Global Compensation Manager

Location:

Houston, TX, US, TX, US

Requisition ID: 1112

Description

Hanwha Ocean is undergoing a transformative journey, evolving from a traditional shipbuilder into a comprehensive Engineering, Procurement, Construction, Installation, and Operation (EPCI(O)) solutions provider, offering products such as FPSO, FLNG, Offshore Renewables and other Floating Production Units.

The Offshore Business Division is proud to announce the establishment of new Global Business Centers marking a significant milestone in our journey toward becoming a project-centric and client-driven organization. This strategic expansion enhances our ability to deliver exceptional project execution and knowledge-driven operational models by seamlessly integrating the upstream cultures of Asia, Europe, and America.

Explore opportunities to be part of our dynamic team and contribute to groundbreaking projects that redefine the offshore industry.

Position Overview

The Global Compensation Manager leads the design, management, and strategic execution of compensation programs across multiple countries. This role ensures competitive, compliant, and equitable total reward strategies that support global business objectives and talent acquisition/retention.

Key Responsibilities

• Develop and manage global compensation frameworks for base pay, short‑ and long‑term incentives, and global mobility packages tailored to oil & gas operations.
• Collaborate with senior leadership and HR business partners to understand market-specific needs in the offshore oil & gas sector.
• Conduct compensation benchmarking and analysis across energy markets, evaluating geopolitical, commodity price, and labor trends that impact pay.
• Oversee international salary administration, ensuring consistency and legal compliance across expatriate packages and local-market pay: base salary, hardship allowances, benefits, tax equalization, cost-of-living adjustments.
• Manage global compensation reviews, merit increases, market adjustments, and carry out multi‑currency modeling and budget impact analysis.
• Lead compensation-related vendor management, including external surveys, benchmarks, and consulting partners specialized in energy compensation.
• Monitor regulatory changes, such as OECD BEPS, expatriate tax rules, expatriate social security, salary caps, and localization mandates, and adapt global comp strategy accordingly.
• Deliver training and guidance to regional HR teams on global comp processes, systems, job evaluations, grade structures, and compensation governance.
• Partner with Talent Acquisition to deliver clear guidance on evolving compensation trends, leveraging market benchmarking, salary survey data, and pay transparency laws.
• Create and facilitate training, workshops, and easy-reference guides (e.g. talking points, FAQs) to help Talent Acquisition, understand compensation frameworks, job levels and regional pay norms
  
  

Qualifications

• Bachelor’s degree in HR, Business, Finance, or Economics. MBA or relevant advanced degree preferred.
• 10 years in global compensation or total rewards roles, ideally in international oil, gas, energy, engineering, or resource-extraction industries.
• Demonstrated experience managing global or multinational compensation programs, including equity or long‑term incentive plans.
• Expertise in compensation benchmarking, international salary surveys, and market trend analysis, particularly focused on energy markets.
• Proficiency with global compensation systems (e.g. Mercer, Korn Ferry, Willis Towers Watson, Aon survey tools, SAP SuccessFactors).
• Strong analytical and financial modeling skills, including cost modeling for global assignments and exchange rate sensitivity analysis.
• Excellent communication and influencing skills, able to present findings to senior leadership across cultures and regions.
• Familiarity with global compensation regulations, expatriate tax regimes, and employment/compensation compliance across multiple jurisdictions.
  
  

Nearest Major Market: Houston