Compensation Analyst

Seiko Epson Corporation; Watford; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Private healthcare

Gym membership

25 days holiday

Employee Assistance Program

Job summary

Seiko Epson Corporation in Watford is looking for a Compensation Analyst to support their reward strategy across Europe. This role involves analysing complex data to provide actionable insights on compensation and benefits, as well as developing spreadsheet models to consolidate data.

The ideal candidate should have experience in reward and strong proficiency in pay benchmarking, with advanced Excel skills. Hybrid working opportunities and a variety of benefits, including private healthcare and employee discounts, are offered.

Qualifications

• Experience in reward, ideally in an international context.
• Proficiency in pay benchmarking and job matching.
• Strong analytical abilities and attention to detail.

Responsibilities

• Analyse reward data for insights on compensation and benefits.
• Develop spreadsheet models for data analysis.
• Monitor market trends and gather insights from providers.

Skills

Reward (compensation & benefits) experience

Pay benchmarking

Advanced Excel skills

Analytical abilities

Strong communication skills

Job description

Are you ready for an exciting opportunity? We are seeking a dynamic Compensation Analyst to support our reward strategy across Europe. You will transform complex data into meaningful insights and actionable recommendations, ensuring our reward practices remain competitive and cost-effective.

Your role will involve analysing reward data, developing spreadsheet models, performing job matching and benchmarking, and supporting annual reward cycles. Additionally, you will monitor market trends, update HR systems, analyse and manage data for short-term business visitor compliance and provide advice on international transfers. Join us to make a significant impact on our reward strategy and help shape our future success!

What will you do

• Analyse reward data to provide insights for decisions on compensation and benefits.
• Develop and maintain spreadsheet models to consolidate and analyse data.
• Perform job matching and benchmarking to assess market positioning.
• Support annual data submissions to benchmarking providers and analyse results.
• Monitor market trends and gather insights from third-party providers.
• Participate in annual reward cycle activities, including salary and bonus reviews.
• Update key data in HR systems to support reward processes.
• Provide advice on international transfers, assignments, and remote working requests.
• Administer the data processing of short-term business visitor travel to ensure compliance with necessary legislation.
• Maintain policy, procedure, and process documents.
• Communicate and share knowledge to enhance understanding of reward processes.
• Coordinate procurement processes and track the reward budget.
• Participate in projects as required.

What we ask for

• Experience in reward (compensation & benefits), ideally in an international or European context.
• Proficiency in pay benchmarking, job matching, and working with external benchmarking providers.
• Experience supporting annual reward cycles using technology.
• Advanced Excel skills and strong analytical abilities.
• Attention to detail and problem-solving skills.
• Strong communication skills to present data insights.
• Ability to work flexibly and collaboratively with HR teams and external partners.
• Self‑motivated and able to manage deadlines.
• Fluent in English; other European languages are beneficial.

What do we offer

You will have access to a wide range of flexible benefits including a strong contributory plan, private healthcare, life cover, gym membership, an Employee Assistance Program, employee discounts on Epson and Seiko products, and more. Epson also promotes hybrid working, with a minimum of 25 days holiday per year.