Cases

Lead Compensation and Benefits Specialist

2024-09-10 17:27 HR
Lead Compensation and Benefits Specialist

Client Description

Our client is a leading online educational platform that provides modern and in-demand courses for professional development across various industries.
Task

Due to the company's geographical expansion and growing workforce, there was a need for a Compensation and Benefits Specialist. This expert would play a key role in designing and managing reward and benefits programs, ensuring competitive and attractive working conditions for employees at all levels.
Key requirements

  • Excellent communication skills to engage with employees and management at all levels and to present and explain complex concepts.
  • Ability to analyze salary, bonus, and benefits data, and develop competitive compensation packages.
  • Deep understanding of current trends and standards in compensation and benefits across different markets, with a focus on international practices.
  • At least 3 years of experience in compensation and benefits within international companies.
Process

We started by creating a detailed search map, outlining the key requirements and criteria for the Compensation and Benefits Specialist. Our focus was on candidates with experience in international companies and deep knowledge of regional labor market specifics.

We utilized various channels for sourcing candidates: leveraging our network, engaging trusted contacts and partners, and exploring specialized professional communities and platforms.

Regular updates were provided to the client on the labor market situation, including the availability of specialists, compensation expectations, and recommendations for adjusting the role requirements or offer. This approach allowed us to effectively manage expectations and keep the client informed throughout the search process.
Result

As a result of our search, we identified a highly qualified Compensation and Benefits Specialist who was initially not considering a job change and was based abroad. Thanks to our targeted strategy and personalized approach, we successfully attracted this candidate, providing the company with the necessary expert to address the challenges of geographic expansion and workforce growth.

Vacancy closing period: 31 days
Conversion from candidates to accepted offer: 20%
Candidates found and screened: 44