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Bonus System Specialist

Redcore Group·Salary not specified

Primary stack

MS Excel

Nice to have's

KornFerryMercer methodology

Job description

About the Position

We are seeking a Bonus System Specialist to design, implement, and optimize performance-based bonus programs for our commercial staff.

Responsibilities

  • 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.
  • 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.
  • 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.
  • 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.
  • 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

Soft Skills

  • Communication skills for taking interviews with all levels employees (from specialist to C-level)
  • Attention to details
  • Critical thinking: looking for proofs, analysis from different points of view
  • Writing skills: prepare audits reports with summary and detailed information
  • Ability to work autonomously on tasks, demonstrate deep understanding of existing motivation programs

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 the bonus
  • Educational programs: regular internal training sessions, compensation for external education, attendance of specialized global conferences
  • Rewards program for mentoring and coaching colleagues
  • 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

[Company description if present]

© Redcore Group. This job description was sourced from the employer's public career page. TheJob is not the employer — we index the posting and route candidates to the source. All content rights and hiring decisions belong to the employer.

Redcore Group logo
Redcore Group

iGaming · 1000+ employees

RedCore Group — міжнародна бізнес-група з головним офісом на Кіпрі, яка розробляє та впроваджує технологічні продукти для цифрових ринків. Компанія фокусується на high-load платформах, custom digital products, regulatory technologies, affiliate/iGaming, fraud prevention, payments, маркетингових і комунікаційних рішеннях. На сайті вказано 4,500+ професіоналів і роботу на глобальних ринках.

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