Payroll & Benefits Executive
6 months ago
We have an interesting opportunity for a Payroll and Benefits Executive on a 12 months’ fixed term contract to cover a period of maternity leave. Based in our Newcastle office you will assist the Payroll, Benefits and People Teams in the provision of high-quality compensation and benefits advice. This links closely with the Company's ability to recruit and retain high calibre staff and at the same time implementing and operating such benefits cost effectively.
You will work collaboratively with the risk and compliance department to protect NorthStandard’s reputation and ensure business is undertaken ethically and in compliance with applicable regulations.
We are looking for someone who genuinely enjoys what they do and has a determined ‘can do’ attitude. A confident communicator, you should also be able to challenge and influence at all levels and liaise and communicate effectively with internal and external partners.
**What will you be doing?**
Your main duties will include but are not limited to:
- Through accurate analysis and reporting, assist in managing and developing compensation and benefit schemes.
- Assist in ensuring that benefits are monitored and administered according to the law and statutory bodies liaising closely with Company Secretary and People Team to keep up to date with legislative changes.
- Assist in ensuring that salary and benefits offered, correctly reflect the business brand and strategic positioning; this includes overseas expatriate packages and locally employed staff.
- Develop long-term working relationships through the delivery of exemplary standards of service and after care.
- General administration of Company benefits.
- To be one of the main contacts for all group employees for benefits queries.
- Check all monthly payrolls within the group and overseas.
- Assist with the inputting of UK and overseas payrolls from time to time.
- Assist with benchmarking salaries and the provision of annual salary review information for senior management.
- Assist in the delivery of the annual salary review process.
- Research and analyse salary and benefits data across several geographic areas.
- Provision of management information and reports to senior management.
- Analysis and interpretation of reports, technical data and contractual obligations.
- Develop knowledge of Company pension schemes and assist in the administration and technical detail of such schemes.
- Provide advice on the structure of expatriate secondment packages.
- Utilise the HR system in order to provide management information.
- Assist in the preparation and ongoing maintenance of salary and benefits budgets.
- Involvement in specific projects identified by Manager or the Executive Directors.
**Essential Skills/Qualifications/Experience**
- A minimum of 2 years in compensation/benefits and payroll environment, including pensions.
- Experience of utilising HRIS and analysis of data.
- Educated to degree level desirable but not essential
- Recognises the need for self-development to maximize performance.
- Networking with other compensation and benefit specialists.
- Keeping up to date with best practice through relevant Institute
**In return we’ll offer you**:
- The opportunity to enhance the People team and to help deliver our goals.
- The opportunity to learn new skills and develop your career.
- An open and flexible team environment.
- A competitive salary and generous benefits package.
- A best-in-market hybrid working policy.
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