Regional Compensation Specialist – EMEA & North America

Job description

Posting Description: Job Code- 11996 Job Title- Regional Compensation Specialist – EMEA & North America Solution Line- Compensation, People Organisation Position type- Full Time Work Location- Bangalore Working style- Hybrid GCF Level- P30 Shift Time- 5.30 PM to 2.30 AM IST People Manager role: No Required education and certifications critical for the role- Bachelor’s degree or equivalent years of industry experience. Required years of experience – 3 + years of relevant experience. AON IS IN THE BUSINESS OF BETTER DECISIONS At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed. INFORMATION ABOUT THE BUSINESS Aon is a leading global professional services firm providing a broad range of risk, retirement, and health solutions. Our colleagues provide clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. GENERAL DESCRIPTION OF ROLE: As a Compensation Specialist, you will use strong organizational, analytical, collaborative and problem-solving skills to provide high-quality outcomes for the People Organization, the business and other stakeholders relating to compensation. With a focus on operational, analytical, regulatory and administrative work, you will deliver day-to-day, cyclical, regulatory, and project-based compensation activity accurately, consistently, and on time. JOB RESPONSIBILITIES: You will work as a key partner of the compensation team to deliver work across a varied portfolio of activity, including: • Manage and coordinate tasks, documentation, trackers, approvals, and stakeholder follow-ups for assigned compensation activities across the compensation remit. • Audit, prepare, validate and reconcile compensation data, templates, reports, and system inputs. • Use data management, analytical, and problem-solving skills to deliver annual compensation planning and execution, as well as other cyclical processes through data preparation, testing, tracking, reporting, and issue resolution. • Respond to compensation queries from a variety of stakeholders and use sound judgement to provide practical guidance. • Monitor completion of actions and escalate risks, exceptions, data concerns, and policy-sensitive matters to the appropriate Compensation lead. • Provide flexible support for projects, regulatory requirements, audits, and emerging operational priorities. Program and Activity Support • Coordinate and execute the administration of salary changes, promotions, incentive awards, and other compensation actions, as assigned. • Coordinate regional compensation programmes and recurring activities, maintaining accurate records, process documentation, and audit trails. • Analyse and interpret compensation data to identify trends, anomalies, incomplete actions, or potential data-quality issues and deliver preliminary recommendations. • Conduct periodic audits and reconciliations of colleague, plan, budget, and compensation data, coordinating agreed remediation actions. • Play a key role in supporting the annual compensation cycle, with a focus on data validation, communication materials, testing, reconciliation, reporting, query resolution and follow-up. • Manage, track and process various compensation element commitments and corresponding budget; ensure key stakeholders are informed of budget trending on a periodic basis. • Execute compensation program review process, including refreshing templates, gathering relevant data, analyzing data, developing synthesized presentation materials and coordinating inputs from key stakeholders. • Assist with regulatory and statutory activity, such as minimum or living wage reviews, pay-related reporting, data requests, and implementation tracking, under the direction of the regional Compensation team. • Undertake job matching, data extraction, file preparation, validation, and coordination with country teams or the global survey lead, as required to deliver salary survey participation for the region. • Coordinate with People Partners, HR Operations, Payroll, Finance, Talent Acquisition, Legal, and other stakeholders to deliver accurate and timely implementation. • Maintain regional compensation guidance, templates, trackers, shared sites, and other operational materials so that information remains current and accessible. • Prepare structured data, summaries, and supporting documentation for audits, governance reviews, leadership requests, or regional projects. • Provide additional operational, analytical, reporting, and administrative support to the aligned regional Compensation team as business priorities require. • Identify opportunities to improve processes and procedures to improve efficiency and effectiveness.. SKILLS/COMPETENCIES REQUIRED: • Relevant experience in compensation, rewards, HR operations, people analytics, or a similarly data-focused HR environment; regional experience is preferred. • Working knowledge of compensation principles and processes, such as salary administration, salary structures, job evaluation, market data, incentives, pay equity, or compliance. • Strong organisational skills and the ability to manage multiple recurring activities, deadlines, and stakeholder follow-ups. • Analytical and problem-solving skills, with experience collecting, validating, reconciling, and interpreting data to design solutions. • Strong attention to detail and accuracy, particularly when handling confidential colleague and compensation information. • Clear and collaborative communication skills, with the ability to work effectively with Compensation colleagues, People Partners, and other inte