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Correlation Ventures

Rewards & Performance Strategic Advisor / Head of Rewards &Performance Turkey, Iran and Levant



Istanbul, İstanbul, Turkey
Posted on Friday, August 11, 2023

The Rewards & Performance (R&P) Strategic Advisor role works as a partner on behalf of the Global R&P CoE to execute and support initiatives in the geographies.

  • Act as a Strategic Consultant for business needs related to Rewards & Performance (e.g, competitiveness analysis, hot jobs, targeted compensation mapping, etc.)

  • Conduct market intelligence R&P analysis (Salary Ranges Update, benefits revision)

  • Set and oversee annual compensation cycle including merit budget discussions, design of merit templates, manager/employee communication and training of process.

  • Collaborate with external benefits and compensation advisors/survey houses to stay abreast of emerging trends and proactively put forward recommendations that enable the organization to be competitive and resourceful in our total rewards decisions.

  • Monitor & analyze market trends and competitive practices to ensure recommendations to management regarding merit budgets, individual & organizational salary adjustments, plan design changes and incentive and equity eligibility levels.

  • Bring best market practices via contact with consultancies and external R&P Groups

  • Liaison for the implementation of Global R&P projects (e.g Performance Impact, New STI, etc.)

  • Design local benefits program including market alignment and cost vs impact analysis (e.g. Health Plan, Flex Benefits, Car Policy, etc.)

  • End to end management of the annual insured benefits (medical plan, life insurance) plan renewal.

  • Ensure that Flexible Benefits program is timely renewed based on latest market trends and employee expectations.

  • Create and execute change / project management plans associated with the implementation of large and complex benefit plan changes (pension plans, flexible benefits schemes, car policy etc.)

  • Provide people analytics and predictive data for strategic R&P priorities (e.g. Pay Equity)

  • Provide strategic advice on grading decisions of the roles within his/her perimeter

  • Undertakes evaluation of new/existing roles to assign a job grade.

  • Support People Director on cost analysis, regarding social plans and collective negotiations. Contribute to cost analysis for industry/pharma segment national contract renewal and strategic negotiations such as profit sharing

  • Manage vendor relationships on a per-need basis

  • Collaborate with COE & People Excellence teams to drive best in class service to colleagues and educate the wider People function on reward principals, governance, policy and processes.

Key Skills and Experience

  • Min 7 years of reward experience including the development and implementation of policy, frameworks, strategy, and development of reward plans.

  • Strong experience on job evaluation methodology, preferably WTW and Korn Ferry.

  • Have exceptional stakeholder relationship skills and can build strategic partnerships

  • A positive ‘can-do' approach, and a creative mentality to produce creative approaches

  • Strong project management skills, including a proven ability to manage competing priorities and multiple stakeholders.

  • Excellent communication and presentation skills, both verbal and written

  • Demonstrable experience of working effectively within a matrix organisation

Terms of Employment

  • This full-time position does not have people management responsibility.

  • There might be some travel required for this position.

What Sanofi Can Offer You

  • Benefits to enhance your life journey

  • Development opportunities to own your future

  • An open and inclusive environment where you can be yourself

  • Social activities and wellbeing programs to support your life

We chase the miracles of science to improve people’s lives.

We are Sanofi, an innovative global healthcare company. We chase the miracles of science to improve people’s lives.

Our team, across some 100 countries, is dedicated to transforming the practice of medicine by working to make the impossible into the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people globally, while putting sustainability and social responsibility at the center of our commitments.

We are one of the largest pharmaceutical companies in Turkey, serving public health for with more than 1,600 employees. Adding value to local economy and development in Turkey, we offer a broad range of products including innovative therapeutic solutions, biotechnological pharmaceuticals, vaccines, and consumer healthcare products.

Our factory in Lüleburgaz is one of the leading pharmaceutical manufacturing plants in Turkey. It is also among the top three Sanofi production sites worldwide in terms of its manufacturing capacity. Our manufacturing site, produces high-quality pharmaceuticals in many different forms in accordance with global health standards, and develops generic medicine at its on-site R&D Center.

Pursue progress.

Discover extraordinary.

Better is out there. Better medications, better outcomes, better science. But progress doesn’t happen without people - people from different backgrounds, in different locations, doing different roles, all united by one thing: a desire to make miracles.

So let’s be those people.

Let’s explore more, and share a purpose, as well as our skills. Let’s reinvent healthcare, chase change, and embrace new ideas. Let’s take bigger risks and find better solutions for the people we help.

Let’s pursue progress.

And let’s discover extraordinary, together.

At Sanofi diversity and inclusion is foundational to how we operate and embedded in our Core Values. We recognize to truly tap into the richness diversity brings we must lead with inclusion and have a workplace where those differences can thrive and be leveraged to empower the lives of our colleagues, patients and customers. We respect and celebrate the diversity of our people, their backgrounds and experiences and provide equal opportunity for all.