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- Tasks: Oversee employee rewards and benefits, ensuring they align with company goals.
- Company: Join a leading organization focused on attracting and retaining top talent.
- Benefits: Enjoy competitive compensation, compliance with labor laws, and a supportive work culture.
- Why this job: Make a real impact by enhancing employee satisfaction and reducing turnover.
- Qualifications: Experience in HR practices, compensation management, and strong analytical skills required.
- Other info: Opportunity to conduct research on emerging trends and best practices in compensation.
The predicted salary is between 42000 - 84000 £ per year.
Job brief We are looking for a Compensation and Benefits Specialist to oversee and administer the employees perfect rewards and smart benefits. You will assess personnel needs and draft targeted programs that will increase performance organizational trust and satisfaction. The goal is to attract retain and motivate highquality employees while reducing turnover and enhancing our company’s profile as the best place to work. Responsibilities Define a fair equitable and competitive total compensation and benefits package that fits and is aligned to our company’s strategy and business goals Develop a consistent compensation philosophy in line with the work culture and organizational objectives Ensure that compensation practices are in compliance with current legislation (pay equity human rights etc) Use various methods and techniques and make databased decisions on direct financial indirect financial and nonfinancial compensations Assess employees needs by conducting organizational psychology surveys to find out what motivates and engages employees Prepare job descriptions job analysis job evaluations and job classifications Participate in salary and labor market surveys to determine prevailing pay rates and benefits Differentiate pay systems to invest in the segments of the workforce that contribute the most value Deploy effective communication strategies and success metrics Conduct ongoing research into emerging trends issues and best practices Conduct periodic audits and prepare reports Requirements Proven working experience as a Compensation and Benefits Specialist Prior experience in HR practices and compensation cycle management Working knowledge of job evaluation and job analysis systems Previous experience with organizational psychology and labor market surveys Adequate knowledge of current labor rules and regulations Familiarity with various types of incentives and benefits Extensive knowledge of HRIS and MS Office Strong quantitative and analytical skills BS degree in human resources business administration or finance Skills HR practices, compensation cycle management, job evaluation, job analysis systems
Compensation and Benefits SpecialistLondon UK employer: FallenAmbers
Contact Detail:
FallenAmbers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation and Benefits SpecialistLondon UK
✨Tip Number 1
Familiarize yourself with the latest trends in compensation and benefits. Research what other companies are offering to stay competitive and be prepared to discuss how you can implement similar strategies at StudySmarter.
✨Tip Number 2
Network with professionals in the HR field, especially those who specialize in compensation and benefits. Attend industry events or join online forums to gain insights and make connections that could help you stand out during the hiring process.
✨Tip Number 3
Brush up on your knowledge of labor laws and regulations relevant to compensation practices. Being well-versed in compliance will demonstrate your expertise and commitment to ethical practices, which is crucial for this role.
✨Tip Number 4
Prepare to showcase your analytical skills by thinking of examples where you've used data to drive decisions in previous roles. Highlighting your ability to assess employee needs through surveys and market research will be key in impressing us.
We think you need these skills to ace Compensation and Benefits SpecialistLondon UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in compensation and benefits, HR practices, and any relevant skills. Use keywords from the job description to demonstrate that you meet the requirements.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about compensation and benefits. Mention specific experiences that align with the responsibilities listed in the job description, such as conducting salary surveys or developing compensation packages.
Showcase Analytical Skills: Since strong quantitative and analytical skills are essential for this role, provide examples in your application of how you've used data to make informed decisions in previous positions.
Highlight Compliance Knowledge: Emphasize your understanding of labor rules and regulations in your application. Mention any relevant certifications or training that demonstrate your commitment to compliance in compensation practices.
How to prepare for a job interview at FallenAmbers
✨Understand the Compensation Landscape
Make sure to research current compensation trends and practices in the industry. Being knowledgeable about competitive pay rates and benefits will show that you are proactive and well-prepared.
✨Demonstrate Analytical Skills
Prepare to discuss your experience with data analysis and how you've used it to make informed decisions in previous roles. Highlight specific examples where your analytical skills led to successful outcomes.
✨Showcase Your HR Knowledge
Be ready to talk about your understanding of HR practices, especially in relation to compensation and benefits. Discuss any relevant legislation and how you ensure compliance in your work.
✨Engage with Organizational Psychology
Since the role involves assessing employee needs, be prepared to discuss your experience with organizational psychology surveys. Share insights on how you've used this information to enhance employee satisfaction and retention.
