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For Companies At a Glance
- Tasks: Support compensation activities and provide expert advice to HR and business stakeholders.
- Company: Join a respected global financial organisation with a strong reputation in the industry.
- Benefits: Enjoy competitive pay, professional growth opportunities, and a dynamic work environment.
- Why this job: This role offers a chance to influence compensation strategies and work with senior leaders.
- Qualifications: Experience in financial services and strong analytical skills are essential for success.
- Other info: This position requires an EU work permit and is open to diverse applicants.
The predicted salary is between 43200 - 72000 £ per year.
Seeking a Compensation Specialist for a well-respected global financial organization to support all compensation activity. This is a fantastic opportunity with a breadth of responsibilities for an individual to continue to grow and develop expertise in this space.
Responsibilities Include:
- Providing expert advice relating to all aspects of compensation to HR Business Partners and broader business stakeholders.
- Supporting projects and processes in the compensation space including salary benchmarking, analytics, and annual remuneration review.
- Preparing materials for and presenting to senior leaders including CEO and COO.
- Advising on structuring creative and competitive compensation packages to attract and retain employees.
- Leading and facilitating the business on all regulatory remuneration requirements including processes and disclosures, and attending the Regulatory Forum to ensure all relevant controls are in place.
- Providing reporting as required around variable compensation pay out reconciliation.
Core Requirements Include:
- Experience of working within the financial services sector within the compensation space, preferably within banking.
- Good understanding of the regulatory, legal, and social requirements for compensation across the UK and EMEA regions.
- Experience working with HR systems and Compensation Tools to import and export data management.
- Strong analytical skills to draw out key data points and insights with the ability to manipulate this into meaningful outputs and interpret the data.
McGregor Boyall is an equal opportunity employer and does not discriminate on any grounds.
Compensation Analyst employer: JR United Kingdom
Contact Detail:
JR United Kingdom Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in compensation within the financial services sector. Understanding current market practices will not only help you in interviews but also demonstrate your commitment to staying informed in this dynamic field.
✨Tip Number 2
Network with professionals already working in compensation roles, especially within banking. Attend industry events or join relevant online forums to build connections and gain insights that could give you an edge during the hiring process.
✨Tip Number 3
Prepare to discuss specific examples of how you've used analytical skills to influence compensation decisions in previous roles. Being able to articulate your experience with data manipulation and reporting will showcase your suitability for the role.
✨Tip Number 4
Research the regulatory requirements surrounding compensation in the UK and EMEA regions. Showing that you have a solid understanding of these regulations can set you apart as a candidate who is ready to tackle the complexities of the role.
We think you need these skills to ace Compensation Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of a Compensation Analyst. Familiarise yourself with key terms like salary benchmarking, regulatory remuneration requirements, and compensation analytics.
Tailor Your CV: Customise your CV to highlight relevant experience in the financial services sector, particularly in compensation. Emphasise your analytical skills and any experience with HR systems and compensation tools.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for compensation analysis and your understanding of the regulatory landscape in the UK and EMEA. Mention specific projects or achievements that demonstrate your expertise.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at JR United Kingdom
✨Know Your Compensation Fundamentals
Brush up on your knowledge of compensation structures, salary benchmarking, and regulatory requirements. Being able to discuss these topics confidently will show that you understand the core responsibilities of a Compensation Analyst.
✨Prepare for Analytical Questions
Expect questions that assess your analytical skills. Be ready to discuss how you've used data to inform compensation decisions in the past, and think of examples where you've drawn insights from complex datasets.
✨Showcase Your Communication Skills
As you'll be presenting to senior leaders, practice articulating your thoughts clearly and concisely. Prepare to explain complex compensation concepts in simple terms, demonstrating your ability to communicate effectively with various stakeholders.
✨Familiarise Yourself with HR Systems
Since experience with HR systems and compensation tools is crucial, make sure you can discuss any relevant software you've used. Highlight your ability to manage data efficiently and how you've leveraged technology in your previous roles.
