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 ukrecruitment@capitalone.com. All information will be kept confidential and used solely to apply a reasonable adjustment.
Manager, Compensation Consulting employer: Capital One (Europe) plc
Capital One is an excellent 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 locations provide unique advantages such as modern facilities and a hybrid working model, 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
✨Tip Number 1
Network like a pro! Reach out to current employees at Capital One through LinkedIn or other platforms. Ask them about their experiences and any tips they might have for landing the Manager, Compensation role. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for those interviews by practising your storytelling skills. Think of specific examples from your past work that showcase your compensation management experience and problem-solving abilities. We want to hear how you've influenced decisions and driven results!
✨Tip Number 3
Show off your analytical skills! Be ready to discuss how you've used data to inform compensation strategies in previous roles. Bring along any relevant case studies or presentations you've created to demonstrate your expertise in building compensation models.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining the Capital One team. Let's get you that interview!
We think you need these skills to ace Manager, Compensation Consulting
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 don’t forget to mention any specific tools or skills that match the job description.
Showcase Your Skills:We want to see your strong communication and analytical skills shine through. Use examples from your past experiences to demonstrate how you've influenced decisions or solved problems in a similar context.
Be Data-Driven:Since this role has a data-driven approach, include any relevant metrics or outcomes from your previous roles. If you’ve built compensation models or conducted pay analysis, share those details to show your expertise.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensure you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.
How to prepare for a job interview at Capital One (Europe) plc
✨Know Your Numbers
As a Manager in Compensation Consulting, you'll need to be comfortable with data. Brush up on your advanced Google Sheets and Excel skills before the interview. Be ready to discuss how you've used data to influence compensation decisions in the past.
✨Understand the Business
Familiarise yourself with Capital One's business strategy and how compensation aligns with it. Prepare examples of how you've partnered with HR and senior leaders to develop pay programs that support business objectives. This shows you can think strategically.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills. Think of specific scenarios where you've had to analyse compensation effectiveness or conduct benchmarking. Be ready to explain your thought process and the outcomes of your actions.
✨Showcase Your Communication Skills
Since this role involves influencing senior decision-makers, practice articulating your ideas clearly and confidently. Prepare a mini-presentation on a compensation topic relevant to the role, as this could demonstrate your ability to deliver expert consulting effectively.
