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, gym access, and a vibrant campus environment.
- Other info: Dynamic workplace with opportunities for growth and collaboration.
- Why this job: Make impactful decisions on compensation and work closely with senior leaders.
- Qualifications: Experience in compensation roles and advanced Excel skills required.
The predicted salary is between 45000 - 55000 £ 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: Job Search Place Limited
Benchmark is an exceptional employer, offering a dynamic work environment at our Broadlands Business Campus near Horsham, where employees enjoy modern facilities including an on-site restaurant, coffee shop, and gym. We prioritise employee growth through hands-on roles that influence senior decisions and provide opportunities for professional development, all while maintaining a supportive culture that values collaboration and innovation.
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 researching the company and its compensation strategies. Be ready to discuss how your skills can help them manage budgets and analyse data effectively. Show them you mean business!
✨Tip Number 3
Practice your pitch! You want to be able to clearly explain your experience with compensation analysis and budget management. Keep it concise and focus on how you can add value to their team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
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 stakeholder engagement. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about compensation and how your background makes you a perfect fit for our team. Keep it concise but impactful – we love a good story!
Show Off Your Data Skills:Since this role involves working with complex datasets, don’t shy away from showcasing your advanced Excel skills and any relevant analytical experience. We’re keen to see how you can bring structure to our compensation activities!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at Job Search Place Limited
✨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. Prepare specific examples of how you tracked costs and made recommendations based on your analysis.
✨Understand the Market
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 the interviewers.
✨Communicate Clearly
You’ll need to simplify complex data for non-technical audiences. Practice explaining your past analyses and insights in a straightforward manner. Think about how you can present your findings to senior stakeholders in a way that’s easy to understand.
✨Show Your Stakeholder Skills
This role involves partnering with HRBPs and leadership on pay decisions. Be ready to share examples of how you've influenced decisions in previous roles. Highlight your ability to provide evidence-based compensation advice and how you’ve built relationships with key stakeholders.
