Compensation Analyst, EMEA - London or Manchester

Alvarez & Marsal; Greater London; On-site; GBP 45,000 - 60,000; Full time

Job summary

Alvarez & Marsal in London is seeking a compensation professional with 3-5 years of corporate experience to support compensation operations and projects. You will help develop processes, benchmark pay, analyse data, and ensure regulatory compliance across UK and Europe, working closely with the Total Rewards EMEA team.

This role offers exposure to salary survey work, market pricing, and due diligence activities during mergers and acquisitions, with a collaborative, fast-paced culture at A&M.

Qualifications

• Bachelor's degree in Finance, Business Administration, HR or related field.
• Working knowledge of compensation practices in the UK and/or European countries
• Understanding of job grading, benchmarking and salary survey methodology
• Familiarity with major compensation data providers (e.g., Mercer, Willis Towers Watson, Radford)
• Strong analytical skills with ability to work with data and spreadsheets
• Proficiency in Excel (VLOOKUP, pivot tables, basic formulas); competence in Word and PowerPoint
• Basic working knowledge of HR systems (e.g., Workday, SuccessFactors, PeopleSoft) or willingness to learn
• Strong attention to detail and ability to manage multiple tasks
• Good written and verbal communication skills
• Experience or exposure to compensation projects in a multi-national environment a plus
• Ability to learn quickly and ask clarifying questions
• Collaborative approach—comfortable working alongside senior team members and across HR functions
• Organized and methodical in approach to data and analysis
• Genuine interest in compensation practices and employee engagement

Responsibilities

• Support the Comp Manager with the development and implementation of compensation processes, programs and tools under their guidance
• Assist in benchmarking, analyzing and reviewing compensation data at country level
• Provide Job analysis and grade levelling
• Conduct market pay reviews
• Creation and maintenance of country pay ranges
• Help maintain and support salary survey processes, including data collection and initial analysis
• Support market pricing exercises and pay analysis projects
• Monitor and report on pay practices to help ensure market competitiveness
• Assist in ensuring compensation and benefits comply with company policies and relevant regulations
• Support salary budget planning activities and analysis
• Help model and analyze variable pay plan proposals
• Assist in preparing data and analysis for due diligence during mergers and acquisitions
• Stay informed of key compensation regulations and compliance requirements (Gender Pay Gap Analysis, EU Pay Transparency, Data Privacy)
• Assist with government filings, audit preparation and tax-reporting documentation
• Support annual compensation processes including merit reviews, bonus planning and salary surveys
• Respond to routine employee queries on compensation matters
• Document processes and procedures to support team knowledge sharing

Skills

Analytical skills

Data analysis

Communication skills

Attention to detail

Multinational experience

Problem solving

Education

Bachelor's degree in Finance, Business Administration, HR or related field

Tools

Excel

Word

PowerPoint

Pivot tables

Workday

SuccessFactors

PeopleSoft

Job description

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

Description

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

Reporting to the Manager of Total Rewards EMEA, this position is responsible for providing analysis and reporting for all A&M pay programs along with, establishing and monitoring processes that support these programs. Provide day-to-day support of all benchmarking, market analysis, job evaluation and systems interfaces and updates, compliance reporting and compensation project management.

How You Will Contribute

This is an ideal role for someone with around 3-5 years' experience in a corporate environment supporting compensation operations keen and looking to develop further in compensation space.

• Support the Comp Manager with the development and implementation of compensation processes, programs and tools under their guidance
• Assist in benchmarking, analyzing and reviewing compensation data at country level
• Provide Job analysis and grade levelling
• Conduct market pay reviews
• Creation and maintenance of country pay ranges
• Help maintain and support salary survey processes, including data collection and initial analysis
• Support market pricing exercises and pay analysis projects
• Monitor and report on pay practices to help ensure market competitiveness
• Assist in ensuring compensation and benefits comply with company policies and relevant regulations
• Support salary budget planning activities and analysis
• Help model and analyze variable pay plan proposals
• Assist in preparing data and analysis for due diligence during mergers and acquisitions
• Stay informed of key compensation regulations and compliance requirements (Gender Pay Gap Analysis, EU Pay Transparency, Data Privacy)
• Assist with government filings, audit preparation and tax-reporting documentation
• Support annual compensation processes including merit reviews, bonus planning and salary surveys
• Respond to routine employee queries on compensation matters
• Document processes and procedures to support team knowledge sharing

Qualifications

• Bachelor's degree in Finance, Business Administration, HR or related field
• Working knowledge of compensation practices in the UK and/or European countries
• Understanding of job grading, benchmarking and salary survey methodology
• Familiarity with major compensation data providers (e.g., Mercer, Willis Towers Watson, Radford)
• Strong analytical skills with ability to work with data and spreadsheets
• Proficiency in Excel (VLOOKUP, pivot tables, basic formulas); competence in Word and PowerPoint
• Basic working knowledge of HR systems (e.g., Workday, SuccessFactors, PeopleSoft) or willingness to learn
• Strong attention to detail and ability to manage multiple tasks
• Good written and verbal communication skills
• Experience or exposure to compensation projects in a multi-national environment a plus
• Ability to learn quickly and ask clarifying questions
• Collaborative approach—comfortable working alongside senior team members and across HR functions
• Organized and methodical in approach to data and analysis
• Genuine interest in compensation practices and employee engagement

Your journey at A&M

We recognise that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.

We prioritise your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.