At a Glance
- Tasks: Shape compensation strategies for 17,000 colleagues and lead annual pay cycles.
- Company: Join KPMG UK’s dynamic Compensation team with a values-led culture.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Other info: Opportunity for career growth in a fast-paced, innovative environment.
- Why this job: Make a real impact on how we reward our talented workforce.
- Qualifications: Experience in compensation roles and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
Join KPMG UK’s Compensation team and help shape how we reward around 17,000 colleagues across the firm. Reporting to the Compensation Director, you’ll partner with senior stakeholders across the business and HR to deliver the UK compensation strategy, annual pay and bonus cycles, and transformation initiatives. You’ll bring strong analytics and market insight to shape the compensation agenda, influence decisions and challenge constructively delivering fair, competitive and commercially sustainable pay outcomes that support performance, profitability and efficiency. You’ll be working within a complex environment, as part of high performing, values led Reward team.
What you’ll bring
- Proven delivery: Experience in Compensation / Reward manager level roles within complex organisation(s).
- Collaboration: Work in partnership with HRBPs, Reward / Compensation / Centres of Excellence and business leaders, embedding yourself in teams to co-own outcomes and deliver at pace.
- Influence and challenge with data and insights: Use analytics and market intelligence to shape recommendations, challenge thinking constructively and drive evidence-based decisions.
- Value-focused: Prioritise work that improves business performance, profitability and efficiency, balancing competitiveness with cost and risk.
- Proactive and outcome-focused: Anticipate needs, interpret what the data means (not just what it says) and provide clear, practical advice leaders can act on.
- Align strategy with execution: Translate business direction into practical plans, governance and delivery across annual cycles and change initiatives.
What you’ll do
- Partner with assigned client group(s) to provide end-to-end expert proactive compensation advice, including market trends, benchmarking, salary modelling, bonus schemes and pay gap analysis.
- Design, deliver and evolve, compensation programmes and outputs such as supporting bonus and incentive arrangements in line with firm principles and market practice, focusing on value, consistency and measurable impact.
- Build a strong understanding of the commercial context and operating model of the areas you support, anticipating needs and proactively turning insight into clear recommendations and actions.
- Build trusted relationships with HR peers and senior stakeholders, influencing with data and insight and challenging constructively to deliver fair, consistent outcomes.
- Work closely with the business, HR peers, and wider people function co-owning decisions to deliver compensation activities and projects end to end.
- Lead elements of the annual salary and bonus review cycle, including design input, project management, modelling and delivery in line with firm strategy, timelines and governance.
- Create and maintain compensation tools and provide insights that improve decision-making and increase efficiency, working with our offshore team, automating processes where appropriate.
- Conduct market analysis, using survey data to support internal equity and external competitiveness.
- Support the Compensation Director in delivering strong governance and compliance across all compensation activity, ensuring documentation exists and policies are reviewed regularly and remain fit for purpose.
- Contribute to the ongoing development of the UK compensation strategy, principles and guidance, bringing insight from delivery, stakeholder feedback and external trends.
- Act as an escalation point and provide day to day direction / guidance to the Compensation Assistant Manager(s), particularly when aligned to your client group, and / or project workstream(s).
- Coach and develop, in the flow of work, the Compensation Assistant Managers, providing in the moment feedback, and quality assurance to support consistency and governance.
- Deliver high quality ad hoc compensation projects as required, prioritising effectively and focusing on outcomes that improve performance, profitability and efficiency.
- Work proactively with a high degree of autonomy, applying sound judgement with a solution focussed mindset, and escalating appropriately where needed.
Skills and competencies
- Experience managing a salary and bonus review cycle in a large, matrixed organisation.
- Proven experience in Compensation & Benefits / Reward manager level roles within complex, matrixed organisation(s).
- You must have UK Compensation market knowledge, experience and understanding.
- Experience using market benchmarking tools and working with HRIS data (for example Mercer, WTW or equivalent).
- Strong commercial acumen and a governance-minded approach, with awareness of UK pay and reporting considerations (e.g. equal pay, pay transparency and pay gap reporting).
- Strong stakeholder management and relationship building skills, with the ability to influence credibly at senior levels.
- In-depth knowledge and understanding of salary surveys and compensation theory and practice.
- Excellent communication, influencing and presentation skills, able to translate complex analysis into clear messages for different audiences.
- Advanced Excel skills, including building robust cost and scenario modelling tools.
- Strong logical, analytical thinking, and peer to peer problem solving; is able to work through complex problems methodically.
- Works at pace, and is a self-starter, with the ability to maintain resilience and effectiveness during sustained periods of pressure, change or uncertainty.
- Can work proactively in ambiguity and a “just in time” environment, executing according to project plans with a high level of attention to detail.
- Proactively drives continuous improvement in tools, processes and all compensation activities.
- A team player who works collaboratively but also thrives working independently with the ability to plan and prioritise own workload effectively within a very busy, fast paced environment, across multiple demands.
- Takes responsibility for their actions and decisions.
- Has a can-do attitude and positive mindset.
The People and Resourcing domain’s purpose is to enable the Group’s business strategy through its people. We maintain our position as an employer of choice by fostering a values-led culture, enabling our people to thrive, and delivering a positive experience through the employee lifecycle. We are a strategic HR function that leverages digitisation, automation, and data-driven insights to enhance decision-making and productivity.
Compensation Manager in Manchester employer: KPMG UK
KPMG UK is an exceptional employer, offering a dynamic work environment where you can make a significant impact on the compensation strategy for 17,000 colleagues. With a strong focus on employee growth, collaboration, and a values-led culture, KPMG provides ample opportunities for professional development while fostering a supportive atmosphere that encourages innovation and continuous improvement. Located in the heart of the UK, employees benefit from a vibrant city life alongside a commitment to work-life balance and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Compensation Manager in Manchester
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, or even reach out on LinkedIn. The more connections you make, the better your chances of hearing about job openings before they’re advertised.
✨Tip Number 2
Prepare for interviews by researching the company and its compensation strategies. Understand their values and how they align with your own. This will help you tailor your responses and show that you’re genuinely interested in contributing to their goals.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience in compensation management can add value to their team. Use specific examples from your past roles to demonstrate your impact and how you can help shape their compensation agenda.
✨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 and take the initiative to engage with us directly.
We think you need these skills to ace Compensation Manager in Manchester
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in compensation and reward management. Use the job description as a guide to showcase how your skills align with what we're looking for.
Showcase Your Analytical Skills:Since we value strong analytics, include examples of how you've used data to influence decisions in previous roles. This will help us see your ability to drive evidence-based outcomes.
Highlight Collaboration Experience:We love team players! Share instances where you've worked closely with HRBPs or business leaders to achieve common goals. This shows us you can embed yourself in teams and co-own outcomes.
Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can't wait to hear from you!
How to prepare for a job interview at KPMG UK
✨Know Your Numbers
As a Compensation Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics related to compensation and be ready to discuss how you've used data to influence decisions in the past. Prepare examples of salary modelling or bonus schemes you've worked on.
✨Understand the Market
Familiarise yourself with current UK compensation trends and benchmarking tools like Mercer or WTW. Be prepared to discuss how these insights can shape the compensation strategy at KPMG. Showing that you’re up-to-date will impress the interviewers.
✨Build Relationships
Highlight your experience in collaborating with HRBPs and senior stakeholders. Share specific examples of how you've built trusted relationships and influenced outcomes in previous roles. This will show that you can co-own decisions and deliver results effectively.
✨Be Proactive and Solution-Focused
Demonstrate your ability to anticipate needs and provide clear, actionable recommendations. Prepare to discuss a time when you turned insight into action, especially in a complex environment. This will showcase your proactive mindset and problem-solving skills.