Compensation Business Partner
- Salary: £55,000 - £60,000 per annum
- Region: London
- Industry: Financial Services
- Area of HR: Compensation & Benefits
We are looking for a Compensation Business Partner to work within a leading Investment Management company based in London.
In this fixed term contract, you will report in to the Global Head of Compensation and Benefits and will become a key member of the Global Compensation and Benefits team. Your role will be to deliver compensation programmes across the business supporting the development and implementation of annual global compensation reviews.
Responsibilities:
- Compensation Policy
- Provide accurate and relevant information and financial modelling on compensation programmes to allow senior management to make informed decisions. Analysis to review impact of compensation programmes.
- Supply management information to evaluate, design, develop and implement regional specific policies, processes and documentation to maintain alignment with the current and future HR and business strategy.
- Analyse and evaluate the financial impact on the business of compensation policy
- Compensation Practice
- Project management and analysis for the global compensation review including provision of accurate data and management information to line managers and the Chief Executive.
- Benchmarking organisational reward packages against the market
- Establishing relationships with key stakeholders to meet regional and business specific needs, acting as an advisor to the business.
- Providing guidance to HR Business Partners on compensation policies and practices; e.g. Benchmarking, Salary and Bonus guidelines.
- Creating and implementing tools to communicate reward and Total Reward principles, including annual Total Reward Statements.
Requirements:
We are looking for a numerate graduate who has strong technical compensation experience and knowledge coupled with prior relevant experience in either financial services or consulting - experience of benefits advantageous.
You should also possess the following skills and experience:
- Ability to use statistical techniques to analyse and interpret data, and provide recommendations
- High attention to detail and experience of working with large volumes of data
- A commercial focus with the ability to demonstrate both business and financial acumen
- Familiarity with MS Office essential - advanced Excel (pivots, vlookups, macros etc), advanced Word (including mail merge), Outlook, PowerPoint, Access
- Working knowledge of at least one HR system
- Effective communicator both internally at all levels and externally with suppliers
- Strong team player, willing to support the HR team if required
- Ability to manage multiple work streams for stakeholders globally
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