Giac Soliman
London
Summary
Seasoned compensation leader with 10+ years of experience designing equitable, data-driven reward programs that fuel growth for tech companies (startups to giants) across EMEA and the US. Proven ability to transform complex compensation challenges into clear strategies that attract, retain, and motivate top talent, while ensuring pay equity. Expertise spans executive and equity compensation, analytics, global compliance, and talent acquisition.
Overview
11
11
years of professional experience
Work History
Senior Compensation Lead
Monzo
London
10.2023 - Current
- Standardized Monzo's comp planning process, implementing harmonized pay principles, budgets, and timelines to drive pay equity, and reduce excessive discretionary decision-making, aligning with RemCo's strategic direction.
- Led the implementation and rollout of a purpose-built comp planning tool, automating manual processes, improving transparency, and reducing errors, resulting in increased efficiency and employee satisfaction with compensation decisions.
- Successfully led annual benchmarking, reviewed, or introduced a total of 765 salary bands across five different countries.
- Led the advancement of Monzo's market data capabilities by sourcing new platforms and data sources.
- Incorporated critical process enhancements to improve accuracy and efficiency, and introduced policies rationalizing and standardizing Monzo's approach to approving premium compensation offers, reviewing salary bands, and equity target review.
- Orchestrated the annual pay review process for 4,000 employees across the UK, US, and Mainland Europe, managing £9M in salary adjustments and £5M in performance-related equity grants, enhancing processes, and ensuring seamless company-wide implementation.
EMEA Compensation Lead
Snapchat
London
07.2022 - 10.2023
- Successfully designed and implemented an EMEA total reward strategy that resulted in improved employee satisfaction, retention, and in Snap's comp offerings consistently ranking within the upper quartile of industry benchmarks.
- Mitigated salary compression by restructuring the comp grade architecture and adjusting salary ranges, resulting in a 30% reduction in compression cases.
- Ensured pay equity by conducting thorough pay equity analyses and making necessary adjustments to offer positioning and salary increase guidelines, achieving an 8.2% GPG reduction, and maintaining a balanced and fair compensation structure.
Compensation Partner
TikTok (ByteDance)
London
01.2021 - 07.2022
- Established comprehensive C&B policies from the ground up for EMEA, assuming direct accountability for critical departments such as technology, product, ads monetization, user growth, and e-commerce.
- Promoted a culture of evidence-based decision-making by deploying a series of Power BI dashboards, providing real-time insights on compensation, performance management, and benefits policy effectiveness.
- Optimized performance-based pay distribution through data analytics, leading to a more equitable and effective distribution of bonuses and sales incentives based on individual and team performance.
Associate
Mercer
London
03.2017 - 02.2021
- Direct responsibility for the delivery of tailored solutions to clients spanning different industries in the UK and EU.
- Advising clients on all aspects of workforce and executive reward.
- Including incentive plan design, performance target setting, pay benchmarking, and proxy advisor guidance.
Analyst
Korn Ferry
London
05.2014 - 02.2017
- I joined Hay Group as part of the European Graduate Program.
- Rotations included reward, organizational effectiveness, workforce planning and analysis, and HR due diligence.
- I was seconded at Philips during the spin-off of Signify.
Education
Master of Science - Strategic Management
Rotterdam School of Management, Erasmus University
Rotterdam01.2014
Bachelor of Science - Economics And Management
Ca' Foscari University of Venice
Venice01.2009
Skills
- Equity Compensation
- Executive Compensation
- Variable Compensation
- Compensation Planning
- Benchmarking
- Project Management
- Stakeholder Management
- Storytelling
Training
- Mastering DAX - SQLBI
- Data Modelling for Power BI - SQLBI
Languages
Italian
First Language
English
Proficient (C2)
C2
Portuguese
Advanced (C1)
C1
Spanish
Intermediate (B1)
B1
Timeline
Senior Compensation Lead
Monzo
10.2023 - Current
EMEA Compensation Lead
Snapchat
07.2022 - 10.2023
Compensation Partner
TikTok (ByteDance)
01.2021 - 07.2022
Associate
Mercer
03.2017 - 02.2021
Analyst
Korn Ferry
05.2014 - 02.2017
Master of Science - Strategic Management
Rotterdam School of Management, Erasmus University
Bachelor of Science - Economics And Management
Ca' Foscari University of Venice