LVMH HR Compensation and Benefits Manager

About LVMH

LVMH Perfumes & Cosmetics, a prestigious division of the LVMH Group, offers a dynamic and innovative work environment. As part of a global leader in luxury goods, the company is renowned for its commitment to excellence and its ability to attract and retain top talent. Employees are provided with opportunities to grow and excel in their careers within a supportive and inspiring atmosphere.

Role & Responsibilities

• Design and administer strategic compensation programs, including salaries, incentives, bonuses, and commissions, to attract and retain talent.
• Ensure compensation programs align with company strategy and market competitiveness, proposing improvements as needed.
• Develop and tailor compensation programs for various roles and hierarchical levels within the organization.
• Manage salary review processes in accordance with policies and budgets.
• Participate in salary surveys, analyze results, and conduct benchmarking to enhance program competitiveness.
• Define and implement a benefits strategy aligned with company and employee needs, considering market trends.
• Oversee efficient and quality administration of benefits, evaluating satisfaction and implementing continuous improvements.
• Effectively communicate benefits to employees.
• Serve as a compensation expert, providing advice and support to HR Business Partners and management in strategic decision-making.
• Manage HR budgets and payroll by brand, ensuring financial compliance and accurate cost allocation.
• Lead brand-specific budget planning, develop financial models, and monitor to ensure objective achievement.
• Analyze financial data by brand, generate reports for decision-making, and optimize human capital investment.
• Establish internal controls, ensure regulatory compliance, and participate in audits.
• Identify opportunities for cost reduction and efficiency improvement globally and by brand.
• Participate in annual HR budget preparation in collaboration with department leaders and the Finance team.
• Supervise and control the HR department budget, ensuring financial objectives are met.
• Lead salary cost planning and budgeting by brand, developing financial models with brand controllers and monitoring to ensure objective achievement.
• Generate decision-making reports.
• Utilize data analysis tools to identify trends, patterns, and improvement opportunities in human capital management.

Qualifications

• Bachelor's degree in Accounting, Finance, Human Resources, or related field (MBA preferred).
• Minimum of 7 years in compensation, financial control, or budgeting (retail experience preferred).
• Knowledge of labor laws, compensation, benefits, and finance.
• Advanced Excel skills.
• Experience with Enterprise Resource Planning systems.
• Familiarity with salary survey methodologies.
• Additional courses in compensation and benefits preferred.
• Advanced English proficiency.

Skills

Experience

Minimum 5 years of relevant experience.

Education

Bachelor's degree in Accounting, Finance, Human Resources, or related field (MBA preferred).

Workplace

Benefits

The role offers a competitive benefits package, including opportunities for professional development and career advancement within a leading luxury brand.

Culture

The company fosters a culture of innovation, excellence, and collaboration. Employees are encouraged to contribute to the company's success while developing their skills in a supportive and dynamic environment. The workplace values diversity and inclusivity, ensuring a respectful and engaging atmosphere for all.

About Cerulean

Cerulean is the definitive career portal for the global luxury industry. We match exceptional professionals with exclusive opportunities at the world's most prestigious brands. From haute couture and fine watchmaking to prestige beauty, hospitality, and boutique retail, Cerulean centralises luxury employment to help you find the career for which you were destined.