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- Tasks: Manage competitive compensation packages and support talent retention strategies.
- Company: Join Axway, a leader in enterprise software with a collaborative culture.
- Benefits: Flexible work options, competitive salary, and opportunities for professional growth.
- Other info: Dynamic team environment with global project involvement and career advancement.
- Why this job: Make a real impact on talent management and compensation practices.
- Qualifications: Degree in HR or Economics and 1-3 years of relevant experience.
The predicted salary is between 40000 - 50000 £ per year.
We are seeking our new Compensation Specialist to join the Axway team! The Compensation Specialist plays a crucial role in managing competitive compensation packages to attract and retain talent. She/he performs participation in salary surveys, conducts benchmarking studies, and ensures fair and equitable pay practices within the organization. She/he will also be involved in global projects/processes related to Compensation & Benefits. Position is open for location across Eastern Europe or in the UK.
Responsibilities
- Participate in compensation surveys, gather and organize compensation data from various internal and external sources to support compensation decisions and talent retention.
- Support the maintenance and updates of our salary structure to ensure alignment with business objectives and external market.
- Act as internal consultant to provide recommendations for compensation adjustments based on job evaluations, pay gap analysis, market data, and internal equity.
- Support Talent acquisition for new hire offers.
- Support the annual compensation review process: budget definition, planning, preparation, training & communication supports.
- Participate in global projects like global grading, variable compensation plan harmonization, Pay transparency, etc.
- Support preparation of compensation-related reports and documentation for audits, governance, or regulatory purposes.
- Provide compensation analysis & reports at Group/Country levels, to support management in decision making process.
The role involves collaborating with various internal stakeholders, including HR Business Partners, Talent Acquisition, Finance, Sales Operations, and external Survey providers.
Qualifications
- Bachelor's or master’s degree in HR or Economics.
- 1 to 3 years’ experience, ideally in Compensation Specialist role.
- Strong analytical skills.
- Knowledge of market surveys like AON/Radford, IPAS, Mercer, etc. and their job evaluation methodology.
- Knowledge of Sales incentive programs is a plus.
- Strong Excel proficiency. Knowledge of Workday & Power BI is a plus.
- Good communication and presentation skills.
- Fluent or business proficient: English (mandatory), other language is a plus.
Compensation Specialist in London employer: Axway
Contact Detail:
Axway Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the HR and compensation fields. Attend industry events or webinars to meet potential employers and learn about job openings that might not be advertised.
✨Tip Number 2
Prepare for interviews by researching common compensation-related questions. Brush up on your knowledge of salary surveys and benchmarking studies, as these are key topics for a Compensation Specialist role.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to make compensation decisions in past roles. This will demonstrate your ability to support management in decision-making processes.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Compensation Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compensation Specialist role. Highlight your relevant experience, especially in compensation analysis and salary surveys. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compensation and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality!
Show Off Your Analytical Skills: Since this role requires strong analytical skills, be sure to mention any specific tools or methodologies you've used in past roles. If you've worked with Excel or market surveys, let us know how you’ve applied those skills effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at Axway
✨Know Your Numbers
As a Compensation Specialist, you'll need to be comfortable with data. Brush up on your knowledge of salary surveys and benchmarking studies. Familiarise yourself with tools like AON/Radford and Mercer, as well as Excel functions that can help you analyse compensation data effectively.
✨Showcase Your Analytical Skills
During the interview, be prepared to discuss how you've used your analytical skills in previous roles. Bring examples of how you've conducted pay gap analyses or job evaluations. This will demonstrate your ability to provide valuable recommendations for compensation adjustments.
✨Understand the Company Culture
Research Axway's values and culture before your interview. They emphasise collaboration and togetherness, so think about how you can contribute to this environment. Be ready to share examples of how you've worked effectively in teams or supported talent acquisition in the past.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. For instance, you might be asked how you would handle discrepancies in compensation data or how you'd support the annual compensation review process. Practise articulating your thought process clearly and confidently.