Rewards Manager
HFM
full-time
Posted on:
Location Type: Hybrid
Location: Larnaca • Cyprus
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About the role
- Design and implement a comprehensive Global Total Rewards strategy, including base pay, variable pay (bonuses), and long-term incentives.
- Develop a consistent global grading structure and job leveling framework to ensure internal equity across all HFM departments.
- Lead the selection and management of salary survey providers and establish a rigorous annual benchmarking process.
- Draft and implement all rewards-related policies, including relocation packages, promotion pay guidelines, and benefits eligibility.
- Audit existing perks and design a competitive, scalable benefits suite that aligns with the HFM culture.
- Create and govern performance-linked incentive schemes that drive business results.
- Act as the primary subject matter expert for senior leadership and Department Heads on all matters relating to retention and offer positioning.
Requirements
- 8+ years of progressive experience in Compensation & Benefits/Total Rewards, ideally within Fintech, Financial Services, or a fast-paced Global Tech environment.
- Proven track record of setting up HR processes or reward frameworks from scratch rather than just maintaining existing ones.
- Advanced Excel/data modeling skills.
- A self-starter who thrives in ambiguity and can manage the full project lifecycle without a pre-existing roadmap.
- Exceptional English communication skills, with the ability to influence senior stakeholders and "sell" the value of new reward initiatives to employees.
- Bachelor’s degree in HR, Finance, Economics, or a related field.
- Professional certifications are highly regarded.
Benefits
- Hybrid Work Model (up to 2 days working from home).
- 22 days of Annual Leave (reaching up to 30 days per year based on years’ service)
- Comprehensive Health & Life Insurance (from day one!)
- Friday afternoons off in Summer (July & August)
- Birthday Leave
- Gym Membership (Larnaca)
- Referral Bonus
- Paid Time Off for Training & Education
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Compensation & BenefitsTotal Rewardsdata modelingExcelsalary benchmarkingjob levelingperformance-linked incentivespolicy draftingauditingbenefits design
Soft Skills
communicationinfluencingself-starterproject managementadaptabilityleadershipstrategic thinkingproblem-solvingcollaborationnegotiation
Certifications
HR certifications