Senior Compensation Benefits Analyst

3 days ago

Be'er Sheva South District, Israel ICL Group Full time ₪100,000 - ₪120,000 per year

The Senior Compensation & Benefits Analyst will be responsible for the development, implementation, and day-to-day management of compensation programs and processes across ICL companies in Israel.

  • This role includes a wide range of responsibilities, such as:
  • Managing, planning, and monitoring the annual compensation cycle, including salary adjustments, merit, and short-term incentives.
  • Partnering in the creation of compensation models and processes.
  • Participating in surveys and reports (e.g., CEB, Bloomberg, ESG, Equal Pay.)
  • Building and maintaining internal salary ranges.
  • Managing databases, conducts salary reviews and performs labor cost analyses.
  • Supporting and advising on collective labor agreements, including economic evaluations.

Requirements

  • Bachelor's degree in economics, Business Administration, Industrial Engineering, or a related field – mandatory.
  • Minimum of 7 years of experience in Compensation & Benefits and/or Labor Economics in a global company, including at least 2 years in an advanced analytical role.
  • Proven experience in designing and/or implementing compensation processes.
  • Experience supporting complex collective labor agreements.
  • High proficiency in Excel and BI tools (Power BI/Tableau) – mandatory.
  • Experience working with payroll and HRIS systems (e.g.,Hilan, SAP, SuccessFactors).
  • Fluent in Hebrew and English (spoken and written).

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