At a Glance
- Tasks: Lead compensation strategies and manage pay review processes across global operations.
- Company: Mace, a dynamic consultancy redefining construction and ambition.
- Benefits: Flexible working options, inclusive culture, and opportunities for professional growth.
- Other info: Join a diverse team and explore various career paths within the organisation.
- Why this job: Make a real impact on global compensation practices and drive fairness in pay.
- Qualifications: Experience in compensation analytics, pay review software, and strong Excel skills.
The predicted salary is between 60000 - 80000 £ per year.
Overview
Mace combines construction expertise with consultancy to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we consult and define the people we want to join us on our journey.
Responsibilities
- The technical pay review system builds in partnership with our provider.
- Pay review tools to access pay and bonus spend and analytics in partnership with HR analytics.
- Pay equity, pay transparency and compensation guidance.
- Developing and maintaining salary ranges for all countries where the business operates.
- Providing guidance to recruiters, HRBP's and leaders on the appropriate use of Reward levers to inform pay decisions.
- Input into budgeting process, distributing agreed budgets, and developing merit/bonus guidelines.
- Managing all aspects of salary data submissions to salary surveys.
- Providing compensation benchmarking using market data from the salary surveys available to the business.
- Designing and maintaining the global job catalogue that defines roles, skills, and progression.
- Providing guidance and training on the formal grading of jobs, using the Mercer IPE job grading methodology.
Qualifications
- Experience with pay review software and the technical set up of a pay review. Oracle experience desirable.
- Expertise in international compensation benchmarking, pay review SME and the use of pay-related technology.
- Experience in compensation analytics and reporting with high proficiency in Excel and with PowerBI experience desirable.
- Managing day-to-day queries and all reporting relating to the annual bonus and salary review process.
- Experience of career framework creation and the maintaining of global job catalogues that define roles, skills, and progression.
- Mercer IPE job grading methodology experience is desirable.
- High attention to detail, ability to work under pressure and sound numeric capability.
- Stakeholder and project management.
Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all the criteria, please apply as you may still be the best candidate for this role or another role within our organisation. We are also open to discussing part time, flexible, and hybrid working options if suitable within the role.
Senior Compensation Manager in London employer: Hunt
Contact Detail:
Hunt Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in your industry, especially those who work at Mace or similar companies. A friendly chat can open doors and give you insider info that could help you stand out.
✨Tip Number 2
Prepare for the interview by researching Mace's values and recent projects. We want to see how you align with our mission and how you can contribute to our journey. Show us you’re not just another candidate!
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We love authenticity! Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your achievements.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression. It shows you’re genuinely interested in the role and gives you another chance to reiterate why you’re a great fit.
We think you need these skills to ace Senior Compensation Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Compensation Manager role. Highlight your expertise in pay review software and international compensation benchmarking to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compensation management and how your background makes you a perfect fit for Mace. Don’t forget to mention any experience with Mercer IPE job grading methodology!
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, be sure to highlight your proficiency in Excel and any experience with PowerBI. We love seeing candidates who can crunch numbers and provide insights from data!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our journey at Mace!
How to prepare for a job interview at Hunt
✨Know Your Numbers
As a Senior Compensation Manager, you'll need to be comfortable with data. Brush up on your compensation analytics and reporting skills, especially in Excel and PowerBI. Be ready to discuss how you've used these tools in past roles to drive pay decisions.
✨Understand the Pay Review Process
Familiarise yourself with the technical setup of pay review software, particularly if you have experience with Oracle. Prepare to explain how you've managed pay reviews in previous positions and how you can contribute to Mace's pay review system.
✨Showcase Your Stakeholder Management Skills
This role involves working closely with HRBPs and leaders. Think of examples where you've successfully guided stakeholders on compensation-related decisions. Highlight your ability to communicate complex information clearly and effectively.
✨Emphasise Your Attention to Detail
With high attention to detail being crucial for this role, prepare to share instances where your meticulousness has made a difference. Whether it's managing salary data submissions or ensuring accuracy in benchmarking, demonstrate how your precision has positively impacted outcomes.