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For Companies At a Glance
- Tasks: Support compensation, benefits, and pension programs while engaging with employees.
- Company: Join Trayport, a rapidly growing company focused on employee engagement and development.
- Benefits: Enjoy flexible work options, competitive bonuses, and fun social events.
- Why this job: Be part of a culture that values growth, trust, and community impact.
- Qualifications: Experience in Compensation and Benefits with strong communication skills required.
- Other info: Opportunities for career development and involvement in charity and sports events.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Are you a Compensation Specialist that has worked across compensation and benefits? Do you have a passion for seeing how your role supports our employee’s engagement? Or perhaps you want to work for a company where you can grow your role in a range of different pathways.
Here at Trayport, we are looking for a Compensation Specialist to join our team as we continue to grow rapidly both within our London office and globally. With responsibility for supporting the delivery of Trayports compensation, benefits and pension programmes, you will help us continue to attract, engage and retain great people.
So what will you be doing?
As mentioned earlier this is an incredibly broad role covering compensation, benefits and pension support. It will involve
- Collaborating with the business to develop and deliver comp programmes/frameworks and pay structures
- Managing queries from employees on compensation, benefits and pension in an engaging manner
- Supporting the annual year end compensation process
- Ensuring pay equity, internal alignment and compliance through job evaluations
- Improving communication/education and building trust with the business around compensation
- Providing analytical support and managing reporting requirements (eg Gender Pay Gap reporting)
- Ensuring compliance with relevant laws, regulations and industry standards governing compensation, pension and benefits practices
- Supporting benefits, pension and wellness programmes for the EMEA and APAC region, including invoice approvals, planning and benefits education session for employees to sustain a culture that attracts, engages, retains and rewards employees.
- Supporting the annual renewals and open enrolment process for the benefit plan(s)
- Actively participating in total rewards projects engaging multiple stakeholders across functions using well-established project planning and change management skills
So what will you bring
Along with experience across Compensation and Benefits, you will have excellent communication skills with the ability to interact across the whole business. You will have high levels of professionalism and trust particularly considering the sensitivity of data you will have. Finally you will bring curiosity and willingness to learn and understand how your role plays a key part in how we attract, engage and retain our people.
So what’s in it for you
Apart from the opportunity to grow your career with individual development plans and support, we have a range of other things that make working at Trayport great. Our benefits are excellent, tailored towards an increasingly diverse workforce. There is flexibility to get your job done, some fun socials to help you meet others in the business and new office space to support our new way of working. We offer a really competitive performance based bonus along with opportunities to get involved in our charities, sports events and Lunch and Learn sessions. Check out Trayport Careers to see more about the Trayport community and culture
Compensation Specialist employer: Trayport
Contact Detail:
Trayport Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist
✨Tip Number 1
Familiarize yourself with the latest trends in compensation and benefits. Understanding current market practices will not only help you in interviews but also show your passion for the field.
✨Tip Number 2
Network with professionals in the compensation and benefits space. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities.
✨Tip Number 3
Prepare to discuss how you've previously handled sensitive data and employee queries. Highlighting your experience in managing these aspects will demonstrate your professionalism and trustworthiness.
✨Tip Number 4
Show your curiosity and willingness to learn by asking insightful questions during the interview. This will reflect your engagement and interest in how the role contributes to employee retention and satisfaction.
We think you need these skills to ace Compensation Specialist
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Compensation Specialist position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in compensation and benefits. Use specific examples that demonstrate your ability to manage queries, support compensation processes, and ensure compliance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for employee engagement and your understanding of compensation frameworks. Mention how you can contribute to Trayport's goals and culture.
Highlight Communication Skills: Since excellent communication is crucial for this role, make sure to emphasize your interpersonal skills in both your CV and cover letter. Provide examples of how you've effectively communicated complex information in previous roles.
How to prepare for a job interview at Trayport
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Compensation Specialist. Familiarize yourself with compensation frameworks, benefits programs, and pension schemes to demonstrate your knowledge during the interview.
✨Showcase Your Communication Skills
Since this role requires excellent communication skills, prepare examples of how you've effectively interacted with employees regarding compensation and benefits in the past. Highlight your ability to build trust and engage with various stakeholders.
✨Prepare for Analytical Questions
Be ready to discuss your experience with data analysis and reporting, especially related to compensation metrics like Gender Pay Gap reporting. Think of specific instances where your analytical skills made a positive impact.
✨Demonstrate Curiosity and Willingness to Learn
Express your enthusiasm for learning and understanding how compensation strategies can attract and retain talent. Share examples of how you've pursued professional development in this area or adapted to changes in compensation practices.
