At a Glance
- Tasks: Manage compensation insights and budgets while analysing complex datasets.
- Company: Join a leading financial services firm with a strong reputation.
- Benefits: Enjoy a competitive salary, on-site amenities, and a supportive work environment.
- Other info: Work in a spacious campus with great facilities and career growth opportunities.
- Why this job: Make impactful decisions in compensation while working with senior stakeholders.
- Qualifications: Experience in compensation roles and advanced Excel skills required.
The predicted salary is between 50000 - 60000 £ per year.
You will own compensation insight and cost control across the business. You will track and manage pay against budgets, provide clear analysis to senior stakeholders, and embed market data into hiring and reward decisions. This is a hands-on role. You will work with complex datasets, influence senior decisions, and bring structure and discipline to compensation activity across Benchmark.
What you'll do
- Compensation cost and budget management
- Track salary, bonus and equity costs against approved budgets
- Monitor risks, variances and emerging pressures, with clear recommendations
- Work closely with Finance to align forecasting, reporting and planning
- Analysis and reporting
- Build and maintain compensation models for forecasting and scenario planning
- Produce clear, decision-ready insight for ExCo and senior leadership
- Analyse large datasets accurately and efficiently
- Annual and in-year pay activity
- Support annual compensation reviews and out-of-cycle changes
- Track budget usage and adherence to frameworks
- Maintain clear, audit-ready documentation
- Benchmarking and market data
- Own benchmarking across job families and roles
- Translate market data into practical pay guidance
- Manage relationships with external data providers
- Hiring and Talent Acquisition support
- Provide pay guidance into hiring and offer decisions
- Support benchmarking for new and replacement roles
- Drive consistency and budget discipline across hiring
- Advisory and stakeholder support
- Partner with HRBPs and leadership on pay decisions
- Provide clear, evidence-based compensation advice
- Simplify complex data for non-technical audiences
- Share plans and equity
- Support equity and share plan administration
- Track participation, costs and reporting requirements
- Acquisitions and integration
- Support compensation analysis for acquisitions
- Provide input into due diligence and integration decisions
- Assess pay structures, schemes and alignment
- Governance, risk and equity
- Identify and analyse pay risks and inconsistencies
- Support pay equity and risk reviews
- Maintain controls aligned to governance requirements, including SM&CR principles
The knowledge, experience and qualifications you need
- Experience in compensation, reward, or analytics roles
- Strong experience managing compensation budgets or cost envelopes
- Advanced Excel skills, including modelling and data analysis
- Confidence working with large datasets and complex reports
- Experience presenting insight to senior stakeholders
Desirable
- Experience with share or equity programmes
- Experience supporting annual pay reviews
- Exposure to external market data providers
- Financial services or regulated environment experience
The base
You’ll be based at the Benchmark Head Office, within our Broadlands Business Campus near Horsham in West Sussex but will need to be present across our other offices, including the main Schroders headquarters in London. It has high standards and international reputation, without being in the city: a big, countryside campus means life will feel a little different. We support our offices by using cutting edge software and hardware and our spacious campus facilities mean there's a great working environment for the team. With an on-site restaurant, coffee shop and gym, our campus has much to offer. And commuters can relax on our dedicated regular shuttle bus to and from Horsham’s main line train station.
Compensation Analyst in Horsham employer: ELEVATE Hub Jobs
Benchmark is an exceptional employer, offering a dynamic work environment at our Broadlands Business Campus in West Sussex, where you can thrive as a Compensation Analyst. With a strong focus on employee growth, we provide access to cutting-edge technology and facilities, alongside opportunities for professional development and collaboration with senior stakeholders. Our supportive culture, combined with unique benefits like an on-site restaurant, gym, and dedicated shuttle service, ensures a rewarding and balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Compensation Analyst in Horsham
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to compensation analysis. We recommend using real-life examples from your experience to showcase your skills and how you can add value.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for roles that excite you and fit your expertise in compensation and analytics.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm and professionalism, which is always a plus in the hiring process.
We think you need these skills to ace Compensation Analyst in Horsham
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Compensation Analyst role. Highlight your experience with compensation budgets, data analysis, and any relevant tools you've used. We want to see how your skills align with what we're looking for!
Showcase Your Analytical Skills:Since this role involves working with complex datasets, be sure to showcase your analytical skills in your application. Mention specific projects where you’ve successfully managed data or provided insights that influenced decisions. We love seeing real examples!
Be Clear and Concise:When writing your cover letter, keep it clear and concise. Use straightforward language to explain why you're a great fit for the role. Remember, we appreciate clarity, especially when it comes to complex topics like compensation!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and submit your materials!
How to prepare for a job interview at ELEVATE Hub Jobs
✨Know Your Numbers
As a Compensation Analyst, you'll be dealing with complex datasets and budgets. Brush up on your Excel skills and be ready to discuss how you've managed compensation budgets in the past. Bring examples of how you’ve tracked costs and provided insights to senior stakeholders.
✨Understand Market Trends
Familiarise yourself with current market data and trends in compensation. Be prepared to discuss how you would translate this data into practical pay guidance. Showing that you can benchmark effectively will impress your interviewers.
✨Simplify Complex Data
You’ll need to present insights to non-technical audiences, so practice explaining complex data in simple terms. Think of examples where you've successfully communicated intricate analyses to senior leadership and how it influenced their decisions.
✨Show Your Stakeholder Skills
This role involves partnering with HRBPs and leadership, so highlight your experience in advisory roles. Prepare to discuss how you've built relationships and provided evidence-based compensation advice in previous positions.
