Compensation Benefits Advisor

TN United Kingdom; Birmingham; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

An innovative company is seeking a Compensation Benefits Advisor to join their HR team in Birmingham. This hybrid role focuses on data analytics to support the annual compensation process and strategic reward projects. You will be responsible for ensuring compliance with compensation practices, developing a consistent compensation philosophy, and preparing insightful reports. The ideal candidate will possess advanced Excel skills and a strong understanding of HR implications. Join this forward-thinking organization and make a significant impact on their compensation strategies, while enjoying a collaborative work environment.

Qualifications

• Advanced Excel skills including v-lookup and pivot tables.
• Knowledge of job evaluation methodology is advantageous.

Responsibilities

• Collate and analyze annual compensation data for budgeting.
• Ensure compliance with compensation practices and legislation.
• Prepare job descriptions and conduct job evaluations.

Skills

Excel Proficiency

PowerPoint Skills

Benchmarking and Job Evaluation

HR Knowledge

Interpersonal Skills

Attention to Detail

Multi-tasking

Tools

HR Systems

Job description

Social network you want to login/join with:

Compensation Benefits Advisor, Birmingham

Client:

Location: Birmingham, United Kingdom

Job Category: Other

-

EU work permit required: Yes

Job Reference: 36687d4ee111

Job Views: 12

Posted: 29.04.2025

Expiry Date: 13.06.2025

Job Description:

Job: Compensation Benefits Advisor (Data Analytics)
Location: Birmingham (Hybrid)
Salary: £40,000 - £45,000

Purpose:
Working with the HR team, you will provide specialist support and data analysis for the annual salary/compensation process, strategic reward projects, job evaluation, and local compensation programs. Your role involves overseeing and administering a fair and competitive compensation and benefits package aligned with the company's strategy and goals.

Responsibilities:

• Annual Compensation Process: Collate annual compensation data, analyse the data, and support the production of reports for budgeting and year-end reporting.
• Compensation Philosophy: Develop a consistent compensation philosophy in line with the work culture and organisational objectives.
• Compliance: Ensure that compensation practices comply with current legislation (pay equity, human rights, etc.).
• Decision Making: Use various methods and techniques and make data-based recommendations on direct financial, indirect financial, and non-financial compensations.
• Job Evaluation: Prepare job descriptions, job analyses, job evaluations, and job classifications.
• Regulatory Reporting: Produce ad-hoc regulatory reports and reviews, such as the Gender Pay Gap Report, ensuring accurate data collation, analysis, and insightful content for external reporting.
• Pension and Benefits Administration: Work with third parties in the administration of pension, insured, and voluntary benefits.
• Market Surveys: Participate in salary and labour market surveys to determine prevailing pay rates and benefits.
• Communication Strategies: Deploy effective communication strategies and success metrics.
• Research: Conduct ongoing research into emerging trends, issues, and best practices.
• Audits and Reports: Conduct periodic audits and prepare reports.

Qualifications, Skills, and Attributes:

• Excel Proficiency: Advanced Excel skills, including v-lookup, pivot tables, and IF statements, with experience handling large volumes of data.
• PowerPoint Skills: Proficient in using Microsoft PowerPoint.
• Benchmarking and Job Evaluation: Knowledge of benchmarking and job evaluation methodology (WTW advantageous).
• HR Knowledge: Working knowledge of broader HR implications relevant to this role (payroll interfaces, HRIS, HR advisors, and managers).
• Multi-tasking: Ability to multi-task and effectively prioritize.
• Interpersonal Skills: Strong interpersonal and relationship management skills.
• Attention to Detail: Exceptional attention to detail.
• In-house Experience: Experience of working in an ‘in-house’ reward function (desirable but not essential).
• HR Systems: Experience in using HR systems.