Compensation Benefits Advisor

Posted 19 June by Pertemps Birmingham Commercial
Easy Apply
£40,000 - £45,000 per annum
Birmingham , West Midlands
Permanent, full-time

Register and upload your CV to apply with just one click

View all jobs
Posted by Pertemps Birmingham Commercial
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. To oversee and administer 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.

Qualification, 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.

Reference: 52910529

Please note Reed.co.uk does not communicate with candidates via Whatsapp, and we will never ask you to provide your bank, passport or driving licence details during the application process. To stay safe in your job search and flexible work, we recommend visiting JobsAware, a non-profit, joint industry and law enforcement organisation working to combat labour market abuse. Visit the JobsAware website for information and free expert advice for safer work.

Report this job

Not quite what you are looking for? Try these similar searches