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For Companies At a Glance
- Tasks: Support Burberry's global compensation strategy through data analysis and programme management.
- Company: Join Burberry, a creative luxury brand committed to sustainability and community impact since 1856.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and development in a global setting.
- Why this job: Be part of a values-driven team that champions creativity and drives industry change.
- Qualifications: Proactive problem-solver with experience in compensation and strong analytical skills required.
- Other info: Burberry is an Equal Opportunities Employer, valuing diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
INTRODUCTION
At Burberry, we believe creativity opens spaces. Our purpose is to unlock the power of imagination to push boundaries and open new possibilities for our people, our customers and our communities. This is the core belief that has guided Burberry since it was founded in 1856 and is central to how we operate as a company today.
We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world as well, creating the next generation of sustainable luxury for customers, driving industry change and championing our communities.
JOB PURPOSE
As the Analyst, Global Compensation you will be responsible for supporting Burberry\’s compensation approach within the broader reward strategy. Your role will support activities across a broad range of compensation elements, including base pay benchmarking, bonus and variable pay programme development and management (including retail variable pay plans), job evaluation, pay transparency support, salary range development, and external benchmarking.
RESPONSIBILITIES
You will be involved in
- Assisting in the design, implementation, and communication of competitive global compensation programmes aligned with business strategy and local market practices
- Supporting the annual reward review process through data analysis, reporting for HR Business Partners and in preparation of communications materials
- Maintaining, refresh and enhance compensation data systems and tools including job codes to improve efficiency and reporting capabilities
- Carrying out job evaluations and partner with HR and the business to improve transparency into our grading structure
- Monitoring global compensation trends and best practices, recommending adjustments to keep programs competitive and aligned with organisational goals
- Supporting our global approach to pay transparency, advising on communication frameworks, governance, and compliance across regions
- Supporting our approach to market benchmarking to ensure global compensation survey data allows us to assess market competitiveness and to ensure that we adopt the best approach to the provision of market data
PERSONAL PROFILE
- Proactive and excited at the prospect of solving problems in a state of business transformation
- Compensation or broader reward experience
- Experience in managing bonus and incentive pay programmes
- Knowledge of compensation benchmarking tools and job evaluation methodologies (e.g. Radford, Mercer, Willis Towers Watson)
- Ability to analyse complex data and translate insights into actionable recommendations and process improvements
- Good communication and stakeholder management skills
- Comfortable navigating ambiguity and change and managing multiple priorities in a fastpaced, global environment
- Proven experience of adopting a mindset of continuous improvement to make current ways of working more efficient and effective
FOOTER
Burberry is an Equal Opportunities Employer and as such, treats all applications equally and recruits purely on the basis of skills and experience. #J-18808-Ljbffr
Burberry Global Compensation Analyst employer: Burberry
Contact Detail:
Burberry Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Burberry Global Compensation Analyst
✨Tip Number 1
Familiarise yourself with Burberry's values and mission. Understanding their commitment to creativity and sustainability will help you align your conversations and demonstrate how your skills can contribute to their goals.
✨Tip Number 2
Network with current or former employees of Burberry, especially those in HR or compensation roles. They can provide valuable insights into the company culture and the specific skills that are highly valued for the Global Compensation Analyst position.
✨Tip Number 3
Stay updated on global compensation trends and best practices. Being knowledgeable about the latest developments in compensation strategies will allow you to engage in informed discussions during interviews and showcase your expertise.
✨Tip Number 4
Prepare to discuss your experience with compensation benchmarking tools and methodologies. Be ready to share specific examples of how you've used these tools to drive improvements in previous roles, as this will demonstrate your capability for the position.
We think you need these skills to ace Burberry Global Compensation Analyst
Some tips for your application 🫡
Understand the Role: Before applying, take time to thoroughly understand the responsibilities and requirements of the Global Compensation Analyst position at Burberry. Tailor your application to highlight relevant experiences that align with their needs.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in compensation or reward management, particularly in areas like bonus programmes and job evaluations. Use specific examples to demonstrate your skills.
Showcase Analytical Skills: Since the role involves data analysis and translating insights into recommendations, make sure to include examples of how you've successfully analysed complex data in past roles. This will show your capability to handle the analytical aspects of the job.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your enthusiasm for the role but also connects your personal values with Burberry's commitment to creativity and sustainability. Make it clear why you want to be part of their team.
How to prepare for a job interview at Burberry
✨Understand Burberry's Values
Before the interview, take some time to research Burberry's core values and mission. Understanding their commitment to creativity and sustainability will help you align your answers with their ethos, showing that you're a good cultural fit.
✨Showcase Your Analytical Skills
As a Global Compensation Analyst, you'll need strong analytical abilities. Be prepared to discuss specific examples of how you've analysed complex data in the past and how those insights led to actionable recommendations. This will demonstrate your capability to handle the responsibilities of the role.
✨Familiarise Yourself with Compensation Tools
Make sure you are well-versed in compensation benchmarking tools and job evaluation methodologies mentioned in the job description, such as Radford or Mercer. Being able to discuss these tools confidently will show your expertise and readiness for the position.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving skills in a fast-paced environment. Think of examples where you've navigated ambiguity or managed multiple priorities, and be ready to explain your thought process and outcomes.
