Compensation Specialist
5 hours ago
We are seeking a highly skilled Compensation Specialist to join our team at McLaren Group.
About the Role:
This is a challenging opportunity for a seasoned professional to lead our reward and benefits programs, ensuring they are fair, competitive, and aligned with our business goals.
Main Responsibilities:
- Develop and implement a comprehensive compensation strategy that aligns with our business objectives.
- Manage our employee flexible benefits program, including health and wellbeing benefits, pension plans, holidays and paid time off, salary sacrifice initiatives and other flexible benefits.
- Design and maintain salary bands and ranges for different job positions, benchmarking salaries against industry standards.
- Analyse internal compensation data and trends, making informed recommendations and adjustments as needed.
- Collaborate with our finance team to establish and manage budgets for compensation and benefits programs.
- Liaise with third-party vendors to negotiate benefit plans and resolve benefit-related issues.
- Ensure all compensation and benefits programs comply with relevant employment laws and regulations.
Requirements:
- A proven track record in managing reward and benefits programs.
- Strong analytical skills and ability to interpret data to inform strategic decisions.
- Excellent communication and interpersonal skills to build relationships with stakeholders at all levels.
- Passion for developing reward programs that drive a competitive advantage and positive workplace culture.
What We Offer:
- A competitive salary of £80,000 - £100,000 per annum, depending on experience.
- A comprehensive package of benefits, including private healthcare, car schemes, life insurance, and generous pension contributions.
- The opportunity to work with a dynamic and innovative company that values diversity, equity, and inclusion.
- A hybrid working arrangement with 3 days a week based in our state-of-the-art campus near Woking.
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