Compensation & Benefits Manager

We are working with a leading UK Property Services Specialist to recruit a Compensation & Benefits Manager to join their team. This is a hybrid position based in London, and could be offered either as a permanent role, or an interim project role.

The compensation and benefits specialist will project manage the company's compensation and benefits strategy set by CHRO, ensuring it aligns with the company's overall goals and remains competitive within the industry. This role involves conducting regular market research, benchmarking pay scales and benefits packages, and ensuring compliance with relevant regulations.

Key Responsibilities:

1. Following a recent merger, you will initially carry out a research project of the two companies' compensation offerings and make recommendations for synergy to present to the board.
2. Design and manage compensation programmes, including salary structures, incentive plans, and bonuses.
3. Oversee the administration of employee benefits programmes such as health insurance, retirement plans, and wellness programmes.
4. Conduct regular market research to benchmark the company's compensation and benefits against industry standards.
5. Compliance: Ensure all compensation and benefits practices comply with UK legislation and develop best practice pay gap reporting.
6. Communicate compensation and benefits information to employees and address any queries or concerns.
7. Analyse compensation and benefits data, carry out benchmarking to identify trends and make recommendations for improvements.
8. Manage relationships with benefits providers and negotiate contracts to ensure cost-effective and high-quality services.
9. Develop and update compensation and benefits policies and procedures.
10. Prepare and present reports on compensation and benefits metrics to senior management.
11. Work with the talent team to create a 'best in class' Employee Value Proposition.

Qualifications:

1. Degree level or above educated.
2. Proven experience as a Compensation and Benefits Specialist or similar role.
3. Strong knowledge of compensation and benefits practices, regulations, and market trends.
4. Excellent analytical and problem-solving skills.
5. Proficiency in HRIS and compensation management software.
6. Strong communication and interpersonal skills.
7. Proficient in Microsoft Office.

Please apply online now and one of the team will be in touch with further information.