Konstantinos Karavidas

Experience

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  A.P. Moller - Maersk

  Sept 2005 - Apr 2013

  I was responsible for Maersk Line’s Global Performance Management philosophy and process, from deploying personal objectives and linking them to the business strategy, conducting periodic reviews and linking the outcome to rewards. This also included the responsibility of the annual employee engagement survey, covering 25,000+ employees, including seafarers and white collar personnel.I was actively involved in organisational design projects and was responsible for Mercer’s IPE application for Maersk Line’s global organisation, directly accountable for the evaluation of the top 1000 positions in Maersk Line. I acted as work-stream leader in a various C&B projects - such as the conceptualisation and definition of Maersk Line’s global reward philosophy, and the implementation of SAP HCM, where I was the in-house expert for the Performance Management and Compensation modules. Show less Leading a team of up to eleven HR Consultants and HR Assistants and being part of Maersk Line's HR Global Management team, I was overall accountable for the execution and optimisation of end-to-end operational HR services and Compensation and Benefits activities for a population of over 1,000 Maersk Line employees in the Headquarters in Copenhagen. In close co-operation with the HR Partners, the team was responsible for recruitment, HR policies, the creation and implementation of a salary strategy for the unit, the optimisation and execution of the annual salary review process, individual salary offers, documentation handling, expatriation management as well as job grading of the organisation. After mapping and standardising the operational HR processes, I led the off-shoring of some key activities to the Maersk Global Service Centres organisation in India. Show less

  • Global Performance and Rewards Manager

    Oct 2010 - Apr 2013

  • Compensation & Benefits and HR Operations Manager

    Jul 2008 - Sept 2010

  • HR Business Partner and Organisational Development Consultant

    May 2006 - Jun 2008

  • HR Consultant

    Sept 2005 - May 2006
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  Danske Bank

  May 2013 - Aug 2013

  Senior HR Specialist, Group Performance, Rewards & Metrics

  I actively participated in the IPE evaluation of the top tiers of the Danske Bank Group, including the conceptualisation and implementation of a new title structure for the Group.In addition, I was responsible for the review and optimisation of the Performance Management principles, process and form - as well as the evaluation and implementation of a new HRIS module for Performance Management.

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  Novo Nordisk

  Sept 2013 - Oct 2017

  I headed up the CoE for Novo Nordisk’s total rewards strategy, reviewing the company's reward policies and practices and working towards an aligned compensation structure on one Compensation IT platform. I also participated and provided input to Novo Nordisk’s Performance Management CoE, reviewing and aligning PM principles, processes and tools.In addition, I was the Key Account Manager for the North American organisation, acting as a sparring partner to the local Rewards team and ensuring that corporate governance and policies were followed. Prior to that, I had been the Key Account Manager for all Performance & Rewards issues within the Product Supply pillar of the organisation. This included base pay design, pay-for-performance analysis, position evaluations, salary benchmarking for management teams, incentive plan design and performance management support. Show less

  • Director, Head of Global Rewards

    Sept 2017 - Oct 2017

  • Global Rewards Manager

    Sept 2013 - Aug 2017
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  Chr. Hansen

  Nov 2017 - Jan 2019

  Director, Head of Performance, Rewards, Mobility and HRIT

  Leading a team of four specialists, we reviewed, aligned and redesigned Chr Hansen's policies, practices and systems on Performance Management, Rewards, Mobility and HRIT. We formalised our vision as an effort to close the digital gap between everyday life and work, by digitising HR, modernising policies and creating processes with an end-user perspective. By the end of my tenure, we had designed and globally rolled out a job architecture, salary structures for more than 30 countries, and a common HRIT platform - all of them foundational pre-requisites of a truly global and digital HR experience. Show less

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  IKEA

  Feb 2019 - now

  Leading a department of 40 professionals, striving to provide best-in-class rewards, mobility and payroll support to the 180 000 co-workers of the Ingka Group. Member of the Remuneration Committee, Chairman of the Pension Council and Secretary of the Total Rewards Council of the Ingka Group. Part of the Group Centre of Expertise, working closely with Ingka's Global Total Rewards Community in reviewing, aligning and continuously develop Ingka's Total Rewards framework so as to ensure that it continues to attract, engage and retain the people with the right needed competences.The work spanned from definition of Ingka's pay philosophy to actual design of Total Rewards programmes and their delivery, always with a strong focus on the co-worker experience.

  • Group Total Rewards Manager

    Sept 2023 - now

  • Global Rewards Leader

    Feb 2019 - Aug 2023