Bonus System Specialist / Rewards specialist

Requirements

• Experience in the development of bonus programs for commercial staff
• Experience in performance management projects
• Skills in taking audits of bonus programs, analysis of its efficiency, preparing audit reports, and follow-up implementation of recommendations
• Strong skills in Excel

Will be plus

• Experience in managing total rewards
• Understanding of KornFerry and Mercer methodology

Soft Skills

• Communication skills for taking interviews with all levels of employees (from specialists to C-level)
• Attention to details
• Critical thinking: looking for proofs, analysis from different points of view
• Writing skills: prepare audit reports with summary and detailed information
• Ability to work autonomously on tasks, demonstrate deep understanding of existing motivation programs

Responsibilities

• Bonus Programs Design & Implementation:
  – Design and develop performance-based bonus programs in collaboration with department Heads and the Compensation Manager.
  – Ensure bonus programs are aligned with company goals, employee performance metrics, and industry standards.
  – Automate bonus systems to improve efficiency, transparency, and scalability.
• Bonus System Optimization:
  – Regularly review and optimize bonus programs based on feedback, business performance, and market trends.
  – Analyze the effectiveness of current bonus systems, identifying opportunities for improvement to ensure they remain motivating and fair.
  – Provide recommendations to ensure bonus structures are competitive and support employee retention and attraction.
• Documentation & Communication:
  – Create detailed documentation and clear communication materials for employees, explaining bonus eligibility, metrics, and payout structures.
  – Work closely with HR and department heads to ensure employees are informed and have easy access to bonus program information.
• Collaboration with Stakeholders:
  – Collaborate with finance and HR to ensure the timely and accurate payout of bonuses.
• – Work with department heads to customize bonus structures that meet specific business unit needs while aligning with company-wide goals.
  – Ensure consistent application of bonus-related policies across all departments and locations.
• Market Benchmarking & Analysis:
  – Stay up-to-date with industry trends and market practices in bonus program design and implementation.
  – Benchmark the company’s bonus structures against competitors to ensure competitiveness and cost-effectiveness.

Our stack

• Google Spreadsheets and Docs
• Pivots

• KPIs automation in Excel

   

Benefits

• An exciting and challenging job in a fast-growing business groups, the opportunity to be part of a multicultural team of top professionals in Development, Architecture, Management, Operations, Marketing, Legal, Finance and more
• Great working atmosphere with passionate experts and leaders, sharing a friendly culture and a success-driven mindset is guaranteed
• Beautiful offices in Warsaw, Limassol, Kyiv, Almaty, Yerevan — work remotely or on-site with comfort and enjoy the opportunity to build a network of connections with professionals day by day
• Modern corporate equipment based on macOS or Windows and additional equipment are provided
• Paid vacations, sick leave, personal events days, days off
• ️Corporate health insurance program for your well-being
• Referral program — enjoy cooperation with your colleagues and get the bonus
• Educational programs: regular internal training sessions, compensation for external education, attendance of specialized global conferences
• Rewards program for mentoring and coaching colleagues
• Free internal English courses
• Yoga classes to help you stay active and energized
• In-house Travel Service
• Multiple internal activities: online platform for employees with quests, gamification, presents and news, RedCore clubs for movie / book / pets lovers, special office days dedicated to holidays
• Corporate events, team building