At a Glance
- Tasks: Design and implement innovative compensation programs while collaborating with HR and business leaders.
- Company: Join Capital One, a leading tech-driven financial company focused on innovation and inclusivity.
- Benefits: Enjoy competitive salary, flexible working arrangements, and access to extensive training programmes.
- Other info: Be part of a diverse team committed to transformation and personal growth.
- Why this job: Make a real impact on employee experience through data-driven compensation strategies.
- Qualifications: Experience in compensation management and strong analytical skills are essential.
The predicted salary is between 60000 - 75000 £ per year.
Here at Capital One, Compensation is an important component of our Total Rewards strategy which focuses on delivering Total Rewards that compel the best people to join and stay with Capital One and empower them to live their best lives. We are looking for a Manager, Compensation to join our International compensation team who are detailed, results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment. 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 where one’s contributions are recognised, successes are elevated and effort is rewarded. We bring an analytically rigorous, data-driven approach to compensation and are focused on improving the associate experience including associate understanding of pay. The ideal candidate for this role should exhibit strong communication, influencing, and problem-solving skills towards all stakeholders. Experience gathering requirements and digging into the details of business objectives along with the ability to translate these requirements into terms that others can develop solutions for is critical.
What you’ll do:
- Partner with HR and senior business leaders to develop pay programs for our International Business while ensuring alignment with the HR and business strategy for Capital One internationally.
- Deliver expert compensation consulting and develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level 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 managing within internal and external controls.
- Contribute to strategic compensation projects, key initiatives or processes horizontally across client groups.
- Collaborate with recruiters to develop competitive offer packages for external hires.
- Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives.
- Conduct benchmarking and job evaluations using market data and internal evaluation, and regularly analyse our market position on jobs; make recommendations on market adjustments.
- Research and formulate recommendations on external and internal employment offers, job leveling, and internal equity adjustments through the use of salary surveys and internal compensation tools.
- Draft plans, educational materials, and communications designed to provide associates, managers, and HR partners with timely and accurate information regarding compensation initiatives.
- Be an influential HR leader who thinks beyond compensation programs and builds strategic initiatives in close partnership with our HR analytics and benefits teams.
- Demonstrate an understanding of labour and pay equity laws to effectively audit, analyse and develop internal compensation practices inclusive of corrective actions as needed.
- Provide compliance consultation to HR and your business clients.
What we’re looking for:
- Compensation management experience, preferably within a regulated industry.
- High level of experience with building compensation models and conducting pay analysis.
- Experience in a client consulting role.
- Advanced Google Sheets / Excel skills (VBA, macros, array functions) and experience in developing data-based stories in PowerPoint / Google Slides.
- Great attention to detail to understand compensation analytics and how to present to senior business leaders.
- Ability to work cross-functionally and globally with lots of stakeholders to drive compensation decisions.
- Experience with Workday (desirable).
- Experience with benchmarking tools (BetterComp) or reporting tools (Tableau, Business Objects).
- Knowledge of human resources and compensation, including knowledge of local laws/regulations relating to compensation.
This is a permanent position and can be based in our Nottingham or London office. We have a hybrid working model, so you’ll be based in our office 3 days a week on Tuesdays, Wednesdays and Thursdays, and can work from home on Monday and Friday. Many of our associates have flexible working arrangements, and we’re open to talking about an arrangement that works for you.
What’s in it for you:
- Bring us all this - and you’ll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation.
- We offer high performers strong and diverse career progression, investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers).
- Immediate access to our core benefits including pension scheme, bonus, generous holiday entitlement and private medical insurance – with flexible benefits available including season-ticket loans, cycle to work scheme and enhanced parental leave.
- Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym, subsidised restaurant, mindfulness and music rooms. In London, you can heighten your mood with a run on our rooftop running track or an espresso at the Workshop Coffee café.
We pride ourselves on hiring the best people, not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are, whatever you look like, wherever you come from. We know it’s about what you do, not just what you say. That’s why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages.
If you require a reasonable adjustment, please contact ukrecruitment@capitalone.com. All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.
Capital One is committed to diversity in the workplace.
Manager, Compensation Consulting in Lincoln employer: Capital One UK
At Capital One, we pride ourselves on being an exceptional employer, offering a collaborative and inclusive work culture that values each associate's contributions. Our London office provides a vibrant environment with unique perks such as a rooftop running track and a fully-serviced gym, while our commitment to employee growth is evident through extensive training programmes and diverse career progression opportunities. Join us to be part of a forward-thinking team dedicated to transforming the banking experience and making a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Compensation Consulting in Lincoln
✨Join HR Networks
Get involved in HR-specific communities, like the Chartered Institute of Personnel and Development (CIPD) and local HR meetups. This is a fantastic way to connect with industry professionals and learn about job openings before they even hit job boards!
✨Make Your Presence Known
Attend HR conferences and workshops in your area to network with potential employers. Don't be shy—introduce yourself, exchange business cards, and let them know you're keen on a full-time role in HR. Who knows, you might just land a friendly face at Capital One UK!
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We think you need these skills to ace Manager, Compensation Consulting in Lincoln
Some tips for your application 🫡
Show Off Your HR Skills:When you’re crafting your CV, make sure you highlight specific HR skills that are relevant to the role at Capital One UK. Include any experience with recruitment processes, employee relations, or performance management, and don’t forget to mention your familiarity with HR software or tools that could give you an edge.
Tailor Your Cover Letter:Your cover letter is your chance to shine, so tailor it to Capital One UK and the specific HR role. Highlight your passion for people management and how your unique approach can help foster a positive workplace culture. Be sure to sprinkle in examples from your past experiences that illustrate your problem-solving abilities and interpersonal skills.
Include Relevant Certifications:If you’ve got any HR certifications or relevant training under your belt, be sure to showcase them! These qualifications can really set you apart from other candidates when applying for this full-time HR position at Capital One UK. List them prominently on your CV to catch the hiring manager's eye.
Align with Company Culture:Make sure your application speaks to Capital One UK's values and culture. Research the company and align your experiences or values with what they stand for. This will show them that you're not only a fit for the role but also for the overall vibe of the team and organisation.
How to prepare for a job interview at Capital One UK
✨Brush Up on HR Best Practices
As you're diving into human resources, it’s crucial to be well-versed in the latest HR practices and legislation. Get familiar with key topics like employee engagement, talent acquisition, and diversity initiatives, as these could easily pop up in your interview with Capital One UK.
✨Know Your Recruitment Tools
Most HR roles involve using various recruitment tools and ATS (Applicant Tracking Systems). Make sure you can comfortably discuss platforms like Workday or Greenhouse. If you've had direct experience, share those examples; if not, show your eagerness to learn!
✨Highlight Your People Skills
A full-time HR role at Capital One UK will require strong interpersonal skills. Prepare to share stories that demonstrate how you’ve successfully navigated conflicts or supported team members in past experiences. Authenticity goes a long way in this field.
✨Stay Current with HR Trends
Being up to speed with current HR trends, like remote working protocols or mental health initiatives, can set you apart. Be ready to discuss how these trends could impact Capital One UK and how you would contribute to adapting HR strategies.
