Description
A professional services firm based in Reigate are seeking a Compensation Manager to join their team on an initial 3 month contract to support the delivery of wide range of compensation programs and projects for geographical region and/or business segment
The ideal candidate must have relevant experience in Compensation/Reward in a professional services environment. You will have a relevant Degree, preferably in Business or Mathematics and have a broad knowledge of compensation issues, trends and best practice. Only Limited Company Contractors will be considered!
Overview:
Internal Compensation Advisor working with the Compensation Lead to:
- Support the delivery of wide range of compensation programs and projects for geographical region and/or business segment
- Participate in the design and implementation of a variety of Total Reward harmonisation initiatives ranging from the development of a Career Framework (which includes salary ranges, short and long term incentive design), global recognition programs, new streamlined year end processes
- Contribute to the analysis, design, implementation and communication of broad-based compensation strategy.
- Ensure broad-based compensation programs are competitive, sustainable, and have an impact on short and long-term strategic goals
Duties:
- Manage the annual compensation review cycle for client groups, including advising on country salary increase budgets, allocation of short and long term incentive awards and sales incentive awards
- Play an active role in a variety of compensation projects eg job titles/codes, annual benchmarking/pre-planning, salary structure, bonus and LTI targets review/development, and review and monitoring of the recognition program.
- Partner with HR Partners and various leadership teams to identify and address current and emerging total compensation trends and issues. Monitor the effectiveness of existing compensation policies, guidelines and procedures recommending plan revision as well as new plans, which are cost effective and consistent with compensation trends and corporate objectives.
- Assist with communication and education of compensation-related programs.
- Led small/medium projects or substreams on specific compensation initiatives or processes
- Ensure compensation programs are administered in compliance with policies and government regulations through audits, reports and personal contacts.
- Collaborate with Finance on salary budgets, colleague/compensation cost tracking, etc.
Requirements
- Degree, preferably in Business, Mathematics, or equivalent experience.
- Experience in Compensation/Reward
- Broad knowledge of compensation issues, trends, best practice
- Experience designing short-term incentive and sales comp plans preferred
- Experience managing compensation processes with the ability to build consensus across a wide range of stakeholders
- Experience of operating in a matrixed environment
- Advanced Excel skills
- Advanced problem solving and analytical skills
- Strong interpersonal and communication skills
- High-energy with a strong work ethic, sense of urgency and high expectations for performance
- Ability to work effectively, both independently and as part of a team, with initiative and accuracy.
If you feel you fit the above criteria, please apply today.
Huntress does not discriminate on the grounds of 'protected characteristics' as defined under the Equality Act and other relevant UK legislation.
Huntress acts as a Recruitment Agency in relation to all Permanent roles and as a Recruitment Business in relation to all Temporary roles.
PLEASE NOTE: We can only consider applications from candidates who have the right to work in the UK.