices, improve data accuracy, lead the automation of our incentive processes and manage the integration of acquired companies.
What Will You Do
Develop and oversee the design of our pay component catalogue based on relevant internal and external factors, positioning SuccessFactors as the source of reliable truth for automated processes.
Lead initiatives to enhance data accuracy and reliability, ensuring adherence to best practices in data quality management and governance.
Simplify and digitize the STV (Short-Term Variable) and SIP (Sales Incentive Plans) target-setting processes, strengthening the connection between performance metrics and behaviors to drive business outcomes.
Automate the payout processes for STV and SIP with focus on increasing productivity through streamlined operations.
Manage the integration of acquired companies into our Compensation frameworks and solutions.
Stay informed about industry practices and trends. Provide insights and guidance to ensure Ericsson remains at the forefront of compensation design, data quality management and Short-Term Incentive practices.
What You Will Bring
Extensive experience in compensation and reward practices.
Proven track record in designing and implementing innovative reward strategies and solutions that align with organizational goals and streamline operations.
Ability to lead and inspire change, convey technical information to non-technical collaborators to drive consensus and provide direction as a hands-on SME.
Strong project management skills, with the ability to prioritize, plan, and manage multiple complex projects effectively.
Excellent communication skills to convey complex information clearly to diverse audiences and collaborate with stakeholders at all levels
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