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- Tasks: Lead compensation planning, conduct market analyses, and ensure pay equity compliance.
- Company: HR Heads is a dynamic recruitment consultancy focused on financial services and public sector.
- Benefits: Enjoy remote work flexibility with occasional travel and competitive salary options.
- Why this job: Join a forward-thinking team and make a real impact on compensation strategies globally.
- Qualifications: Ideal candidates should have managerial experience in compensation consulting and be ready to start immediately.
- Other info: This is a 12-month contract role with opportunities for process improvement and strategic influence.
The predicted salary is between 60000 - 85000 £ per year.
This range is provided by HR Heads. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Location: Remote with occasional travel to Basingstoke, Leicester or Gateshead
Salary: up to £85,000 as FTC, Day Rate option also considered
Duration: 12 months
This role partners with HR and business leaders to ensure that compensation structures and practices are market competitive, internally equitable, legally compliant, and aligned with the organisation's strategy and values worldwide. The ideal candidate would be able to start immediately and could hit the ground running.
Ideal candidates will be experienced contractors with a consulting profile and operating at Manager level. They will partner with the Global Head of Compensation & Benefits to execute priorities for 2025/6 as these are time-bound.
Responsibilities include:
- Leads the planning and execution of the annual compensation cycle, including merit, bonus, and equity planning, ensuring alignment with budget, performance, and business objectives.
- Conducts and presents market benchmarking and compensation analyses to support job offers, promotions, and organisational design decisions.
- Maintains and evolves salary structures, job families, and internal leveling frameworks in alignment with market trends and internal equity.
- Manages participation in compensation surveys and analyses results to make recommendations on pay positioning and strategy.
- Conducts internal pay equity audits and risk assessments; develops recommendations and implements solutions to ensure fairness and compliance.
- Supports compliance with pay transparency laws and advises on communications and practices that promote pay clarity and trust.
- Provides consultative support to HR business partners and leaders on compensation decisions and policy interpretation.
- Supports M&A or organisational change initiatives by evaluating and integrating compensation programs and job structures.
- Develops compensation training, guidelines, and communication materials for HR and business stakeholders.
- Ensures compliance with all applicable compensation laws and regulations, pay transparency, and local requirements.
- Identifies and implements process improvements, systems, and tools to increase the efficiency, accuracy, and effectiveness of compensation programs.
Please do apply if you are interested in this position and finding out more about this great Interim Compensation Manager role.
Seniority level: Mid-Senior level
Employment type: Contract
Job function: Human Resources
Industries: Staffing and Recruiting
Compensation Manager employer: HR Heads
Contact Detail:
HR Heads Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Manager
✨Tip Number 1
Network with professionals in the HR and compensation field. Attend industry events or webinars to connect with others who may have insights into the role and the company culture at HR Heads.
✨Tip Number 2
Familiarise yourself with current compensation trends and regulations, especially those relevant to the UK market. This knowledge will help you demonstrate your expertise during discussions with recruiters.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed compensation cycles or conducted market analyses in previous roles. Real-life scenarios can showcase your skills effectively.
✨Tip Number 4
Be ready to articulate how you can contribute to the company's strategic goals, particularly in relation to compensation practices. Tailoring your conversation to align with their objectives can set you apart.
We think you need these skills to ace Compensation Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation management and HR consulting. Use keywords from the job description to demonstrate that you meet the specific requirements of the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of compensation structures and your ability to partner with HR leaders. Mention specific achievements in previous roles that align with the responsibilities listed in the job description.
Highlight Relevant Skills: Emphasise skills such as market benchmarking, pay equity audits, and compliance with compensation laws. Provide examples of how you've successfully implemented these in past positions.
Showcase Your Immediate Availability: Since the ideal candidate should start immediately, make sure to mention your availability clearly in your application. This shows your eagerness and readiness to take on the role without delay.
How to prepare for a job interview at HR Heads
✨Know Your Numbers
As a Compensation Manager, you'll need to be well-versed in market trends and salary benchmarks. Research the latest compensation data relevant to the industry and be prepared to discuss how your experience aligns with these figures.
✨Showcase Your Analytical Skills
This role involves conducting market analyses and internal audits. Be ready to share examples of how you've used data to make informed compensation decisions in previous roles, highlighting your analytical prowess.
✨Understand Compliance and Regulations
Familiarise yourself with pay transparency laws and compliance requirements. During the interview, demonstrate your knowledge of these regulations and how you’ve ensured adherence in past positions.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities, especially regarding compensation strategies during organisational changes or M&A. Think of specific scenarios where you successfully navigated such challenges and be ready to discuss them.
