HRIT People
Compensation Benefits Manager
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Compensation and Benefits Manager
Location: Central London (Hybrid Working)
Compensation: up to £83,000 Per Annum
Reporting to the Head of Compensation and Benefits, our client is looking for a proactive, flexible, friendly, and driven Compensation and Benefits Manager to join their People team and support in running all the Reward and Benefit processes across their central services. This is a key partnering role working closely with the wider People team, managers across the business, and internal and external service providers.
A hands-on role, this is an exciting opportunity to bring your passion and specialist knowledge in the field of Payroll, Compensation and Benefits to drive improvement and efficiency and contribute to the development of an industry-leading reward proposition. You will recommend and implement reward programmes that support attraction, engagement, and retention across the organisation.
Responsibilities
- Overseeing the accurate and timely monthly payroll instructions and checking
- Supporting preparation and submission of benefit in kind and other reporting to our Shared Services team
- Building effective relationships across the business with an approachable and knowledgeable style, ensuring timely and accurate responses to pay and benefits queries from employees
- Partnering with and providing expert advice and guidance to the People Business Partnering team to support pay (e.g., benchmarking, pay bandings) and benefits (e.g., harmonisation, TUPE) discussions and decisions with their stakeholder groups
- Overseeing the benefits process including managing relationships with our benefits broker and external providers
- Submission of data to third-party providers for benefits and salary surveys
- Analysing the current offering and carrying out competitive analysis to make recommendations for changes to our benefits
- Managing and delivering the bi-annual pay review and annual bonus scheme
- Supporting the Head of Compensation and Benefits on group-wide reward projects
- Keeping up to date with upcoming changes in legislation regarding any aspects of reward (e.g., pensions, gender pay reporting, commission, holidays, etc.) and proactively making recommendations to the team and the wider business
- Analysing data and reporting on payroll information, headcount, and other key People metrics
- Line management, alongside the Head of Compensation and Benefits, of one Administrator and two Junior Compensation and Benefits Analysts
- Cross-party working on wider projects
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About you
- A generalist in Compensation and Benefits
- Incredibly organised and able to drive multiple initiatives with competing deadlines in a pressured and agile environment
- Solution-focused, with a drive to streamline processes and procedures and reduce unnecessary admin
- Able to keep calm under pressure and think with a collaborative approach
- Strong communication skills — able to communicate effectively and collaborate with colleagues at all levels, including senior management
- Optimism and a can-do attitude, with a genuine passion for the field
- An ideas-person with natural creative flair
- Advanced Excel experience and strong numerical skills
- Knowledge and experience of HR systems and reporting
- Strong influencing skills and senior stakeholder management experience
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