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- Tasks: Join our HR team as a Compensation Analyst, handling data analysis and reporting.
- Company: Be part of a leading Global FTSE business in the heart of London.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Make an impact by supporting fair compensation practices and enhancing employee satisfaction.
- Qualifications: Advanced Excel skills and experience with HR systems are essential; analytical mindset is a must.
- Other info: Work closely with finance teams and engage in global compensation projects across multiple locations.
The predicted salary is between 36000 - 60000 £ per year.
Our client is a Global FTSE business looking for a Compensation Analyst to join their HR team in City of London. Ideally, you will have similar experience within a large organisation.
- Advanced Excel skills (pivot tables, vlookups, macros, formulas, and complex workbooks).
- Experience working with HR systems and Compensation Tools to import and export data management (SuccessFactors, ResourceLink, and Payscale Curo).
- Strong analytical and data presentation skills to highlight and present key data points and insights.
- Provide support across a variety of Compensation related tasks, working closely with several HR Systems while also being a key point of contact and decision maker for the efficient delivery of compensation analysis.
- Preparation and production of required reporting/disclosures/data as they relate to regulatory compliance requirements such as Gender Pay Gap, CEO Pay Ratio, etc.
- Working closely with our Finance team to produce remuneration reports for all UK statutory directors for financial analysis on an annual basis.
- Prepare and produce FCA Remuneration data submissions for companies in Singapore, UK, Dubai, and Geneva on an annual basis.
- Maintain the salary benchmarking tool (WTW) and upload up-to-date annual salary data.
- Develop high-quality HCM and market trend analysis to support HR and business leaders.
- Analyse and produce data for presentation purposes and periodic ad hoc reports for committees, boards, and other relevant groups.
- Support in operational areas of compensation including, but not limited to, offer consultation, market data, benchmarking, reporting, reconciliation, and other compensation analytics.
- Maintain records of all employee shareholding, including LTIP awards, SAYE scheme, and ordinary shares to identify monthly share activities and actions.
- Co-ordinate with Company Secretary team to facilitate share vesting activity and executive options.
- Producing payroll information for business insurance renewals for various Group offices.
- Manipulating payroll reports to provide costings information to the accounting teams regularly.
- Prepare, upload, and reconcile global compensation data from the HR System (SuccessFactors) and other sources into our compensation tool (Payscale Curo).
- Conduct UAT in Payscale Curo to ensure the system is in a state of readiness prior to the annual process.
- Manipulating and aggregating large sets of data into various formats within Excel.
- Annual reconciliation of all share information from Shareworks against SuccessFactors and Curo, including uploading any supplementary awards made throughout the year.
- Input and check all salary and bonus recommendations, provided both within the system and offline.
- Provide HR with relevant compensation data to issue paperwork.
- Coordinate any global bonus apportionments that may be required.
- Perform detailed analysis to support compensation decisions.
- Regularly cleanse and validate extensive compensation data throughout the year to ensure accuracy and integrity.
Compensation Analyst in City of London employer: Taylor James Resourcing Limited
Contact Detail:
Taylor James Resourcing Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Compensation Analyst in City of London
✨Tip Number 1
Familiarise yourself with the specific HR systems mentioned in the job description, such as SuccessFactors and Payscale Curo. Having hands-on experience or even completing online tutorials can give you a significant edge during interviews.
✨Tip Number 2
Brush up on your advanced Excel skills, particularly pivot tables, vlookups, and macros. Consider creating sample reports or analyses to demonstrate your proficiency, as this will be crucial for the role.
✨Tip Number 3
Prepare to discuss your analytical skills by gathering examples of how you've used data to influence compensation decisions in previous roles. Be ready to present these insights clearly and confidently.
✨Tip Number 4
Network with professionals in the compensation and HR fields, especially those who work in large organisations. Engaging with them can provide valuable insights and potentially lead to referrals for the position.
We think you need these skills to ace Compensation Analyst in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation analysis, particularly within large organisations. Emphasise your proficiency in Advanced Excel and any HR systems you've worked with, such as SuccessFactors or Payscale Curo.
Craft a Compelling Cover Letter: In your cover letter, explain why you're interested in the Compensation Analyst role specifically. Mention your analytical skills and how they can contribute to the company's compensation strategies, as well as your experience with regulatory compliance reporting.
Showcase Analytical Skills: Provide examples of past projects where you used data analysis to drive decisions or improve processes. Highlight your ability to present complex data clearly, as this is crucial for the role.
Proofread Your Application: Before submitting, carefully proofread your application materials. Ensure there are no typos or grammatical errors, as attention to detail is key in a role that involves managing sensitive compensation data.
How to prepare for a job interview at Taylor James Resourcing Limited
✨Showcase Your Excel Skills
Since advanced Excel skills are crucial for this role, be prepared to discuss your experience with pivot tables, vlookups, and macros. You might even want to bring examples of complex workbooks you've created or worked on.
✨Familiarise Yourself with HR Systems
Make sure you understand the HR systems mentioned in the job description, such as SuccessFactors and Payscale Curo. If possible, try to get hands-on experience or at least read up on how these tools function and their relevance in compensation analysis.
✨Prepare for Data Presentation Questions
Given the emphasis on analytical and data presentation skills, be ready to explain how you've highlighted key data points in previous roles. Consider preparing a brief presentation or summary of a past project that involved data analysis.
✨Understand Regulatory Compliance
Since the role involves preparing reports related to regulatory compliance, brush up on concepts like the Gender Pay Gap and CEO Pay Ratio. Being able to discuss these topics will show your understanding of the broader context of compensation analysis.
