Compensation Analyst

JR United Kingdom; Wolverhampton; On-site; GBP 35,000 - 55,000; Full time

Job summary

A dynamic and forward-thinking company seeks a Compensation Analyst to enhance competitive compensation strategies. This critical role involves analyzing market data, developing innovative compensation programs, and advising HR leadership, making it ideal for analytical professionals eager to impact employee engagement and growth.

Benefits

Competitive salary and benefits package

Career development opportunities

Strong commitment to employee well-being

Innovative team environment

Qualifications

• Proven experience in compensation analysis and salary benchmarking.
• Strong proficiency in Excel and HRIS systems.
• Ability to communicate complex compensation data clearly.

Responsibilities

• Analyze industry trends and salary benchmarks.
• Assist in the development of salary structures and incentive programs.
• Provide strategic insights to HR and leadership teams.

Skills

Compensation analysis

Salary benchmarking

Data reporting

Analytical skills

Problem-solving

Communication

Regulatory compliance

Education

Degree in Accountancy & Finance

Tools

Excel

HRIS systems

Compensation analysis software

Job description

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Location: City of London

Our client, a dynamic and forward-thinking company, is seeking a highly skilled Compensation Analyst to join their team. This is a fantastic opportunity to work for an organization that values competitive compensation strategies, employee engagement, and long-term growth. If you have a passion for data-driven compensation structures and want to influence reward programs, this role is perfect for you!

Job Overview

As a Compensation Analyst, you will play a key role in developing, analyzing, and optimizing compensation programs to ensure our client remains an employer of choice. This position involves conducting market research, evaluating salary structures, and advising HR leadership on compensation best practices.

Key Responsibilities

• Analyze industry trends and salary benchmarks to ensure competitive compensation packages.
• Assist in the development of salary structures, incentives, and bonus programs.
• Conduct job evaluations to determine appropriate compensation levels.
• Provide strategic insights to HR and leadership teams on reward strategies.
• Ensure compliance with local labor laws and compensation-related regulations.
• Work alongside HR, finance, and business leaders to develop fair and equitable pay policies.
• Support the administration of performance-based rewards and incentive programs.

Qualifications & Skills

• Proven experience in compensation analysis, salary benchmarking, and data reporting.
• A degree in Accountancy & Finance is desired but not essential
• Strong proficiency in Excel, HRIS systems, and compensation analysis software.
• Excellent analytical and problem-solving skills.
• Ability to communicate complex compensation data clearly to stakeholders.
• Knowledge of salary structures, incentive programs, and regulatory compliance.

Why Join Our Client?

• Competitive salary and benefits package.
• Career development and growth opportunities.
• Work for a highly respected organization with a strong commitment to employee well-being.
• Be part of an innovative team driving impactful compensation strategies.

If you’re a detail-oriented and analytical professional looking to make a meaningful impact in compensation strategy, this is your chance!

Apply today and take the next step in your career.