Compensation & Benefits Specialist
Posted 6 hours 40 minutes ago by Jobtailor
Permanent
Full Time
Other
Midlands, United Kingdom
Job Description
- Supporting the development, implementation, and administration of compensation programmes and policies
- Conducting market benchmarking and salary surveys to ensure competitive pay positioning
- Assisting with annual compensation review processes
- Analysing compensation data and provide recommendations based on market trends and internal equity
- Producing compensation reports, dashboards, and insights for the People team and business leaders
- Administering employee reward & benefits programmes, including pensions, healthcare, life assurance, wellbeing initiatives, and voluntary benefits
- Managing relationships with benefits providers and brokers
- Supporting benefits renewals, enrolment activities, and communications campaigns
- Monitoring benefits utilisation and recommend enhancements to improve employee value and engagement
- Assisting in reviewing reward & benefits offerings to ensure they remain competitive and cost-effective
- Ensuring compensation practices comply with relevant employment and equal pay legislation
- Maintaining accurate compensation and benefits data within people systems
- Preparing regular reports and analysis on workforce costs, compensation trends, and benefits participation
- Supporting audits and compliance reviews relating to reward programmes
- Ensuring adherence to GDPR and data privacy requirements when handling employee information
- Partnering with the People Business Partners, Payroll, Finance, and external vendors to ensure seamless delivery of our programmes
- Supporting managers and employees with compensation-related queries and guidance
- Assisting with employee communications and training regarding compensation and benefits programmes
- Experience working in a Compensation, Benefits, Reward, or HR Specialist role
- Strong analytical and numerical skills with the ability to interpret complex data
- Advanced proficiency in Microsoft Excel
- Strong communication and stakeholder management skills
- Knowledge of compensation benchmarking methodologies and benefits administration
- Experience leading/supporting annual salary review cycles
- Understanding employment legislation, equal pay principles, and data privacy
- The ability to work at pace
- Knowledge of job evaluation methodologies (handy but not essential)
- Experience with compensation survey providers (such as Mercer, WTW, or Korn Ferry) (handy but not essential)
- Professional HR qualification (CIPD Level 5 or above) (handy but not essential)
- Experience using Power BI or other reporting tools (handy but not essential)
Demonstrates expertise in compensation and benefits administration, including market benchmarking, data analysis, and compliance with employment legislation. Proficient in stakeholder management and communication to support effective compensation programmes and employee engagement.
Highest-signal resume keywords- Compensation Analysis
- Benefits Administration
- Market Benchmarking
- Microsoft Excel Proficiency
- Stakeholder Management
- Compensation Analysis
- Benefits Administration
- Market Benchmarking
- Data Analysis
- Compensation Survey Methodologies
- Job Evaluation Methodologies
- Annual Salary Review Cycles
- GDPR Compliance
- Data Privacy Understanding
- Compensation Reporting
- Strong Communication
- Analytical Skills
- Numerical Skills
- Ability to Work at Pace
- CIPD Level 5 or Above
- Compensation Programmes
- Employee Benefits
- Equal Pay Legislation
- People Systems
- Workforce Costs
- Microsoft Excel
- Power BI
- Reporting Tools