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For Companies At a Glance
- Tasks: Manage HR systems, oversee employee benefits, and support compensation strategies.
- Company: Join a dynamic team at Latham & Bond HR, focused on innovative HR solutions.
- Benefits: Enjoy hybrid work options, competitive salary, and a supportive work environment.
- Why this job: Be part of a crucial role that impacts employee satisfaction and organizational success.
- Qualifications: Ideal candidates should have experience in HRIS and a passion for compensation and benefits.
- Other info: This is a newly created position, offering a chance to shape the role.
The predicted salary is between 36000 - 54000 £ per year.
Job Description
HRIS, Compensation & Benefits Analyst
Location:Chippenham (Hybrid Two days on-site, Tuesdays and Wednesdays)
Salary:Circa £45,000
Job Type:Permanent, Full-Time
Latham & Bond HR are recruiting for our client to fill the newly created position of HRIS, Compensation & Benefits Analyst. This role is pivotal in managing the organisation's HR system, overseeing employee benefits, and supporting compensation processes. You will ensure accurate HR data management, lead critical initiatives like pay reviews and bonus cycles, and provide valuable insights through data reporting and analysis. With a hybrid working arrangement, including two days on-site in Chippenham, this is an exciting opportunity to impact a fast-paced, dynamic environment significantly.
Key Responsibilities:
HRIS Management:
- Oversee and maintain the Human Resource Information System (HRIS).
- Ensure accuracy of all employee data, including personal, compensation, and benefits information.
- Lead HRIS governance and RACI.
- Collaborate with IT and external providers to manage system upgrades, configurations, and security protocols.
Benefits & Compensation Lead:
- Lead global benchmarking initiatives, supporting HR and managers in role evaluations.
- Oversee the annual pay review process, including design, data management, and analysis.
- Manage UK and support global employee benefits programs, including health insurance, life assurance, pensions, and annual leave.
- Serve as the primary contact for employee and vendor benefits inquiries.
- Assist with open enrolment processes, including communication and troubleshooting.
Data Reporting and Analysis:
- Generate reports and dashboards related to employee data and benefits utilization.
- Analyse costs, participation rates, and trends, recommending improvements or cost-saving opportunities.
- Update company organisation charts and prepare data for benefits renewals and audits.
- Build and maintain HR KPI dashboards and generate insights through data-driven analysis.
Process Improvement:
- Evaluate and enhance HRIS and benefits administration processes.
- Champion new workflows, driving efficiency and automation.
- Work with IT and HR teams to implement new system features and technologies.
- Support HR staff with training on the HRIS system.
Skills and Attributes:
- Bachelor's degree and at least 2 years' experience in HRIS management or compensation and benefits administration.
- Advanced Excel skills, including pivot tables and VLOOKUPs.
- Strong understanding of HR processes, employment laws, and data privacy regulations (e.g., GDPR).
- Excellent communication skills, high accuracy in data handling, and the ability to analyse and present complex data.
- Experience working in a fast-paced environment with sensitivity to confidential data.
Desirable Criteria:
- Experience in multi-disciplinary teams across global regions.
- Previous experience with HRIS identification and implementation is advantageous.
If this is of interest, do not hesitate to apply.
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Compensation and Benefits Analyst employer: LATHAM & BOND HUMAN RESOURCES LTD
Contact Detail:
LATHAM & BOND HUMAN RESOURCES LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation and Benefits Analyst
✨Tip Number 1
Familiarize yourself with HRIS systems commonly used in the industry, such as Workday or SAP SuccessFactors. Being able to discuss your experience or knowledge of these systems during the interview will show that you're ready to hit the ground running.
✨Tip Number 2
Stay updated on current trends in compensation and benefits. Understanding the latest developments can help you demonstrate your expertise and show how you can contribute to the organization’s goals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed employee benefits or compensation in previous roles. This will help you illustrate your problem-solving skills and your ability to handle complex HR issues.
✨Tip Number 4
Network with professionals in the HR field, especially those who specialize in compensation and benefits. Engaging with others in the industry can provide valuable insights and potentially lead to referrals for the position.
We think you need these skills to ace Compensation and Benefits Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Compensation and Benefits Analyst position. Understand the key responsibilities and required skills, so you can tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience you have with HRIS systems, compensation analysis, or employee benefits management. Use specific examples to demonstrate your expertise in these areas.
Showcase Analytical Skills: Since this role involves managing data and analyzing compensation and benefits, make sure to highlight your analytical skills. Mention any relevant tools or software you are proficient in that would be beneficial for this position.
Personalize Your Cover Letter: Craft a personalized cover letter that reflects your enthusiasm for the role and the company. Mention why you are interested in working for Latham & Bond HR and how your values align with theirs.
How to prepare for a job interview at LATHAM & BOND HUMAN RESOURCES LTD
✨Understand HRIS Systems
Make sure you have a solid understanding of HRIS systems and how they function. Be prepared to discuss your experience with specific systems and how you've used them to improve HR processes.
✨Know Your Compensation & Benefits Trends
Stay updated on the latest trends in compensation and benefits. Be ready to share insights on what you believe are effective strategies for employee engagement and retention through benefits.
✨Prepare for Behavioral Questions
Expect behavioral interview questions that assess your problem-solving skills and ability to work in a team. Use the STAR method (Situation, Task, Action, Result) to structure your responses.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's culture, the HR team's goals, and how this role contributes to the overall success of the organization. This shows your genuine interest in the position.
