Senior Compensation Benefits Analyst

The Senior Compensation & Benefits Analyst will be responsible for the development, implementation, and day-to-day management of compensation programs and processes across ICL companies in Israel.

• This role includes a wide range of responsibilities, such as:
• Managing, planning, and monitoring the annual compensation cycle, including salary adjustments, merit, and short-term incentives.
• Partnering in the creation of compensation models and processes.
• Participating in surveys and reports (e.g., CEB, Bloomberg, ESG, Equal Pay.)
• Building and maintaining internal salary ranges.
• Managing databases, conducts salary reviews and performs labor cost analyses.
• Supporting and advising on collective labor agreements, including economic evaluations.

Requirements

• Bachelor's degree in economics, Business Administration, Industrial Engineering, or a related field – mandatory.
• Minimum of 7 years of experience in Compensation & Benefits and/or Labor Economics in a global company, including at least 2 years in an advanced analytical role.
• Proven experience in designing and/or implementing compensation processes.
• Experience supporting complex collective labor agreements.
• High proficiency in Excel and BI tools (Power BI/Tableau) – mandatory.
• Experience working with payroll and HRIS systems (e.g.,Hilan, SAP, SuccessFactors).
• Fluent in Hebrew and English (spoken and written).

Location: Tel-Aviv