At a Glance
- Tasks: Oversee employee rewards and benefits, ensuring competitive packages across global companies.
- Company: Join a leading global energy company focused on innovative employee benefits.
- Benefits: Enjoy a salary up to £75,000 PA plus an attractive benefits package.
- Why this job: Make a real impact on employee satisfaction and retention in a dynamic work environment.
- Qualifications: Experience in compensation and benefits management is essential; strong analytical skills required.
- Other info: This is a standalone position based in Weybridge, UK.
The predicted salary is between 60000 - 90000 £ per year.
I am currently partnering with a global, leading energy company who are looking for an experienced Compensation and Benefits Manager to help oversee and administer employee rewards and their move towards a smart benefits landscape. You will help assess reward & benefits across several Group companies globally and draft targeted programs that will increase performance, organisational trust and satisfaction. The goal is to attract, retain and motivate high-quality employees while reducing turnover and enhancing our company’s profile as the best place to work.
This role is based on site in Weybridge, UK.
Salary up to £75,000 PA with a benefits package on top.
This is a standalone position.
Role Responsibilities
- Work with senior stakeholders and third-party providers to define and implement a fair, equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals across multiple territories.
- Develop relationships with external providers to maintain the online benefits system for company employees whilst at the same time migrating to a new platform.
- With the HR Director, assist in developing a consistent compensation philosophy in line with work culture and organisational objectives.
- Collaborate with the M&A team to design fit-for-purpose reward packages for acquired employees in the UK and overseas.
- Ensure that compensation practices are compliant with current legislation.
- Undertake Gender Pay Gap reporting, providing data and insights.
- Evaluate salary and labour market surveys to determine prevailing pay rates and benefits.
- Deploy effective communication strategies linked to changes, developments, and improvements across the benefits landscape.
- Lead financial analysis and modelling related to total compensation, including salaries, bonuses, and equity.
- Conduct market analysis and benchmarking to ensure competitive positioning of our rewards offerings.
- Deal with queries from employees, clients, advisers, colleagues, and product providers.
- Process new joiners to pension schemes.
- Update the database and ensure that client files are maintained.
- Act as a subject matter expert on all aspects of rewards, staying up-to-date with industry trends and best practices.
For further information on this role, please contact Imogen Parr: 0161 641 7756
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Contact Detail:
Morson Talent Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation and Benefits Manager
✨Tip Number 1
Network with professionals in the compensation and benefits field. Attend industry events or webinars to connect with others who work in similar roles, as they may have insights or even leads on job openings.
✨Tip Number 2
Stay updated on the latest trends and legislation in compensation and benefits. This knowledge will not only help you in interviews but also demonstrate your commitment to the field and your ability to adapt to changes.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented compensation strategies in previous roles. Highlight your experience with stakeholder engagement and how it led to improved employee satisfaction.
✨Tip Number 4
Research the company’s current compensation and benefits offerings. Understanding their existing framework will allow you to tailor your discussions and show how you can enhance their current practices.
We think you need these skills to ace Compensation and Benefits Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and benefits management. Focus on specific achievements that demonstrate your ability to design and implement effective reward programmes.
Craft a Compelling Cover Letter: In your cover letter, express your passion for employee rewards and how your skills align with the company's goals. Mention your experience with stakeholder collaboration and compliance with legislation.
Showcase Analytical Skills: Since the role involves financial analysis and market benchmarking, include examples of how you've successfully conducted similar analyses in previous positions. This will show your capability to handle the responsibilities of the role.
Highlight Communication Strategies: Discuss any past experiences where you effectively communicated changes in compensation or benefits to employees. This is crucial for the role, so demonstrating your communication skills will strengthen your application.
How to prepare for a job interview at Morson Talent
✨Understand the Company’s Compensation Philosophy
Before your interview, research the company's approach to compensation and benefits. Familiarise yourself with their current offerings and any recent changes in their strategy. This will help you align your answers with their goals and demonstrate your understanding of their organisational culture.
✨Prepare for Stakeholder Engagement Scenarios
Since the role involves working with senior stakeholders, be ready to discuss how you would engage with them. Prepare examples from your past experiences where you successfully collaborated with different departments or external providers to implement compensation strategies.
✨Showcase Your Analytical Skills
The position requires financial analysis and market benchmarking. Be prepared to discuss your experience with data analysis, including any tools or methodologies you’ve used. Highlight specific instances where your analytical skills led to improved compensation packages or employee satisfaction.
✨Stay Updated on Industry Trends
As a subject matter expert, it’s crucial to stay informed about the latest trends in compensation and benefits. During the interview, mention any recent developments in the industry that you find relevant. This shows your commitment to continuous learning and your ability to bring innovative ideas to the company.