Compensation Analyst

Dalton Recruitment is looking for a Compensation Analyst to join a national business and take responsibility for supporting the company in developing, managing and administering a robust compensation and benefits policy, providing key data and analysis to ensure that employee packages are competitive, equitable and in line with the relevant market conditions.

This is a permanent opportunity with a salary up to £55,000 (depending on experience) + 10% bonus + benefits

With a strong analytical mindset gained in previous Compensation & Benefits or Total Reward roles and with the support of a Reward Analyst the successful candidate will play a pivotal role in the HR function with responsibilities including:

• All annual reward cycle processes e.g., annual pay review, annual bonus, LTIP etc.
• All benefit provisions e.g., private medical insurance, pension, long service awards, salary sacrifice schemes etc.
• Grading methodology and matrix
• KPI’s for the UK business as well as Group reporting
• HR tools including Talentsoft, SAP, Zellis (reporting/dashboard)
• Policies & procedures linked to compensation & benefits including Reward & Recognition schemes e.g., employee of the month
• Maintain & develop the client’s brand and develop initiatives to drive their profile in the market.
• Supporting employee development through various programme setups/monitoring
• Analyse, review and recommend changes to compensation and benefits in the UK
• Lead the benchmarking, research, and analysis of compensation & benefit programs
• Identify trends and emerging legislation
• Ensure plans remain compliant, market competitive & fit for purpose.
• Consider appropriate courses of action including pros & cons
• Make recommendations, prepare business cases and cost projections to support recommendations.
• To support in the provision of data for monthly/annual reporting including remuneration statements, bonus/commission, minimum wage, salary reviews, gender pay reporting etc.
• Deliver key people performance/metrics indicator reports for business managers for inclusion in business reports to include statistical data, charts and trends

Reporting directly into the HR Director, this is a fantastic opportunity for someone to broaden their Reward experience in a semi-autonomous position and have responsibility for developing the way the organisation remunerates its staff in the future.

The position is offered on a full time, permanent basis with four days per week based in the Basingstoke HQ and one day working from home.

Knowledge and skills required to be considered include:

• 2 years’ experience in a Reward/Compensation & Benefits role
• Familiarity with a variety of reward concepts, practises and procedures
• Experience of working with IT systems and Data Management
• Enhanced knowledge and skills in Microsoft Excel.
• Ability to work under pressure to tight deadlines.
• Ability to prioritise workloads to achieve deadlines.
• Good presentation skills.
• Good interpersonal skills with the ability to relate to a broad spectrum of individuals.
• Excellent numeric skills.
• Experience of Talent soft would be an advantage.
• Confidentiality

Apply today for immediate consideration. Dalton Recruitment Ltd is acting as a recruitment agency in relation to this role. We will always try to respond to all applications individually but due to the high volume we receive, this may simply not be possible. If you do not hear back from us within 3 working days, please accept our apologies but please also assume you have been unsuccessful on this occasion.