Compensation & Benefits Advisor
4 months ago
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**The Role**:
To oversee and administer a fair, equitable, and competitive total compensation and benefits package that fits and is aligned with our company’s strategy and business goals. Provide specialist support for the business including the annual compensation process (budgeting and reporting), strategic reward projects, job evaluation, and the design and management of local compensation programs and processes, with emphasis on data provision, analysis, and advice.
**Your Task**:
- Annual compensation process
- collating annual compensation data, analysis of the data, and supporting the production of reports for budgeting and year-end reporting.
- Develop a consistent compensation philosophy in line with the work culture and organisational objectives
- Ensure that compensation practices comply with current legislation (pay equity, human rights, etc)
- Use various methods and techniques and make data-based decisions and recommendations on direct financial, indirect financial, and nonfinancial compensations
- Prepare job descriptions, job analyses, job evaluations, and job classifications
- Adhoc regulatory reports and review e.g, Gender Pay Gap Report
- ensure the annual required gender pay gap data iIs collated and the gender and diversity pay results are calculated accurately, analyse the results, and provide insights for the content of the external pay gap report
- Work with 3rd parties in the administration of Pension, Insured and Voluntary Benefits
- Participate in salary and labour market surveys to determine prevailing pay rates and benefits
- Deploy effective communication strategies and success metrics
- Conduct ongoing research into emerging trends, issues, and best practices
- Conduct periodic audits and prepare reports
**Your Profile**:
- Advanced Excel skills including V-lookup, pivot tables, and IF statements, and experience dealing with large volumes of data
- Experience of using Microsoft PowerPoint
- Knowledge of benchmarking and job evaluation methodology (WTW advantageous)
- Working knowledge of broader HR implications relevant to this role (payroll interfaces, HRIS, HR advisors, and managers)
- Ability to multi-task and effectively prioritise
- Strong interpersonal and relationship management skills
- Exceptional attention to detail
- Experience working in an ‘in-house’ reward function (desirable but not essential)
- Experience in using HR Systems
**What We Offer**:
- 25 days annual leave with the option to purchase up to an additional 5 days
- Pension contribution
- A life assurance policy that pays out 4 x Salary
- Employee Assistance Programme that provides you with confidential support, information, and advice to help you
- Employee Discount Scheme through Treats
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