Compensation Analyst

Frazer Jones; London; On-site; GBP 65,000 - 75,000; Full time

Benefits offered by this job

Robust benefits package

Opportunities for career advancement

Collaborative culture

Job summary

A forward-thinking HR consultancy in London is seeking a Compensation Analyst to design and refine compensation frameworks. This role involves collaboration with HR and leadership to ensure fair and impactful compensation strategies aligned with industry standards. Ideal candidates will have strong compensation analysis experience and advanced Excel skills, contributing to a culture focused on employee success.

Qualifications

• Demonstrated experience in compensation analysis and salary benchmarking.
• Strong analytical mindset with attention to detail.
• Solid understanding of reward structures and compliance frameworks.

Responsibilities

• Conduct market research and benchmarking to maintain competitive pay structures.
• Develop and support salary frameworks and bonus plans.
• Produce detailed reports and analytics to support executive decision-making.

Skills

Compensation analysis

Salary benchmarking

Advanced Excel skills

Analytical mindset

Clear communication

Tools

HRIS

Compensation tools

Job description

Overview

Salary: £65,000 - £75,000 + Bonus + Comprehensive Benefits Package

About the Company: Our client is a progressive, high-performing organization based in the heart of London. Known for its commitment to employee engagement and strategic growth, the company is seeking a talented Compensation Analyst to join its HR function. This is a unique opportunity to shape reward strategies in a business that values innovation, fairness, and market competitiveness.

Role Summary

As a Compensation Analyst, you’ll be instrumental in designing and refining compensation frameworks that attract, retain, and motivate top talent. You’ll collaborate with HR, finance, and senior leadership to deliver data-driven insights and ensure alignment with industry standards and regulatory requirements.

Key Responsibilities

• Conduct market research and benchmarking to maintain competitive pay structures
• Develop and support salary frameworks, incentive schemes, and bonus plans
• Perform job evaluations and advise on appropriate compensation levels
• Deliver strategic recommendations to HR and leadership on reward policies
• Ensure compliance with employment legislation and compensation regulations
• Produce detailed reports and analytics to support executive decision-making
• Partner cross-functionally to promote equitable and performance-driven pay practices

Candidate Profile

• Demonstrated experience in compensation analysis and salary benchmarking
• Advanced Excel skills and familiarity with HRIS and compensation tools
• Strong analytical mindset with attention to detail
• Clear communicator with the ability to present complex data to stakeholders
• Solid understanding of reward structures, incentive programs, and compliance frameworks

What’s on Offer

• Robust benefits package & benefits package
• Opportunities for career advancement and professional development
• A collaborative, forward-thinking culture focused on employee success

How to Apply

If you're a data-driven professional with a passion for fair and impactful compensation strategies, we’d love to hear from you. Apply now to take the next step in your career.