Compensation & Benefits Consultant

1 week ago

Reading, United Kingdom Oracle Full time

Role is part of a regional team supporting the design, development and communication of Oracle’s compensation and benefit policies across the UK, Ireland and Israel and the Technology line of business across EMEA.

**Required Skills/Experience**
- 3+ years of meaningful experience in Compensation and Benefits.
- Degree educated.
- Strong communication (written and verbal), organizational, analytical and problem-solving skills, along with attention to detail.
- Preferably advanced skills in MS Excel and MS PowerPoint
- Proven ability to lead projects to timely completion with confidentiality and integrity
- Ability to succeed in a collaborative manner and take initiative to try to find solutions to resolve problems and resilience to bring projects to a conclusion.
- Ability to multitask while managing deadlines, perform well under pressure, work independently and as a part of a team
- Responsibilities displayed in the job posting**Key responsibilities**
- Assists with the execution of the global reward philosophy across the region and implementation of global programmes on compensation and benefits such as the annual compensation review process.
- Helps to develop the benefit design and is responsible for the implementation of the benefits programmes for the UK, Ireland and Israel.
- Assists with the UK pension plans, both a legacy DB plan and a DC plan.
- Manages the UK flexible benefits programme and annual enrolment process e.g. benefit fairs. Collaborates with HR Operations on the system requirements for the annual process.
- Manages external vendors, brokers and consultants on annual renewals and the development of new programmes and services.
- Monitors, co-ordinates and analyses the cost of the benefit programmes.
- Collaborates closely with HR Business Partners on guidance on C&B, the introduction of new initiatives and communication to employees.
- Partners on the market salary ranges.
- Partners across departments to solve compensation-related business problems and provide compensation guidance.

Create reports to administer and measure effectiveness of compensation & benefits initiatives. Research and develop compensation recommendations for HR and the Business using internal and external market data. Research and propose solutions for ad hoc compensation and benefits issues raised by HRBPs/business stakeholders with a data driven approach. May be assigned as Compensation Business Partner to a Sub-Line of Business. Develop presentation materials and provide updates to stakeholders as programs evolve. Design benefits policies and administration procedures, selects vendors, prepares costs projections, seeks approval, and implements new/changed benefit programs affecting middle size countries. Resolve employee eligibility and claim issues. Participate in the implementation of annual open enrollment and other regular Benefits programs. Participate in and lead a wide variety of departmental projects. Conduct a periodic review of the Compensation & Benefits policies, procedures, communications, and documentations to ensure up-to-date information and relevance. Identify problem areas and provide recommendations for process improvement. Perform other duties as assigned.

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