Compensation Specialist

4 weeks ago

Shirebrook, Derbyshire, United Kingdom Frasers Group Full time

Company Overview

At Frasers Group, we are redefining the retail landscape. Through innovative digital solutions and exceptional in-store experiences, we provide our customers with access to the finest sports, premium, and luxury brands worldwide. As a frontrunner in the sector, we are enhancing the retail journey for our clientele through our portfolio of renowned brands, including Sports Direct, FLANNELS, USC, Frasers, and GAME.

Why Choose Us?

Our Vision - we are creating the most respected and captivating brand ecosystem globally.

Our Mission – we are enriching the lives of many by offering access to the world's premier brands and experiences.

At Frasers Group, we embrace challenges and encourage our team to think beyond conventional boundaries to transform the future of retail. The opportunity for career advancement is substantial, and the experience is unparalleled. To maximize this potential, you should embody our core principles:

Innovate without limits - Act swiftly, boldly, and collaborate with your team. Take ownership and believe in yourself - Manage the essentials, take charge of your responsibilities, and deliver results. Stay relevant - Be pertinent to our workforce, our partners, and the environment.

Are you prepared to join the Fearless?

Role Overview

Frasers Group is seeking a Compensation Specialist to become part of our dynamic team. This position entails managing all statutory payments and deductions in accordance with legislation. Responsibilities include calculating salary adjustments, including back pay and pro-rata payments as necessary, as well as determining final payments for departing employees, including accrued vacation entitlements. Additionally, you will be responsible for calculating and overseeing overpayments in line with our established overpayment procedures. You will also verify that the pay for hourly employees aligns with the Time & Attendance system and efficiently resolve any pay-related inquiries.

Required Qualifications

Solid understanding and experience in providing comprehensive payroll guidance at all levels. In-depth knowledge of PAYE, National Insurance, and all statutory components such as Statutory Maternity Pay, Statutory Sick Pay, etc. Exceptional administrative and organizational capabilities. Proficient verbal and written communication skills in English. Ability to manage multiple priorities with a keen attention to detail. Capacity to handle a high volume of transactions. Familiarity with Microsoft Excel is essential.

Preferred Skills:

Experience with payroll systems - familiarity with ITRENT is advantageous, though training will be provided. Strong verbal and written communication skills.

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