Senior Compensation

Staff function People & Culture is looking for a new Senior Compensation & Benefits Specialist within Vattenfall.

Vattenfall is looking for the right person to fill the position as Senior Compensation & Benefits Specialist Germany. The position reports to the Director Compensation & Benefits. The main responsibility for Compensation & Benefits is to develop and drive the Compensation & Benefit agenda for Vattenfall. The Compensation & Benefits team consists of, in addition to the Director C&B, Country leads for Sweden, Germany and The Netherlands respectively and C&B Specialists, all in all 14 persons.

Main tasks and responsibilities

In your role you will provide guidance and expertise on key compensation and benefits matters to ensure our company remains competitive for talent attraction, engagement and retention. You will collaborate with HR and Business leaders to ensure the implementation and management of compensation and benefits programs (e.g. ASR/STI) in Germany consistent with the global C&B strategy and key business needs. As member of the International Vattenfall team of Compensation & Benefits, you also will participate in various projects. Together with the People Service organization you ensure smooth and efficient processes to improve our âways of workingâ.

One important part of the role and the C&B team in Germany is to secure together in alignment with other departments (e.g. Legal) compliant processes for reward elements for Executives (incl. Managing Directors) and their corresponding terms and conditions.

Key deliverables and activities:

• Contribute to the development within the group wide C&B area, being a vital part of the C&B community.
• Accountable for developing and implementing Germany specific policies within C&B.
• You will have a strong focus on Executive Compensation incl. design of terms & conditions, management of contracts, therefore you give advice on compensation and benefits related matters.
• As a subject matter expert you consult and give input to legal and regulatory requirements related to executive reward elements, therefore you exchange with other internal/external experts on those matters.
• You steer the possible adjustment of contract templates, policies & spokesman committee agreements.
• You are able to support the process for preparing draft resolutions, presentations and other documents for the German Supervisory Board considering terms & conditions for Executive and Managing Directors.
• Strong cooperation with the other members of the C&B team to drive the total reward strategy by contributing to group standards and translation of global policies into local regulations considering the guideline for a Swedish state-owned company.
• Keeping yourself up to date with current regulations and monitoring changes in the compensation and benefit area in the EU & Germany, translate them into concrete actions (e.g. EU Pay Transparency Directive).
• Co-operate with HR managers and other internal stakeholder to understand their business demands and to develop solutions. 
• Develop compensation & benefits trainings for HRBPs and other target groups in Vattenfall as well as communication of reward policies and processes to ensure its proper execution.
• Furthermore you contribute to seamless and efficient processes and well accepted âways of workingâ within the People & Culture organization in alignment with the Shared Service organization and other stakeholders.
• Analysis of different data sets to draw conclusions on effectiveness of existing and new reward elements including the provision of reporting information in cooperation with People Analytics.
• Close and good cooperation with the speakerâs committees of âLeitende Angestellteâ (âSprecherausschussâ).
• Delivery of C&B input to Industrial Relations for negotiations with unions and work councils.

Location: Berlin 

Your profile 

Our best candidate has a relevant academic degree in human resources, business administration or law and at least 5 years of C&B experience in an international company, law firm or consultancy.

• You are familiar with various types of reward schemes & processes.
• You are very familiar with Executive remuneration, their terms, conditions and remuneration reports.
• You have experience in the German labor law field or in the area of compensation & benefits, ideally both.
• Experience in instructing shared service organizations (e.g. benefit & pension plan implementations).
• You have a hands on mentality and can work independently and you are not afraid to gets hand dirty.
• You voluntarily share information across departments to empower others.
• Excellent analytical skills and ability for detail orientation.
• You can present complex and sometimes difficult-to-understand issues in a comprehensible and simplified manner; you are also strong in discussion and confident in your appearance.
• You have a high sense of responsibility, integrity and confidentiality.
• You are pragmatic, you plan and prioritize your activities and work effectively with others.
• You are passionate about Vattenfallâs overall impact on society  .
• You have good to excellent MS Office skills.
• You are fluent in German and English.
• You have good written and spoken communication skills to rapidly establish credibility.
• You have a strong match with the Vattenfall experience principles (Open, Active, Positive & Safety).

Our offer 
Good remuneration, a challenging and international work environment, and the possibility to work with some of the best in the field. You will be working in interdisciplinary teams and you can always count on support from committed colleagues. We offer attractive employment conditions and opportunities for personal and professional development. 

More Information 
We welcome your application in English no later than April, 30th 2024 including CV and cover letter. We kindly request that you do not send applications by any means other than via our website as we cannot guarantee that we will be able to process applications that are not made via our website. 

For more information about the position you are welcome to contact the Hiring Manager Jörn Moldenhauer via email: joern.moldenhauer@vattenfall.de. For more information about the recruitment process you are welcome to contact our recruiter Juliane Winkler via email: juliane1.winkler@vattenfall.de 

At Vattenfall we are convinced that diversity contributes to build a more profitable and attractive company and we strive to be good role model regarding diversity. Vattenfall works actively for all employees to have the same opportunities and rights regardless of gender, ethnicity, age, transgender identity or expression, religion or other belief, disability or sexual orientation.

The security of Vattenfall and its employees is essential. For that reason, a pre-employment screening will be part of your recruitment process. The screening is based on the role you will fulfill within Vattenfall. The screening will be performed by a third party, Validata. 
 
We look forward to receiving your application 

Vattenfall is a European energy company with approximately 20 000 employees. For more than 100 years we have electrified industries, supplied energy to peopleâs homes and modernized our way of living through innovation and cooperation. We now want to make fossil-free living possible within one generation. To be able to reach this ambitious goal we are looking for talented individuals who, in addition to their passion for their own role, also have strong team spirit and want to contribute to supporting a meaningful corporate mission.