Reward Senior Specialist - Benchmarking

Key Accountabilities and Challanges:

• Assist in collecting and organizing external market data on compensation, benefits, and total rewards practices from various sources, including surveys, databases, and industry reports for both cyclical and project activities.
• Conduct basic analysis of benchmarking data to identify trends and benchmarks relevant to our organization.
• Support development of salary ranges for all countries as part of bp's cyclical processes
• Support planning and execution of benchmarking studies to compare our compensation and benefits practices against relevant market data and industry peers.
• Assist in maintaining benchmarking databases and tools to support ongoing analysis and reporting.
• Support preparation of reports, presentations, and dashboards summarizing benchmarking findings, trends, and recommendations.
• Maintain accurate documentation of benchmarking methodologies, data sources, and analysis procedures to ensure data integrity and transparency.
• Provide administrative and logistical support for benchmarking projects, such as scheduling meetings, coordinating data collection efforts, and tracking project milestones.

Qualification and Accountabilities:

• At least 2 years of experience in compensation, benefits, HR analytics, or a related field, with a focus on market benchmarking and data analysis.
• Strong analytical skills, with proficiency in Microsoft Excel, with familiarity with statistical analysis tools and techniques
• Knowledge of survey design and data collection methods.
• Experience with benchmarking surveys, databases, and tools, such as Korn Ferry Hay, Aon, Mercer, Willis Towers Watson or similar platforms.
• Detail-oriented with a commitment to accuracy and data integrity.
• Excellent organizational and time management skills.
• Ability to work independently and collaboratively in a fast-paced, dynamic environment.
• Strong communication and interpersonal skills, with the ability to work collaboratively in a team environment.
• Ability to adapt to changing priorities and deadlines in a fast-paced environment.
• Proficient in English
• Ability to manage diverse cultural settings.
• As this is a global role, must have flexibility in working across different time zones other than home country

Desirable Criteria:

Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or analytical background

Travel Requirement

Negligible travel should be expected with this role

Relocation Assistance:

This role is eligible for relocation within country

Remote Type:

This position is a hybrid of office/remote working

Skills:

Agility core practices, Agility core practices, Analytical Thinking, Communication, Creativity and Innovation, Customer service delivery excellence, Customer Service Design, Data Management, Decision Making, Developing and implementing strategy, Discovered resource estimation and assurance, Employee and labour relations (Inactive), Extract, transform and load, Global Perspective, Information Security, Leading transformation, Management Reporting, Managing change, Managing strategic partnerships, Measurement and metrics, Organizational Knowledge, Performance and planning, Project and programme management, Stakeholder Engagement, Stakeholder Management {+ 2 more}

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Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.