Compensation Manager in London

Compensation Manager in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead compensation strategies and ensure alignment across global HR teams.
  • Company: Join Leggett & Platt, a leader in innovative solutions and global collaboration.
  • Benefits: Enjoy competitive pay, comprehensive benefits, and opportunities for professional growth.
  • Other info: Be part of a supportive team focused on continuous improvement and innovation.
  • Why this job: Make a real impact on compensation practices in a dynamic global environment.
  • Qualifications: 5-7 years of compensation experience and strong analytical skills required.

The predicted salary is between 60000 - 80000 £ per year.

Leggett & Platt, Incorporated, is seeking to hire a Compensation Manager to work with our Global Human Resources team. As the Compensation Manager at Leggett & Platt, this position will partner with HR teams to provide support on compensation and benefits related topics while ensuring regional and country compensation programs are aligned and consistently maintained within the global job and compensation framework.

Primary Responsibilities

  • Serve as the main point of contact for consulting on compensation policies, programs, and procedures within Europe.
  • Work closely with the compensation team to ensure the global compensation philosophy is consistently applied and executed across Business Units and region.
  • Partner with HR to ensure consistent and standardized compensation practices are maintained throughout Business Units and region.
  • Lead market research and conduct periodic reviews of the compensation framework, including evaluating and benchmarking jobs, providing recommendations for compensation and incentive levels, and reviewing overall market competitiveness.
  • Support compensation regulatory reporting requirements for region (e.g. UK Gender Pay Gap, EU Pay Transparency Directive).
  • Manage year-end compensation planning processes, including annual salary reviews and bonus/incentive calculations and payments.
  • Work closely with other subject matter experts on global projects related to compensation and HR initiatives, including process improvement opportunities in supporting Leggett’s HR and business strategy.
  • Assist the HR technology team in maintaining accurate employee and job information/data used for HR reporting and processes.
  • Support HR technology implementations related to compensation policies and programs.
  • Develop training materials and deliver education sessions to educate the broader HR team on compensation policies and initiatives.
  • Provide support on benefits-related activities, including information collation, programme review, and alignment with global philosophy.

Requirements

  • Advanced education/degree in Human Resources, Finance, Business, or a related field of study.
  • At least 5-7 years of compensation experience, preferably in a medium-to-large global company.
  • Strong working knowledge of HR and compensation related legislation, policies and practices within Europe.
  • Deep understanding of job architecture, grading, levelling, and benchmarking processes.
  • Proactive and self-driven with confidence in working with senior leaders and cross-functional teams.
  • Strong analytical and leadership skills.
  • Prior experience working with a Human Capital Management System (HCMS); SAP preferred.

Compensation Manager in London employer: Leggett & Platt, Inc.

Leggett & Platt, Incorporated is an exceptional employer that fosters a collaborative and inclusive work culture, particularly for the Compensation Manager role within our Global Human Resources team. Employees benefit from comprehensive training opportunities, competitive compensation packages, and a commitment to professional growth, all while working in a dynamic environment that values innovation and teamwork across Europe.
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Contact Detail:

Leggett & Platt, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Compensation Manager in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the HR and compensation field. Attend industry events or webinars to meet new people. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by researching the company’s compensation philosophy. Understand their values and how they align with your experience. This will help you tailor your responses and show that you're the perfect fit for the role.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience in compensation management clearly and confidently. The more you practice, the more comfortable you'll feel during the real deal.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!

We think you need these skills to ace Compensation Manager in London

Compensation Policies
Benefits Management
Market Research
Job Benchmarking
Regulatory Reporting
Compensation Planning
HR Technology Implementation
Training Development
Analytical Skills
Leadership Skills
Human Capital Management System (HCMS)
Communication Skills
Cross-Functional Collaboration
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Compensation Manager role. Highlight your relevant experience in compensation policies and practices, especially within a global context. We want to see how your background aligns with our needs!

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 you can contribute to our team. Be sure to mention any specific experiences that relate to the job description.

Showcase Your Analytical Skills: As a Compensation Manager, strong analytical skills are key. In your application, provide examples of how you've used data to inform compensation decisions or improve processes. We love seeing numbers in action!

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it makes the whole process smoother for everyone involved.

How to prepare for a job interview at Leggett & Platt, Inc.

✨Know Your Compensation Stuff

Make sure you brush up on your knowledge of compensation policies and practices, especially within Europe. Familiarise yourself with the latest trends in compensation frameworks and be ready to discuss how you can apply them at Leggett & Platt.

✨Showcase Your Analytical Skills

Prepare to demonstrate your analytical abilities by discussing past experiences where you've evaluated compensation frameworks or conducted market research. Bring examples that highlight your skills in benchmarking jobs and making data-driven recommendations.

✨Understand the Global Perspective

Since this role involves working with a global HR team, it’s crucial to understand how compensation practices vary across regions. Be ready to talk about how you would ensure consistency in compensation practices while respecting local regulations and cultural differences.

✨Engage with HR Technology

Familiarise yourself with Human Capital Management Systems, particularly SAP, as this will be a key part of your role. Be prepared to discuss how you’ve used technology to support compensation processes and improve efficiency in previous positions.

Compensation Manager in London
Leggett & Platt, Inc.
Location: London

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