Compensation Analyst

1 week ago

Brentford, Greater London, United Kingdom DiverseJobsMatter Full time
Job Overview

DiverseJobsMatter is seeking a highly skilled Compensation Analyst to join our team. As a key member of our Total Reward function, you will play a crucial role in supporting the Senior Manager, Group Total Reward in embedding the reward function within our company and its studios.

You will directly influence the development of our reward strategies by providing data-driven insights and analysis, ensuring we remain competitive and equitable.

Key Responsibilities:

  • Conduct regular benchmarking exercises for new hires, job changes, and the annual salary review process.
  • Participate in annual compensation surveys, ensuring accuracy in job and level matches.
  • Review, analyse, and report on internal and external compensation data to inform the business of market changes and trends.
  • Conduct regular reviews of our salary ranges to ensure alignment with market data.
  • Support with the ongoing development of the newly introduced Job Architecture/levelling framework, such as building out job descriptions and competency frameworks.
  • Collaborate with the HR Business Partnering teams to ensure accurate job categorisation and salary positioning of our employees.
  • Analyse internal salary data to ensure internal equity and compliance with equal pay.
  • Support in delivering the annual pay review and bonus processes.
  • Maintain compensation data within the HRIS (Workday), including upkeep of data such as salary ranges and job profiles, as well as performing audits and data integrity checks to ensure accuracy in reporting.
  • Assist in the implementation and compliance with upcoming EU Pay Transparency directives.
  • Contribute to the preparation and delivery of reports, including Gender Pay Gap reporting, to ensure regulatory compliance and provide valuable management insights.
  • Support with ad-hoc projects.
  • Work alongside the Payroll & Benefits Coordinator in delivering employee benefits.

Requirements:

  • Proven experience in a reward role.
  • Strong numerical and analytical skills.
  • Strong communicator.
  • Strong attention to detail.
  • Process driven.
  • Proficient in Microsoft Excel.

Desirable:

  • Knowledge of the gaming industry.
  • Previous experience working with Workday HRIS and the Advanced Compensation module or similar.
  • Previous experience working with the Croner and Radford-McLagan compensation surveys.

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