Compensation Manager
2 months ago
Compensation Manager
London (Hybrid)
Permanent
ARM are delighted to be supporting one of our clients with the recruitment of a Compensation Manager on a permanent basis.
The Compensation Manager will develop and oversee the compensation programs, ensuring they align with the clients UK&I strategic objectives and comply with legal requirements.
Responsibilities:
- Develop and implement compensation strategies.
- Design, evaluate, and modify compensation programs, as well as develop and implement new bonus or incentive plans.
- Manage the annual salary review process.
- Conduct salary surveys and analyse compensation data to identify trends.
- Act as a business partner/consultant to the P&C (People & Culture) community on Total Rewards related matters.
- Ensure appropriate training and communication materials are developed.
- Collaborate with People & Culture team to integrate compensation programs with performance management and employee development initiatives.
- Monitor and evaluate the effectiveness of compensation programs in motivating and retaining employees.
- Assist in the preparation and monitoring of the compensation budget.
- Lead and participate in compensation-related projects, ensuring alignment with business goals.
- Monitor market trends and best practices related to all reward programs including compensation, benefits and other
Requirements:
- Solid 5-7 years of hands-on industry specific hands-on experience.
- Experience in administering and managing compensation programs, including job evaluation, market pricing, salary structure design, and pay-for-performance models.
- Ability to support the Head of People Services by providing accurate compensation data, analysis, and recommendations.
- Strong analytical skills with the ability to collect, analyse, and interpret compensation data.
- A proactive and resourceful approach to resolving day-to-day compensation issues.
- communication skills, with the ability to present compensation information clearly and effectively to managers and employees.
- Familiarity with compensation laws and regulations across UK&I ensuring compliance with local legal requirements.
- Highly organised and detail-oriented, capable of managing multiple tasks and priorities.
This vacancy is being advertised by Advanced Resource Managers. ARM is a specialist talent acquisition and management consultancy. We provide technical contingency recruitment and a portfolio of more complex resource solutions.
Our specialist recruitment divisions cover the entire technical arena, including some of the most economically and strategically important industries in the UK and the world today. We will never send your CV without your permission.
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