Director of Global Reward

Would you like to join one of the world’s largest jewellery brand and a globally successful company, with a strong sustainability agenda and dedicated colleagues? And are you motivated by developing and implementing compensation strategies together with HR colleagues who are committed to deliver amazing employee experience? 

We are looking for a highly experienced Director of Global Reward with a focus on Global Compensation to help shape and build our compensation agenda in close collaboration with our local clusters around the world. You will be part of a brand-new Performance & Reward team whose ethos is to foster collaboration and personal development. This is an ideal opportunity for someone to join at an exciting time.

The Role 
You will join a team that interacts with all parts of the organization, and you will communicate with the global organisation and local teams as well as senior leaders in order to build, explain, implement and continue to improve our global compensation approach. You will be part of a small Reward and Performance leadership team, and you will ensure that we are offering a competitive, fair and performance-driven compensation package to all our employees globally.

You will be responsible for the design and ongoing evaluation of Pandora’s Global Compensation program (Salary, short term incentives, sales incentives) for all levels, including Executives, and all parts of the world. You will need to ensure that compensation programs support our business objectives and meet legal requirements.

We will ask you to be, or help you develop into, the person responsible for supporting other areas of Reward such as the development and management of our executive compensation program. You will work closely with your team and the VP of P&R to support the RemCo activities and reporting obligations.

To aid in supporting the best possible employee experience, you will own and ensure that when it comes to pay, all our employees know what they need to know and understand their total compensation. 

Key Responsibilities 

• Lead the Compensation team and provide strategic direction to the development of total compensation including base, short term and long term incentives to ensure competitiveness and align to our strategic objectives
• Develop and maintain job levelling, evaluation methods and compensation structures
• Provide expert advice to the business and HR to ensure decisions are in line with the Reward strategy of the company. 
• Develop and maintain relevant policies and ensure compliance to regulation
• Oversee and manage vendor relationships
• Source market insights and develop effective data analytics to support Compensation strategy and decisions
• Partner with the Employee Services team on using our HRIS system to best support the maintenance of our Compensation and Reward data and implementation
• Deliver in collaboration with the Director of Global Performance the annual Performance & Reward cycle, for performance review, annual salary review and STIP payout in SuccessFactors
• Executive Compensation (including Equity)
  • Responsible for executive reward, including supervise the production of Remuneration Committee support materials and the Annual Remuneration Report
  • Oversee the administration and compliance of the LTIP
• Executive HR Support
  • Ensure team provides oversight of contracts and terms for Vice President (VP) and above globally
  • Designated total compensation partner at VP and above for the HR teams globally in partnership with cluster Performance & Reward Cluster leads

As Director of Global Reward you will indirectly support key group financial objectives such as Growth and Profit. The key stakeholders for this role are the Global HR Leadership Team and Group Finance from Pandora, as well as external salary survey providers to Pandora such as Mercer and Willis Towers Watson.

Team player with international mindset and strong analytical skills 
As the Director of Global Reward, you are a team player who can work effectively with colleagues and partners at all organisational levels, and you utilize your strong stakeholder management skills to be an inspirational strategic advisor within Compensation across our global business. You are customer oriented and are able to establish and maintain effective relationships with stakeholders and gain their trust and respect. Added to that, you have the ability to influence increasingly complex situations and you recognize changes and act upon them to achieve goals. 

We also hope to see that you have and can demonstrate: 

• Minimum 10 years’ extensive experience within the field Compensation including some years in a global, strategic and transformative role 
• Proven track record in recommending and implementing Compensation solutions in strong partnership with business leaders and partners. 
• Ability to interpret complex and large quantity of data
• Strong financial acumen and analytical skills
• Strong communication skills, both in writing and verbally
• Experience as a skilled people leader

Your new team
Pandora is a company with a big heart that takes great pride in treating our people well. You will be part of an exciting business area and work in an international hub of can-do spirited, passionate and performance-driven people. You will be part of the Performance & Reward team of 15 great colleagues in Global Office in Copenhagen but working closely with the wider global organisation. You will lead four skilled colleagues, and you will report to the VP Performance & Reward. 

Did we get your attention? 
We hope you got all your questions answered and feel confident applying for this position, however if you have more questions regarding the position, please contact: 
 
Christian Buch
Global Recruiter
chnbu@pandora.net

If you see yourself in the position and would like to become a part of Pandora’s future please apply. We look forward to hearing from you!

We process applications on a continuous basis, which is why we encourage you to send your application as soon as possible. You can also read more about Pandora on our corporate site www.pandoragroup.com. 

Icing on the cake 
You will be working out of our beautiful Head Office in Copenhagen V, established in 2016 and designed to unite and inspire our teams. Besides our beautiful interior design we are also proud of our LEED Gold Certification for Energy and Environmental Design. This means that we use as few natural resources as possible and that we use them with respect. The result is a professional and dynamic space that is unique, comfortable and inspirational – and delivers a true Pandora experience to anyone who works here or comes to visit.

About Pandora
Pandora is the world's largest jewellery brand. The company designs, manufactures and markets hand-finished jewellery made from high-quality materials at affordable prices. Pandora jewellery is sold in more than 100 countries through 6,500 points of sale, including more than 2,500 concept stores.

Headquartered in Copenhagen, Denmark, Pandora employs 32,000 people worldwide and crafts its jewellery at two LEED-certified facilities in Thailand. Pandora is committed to leadership in sustainability and will purchase only recycled silver and gold for crafting its jewellery by 2025 and halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated sales of DKK 26.5 billion (EUR 3.6 billion) in 2022.

Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity-related elements such as a photo, marital status and age.