Compensation Specialist
3 days ago
"Compensation Specialist"
About the Role:We are seeking a highly skilled Compensation Specialist to join our team at ENGINEERINGUK. This is an exciting opportunity for an experienced professional to take on a challenging role that involves designing, developing, and implementing compensation policies and programs.
About the Company:ENGINEERINGUK is a leading company in the engineering industry, dedicated to providing innovative solutions to our clients. We are committed to attracting and retaining top talent, and we believe that our compensation packages play a crucial role in this process.
About the Job:The successful candidate will be responsible for providing compensation consultation to Retail and Technology business lines and activities. This will involve analyzing market trends, identifying areas for improvement, and developing creative solutions to address compensation-related issues.
Responsibilities:- Act as primary point of contact and Compensation expert for assigned business lines and countries
- Perform regular, thorough and deep technical analysis on effectiveness and competitiveness of existing compensation programs
- Effectively partner with HR colleagues and business clients to manage and consult on compensation-related issues
- Provide guidance to the business and develop creative solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pay and stock compensation
- Perform ad hoc analysis for costing, program effectiveness and trend purposes (using Excel and other tools available to us)
- Identify, select and participate in compensation surveys to analyze the company's competitive market position for each in-country location
To be considered for this role, you will need:
- A university degree
- Experience in compensation and benefits or consulting with an in-depth knowledge of core compensation terminology and best practices
- A good understanding of the principles and practices of compensation systems and legislation in the EU region
- Highly proficient in Excel; Quicksight skills will be useful
- Strong project management skills and ability to manage multiple projects and priorities at once
- Demonstrated mastery regarding rewards management issues (e.g. surveys, job/market pricing, salary range development)
This role offers a competitive salary of £80,000 - £100,000 per annum, depending on experience, plus a range of benefits including:
- Pension scheme
- Life insurance
- Healthcare benefits
At ENGINEERINGUK, we offer a dynamic and supportive work environment, where you can develop your skills and expertise. We are committed to investing in our employees and helping them to achieve their career goals.
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