At a Glance
- Tasks: Manage executive compensation solutions and collaborate with diverse teams globally.
- Company: Join EY, a leading global professional services firm.
- Benefits: Flexible work environment, competitive salary, and comprehensive benefits package.
- Why this job: Shape the future of executive rewards and make a real impact.
- Qualifications: Experience in executive compensation and strong analytical skills required.
- Other info: Dynamic role with opportunities for career growth and global collaboration.
The predicted salary is between 80000 - 120000 £ per year.
Location: London
Other locations: Anywhere Globally
Requisition ID: 1622171
At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.
The opportunity
This role is responsible for managing the implementation of executive reward (compensation, benefits and performance) solutions according to the agreed timeline, process, and standards. The role involves coordinating compensation deployment cycles, working closely with colleagues in Region Talent teams, managing and maintaining relationships to enable execution, and resolving or escalating issues as they arise. Additionally, the role will gather feedback from regions to enable continuous improvement of executive compensation solutions and delivery methods.
Your key responsibilities
- Understand and support the execution of the agreed Executive Compensation service strategy.
- Design and administer reward programs for EY’s top executives in partnership with internal and external resources.
- Understand agreed executive compensation processes and standards necessary to ensure effective deployment.
- Manage/coordinate the delivery of compensation cycles to ensure the effective deployment of the compensation solution.
- Work closely with Region Talent teams to ensure effective delivery at the local level and to resolve or escalate issues as they arise.
- Manage and maintain strong connections with Region Talent teams (manage 1-2-1 discussions and/or Region networks).
- Work with Region specialists to capture structured feedback on compensation cycle delivery.
- Capture, present, and discuss opportunities for continuous improvement with Performance & Reward colleagues in the Executive.
- Work with Talent colleagues to monitor the effectiveness of executive reward design and delivery.
- Propose new solutions or define changes/improvements to existing services and solutions as required.
- Customize/develop executive compensation documentation provided by Reward colleagues to clearly communicate compensation processes and policies to Regions/Service Lines.
- Understand and help communicate the link between compensation and the Global Career Framework.
- Monitor external trends and best practices in Reward and Executive Compensation and propose ways to optimize the service or efficiency of service delivery.
- Work flexibly as part of project teams/squads as a subject matter expert (SME).
- Provide technical insights and knowledge to ensure the effective design and implementation of new or improved Talent solutions.
Analytical/Decision Making Responsibilities:
- Make decisions relating to the management and coordination of compensation cycle delivery (start, middle, and year-end).
- Gather and analyze feedback and other data/information to monitor and assess service performance.
- Highlight opportunities for improvement.
- Analyze and leverage market and business insights to provide input to the development of the Performance & Reward service strategy and solutions.
Supervision Responsibilities:
- Work closely with Talent colleagues (Global, Region, and HRS) to manage the deployment of compensation solutions, monitor performance, and ensure effective feedback to drive improvement.
- Proactively participate in meetings to ensure effective execution of Talent function strategy and associated processes.
- Conduct analysis or research to resolve issues and propose solutions to improve compensation performance.
- Help establish, prepare, and optimize meetings and networks with global and Region Talent teams to communicate changes to strategy or solutions, share best practices, and capture needs across the firm.
Skills and attributes for success
- Strong knowledge of Reward, executive compensation, and related processes.
- Advanced data modelling, visualization and MS Powerpoint skills.
- Knowledge and interest in Talent strategy, trends, leading practices, services, and solutions.
- Ability to participate effectively in virtual teams and networks across diverse and dispersed geographies.
- Collaborate effectively across the talent ecosystem at Executive and Region levels.
- Ability to communicate clearly and succinctly across the organization to ensure processes, ways of working, and standards are understood.
- Organizational skills and attention to detail - the ability to operate to a clear process/plan, within budget and effective time frames.
- Analytical skills to track and interpret trending directions for specialism and identify potential future options.
- Experience in a closely related Talent role bringing insights and experience of service design and delivery.
- Demonstrable experience of collaborating with Talent or business colleagues across geographies to deploy an agreed Talent service and resolve issues effectively.
- Strong experience of working effectively in globally dispersed teams to enhance services, frameworks, processes, and standards.
Ideally, you’ll also have
- Demonstrable experience of working in a central team to manage networks and share insights and best practices to help enhance service delivery and performance at a local level.
- Demonstrable experience of working flexibly as part of a project team/squad to provide subject matter expertise and ensure the effective design and quality of service solutions.
- Demonstrable experience of working in fast-paced, ambiguous, stressful environments to deliver required results.
What we look for
- Educated to degree level.
- Higher professional or master’s qualification in a related discipline is preferred, not required.
- Active membership in related professional bodies or industry groups is preferred, not required.
- Due to global nature of the role; travel and willingness to work alternative hours will be required.
- Due to global nature of the role; English language skills - excellent written and verbal communication will be required.
What we offer you
The compensation ranges below are provided in order to comply with United States pay transparency laws. Other geographies will follow their local salary guidelines, which may not be a direct conversion of published US salary ranges. At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.
We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $136,700 to $263,200. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $164,100 to $299,100. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Are you ready to shape your future with confidence? Apply today.
EY accepts applications for this position on an on-going basis. EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities.
Executive Compensation Senior Consultant - Associate Director - fixed term in City of London employer: Ernst & Young Advisory Services Sdn Bhd
Contact Detail:
Ernst & Young Advisory Services Sdn Bhd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Executive Compensation Senior Consultant - Associate Director - fixed term in City of London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at EY through LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching EY’s values and recent projects. We want to see that you’re genuinely interested in shaping a better working world with us, so be ready to discuss how your skills align with our mission.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your responses. This will help you showcase your experience effectively.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows that you’re keen on the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Executive Compensation Senior Consultant - Associate Director - fixed term in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Executive Compensation Senior Consultant role. Highlight your relevant experience in executive reward and compensation processes, as this will show us you understand what we're looking for.
Showcase Your Skills: Don’t forget to emphasise your analytical skills and experience with data modelling. We want to see how you can leverage these skills to improve our executive compensation solutions, so give us some solid examples!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to communicate your experiences and achievements, as this will help us quickly grasp your fit for the role.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you’ll ensure your application gets to the right people and you won’t miss out on any important updates during the process!
How to prepare for a job interview at Ernst & Young Advisory Services Sdn Bhd
✨Know Your Stuff
Make sure you have a solid understanding of executive compensation and reward strategies. Brush up on the latest trends and best practices in the industry, as this will help you speak confidently about how you can contribute to the role.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data modelling and analysis. Be ready to provide examples of how you've used these skills to improve compensation processes or resolve issues in previous roles.
✨Build Connections
Highlight your ability to collaborate with diverse teams. Share specific instances where you've successfully managed relationships with colleagues across different regions, as this is crucial for the role.
✨Ask Insightful Questions
Prepare thoughtful questions that demonstrate your interest in the company's executive compensation strategy. This shows you're not just focused on the role but also on how you can contribute to the bigger picture at EY.