Compensation & Benefits Specialist

Job Title: Compensation & Benefits Specialist

Location: Bristol (Hybrid, 3 days/week)

Contract: Permanent, Full-Time

Salary: £50,000 - £55,000

About the Role:

We're looking for an experienced Compensation & Benefits Specialist to join a growing UK organisation. You'll be responsible for managing and improving pay, benefits, and payroll operations, ensuring reward practices are competitive, compliant, and aligned to business needs.

Working closely with HR Business Partners and Finance, you'll act as the subject matter expert on reward, providing guidance, governance, and operational excellence across payroll, benefits, and total reward.

Key Responsibilities:

• Oversee end-to-end payroll through an external provider, ensuring accuracy and compliance
• Lead compensation and benefits initiatives, including benchmarking and market analysis
• Act as a reward SME, advising stakeholders on pay, benefits, and total reward strategy
• Support annual pay reviews, bonus processes, and reward modelling
• Administer and improve employee benefits programmes (pension, healthcare, allowances)
• Drive reporting on reward KPIs, pay equity, and gender pay gap metrics
• Support budgeting, forecasting, and workforce planning using data insights
• Enhance systems and processes through digitalisation initiatives

About You:

• Proven experience in compensation, benefits, and payroll
• Strong knowledge of UK payroll legislation and reward best practice
• Advanced Excel and data analysis skills
• Highly organised with excellent attention to detail
• Confident in explaining complex reward topics to stakeholders
• Able to balance strategic thinking with hands-on operational delivery