LVMH Compensation & Benefits Manager

LVMH Perfumes & Cosmetics, a distinguished division of the LVMH conglomerate, is renowned for its commitment to excellence and innovation in the luxury sector. As a leader in the global market, the company offers a dynamic and enriching work environment that fosters professional growth and development.

1. Monitor and analyze market trends to ensure external competitiveness and drive the UK&I Compensation & Benefits strategy.
2. Act as the local Reward subject matter expert, providing consultancy and guidance to HR and business stakeholders.
3. Ensure alignment between local reward practices and HQ/Group frameworks.
4. Lead and contribute to Reward digitalization initiatives and systems optimization.
5. Promote transparency and understanding of Reward structures across the UK&I region.
6. Define and monitor Reward KPIs and D&I metrics, such as pay equity ratio and gender pay gap.
7. Conduct detailed internal and external equity analysis to support HRBPs and business leaders in decision-making.
8. Provide robust reporting and insights to senior leadership and GM level to support strategic workforce planning.
9. Lead the annual compensation review process in partnership with local management and HQ.
10. Ensure compliance with LVMH Group budget guidelines and governance.
11. Calculate and manage the annual merit increase and bonus budget in line with methodology and financial targets.
12. Prepare and present status reports to senior leadership to support informed decision-making.
13. Manage bonus accruals and ensure accurate and timely execution of incentive payments.
14. Oversee job grading and salary benchmarking using Mercer and Hays methodologies.
15. Design and structure competitive salary packages for new hires.
16. Partner with HQ to manage internal mobility processes, including compensation structuring and end-to-end coordination of visa applications where applicable.
17. Oversee the administration and governance of employee benefits, including pension, PMI, life assurance, and income protection.
18. Lead annual renewal negotiations with benefits brokers and providers.
19. Conduct cost analysis and feasibility studies for new benefit offerings.
20. Monitor reward spends against approved budget and proactively identify risks or deviations.
21. Collaborate with LVMH sister companies to share best practices and leverage LVMH Group synergies.
22. Deliver Reward training sessions to HR and line managers to ensure understanding and transparency of reward policies.
23. Lead and implement UK&I Group Reward projects and local initiatives ensuring consistency and compliance.
24. Drive continuous improvement of Reward processes and governance.

1. Degree in HR, Business, Finance, or related field.
2. Minimum 5 years’ experience in Compensation & Benefits within a retail or commercial environment.
3. Proven Total Reward management experience.

1. Advanced analytical skills with the ability to translate data into actionable insights.
2. Experience managing reward budgets and forecasting.
3. Strong stakeholder management skills with the ability to influence senior leaders.
4. Excellent communication and presentation skills.
5. Strong project management capabilities and ability to manage multiple priorities.
6. Advanced MS Office skills, particularly Excel and PowerPoint.
7. Solid knowledge of job evaluation methodologies.
8. Fluency in English; additional languages are an advantage.

Minimum 5 years of experience in Compensation & Benefits within a retail or commercial environment.

Degree in HR, Business, Finance, or related field.

Comprehensive benefits package including pension, private medical insurance, life assurance, and income protection.

LVMH Perfumes & Cosmetics fosters a culture of innovation, collaboration, and excellence. The company values diversity and inclusivity, encouraging employees to bring their unique perspectives and talents to the table. The work environment is dynamic and fast-paced, offering ample opportunities for professional growth and development.