At a Glance
- Tasks: Design and implement innovative compensation programs across our international teams.
- Company: Join Capital One, a leader in financial services with a collaborative culture.
- Benefits: Enjoy competitive salary, generous holiday, private medical insurance, and flexible benefits.
- Other info: Hybrid working model with excellent career progression opportunities.
- Why this job: Make a real impact on compensation strategies while developing your career.
- Qualifications: Experience in compensation management and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
About this role
Capital One is seeking a Manager, Compensation to join our International compensation team. This role is responsible for designing, planning, and implementing compensation programs, policies, and procedures across our international footprint. We work in a business-casual, collaborative environment with a data-driven approach to compensation and a focus on the associate experience. The ideal candidate will have strong communication, influencing, and problem-solving skills and the ability to translate business objectives into actionable solutions.
What you’ll do
- Partner with HR and senior business leaders to develop pay programs for our International Business while aligning with Capital One’s HR and business strategy internationally.
- Deliver expert compensation consulting and develop proposals and presentations about compensation programs (including market data and pay levels/targets) to influence senior decision-makers.
- Serve as the primary compensation point of contact for mid-year and year-end compensation cycles for assigned client groups, ensuring smooth execution and adherence to controls.
- Contribute to strategic compensation projects and processes across client groups.
- Collaborate with recruiters to develop competitive offer packages for external hires.
- Perform deep analysis on effectiveness and competitiveness of compensation programs and model potential impacts of alternatives.
- Conduct benchmarking and job evaluations using market data and internal evaluation; analyze market position and recommend market adjustments.
- Research and formulate recommendations on external and internal offers, job leveling, and internal equity using salary surveys and internal tools.
- Draft plans, educational materials, and communications for associates, managers, and HR partners regarding compensation initiatives.
- Be an influential HR leader who partners with HR analytics and benefits teams to build strategic initiatives beyond compensation programs.
- Demonstrate understanding of labour and pay equity laws to audit and develop internal compensation practices, including corrective actions as needed.
- Provide compliance consultation to HR and business clients.
What we’re looking for
- Compensation management experience, preferably within a regulated industry.
- Experience building compensation models and conducting pay analysis.
- Experience in a client consulting role.
- Advanced Google Sheets / Excel skills (VBA, macros, array functions) and experience developing data-based stories in PowerPoint / Google Slides.
- Strong attention to detail in compensation analytics and presenting to senior leaders.
- Ability to work cross-functionally and globally with many stakeholders to drive decisions.
- Experience with Workday (desirable).
- Experience with benchmarking tools (BetterComp) or reporting tools (Tableau, Business Objects).
- Knowledge of HR and compensation, including local laws and regulations relating to compensation.
Where and how you’ll work
This is a permanent position and can be based in Nottingham or London. We have a hybrid working model: you’ll be based in the office 3 days a week (Tuesday, Wednesday, Thursday) and can work from home on Monday and Friday.
What’s in it for you
- Rewarding role contributing to the roadmap of an organisation committed to transformation.
- Strong and diverse career progression with Capital One University training and external providers.
- Immediate access to core benefits including pension, bonus, generous holiday entitlement, private medical insurance, and flexible benefits such as season-ticket loans, cycle to work, and enhanced parental leave.
- Open-plan workspaces with accessible facilities; Nottingham offers a gym, restaurant, mindfulness and music rooms, and London offers a rooftop running track and cafe.
Capital One is committed to diversity in the workplace. If you require a reasonable adjustment, please contact. All information will be kept confidential and used solely to apply a reasonable adjustment.
Manager, Compensation Consulting in London employer: Capital One (Europe) plc
Capital One is an exceptional employer, offering a dynamic and collaborative work environment that prioritises the associate experience. With a strong commitment to employee growth through Capital One University training and a range of core benefits including generous holiday entitlement and private medical insurance, employees can thrive both personally and professionally. The Nottingham and London offices provide unique amenities such as gyms and rooftop running tracks, making it an attractive place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Compensation Consulting in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Capital One on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews by practising common compensation-related questions. Think about how you can showcase your experience with pay analysis and compensation models. We want to see you shine!
✨Tip Number 3
Don’t forget to tailor your approach! When discussing your experience, align it with Capital One’s focus on data-driven compensation and the associate experience. Show us how you can contribute to our goals.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged with our hiring process.
We think you need these skills to ace Manager, Compensation Consulting in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Manager, Compensation role. Highlight your relevant experience in compensation management and consulting, and show how your skills align with our needs at Capital One.
Showcase Your Skills:Don’t forget to emphasise your advanced Google Sheets/Excel skills and any experience you have with data analysis tools. We love seeing candidates who can turn numbers into compelling stories, so include examples of your work!
Be Clear and Concise:When writing your application, keep it clear and to the point. Use bullet points where possible to make it easy for us to see your key achievements and qualifications. Remember, we’re looking for strong communication skills!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at Capital One (Europe) plc
✨Know Your Numbers
Brush up on your compensation analytics skills before the interview. Be ready to discuss how you’ve used data to influence pay programmes and present your findings effectively. Capital One values a data-driven approach, so showcasing your analytical prowess will definitely impress.
✨Master the Art of Communication
Since this role involves influencing senior decision-makers, practice articulating your ideas clearly and confidently. Prepare examples of how you've successfully communicated complex compensation strategies in the past. Remember, strong communication is key to making an impact!
✨Understand the Business Landscape
Familiarise yourself with Capital One’s business strategy and how compensation fits into it. Research their international footprint and think about how you can align compensation programmes with their goals. This shows that you’re not just a numbers person but also a strategic thinker.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills and ability to handle real-world compensation challenges. Think of scenarios where you had to make tough decisions or navigate complex situations. Being prepared with specific examples will help you stand out as a candidate who can deliver actionable solutions.
