Benefits and Compensation Specialist
Benefits and Compensation Specialist

Benefits and Compensation Specialist

Full-Time 55000 £ / year No home office possible
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At a Glance

  • Tasks: Support compensation, benefits, and payroll functions across the UK and Europe.
  • Company: Join a dynamic team focused on enhancing employee experiences through innovative benefits strategies.
  • Benefits: Enjoy competitive pay, remote work options, and opportunities for professional growth.
  • Why this job: Be part of a newly created role that shapes employee satisfaction and compliance in a global context.
  • Qualifications: Must have recent experience in UK and European compensation, benefits, and payroll management.
  • Other info: Ideal for detail-oriented individuals who thrive in collaborative environments.

Our client is seeking a full-time compensation and benefits professional to join their team in this newly created role. The role requires a detail-oriented and proactive specialist to support with compensation, benefits, and payroll functions across the UK and Europe. Assisting in the development and implementation of compensation and benefits strategies aligned with business goals and market trends, while also overseeing accurate and compliant payroll processing across multiple European countries.

Key Responsibilities:

  • Oversee the performance and service delivery of all benefits vendors, consultants, and system providers, ensuring prompt resolution of issues.
  • Lead the annual benefit renewals including cost/benefit analyses and recommendations.
  • Manage renewal of expatriate UK Global Private Health Plan and ensure compliance with UK AE pension legislation.
  • Design and implement a comprehensive total rewards strategy.
  • Work with the HR manager to ensure that benefits enhance the employee experience.
  • Keep abreast of legislative updates concerning compensation and benefits to ensure compliance with relevant employment laws and regulations.
  • Manage the company car leasing programme liaising with account managers throughout Europe.
  • Collaborate with HR, Finance, and external vendors to coordinate payroll operations, or include tax compliance and audit readiness.
  • Oversee and act as a support for gathering and submission of all payroll modifications for UK, UK Modified PAYE and 8 European countries.

Candidate Requirements:

  • Must have excellent, recent knowledge and experience of UK and European compensation and benefits as well as European and Ex-pat payroll experience.
  • Experience in managing third party vendor relationships, excellent numerical skills with a high level of accuracy and attention to detail.
  • High proficiency with Microsoft Office especially Excel and data reporting / presentation skills.

Benefits and Compensation Specialist employer: Portfolio HR & Reward

Our client is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the heart of the UK. With a strong focus on employee growth, they provide comprehensive training and development opportunities, ensuring that every team member can thrive in their career. The company also prioritises employee well-being through competitive benefits packages and a supportive culture, making it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

Portfolio HR & Reward Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Benefits and Compensation Specialist

✨Tip Number 1

Familiarise yourself with the latest trends in compensation and benefits across the UK and Europe. This knowledge will not only help you understand the market better but also demonstrate your proactive approach during interviews.

✨Tip Number 2

Network with professionals in the HR and payroll sectors, especially those who have experience with expatriate benefits. Engaging with industry peers can provide valuable insights and potentially lead to referrals.

✨Tip Number 3

Brush up on your Excel skills, particularly in data analysis and reporting. Being able to showcase your proficiency in handling complex data will set you apart from other candidates.

✨Tip Number 4

Stay updated on legislative changes regarding compensation and benefits. Showing that you are informed about compliance issues will highlight your attention to detail and commitment to best practices.

We think you need these skills to ace Benefits and Compensation Specialist

Knowledge of UK and European compensation and benefits
Experience with expatriate payroll processing
Vendor management skills
Numerical proficiency
Attention to detail
Proficiency in Microsoft Excel
Data reporting and presentation skills
Understanding of employment laws and regulations
Analytical skills for cost/benefit analysis
Project management skills
Collaboration skills with HR and Finance teams
Ability to design and implement total rewards strategies
Problem-solving skills
Adaptability to legislative updates

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in compensation and benefits, particularly within the UK and Europe. Use specific examples that demonstrate your attention to detail and proactive approach.

Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about this role and how your skills align with the company's goals. Mention your experience with payroll processing and vendor management to showcase your suitability.

Highlight Relevant Skills: Emphasise your numerical skills and proficiency in Microsoft Office, especially Excel. Provide examples of how you've used these skills in previous roles to manage compensation and benefits effectively.

Showcase Compliance Knowledge: Demonstrate your understanding of UK AE pension legislation and other relevant employment laws. Mention any experience you have in keeping up with legislative updates to show your commitment to compliance.

How to prepare for a job interview at Portfolio HR & Reward

✨Showcase Your Knowledge of Compensation and Benefits

Make sure to highlight your recent experience and knowledge of UK and European compensation and benefits during the interview. Be prepared to discuss specific strategies you've implemented or contributed to in previous roles, as this will demonstrate your expertise and alignment with the company's needs.

✨Demonstrate Attention to Detail

Given the detail-oriented nature of the role, it's crucial to showcase your attention to detail. You might want to prepare examples of how you've successfully managed payroll processing or vendor relationships, ensuring accuracy and compliance in your past positions.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving skills, especially regarding vendor management and compliance issues. Think of situations where you resolved conflicts or improved processes, and be ready to explain your thought process and outcomes.

✨Familiarise Yourself with Relevant Legislation

Stay updated on the latest legislative changes concerning compensation and benefits. Being able to discuss recent updates and their implications for the role will show your commitment to compliance and your proactive approach to staying informed.

Benefits and Compensation Specialist
Portfolio HR & Reward
P
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