Compensation and Benefits Manager

About BESTSECRET Group

BESTSECRET is Europe's foremost online platform specializing in premium and luxury off-price fashion. Serving members across 28 countries, the Group offers an exclusive brand portfolio paired with a superior shopping experience. Their unique business model leverages an invitation-only membership system, longstanding collaborations with brand partners, and a tech-centric approach. With a century-long heritage in textile and fashion, BESTSECRET is owned by Permira Funds and founding families Schustermann and Borenstein, supporting around 2,200 diverse employees and generating €1,533.7 million in revenue for 2025.

Key Responsibilities

• Oversee and maintain the group salary framework ensuring alignment with strategic targets and market competitiveness.
• Continuously review and adjust salary bands and grading structures in response to market trends, internal equity, and company evolution.
• Collaborate with HR and leadership to ensure uniform application of salary policies across regions.
• Conduct frequent market benchmarking to guarantee compensation packages remain competitive across industries and geographies.
• Engage external consultants for accurate and current market data analysis.
• Design, implement, and manage performance-driven pay systems including variable annual salaries and long-term incentives, aligning with organizational goals.
• Create and supervise international benefits programs, such as health, retirement, and welfare plans ensuring compliance, competitiveness, and consistency across countries.
• Ensure adherence and alignment with the EU Pay Transparency Directive by overseeing legal compliance, implementing communication strategies, managing tools, and handling annual reporting.
• Lead and mentor a direct report specializing in HR Analytics, AI, and Compensation & Benefits administration.

Required Expertise and Qualifications

• Degree in Human Resources, Business Administration, Finance or a related discipline.
• Certification in compensation and benefits (e.g., CCP or GRP) is advantageous.
• At least 3 to 5 years of experience managing compensation and benefits, particularly in international contexts.
• Experience with German-headquartered companies, especially those with European operations.
• Strong analytical capabilities with skill in interpreting complex data to inform strategic decisions.
• In-depth knowledge of global compensation and benefits trends, practices, and pertinent regulations.
• Proficiency in salary benchmarking tools and compensation management systems.
• Comprehensive understanding of job grading methodologies such as those by WTW or Mercer.
• Exceptional communication skills for explaining complex compensation topics to senior management and employees.
• A passion for innovating compensation and benefits solutions and driving organizational change.
• Experience with SAP SuccessFactors or similar HRIS platforms preferred.
• Self-motivated with a proactive approach in initiatives.

Diversity Commitment

BESTSECRET embraces diversity as a core professional value, fostering an inclusive environment that welcomes applicants from all backgrounds, experiences, and perspectives to contribute to a vibrant and diverse workplace.