HR Governance and Compensation Specialist

1 week ago

Chester, Cheshire, United Kingdom JAM Recruitment Full time
Job Description

Job Summary:

We are seeking a highly skilled Compensation and HR Manager to join our team at JAM Recruitment. As a key member of our organization, you will be responsible for designing, implementing, and maintaining HR governance structures and compensation programs that align with our business objectives and comply with regulatory requirements.

Key Responsibilities:

  • Lead the development and administration of compensation programs, including base pay, incentives, and benefits, to attract, retain, and motivate top talent.
  • Conduct regular reviews and analysis of compensation practices, market trends, and competitive benchmarking to ensure our compensation programs remain competitive and equitable.
  • Partner with senior leadership, HR business partners, and cross-functional teams to develop and communicate compensation strategies that support organizational objectives and drive employee engagement.
  • Collaborate with legal, finance, and other stakeholders to ensure compliance with regulatory requirements related to compensation, including wage and hour laws, pay equity, and tax implications.
  • Provide guidance and support to HR business partners and managers on compensation-related matters, including job evaluations, salary offers, and performance-based compensation.
  • Lead or participate in special projects and initiatives related to HR governance, compensation, and other HR programs as assigned.

HR Governance:

Develop, implement, and maintain HR governance frameworks, policies, and procedures to ensure compliance with legal and regulatory requirements, industry standards, and best practices.

Policy Development and Compliance:

HR governance involves developing and maintaining HR policies and procedures that comply with relevant laws, regulations, and industry standards. This includes policies related to recruitment, hiring, compensation, benefits, performance management, employee relations, diversity and inclusion, data privacy, and more. Establish and maintain effective controls and processes to manage HR-related risks, including data privacy, compliance, and internal controls.

Ethical Standards and Accountability:

HR governance promotes ethical behavior and accountability throughout the organization by establishing clear expectations and standards of conduct for HR professionals, managers, and employees. This includes promoting fairness, transparency, integrity, and confidentiality in HR practices and decision-making processes.

Performance Monitoring and Reporting:

HR governance involves monitoring and evaluating the performance of HR programs, processes, and initiatives to assess their effectiveness and impact on organizational performance. This may include collecting and analyzing HR data, metrics, and key performance indicators (KPIs) to track progress, identify areas for improvement, and make data-driven decisions.

Requirements:

  • Bachelor's degree in Human Resources, Business Administration, or a related field; advanced degree or certification (e.g., CIPD) preferred.
  • 5-7 years of experience in HR governance, compensation management, or related roles, preferably in a corporate environment.
  • Strong understanding of HR governance principles, practices, and regulatory requirements.
  • In-depth knowledge of compensation principles, including job evaluation methodologies, salary structures, and incentive design.
  • Experience developing and implementing HR policies, procedures, and compliance programs.
  • Excellent analytical skills with the ability to interpret data, analyze trends, and make data-driven recommendations.
  • Strong project management skills with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels of the organization.
  • Proficiency in HRIS and compensation management systems/software.
  • Proficiency in Microsoft Office suite and project management tools, with the ability to analyze data, prepare reports, and present findings to senior management and external stakeholders.
  • Experience of handling complex transformational change.
  • Experience in fast-paced working environments.

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