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- Tasks: Lead and manage compensation processes, including salary reviews and bonus calculations.
- Company: Dynamic financial services firm in central London with a focus on employee rewards.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Why this job: Make a real impact on employee satisfaction through innovative compensation strategies.
- Qualifications: Experience in HR, particularly in compensation and benefits management.
- Other info: Join a supportive team and thrive in a fast-paced environment.
The predicted salary is between 48000 - 72000 £ per year.
Base pay range
Compensation & Benefits Manager
Type: Permanent
Location: London
Hybrid: 2 days per week in the office
Catalyst Partners are delighted to be partnering with a Financial Services firm based in central London in search of a Compensation & Benefits Manager. This is a stand alone role managing the full spectrum of compensation and benefits operations for the firm.
Key responsibilities
- Lead and manage the annual salary review process
- Produce bonus calculations and manage deferrals
- Manage long term incentive plans
- Produce regular and ad hoc reporting & insights across the breadth of HR
- Management of the end to end benefits cycle including the benefits renewal window and provider relationships
- Build relationships with stakeholders and be the point of contact for all reward queries
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Human Resources
Industries
Insurance
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Compensation Benefits Manager employer: Catalyst Partners
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Benefits Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for a Compensation & Benefits Manager role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for those interviews by brushing up on your knowledge of compensation structures and benefits management. We recommend practising common interview questions and scenarios related to salary reviews and bonus calculations to show you're ready to hit the ground running.
✨Tip Number 3
Don’t forget to showcase your relationship-building skills! In your conversations, highlight how you've successfully managed stakeholder relationships in the past. This is key for a role that involves being the go-to person for reward queries.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Compensation Benefits Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Compensation & Benefits Manager role. Highlight your experience in managing compensation processes and benefits operations, as this will show us you’re a perfect fit for the job.
Craft a Compelling Cover Letter: Your cover letter should tell us why you’re passionate about this role and how your skills align with our needs. Don’t just repeat your CV; use this space to showcase your personality and enthusiasm for the position.
Showcase Relevant Experience: When filling out your application, be sure to highlight any relevant experience you have in HR, especially in compensation and benefits management. We want to see how you’ve successfully handled similar responsibilities in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. This way, we can easily track your application and ensure it gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Catalyst Partners
✨Know Your Numbers
As a Compensation & Benefits Manager, you'll need to be comfortable with data. Brush up on your knowledge of salary benchmarks, bonus structures, and incentive plans. Be ready to discuss how you've used data in previous roles to drive decisions.
✨Understand the Business
Familiarise yourself with the financial services industry and the specific firm you're interviewing with. Understand their compensation philosophy and how it aligns with their business goals. This will help you tailor your responses and show that you're genuinely interested.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems related to compensation and benefits. Think about past experiences where you've had to manage complex situations or stakeholder relationships, and be ready to share those stories.
✨Build Rapport with Stakeholders
Since this role involves managing relationships with various stakeholders, think about how you can demonstrate your interpersonal skills during the interview. Share examples of how you've successfully built relationships in the past and how you plan to approach this in the new role.
