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Compensation & Rewards Specialist

MacGregor Black

Greater London

On-site

GBP 50,000 - 60,000

Full time

13 days ago

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Job summary

An established industry player is seeking a Compensation & Rewards Specialist to enhance employee wellbeing and rewards strategies. This role involves collaborating with diverse teams to implement innovative compensation practices and ensure compliance with key processes. You'll leverage your analytical skills to evaluate compensation data and contribute to annual benchmarking exercises. Join a dynamic FMCG manufacturing business and make a meaningful impact on employee experience while working in a supportive and collaborative environment. If you're ready to drive excellence in rewards initiatives, this opportunity is for you.

Qualifications

  • At least two years’ experience in a compensation or total rewards role.
  • Strong analytical skills with knowledge of reward analytics.

Responsibilities

  • Assist in implementing and maintaining reward practices and procedures.
  • Collaborate with internal teams and vendors to drive compliance.

Skills

Analytical Skills
Organizational Skills
HR Systems (Workday)
Microsoft Excel
Data Visualization (Power BI)
Knowledge of Gender Pay Reporting
Union Negotiation Support

Tools

Workday
Power BI

Job description

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Compensation & Rewards Specialist

Are you ready to make a meaningful impact by enhancing the rewards and wellbeing experience for employees across a dynamic organisation?

Do you have the analytical mindset and organisational skills needed to drive excellence in compensation, benefits, and wellbeing initiatives?

Can you bring fresh ideas and innovative approaches to support a forward-thinking rewards strategy while collaborating with diverse teams and stakeholders?

Macgregor Black is partnering with a FMCG Manufacturing business. This is a perm role based in West London.

The Compensation & Rewards Specialist will support the effective delivery of compensation, benefits, and wellbeing programs across the organisation. Reporting to the Head of Total Rewards and collaborating with the HR team, this role will focus on implementing strategies to enhance employee experience and ensure compliance with key processes.

Key Responsibilities:

  • Assist in implementing and maintaining reward practices, processes, and procedures, including supporting the annual salary and bonus review cycle.
  • Collaborate with internal teams and external vendors to drive compliance, promote education, and share best practices.
  • Contribute to annual benchmarking exercises, using tools such as Korn Ferry and Mercer.
  • Oversee monthly benefit administration and produce accurate reporting.
  • Partner with key stakeholders and vendors to enhance the overall rewards strategy and identify opportunities for improvement.
  • Provide support for the annual benefits renewal process, including evaluating new benefit proposals, integrating updates, and ensuring internal systems and communications are kept current.
  • Develop and implement wellbeing initiatives in collaboration with the Wellbeing Coordinator, creating plans and content for a comprehensive wellbeing roadmap.
  • Analyse compensation data to support business needs, including pay range evaluations and reporting on metrics such as gender and pay equity.
  • Act as a key point of contact for rewards-related queries across HR, payroll, and the wider business.

What are we looking for?

  • Practical experience with HR systems such as Workday and benefits management platforms.
  • Strong analytical skills with knowledge of reward analytics and data interpretation.
  • At least two years’ experience in a compensation or total rewards role.
  • Ability to manage priorities and meet deadlines effectively.
  • Exceptional organizational skills and attention to detail.
  • Proficiency in Microsoft Excel.
  • Experience using Power BI for data visualization.
  • Knowledge of gender pay and equity reporting practices.
  • Exposure to working within unionized environments or supporting union negotiations.

Salary up to £60k

Please contact Alice Redmond for further information.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Human Resources
  • Industries
    Food and Beverage Manufacturing

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