Bonus System Specialist

About the Position

We are seeking a Bonus System Specialist to join our fast-growing business group. In this role, you will be responsible for designing, implementing, and optimizing performance-based bonus programs.

Responsibilities

• Bonus Programs Design & Implementation:

  • Design and develop performance-based bonus programs in collaboration with department heads and the Compensation Manager.
  • Ensure bonus programs are aligned with company goals, employee performance metrics, and industry standards.
  • Automate bonus systems to improve efficiency, transparency, and scalability.

• Bonus System Optimization:

  • Regularly review and optimize bonus programs based on feedback, business performance, and market trends.
  • Analyze the effectiveness of current bonus systems, identifying opportunities for improvement to ensure they remain motivating and fair.
  • Provide recommendations to ensure bonus structures are competitive and support employee retention and attraction.

• Documentation & Communication:

  • Create detailed documentation and clear communication materials for employees, explaining bonus eligibility, metrics, and payout structures.
  • Work closely with HR and department heads to ensure employees are informed and have easy access to bonus program information.

• Collaboration with Stakeholders:

  • Collaborate with finance and HR to ensure the timely and accurate payout of bonuses.
  • Work with department heads to customize bonus structures that meet specific business unit needs while aligning with company-wide goals.
  • Ensure consistent application of bonus-related policies across all departments and locations.

• Market Benchmarking & Analysis:

  • Stay up-to-date with industry trends and market practices in bonus program design and implementation.
  • Benchmark the company’s bonus structures against competitors to ensure competitiveness and cost-effectiveness.

Requirements

• Experience in development of bonus programs for commercial staff
• Experience in performance management projects
• Skills in taking audits of bonus programs, analysis of its efficiency, preparing audit reports, and follow-up implementation of recommendations
• Strong skills in Excel

Nice to Have

• Experience in managing total rewards
• Understanding of KornFerry, Mercer methodology

We Offer

• An exciting and challenging job in a fast-growing business group, the opportunity to be part of a multicultural team of top professionals in Development, Architecture, Management, Operations, Marketing, Legal, Finance, and more
• Great working atmosphere with passionate experts and leaders, sharing a friendly culture and a success-driven mindset is guaranteed
• Beautiful offices in Warsaw, Limassol, Kyiv, Almaty, Yerevan; work remotely or on-site with comfort and enjoy the opportunity to build a network of connections with professionals day by day
• Modern corporate equipment based on macOS or Windows and additional equipment are provided
• Paid vacations, sick leave, personal events days, days off
• Corporate health insurance program for your well-being
• Referral program: enjoy cooperation with your colleagues and get a bonus
• Educational programs: regular internal training sessions, compensation for external education, attendance of specialized global conferences
• Rewards program for mentoring and coaching colleagues
• Free internal English courses
• Yoga classes to help you stay active and energized
• In-house Travel Service
• Multiple internal activities: online platform for employees with quests, gamification, presents, and news, RedCore clubs for movie/book/pets lovers, special office days dedicated to holidays
• Company events, team buildings

About the Company

Join PIN-UP and take your career to the next level. Create trends, don’t follow them.