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For Companies At a Glance
- Tasks: Lead and evolve compensation strategies for a global professional services firm.
- Company: Join a dynamic team at a leading global professional services business.
- Benefits: Enjoy hybrid working, competitive salary up to £80,000, and a comprehensive package.
- Why this job: Be part of exciting reward projects and contribute to international market development.
- Qualifications: Experience in compensation management, job evaluation, and project management is essential.
- Other info: Opportunity for growth in international compensation strategies.
The predicted salary is between 48000 - 64000 £ per year.
Middlemore are currently working on behalf of a global professional services business to hire a Senior Compensation Manager. Sitting in a small team of Reward professionals, the Senior Compensation Manager plays a crucial role in assisting the Head of Reward in reviewing and implementing compensation strategies and processes to align with the firm’s ambitious growth objectives and overall people agenda.
As Senior Compensation Manager, you will take the lead in managing and evolving all cyclical compensation activities for the UK and International business. You will be a relationship-driven professional who enjoys bringing reward strategy to life and enjoys the variety of exciting new reward projects, including international market development.
Candidates will ideally have experience working in a professional services environment, and will have proven experience of leading processes such as job evaluation, benchmarking, policy development, and project management—from conception to execution. Previous international experience isn't essential, but will be an exciting growth area of the role.
We are looking for an individual with substantial experience in compensation, particularly in salary and bonus structures. You will have managed salary and bonus cycles and will be familiar with job evaluation methodologies, preferably Willis Towers Watson.
Compensation Manager employer: Middlemore
Contact Detail:
Middlemore Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Manager
✨Tip Number 1
Network with professionals in the compensation and rewards field. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the latest trends and practices, and may even lead to referrals.
✨Tip Number 2
Familiarise yourself with the specific compensation strategies used by global professional services firms. Research how they approach salary benchmarking and job evaluation, particularly using methodologies like Willis Towers Watson, as this knowledge will set you apart during discussions.
✨Tip Number 3
Prepare to discuss your experience with cyclical compensation activities in detail. Be ready to share examples of how you've successfully managed salary and bonus cycles, and any innovative projects you've led that align with a company's growth objectives.
✨Tip Number 4
Showcase your relationship-building skills. As a Senior Compensation Manager, you'll need to collaborate with various stakeholders. Think of ways to demonstrate your ability to engage and influence others, whether through past experiences or hypothetical scenarios.
We think you need these skills to ace Compensation Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compensation management, particularly in salary and bonus structures. Include specific examples of job evaluation, benchmarking, and policy development that align with the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your relationship-driven approach and your passion for bringing reward strategy to life. Mention any relevant projects you've led and how they contributed to the overall people agenda.
Highlight Relevant Experience: In your application, emphasise your experience in a professional services environment. If you have international experience or have worked on global compensation strategies, be sure to include that as it aligns with the company's growth objectives.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for a Senior Compensation Manager role.
How to prepare for a job interview at Middlemore
✨Understand the Compensation Landscape
Familiarise yourself with current compensation trends, especially in professional services. Be prepared to discuss how these trends can influence the company's strategies and how you can contribute to their growth objectives.
✨Showcase Your Project Management Skills
Highlight your experience in managing compensation projects from start to finish. Be ready to provide specific examples of how you've successfully led job evaluations, benchmarking, or policy development in previous roles.
✨Demonstrate Relationship-Building Abilities
As a relationship-driven professional, it's crucial to convey your ability to collaborate effectively with various stakeholders. Prepare examples of how you've built strong relationships in past roles and how this has benefited your projects.
✨Prepare for International Market Discussions
Even if you lack direct international experience, research the global compensation landscape. Be ready to discuss how you would approach international market development and what strategies you might implement to align with the firm's objectives.
