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Compensation and Benefits Specialist
2 months ago
Job Title: Compensation and Benefits Specialist
Location: Central London, Hybrid
Contract Type: 6 Month FTC / Day Rate
Open to part time and full time
Public Sector Organisation
This Compensation and Benefits Specialist will play a crucial role within the Human Resources & Organisational Development (People Team) of a prominent public sector organisation based in London. Reporting directly to the Director of People Services, this position is responsible for leading the development and implementation of a comprehensive reward and compensation strategy that aligns with the organisation's People Strategy.
The role involves overseeing all aspects of the organisation's compensation, benefits, and reward programs, ensuring they are competitive, equitable, and supportive of the strategic objectives. This position will also ensure compliance with public sector pay regulations and work closely with senior leadership to support the goals of attracting, retaining, and motivating top talent.
Main Responsibilities
- Strategic Leadership: Develop and implement a comprehensive reward and compensation strategy that supports the organisation's objectives and aligns with public sector regulations.
- Compensation Management: Oversee the design, implementation, and management of compensation structures, ensuring they are competitive, equitable, and compliant with regulatory requirements.
- Pay Equity: Ensure that all reward and compensation practices promote pay equity and transparency across the organisation.
- Data Analysis and Reporting: Oversee the analysis of compensation data and prepare reports to inform decision-making and strategic planning.
- Regulatory Compliance: Ensure that all compensation and reward practices comply with public sector regulations and legal requirements.
- Continuous Improvement: Lead initiatives to continuously improve the efficiency and effectiveness of reward and compensation processes.
Key Skills and Qualifications
- Proven experience in compensation and benefits management
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work in a fast-paced environment
- Knowledge of public sector pay regulations
