Compensation and Benefits Manager

7 days ago

London, Greater London, United Kingdom JAM Recruitment Full time

Job Summary:

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

Key Responsibilities:

  • Lead the design 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.

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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