TMF is the global market leader in Trust and Corporate Services and provides a wide range of services to international relations. The company is Private Equity owned and is upgrading and aligning its Human Resources tooling and processes to enhance its most important assets: its' people. The Reward Team, a sub function in the overall HR team, designs, develops, manages and controls the global compensation & benefits policies of TMF. It gives direction and governance to colleagues in each of our 85 countries for managing their base pay, variable pay and benefits programs and owns the global equity program. It is currently also establishing a Global Mobility function, within the team, facilitating our global HR departments and the business with the impact on terms and conditions in case of cross border moves and assignments.
Working at TMF Group offers:
Internship fee: €450 per month
Great Learning opportunities: you will work in the Global Reward Team and will prepare reporting for the decisionmaking in our HR leadership team and the Executive Committee. You will assist in or be assigned projects in job banding, external market analysis on base pay, variable pay and or benefits. Besides being in the Global Reward Team you will work along with colleagues around the world in reward related surveys, local salary structures, job pricings and so on. During your internship you will learn how a reward foundation gets established, how the company finds its competitive position in the talent market from a pay perspective and how to achieve and maintain a balanced cost base for the desired talent versus the business aspirations.
For your thesis/internship paper, you will become expert in an HR topic of our mutual interest. On this topic you will prepare to implement your insights into the TMF practices and share your expertise with the TMF HR community.
Talent & Teamwork: you will have a steep learning curve and will be warmly welcomed into our international team of HR colleagues. Team up and step into our world to start the next phase of your career!
Prepare the report that becomes the basis for deciding the annual pay increase budget for each country
Assist in the creation of various information dashboards, eg sales incentive plans and other bonus programs
Help with the creation of country salary structures based on local market data and make these accessible in a simple way
Maintain contact with HR and business / support functions to obtain information relevant for reporting
Prepare reporting to HR Leadership Team and Executive Committee
Collect and analyse HR related data (a.o. data on engagement, attrition, reward)
Assist in improving current HR processes and tools that are pay related
Develop and test thesis on a specific HR topic, potentially develop process, tool or other HR deliverable (for instance scan, DBase, training, report)
You have good knowledge of and insight into at least one of the following:
E-tooling and innovations in Human Resources, for example new HR apps/tools that are available