Compensation & Benefits Manager
Role: Compensation & Benefits Manager
Expected duration: 9 Months
Pay rate: £216 to £420 per day + Holiday pay (PAYE – Inside IR35) – equivalent to £56,000 to £80,000 per annum
Location: Central London (3 days in the office 2 from home)
Start: ASAP
Working hours: 9.00 AM to 6.00 PM
Our client is a world leading technology company. We are looking for an exceptional Compensation & Benefit Manager to proactively partner with client-facing HR colleagues and local business line management to identify and address compensation issues and convert the business’s total compensation philosophy and strategy to the clients in the assigned countries. The role will focus on providing compensation consultation to Corporate, Retail, and Technology business lines and activities to design, develop, implement, and measure results of compensation policies and programs with compliance understanding. The position will leverage central practices to foster and drive compensation programs for an alignment with global and regional strategies and business requirements while understanding and advocating for locally relevant market conditions and practices. The successful candidate should be results oriented and flexible with the ability to manage multiple projects in a demanding, fast-paced environment.
Responsibilities
- Act as primary point of contact and C&B expert for assigned countries and business lines
- Perform regular, thorough, and deep technical analysis on effectiveness and competitiveness of existing compensation programs
- Effectively partner with HR colleagues and business clients to manage and consult on compensation-related issues
- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pays and stock compensation
- Perform ad hoc analysis for costing, program effectiveness and trend purposes
- Identify, select, and participate in compensation surveys to analyse the company’s competitive market position for each in-country location
- Partner with the global compensation and benefit teams on C&B issues, and work on a variety of special compensation and benefits projects as needed
- Participate in C&B projects that include analysis, market benchmarking, implementation, and communication
- Create and deliver compensation training to HR and management teams
- Ensure company compliance with laws governing compensation and benefits practices
- Work to gain alignment with different constituencies and represent a common point of view across multiple stakeholders
Requirements
- Must hold a university degree
- 5 years or more of relevant experience in compensation and benefits or consulting with an in-depth knowledge of core compensation terminology and best practices
- Good understanding of the principles and practices of compensation and benefits systems and legislation in the EMEA region
- Knowledge of PeopleSoft is an advantage
- Analytical skills and strong knowledge of excel
- Demonstrated mastery and ability to act as a resource particularly regarding rewards management issues (e.g., job evaluation, surveys, job/market pricing, salary range development, etc.)
- Must be hands-on with high level of energy
- Strong project management skills and ability to manage multiple projects and priorities at once
- Ability to create tools and models to interpret and analyse data
- Must possess strong verbal, written and interpersonal skills for internal presentations that demonstrate business acumen
- Ability to effectively manage communication and relationships in matrix organisation structure
Job Overview
Human Resources & Recruitment
City of London, London
£216 - £420 per day