FBS Compensation Analyst

FBS – Farmer Business Services is part of Farmers operations with the purpose of building a global approach to identifying, recruiting, hiring, and retaining top talent. By combining international reach with US expertise, we build diverse and high-performing teams that are equipped to thrive in today’s competitive marketplace.

We believe that the foundation of every successful business lies in having the right people with the right skills. That is where we come in—helping Farmers build a winning team that delivers consistent and sustainable results.

Since we don’t have a local legal entity, we’ve partnered with Capgemini, which acts as the Employer of Record. Capgemini is responsible for managing local payroll and benefits.

What to expect on your journey with us:

• A solid and innovative company with a strong market presence

• A dynamic, diverse, and multicultural work environment

• Leaders with deep market knowledge and strategic vision

• Continuous learning and development

Requirements

Summary:

This role will be crucial in supporting our compensation and HR controlling strategies in a decentralized HR structure aligned with the global headquarters. The ideal candidate will have an understanding of compensation principles in international markets, excellent analytical skills, and financial data experience. You will work closely with the broader HR team and stakeholders including Employer of Record (EOR) partners, HR Business Partners (HRBP), and Hiring Managers (HM) from headquarters to ensure compliance, accurate reporting, cost efficiency, and data-driven decision-making related to compensation

Responsibilities:Compensation Analysis:
Support the administration of compensation programs, including salary reviews, bonus plans, and equity programs.

Conduct data analysis to support compensation for benchmarking and market research.

Assist in the preparation of compensation proposals and recommendations.

Ensure data accuracy and integrity within compensation-related processes.

HR Controlling:

Assist in the development and monitoring of HR budgets related to compensation.

Track and analyze compensation-related expenses, identifying variances, and providing insights.

Prepare regular and ad-hoc reports on compensation costs and trends.

Contribute to the development and implementation of cost-saving initiatives within HR.

Collaboration:

Partner with HR Business Partners, Recruiters, and Finance teams on compensation-related matters.

Collaborate with EOR providers and global HR stakeholders to ensure alignment with headquarters' strategy across countries

Provide data and insights to support HR projects and initiatives.

Skills:Proven experience as a Compensation Analyst. - 2 years of Experience

English proficiency - Advanced

Excellent analytical and problem-solving skills with the ability to interpret and present data effectively. - Intermediate
Solid understanding of compensation principles and practices in international markets working with several countries. - Intermediate
Strong attention to detail and commitment to data accuracy
Good communication and interpersonal skills

Benefits

This position comes with a competitive compensation and benefits package.

• A competitive salary and performance-based bonuses.

• Comprehensive benefits package.

• Flexible work arrangements (remote and/or office-based).

• You will also enjoy a dynamic and inclusive work culture within a globally renowned group.

• Private Health Insurance.

• Paid Time Off.

• Training & Development opportunities in partnership with renowned companies.