At a Glance
- Tasks: Support the team in managing compensation and benefits while aligning with business goals.
- Company: Join a dynamic company focused on employee well-being and strategic growth.
- Benefits: Enjoy competitive pay, professional development, and a supportive work environment.
- Other info: Great opportunity for career advancement in a collaborative setting.
- Why this job: Make a real difference in how employees are rewarded and supported.
- Qualifications: CIPD qualification or equivalent, HR experience, and strong Excel skills required.
The predicted salary is between 35000 - 45000 € per year.
Role Summary
Responsible for supporting the compensation and benefits team with the administration, communication design, implementation and governance of compensation and benefits, whilst also providing support of strategic business objectives in the Compensation and Benefits area.
Responsibilities
- Support the Compensation and Benefits Manager with the organisation's Compensation strategy to align with business objectives.
- Lead the participation of annual remuneration surveys collating data in preparation of submissions.
- Analysis of external market data surveys and benchmarking against internal compensation rates and provide statistical reporting to senior HR. Provide initial recommendations on offshore rates and onshore bandings in line with the Companies strategic objectives.
- Responsible for the administration of employee benefits completing monthly checks ensuring employees have appropriate cover.
- Provide support with market total compensation analysis contributing to recommendations for salary structures and benefits.
- Conduct job evaluations of new and updated job descriptions utilising the company’s Job Evaluation scheme.
- Preparation of Onshore bandings annually for approval as per the Company’s approval matrix.
- Maintenance of onshore bandings (grade and grade profile) within the HRIS.
- Initiate the renewal process for all employee benefits by providing census data and preparing summary cost analysis to support informed decision making, ensuring timely benefit renewal.
- Responsible for the maintenance of the personnel manning costing templates which support the regional HR teams in tender costing.
- Support the region in the application process of income protection and life assurance claims that may arise.
- Verification of medical and benefit invoices received by the Compensation and Benefits Team and ensure they are correct before sent for payment.
- Collate and report Offer Determinations, providing insights on global and regional compensation trends to HR Management.
- Support the Compensation and Benefits Coordinator in the collation of monthly bonus accruals as directed by the Compensation and Benefits Manager.
- Support the business providing advice/recommendations with regards to compensation and benefits for potential new countries of operation.
- Support in the administration of leavers for the company’s LTIP.
- Comply with all company policies and procedures and local labour laws regarding benefits and compensation.
- Perform other duties, complete additional tasks and support ad hoc projects as required as directed by the Compensation and Benefits Manager.
- Take personal responsibility for own continued professional development and undertake any training as required.
Qualifications and Experience
- Working towards (or achieved) CIPD qualification or local equivalent.
- Previous experience in an HR professional role, with previous experience in compensation and benefits preferred.
- Highly organised and responsive, with the ability to handle multiple tasks simultaneously and work to tight deadlines.
- Ability to maintain accuracy and attention to detail while working in a complex, challenging environment.
- Ability to work as a team and individually, uses own initiative to identify and prioritise.
- The role also requires that a high level of confidentiality be maintained.
- HRIS experience, in particular Workday.
- Excellent Excel skills.
- Microsoft Office.
Compensation and Benefits Advisor employer: Borr Drilling Ltd
As a Compensation and Benefits Advisor in Aberdeen, you will join a dynamic team that prioritises employee well-being and professional growth. Our inclusive work culture fosters collaboration and innovation, offering comprehensive benefits and opportunities for career advancement. With a commitment to aligning compensation strategies with business objectives, we ensure that our employees are rewarded fairly while contributing to meaningful organisational goals.
StudySmarter Expert Advice🤫
We think this is how you could land Compensation and Benefits Advisor
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Compensation and Benefits Advisor role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company’s compensation strategy and benefits offerings. Show them you’re not just another candidate; you’re genuinely interested in how they align with their business objectives. We love seeing candidates who do their homework!
✨Tip Number 3
Practice your pitch! Be ready to explain how your previous experience aligns with the responsibilities of the role. Highlight your analytical skills and attention to detail, especially when discussing market data analysis and job evaluations.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate individuals who want to contribute to our team’s success in compensation and benefits.
We think you need these skills to ace Compensation and Benefits Advisor
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compensation and Benefits Advisor role. Highlight relevant experience and skills that match the job description, like your HR background and any specific compensation and benefits knowledge.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your experience aligns with our strategic objectives. Keep it concise but impactful!
Showcase Your Skills:Don’t forget to highlight your analytical skills and attention to detail in your application. Mention any experience with HRIS systems like Workday and your proficiency in Excel, as these are key for the role.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Borr Drilling Ltd
✨Know Your Stuff
Make sure you understand the key responsibilities of a Compensation and Benefits Advisor. Brush up on your knowledge of compensation strategies, employee benefits administration, and market analysis. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Skills
Highlight your experience with HRIS systems, especially Workday, and your Excel skills. Prepare examples of how you've used these tools in previous roles to analyse data or streamline processes. This will demonstrate your technical proficiency and ability to contribute from day one.
✨Prepare for Scenario Questions
Expect questions that ask how you would handle specific situations, like conducting job evaluations or managing benefit renewals. Think through some scenarios in advance and be ready to explain your thought process and decision-making. This will help you stand out as a problem-solver.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about the company's compensation strategy or how they measure success in the role. This shows your genuine interest in the position and helps you assess if the company is the right fit for you.
