Compensation Analyst - EMEA

Alvarez & Marsal; Manchester; On-site; GBP 60,000 - 80,000; Full time

Job summary

Alvarez & Marsal in the United Kingdom is seeking a Total Rewards professional to deliver analysis and reporting for pay programs across markets. You will support benchmarking, market pricing, job evaluation and system interfaces, ensuring compliance and accurate data.

Reporting to the Director of Total Rewards EMEA, you will collaborate with HR and management, maintain salary surveys, participate in budgeting, and monitor compensation practices as markets evolve across Europe.

Qualifications

• Bachelor's degree in Finance, IT or Business Administration or equivalent.
• Minimum 5 years experience in a multinational corporate environment supporting complex compensation analytics and processes.
• Good knowledge of compensation practices in the UK and other European countries.
• Familiarity with major data providers and their systems.
• Strong technical skills in Excel, Word and PowerPoint; experience with HR systems such as Workday, SuccessFactors or PeopleSoft.

Responsibilities

• Assist in developing and implementing processes, programs and tools that support the business in maintaining market competitiveness in recruitment and retention.
• Benchmark, analyze, review and provide recommendations on compensation at country level.
• Participate in and maintain all salary surveys and engage with industry and professional peers to gain market insight.
• Monitor pay plans and practices to ensure they remain competitive for internal and external markets.
• Perform regular and ad-hoc market pricing exercises and pay projects.
• Ensure compensation and benefits standards comply with company policies and regulations.
• Participate in salary budget planning.
• Perform modelling of variable pay plan proposals.
• Participate in due diligence analysis during mergers and acquisitions.
• Assist in communication of compensation information to employees, HR and management.
• Stay up to date on European compensation laws and regulations to ensure compliance.
• Help prepare government filings, plan audits, or other tax-reporting requirements.
• Ensure compliance with Data Privacy and Protection Guidelines, Gender Pay Gap Analysis and EU Pay Transparency.
• Support the annual compensation processes such as merit review, bonus planning, salary surveys, etc.
• Respond to employee queries on compensation and benefit matters.
• Coach and assist in development of new team members.

Skills

Compensation analysis

Market benchmarking

Data analysis

Communication

Education

Bachelor’s degree in Finance, IT or Business Administration

Tools

Workday

SuccessFactors

PeopleSoft

Excel

PowerPoint

Job description

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 Director 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

• Assist in developing and implementing processes, programs and tools that support the business in maintaining market competitiveness in recruitment and retention
• Benchmark, analyze, review and provide recommendations on compensation at country level
• Participate in and maintain all salary surveys and engage with industry and professional peers in order to gain greater market insight
• Monitor pay plans and practices to ensure they remain competitive for internal and external markets
• Perform regular and ad-hoc market pricing exercises and pay projects
• Ensure compensation and benefits standards comply with company policies and/or other regulations or legislation
• Participate in salary budget planning
• Perform modelling of variable pay plan proposals
• Participate in due diligence analysis during mergers and acquisitions
• Assist in communication of compensation information to employees, HR and management
• Stay up to date on European compensation laws and regulations in order to ensure Company compliance
• Help prepare government filings, plan audits, or other tax-reporting requirements.
• Ensure compliance with Data Privacy and Protection Guidelines, Gender Pay Gap Analysis and EU Pay Transparency
• Support the annual compensation processes such as merit review, bonus planning, salary surveys, etc.
• Respond to employee queries on compensation and benefit matters
• Coach and assist in development of new team members

Qualifications

• Bachelor’s degree in Finance, Information Technology or general Business Administration preferred
• Minimum of 5 years experience in a multi-national corporate environment supporting complex compensation analytics and processes
• Good knowledge of compensation practices in the UK and other European countries
• Good understanding of job analysis, job grading and benchmarking
• Familiarity with major data providers and their systems
• Proven ability to analyze complex information and data and communicate findings clearly and effectively
• Strong technical skills (Excel, Word, Powerpoint) required; good working knowledge HR systems such as Workday, Success factors or PeopleSoft
• Some experience with major HR consultancies such as Willis Towers Watson or Mercer a plus

Your journey at A&M

We recognise that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person’s unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new 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 aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.