Manager, Remuneration & Benefits UK
Manager, Remuneration & Benefits UK

Manager, Remuneration & Benefits UK

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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Link Group

At a Glance

  • Tasks: Lead the UK Remuneration & Benefits team, managing key projects and supporting HR initiatives.
  • Company: Join MUFG Pension & Market Services, a global leader in financial services with a focus on innovation.
  • Benefits: Enjoy 26 days annual leave, health perks, gym subscriptions, and a supportive work environment.
  • Why this job: This role offers career growth, a dynamic team culture, and the chance to make a real impact.
  • Qualifications: Strong knowledge of UK employment law, experience in remuneration management, and excellent communication skills required.
  • Other info: Flexible working hours and opportunities for professional development are part of the package.

The predicted salary is between 43200 - 72000 £ per year.

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Overview:
The Manager, Remuneration & Benefits UK will be based on a hybrid basis from our stunning city centre office in Leeds, reporting to the Director, Remuneration & Benefits, based out of Australia.
The role holder will lead the UK-based Remuneration & Benefits team, combining strategic leadership with hands-on delivery of remuneration and benefits programmes, including key projects such as onboarding a new pension provider and managing the annual benefits enrolment window. You’ll also provide expert support to HR Business Partners and senior leaders across the UK and Ireland, ensuring the delivery of strategic and operational initiatives across the region.
Please note that the role is part of a global team, so you will need the flexibility to work outside core business hours as required.
You’ll get the chance to follow your chosen career path anywhere in MUFG Pension & Market Services. You’ll be joining a network of experienced, innovative and dedicated individuals across multiple teams and countries. There are countless opportunities to learn new skills and develop in your career and we’ll provide the support you need to do just that.

Benefits:
26 days annual leave, plus a wellbeing day, a volunteer day, bank holidays and the opportunity to buy up to 5 days’ extra each year
Health, wellbeing and lifestyle rewards that can be tailored to support you and your family. Everything from: Employee Assistance Programme; Discounts on retail and socialising; Travel and technology; cycle2work scheme; A host of gym and fitness subscriptions; Car Salary Sacrifice scheme
Appreciate programme: Employee recognition programme
Company Pension Scheme
Medical insurance
Life Assurance
Paid Maternity, Paternity, Adoption Leave, Shared Parental Leave

What you need:
As with any role, we want to find the right person and we want to make sure you know it’s the right role for you too. You will need:
• A strong understanding of UK and Irish employment law pension schemes and benefits compliance
• Demonstrable experience managing remuneration and benefits programmes, including salary benchmarking, annual pay reviews and consultations on flexible benefits
• Previous experience leading, supporting and developing a team, in addition to managing complex projects across multiple regions
• Excellent stakeholder management with experience supporting senior leaders
• Exceptional verbal and written communication skills with the ability to build and maintain relationships with a variety of internal and external stakeholders
• An analytical mindset, with a proficiency in data interpretation and reporting
• Previous experience of working with an HRIS such as Oracle or Workday

Day to Day, you will:
• Support the delivery of the global reward strategy, including best practice job architecture and a remuneration framework to drive the desired strategic outcomes across the business
• Own the UK & Ireland benefits processes and programmes, including contractual insurances, voluntary benefits and pension obligations and linking business needs to the reward strategy, ensuring programmes support talent attraction, retention and engagement
• Drive the development and refinement of processes and practices to align with business goals and the remuneration & benefits roadmap
• Ensure remuneration practices and employee benefit offerings at MUFG Pension & Market Services are aligned to industry benchmarks across the UK & ROI locations
• Lead the onboarding of a new pension provider, including vendor engagement, implementation planning and stakeholder communication
• Manage the annual benefits enrolment window, ensuring timely execution, employee engagement and compliance with all regulatory requirements
• Provide remuneration support and consultancy to HR stakeholders during the annual global salary and bonus review process, including effective communication to different business areas and the HR teams
• Oversee compliance with automatic enrolment obligations and reporting in the UK
• Support benchmarking and analytics for pay, including salary survey submissions and market competitiveness assessments for the UK & Ireland, in addition to supporting the remuneration review cycle
• Provide advice and guidance on our approach to global mobility, ensuring alignment with our strategic objectives
• Provide support with the annual goal setting and performance management cycle
• Lead and develop the Remuneration & Benefits team in the UK, fostering a high-performance culture, ensuring alignment with global and regional HR strategies
• Provide expert support to HR Business Partners and senior leaders in the UK and Ireland on topics such as the Gender Pay Gap, benefits strategy, global mobility and TUPE, in addition to ensuring our compliance with legislative requirements, including the National Minimum/Living Wage, Gender Pay Gap Reporting and the Remuneration Code
• Provide insight and analysis of reporting data and manage third-party suppliers
• Work collaboratively with Payroll, Finance and the Tax teams on pay and benefit related matters, fostering strong working relationships

The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.

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Manager, Remuneration & Benefits UK employer: Link Group

MUFG Pension & Market Services is an exceptional employer, offering a dynamic work environment in the heart of Leeds, where you can thrive both personally and professionally. With a strong focus on employee wellbeing, generous benefits including 26 days of annual leave plus additional days for volunteering and wellbeing, and a commitment to career development, you'll find ample opportunities to grow within a supportive global team. Join us to be part of a culture that values innovation, collaboration, and recognition, ensuring that your contributions are acknowledged and rewarded.
Link Group

Contact Detail:

Link Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Manager, Remuneration & Benefits UK

✨Tip Number 1

Familiarise yourself with UK and Irish employment law, especially regarding pension schemes and benefits compliance. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the remuneration and benefits field, particularly those who have experience in managing complex projects across multiple regions. Engaging with industry peers can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Prepare to discuss your experience in leading teams and managing remuneration programmes during the interview. Be ready to share specific examples of how you've successfully implemented changes or improvements in previous roles.

✨Tip Number 4

Showcase your analytical skills by being prepared to discuss how you've used data interpretation and reporting in past roles. Highlight any tools or systems you've worked with, such as HRIS platforms like Oracle or Workday.

We think you need these skills to ace Manager, Remuneration & Benefits UK

Strong understanding of UK and Irish employment law
Pension schemes and benefits compliance
Experience managing remuneration and benefits programmes
Salary benchmarking
Annual pay reviews
Consultations on flexible benefits
Team leadership and development
Project management across multiple regions
Stakeholder management
Exceptional verbal and written communication skills
Data interpretation and reporting
Experience with HRIS such as Oracle or Workday
Analytical mindset
Compliance with regulatory requirements
Benchmarking and analytics for pay
Collaboration with Payroll, Finance and Tax teams

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in managing remuneration and benefits programmes. Include specific examples of salary benchmarking, annual pay reviews, and any relevant projects you've led.

Craft a Compelling Cover Letter: In your cover letter, emphasise your understanding of UK and Irish employment law, and how your analytical mindset can contribute to the role. Mention your experience with HRIS systems like Oracle or Workday.

Showcase Stakeholder Management Skills: Provide examples in your application that demonstrate your ability to manage relationships with senior leaders and internal stakeholders. Highlight any successful collaborations or projects that required strong communication skills.

Highlight Leadership Experience: Discuss your previous experience in leading and developing teams. Share specific instances where you fostered a high-performance culture and aligned team goals with broader business objectives.

How to prepare for a job interview at Link Group

✨Understand Employment Law

Make sure you brush up on UK and Irish employment law, especially regarding pension schemes and benefits compliance. Being able to discuss these topics confidently will show your expertise and understanding of the role.

✨Showcase Your Leadership Skills

Prepare examples of how you've led teams and managed complex projects in the past. Highlight your experience in supporting and developing team members, as this role requires strong leadership capabilities.

✨Demonstrate Stakeholder Management

Be ready to discuss your experience with stakeholder management. Provide specific examples of how you've supported senior leaders and built relationships with various internal and external stakeholders.

✨Prepare for Data Interpretation Questions

Since the role involves an analytical mindset, be prepared to answer questions related to data interpretation and reporting. You might be asked to analyse a scenario or provide insights based on data, so practice articulating your thought process.

Manager, Remuneration & Benefits UK
Link Group
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