EMEA Compensation Analyst, London or Manchester

Alvarez & Marsal Deutschland GmbH; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

Alvarez & Marsal Deutschland GmbH seeks a Compensation Analyst to support the design and administration of pay programs across the EMEA region. The role focuses on benchmarking, market analyses, job evaluation, and maintaining country pay ranges within a multinational environment.

You will collaborate with the Total Rewards team to deliver accurate data, support salary budgeting, and assist with due diligence during mergers and acquisitions, while keeping abreast of evolving compensation

Qualifications

• Bachelor's degree in Finance, Business Administration, HR or related field.
• Knowledge of UK/European compensation practices and governance.
• Understanding of job grading, benchmarking and salary survey methodology.
• Familiarity with Mercer, Willis Towers Watson, Radford data providers.
• Strong analytical skills with data and spreadsheets; Excel proficiency.
• Working knowledge of HR systems or willingness to learn.

Responsibilities

• Support compensation processes, programs and tools under guidance.
• Benchmark, analyze and review compensation data at country level.
• Provide job analysis and grade levelling.
• Conduct market pay reviews and maintain country pay ranges.
• Support salary survey data collection and initial analysis.
• Assist in market pricing exercises and pay analysis projects.
• Monitor pay practices to ensure market competitiveness.
• Ensure compliance with policies and relevant regulations.
• Support salary budget planning and analysis.
• Model and analyze variable pay plan proposals.
• Prepare data for due diligence during mergers and acquisitions.
• Stay informed of gender pay gap, pay transparency, data privacy requirements.
• Assist with government filings, audit prep and tax documentation.
• Support annual compensation processes including merit reviews and surveys.

Skills

Analytical skills

Attention to detail

Communication skills

Team collaboration

Education

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

Tools

Excel

Word

PowerPoint

HR systems (Workday/SuccessFactors/PeopleSoft)

Job description

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.

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 thatour people are the driving force behind our success, which is why weprioritizeanemployee experience thatfosterseachperson’sunique professional and personal development. Our robustperformancedevelopment processpromotescontinuous learning,rewards your contributions, and fosters a culture of meritocracy.With top-notch training andon-the-joblearning opportunities, you canacquirenew 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 aspectsof working at A&M. The possibilities are endless for high-performing and passionate professionals.