Head of Compensation & Benefits | London, UK

Morgan McKinley is looking for an experienced Head of Compensation & Benefits with previous experience in a similar role to work for a fast-growing company in The City, London.

If you are a Head of Compensation & Benefits with expertise in development mapping, crafting compensation strategies, project management, and staying informed on UK and European market trends, and you are seeking a permanent role in a fast-paced office environment as a collaborative team player with a positive attitude, please get in touch.

Job Title - Head of Compensation & Benefits

Salary - £90,000 - £100,000 plus bonus

Length - Permanent, Hybrid.

Location - The City - London

DESCRIPTION

Responsibilities will include but are not limited to:

• Develop and implement a compensation and benefits strategy aligned with business goals and tailored to UK & European markets.
• Conduct market benchmarking and ensure competitive pay structures, staying ahead of benefit trends to enhance employee value.
• Conduct job evaluations and salary surveys.
• Lead job evaluation and grading processes, maintaining role consistency, pay equity, and supporting career progression.
• Collaborate with payroll teams to ensure seamless integration of pay and benefits, addressing compliance and operational challenges.
• Address employee queries regarding compensation and benefits.
• Manage and deliver key HR projects, driving process improvements and leveraging data for decision making.
• Supervise and mentor one direct report, fostering development and aligning efforts with broader HR initiatives.
• Prepare and present insights on compensation budgets, benefits uptake, and strategic impact to senior leadership.

• Proven ability to develop strategies tailored to the UK & European markets.
• Strong skills in ensuring competitive pay structures and staying ahead of benefits trends.
• Experience conducting job evaluations and salary surveys to maintain pay equity.
• Ability to lead job grading processes and support career progression.
• Expertise in integrating pay and benefits with payroll teams while ensuring compliance.
• Ability to resolve employee queries regarding compensation and benefits.
• Proven experience in managing HR projects and driving process improvements.
• Ability to mentor and guide a direct report.
• Experience preparing and presenting compensation and benefits reports to senior leadership.