Compensation Analyst

Compensation Analyst

Job ID:  5381
Department:  Human Resources
Category:  Human Resources
Location: 

London, ENG, GB

Employment Type:  Permanent
Description: 

 

Role Summary

The person in this role will provide support across a variety of Compensation related tasks, working within a busy HR function. You will be working closely with several HR Systems (ResourceLink, SuccessFactors, Equate+, Benifex and Payscale Curo) while also being a key point of contact and decision maker for the efficient delivery of compensation analysis.

 

What you’ll be doing

• The preparation and production of required reporting/disclosures/data as they relate to regulatory compliance requirements such as Gender Pay Gap, CEO Pay Ratio etc.

• Working closely with our Finance team to produce remuneration reports for all UK statutory directors for financial analysis on an annual basis.

• Work closely with our Finance team on our regulated entities, prepare and produce annual FCA Remuneration data submissions for companies in Singapore, UK, Dubai and Geneva.

• Introduce a salary benchmarking tool (WTW) and upload up-to-date annual salary data.

• Develop high-quality HCM and market trend analysis to support HR and business leaders.

• Analyse and produce data for presentation purposes and periodic ad hoc reports for committees, boards and other relevant groups.

• Support in operational areas of compensation including, but not limited to, offer consultation, market data, benchmarking, reporting, reconciliation, and other compensation analytics.

• Maintain records of all employee shareholding, including LTIP awards, SAYE scheme and ordinary shares to identify monthly share activities and actions.

• Co-ordinate with Company Secretary team to facilitate share vesting activity and executive options.

• Producing payroll information for business insurance renewals for various Group offices.

• Manipulating payroll reports to provide costings information to the accounting teams regularly.

• Participation in broader HR projects that move the function and business forward.

• Act as the primary point of contact for the administration, reporting, maintenance and continuous improvement of Compensation & Benefits systems, including ResourceLink, Equate+, Benifex and Payscale Curo, liaising with internal stakeholders and external providers to resolve issues, implement enhancements and support business requirements.

• Fulfil any additional / ad hoc duties as required to meet the needs of the business.

 

 Annual Compensation Review (September – March)

• Prepare, upload and reconcile global compensation data from the HR System (SuccessFactors) and other sources into our compensation tool (Payscale Curo).

• Conduct UAT in Payscale Curo to ensure the system is in a state of readiness prior to the annual process

• Manipulating and aggregating large sets of data into various formats within excel.

• Annual reconciliation of all share information from Shareworks against SuccessFactors and Curo, including uploading any supplementary awards made throughout the year.

• Export and distribute relevant compensation data to the correct stakeholders including senior management, CFO and CEO.

 • Input and check all salary and bonus recommendations, provided both within the system and offline. 

• Provide HR with relevant compensation data to issue paperwork.

• Coordinate any global bonus apportionments that may be required.

• Perform detailed analysis to support compensation decisions.

• Regularly cleanse and validate extensive compensation data throughout the year to ensure accuracy and integrity.

• Fulfil any additional / ad hoc duties as required to meet the needs of the business.

 

What we’re looking for

We welcome applications from candidates who share our Company Values and key attributes, as follows:

• Integrity and respect – acting thoughtfully and ethically to do the right thing in accordance with Conduct Rules, and to promote and foster a respectful work environment for all.

• Drive – self-motivation and the desire and commitment to succeed, deliver excellence and make positive change.

• Relationship building – excellent communicator to effectively build strong, long-lasting relationships with colleagues, clients and others.

• Collaboration – working well with others across diverse backgrounds to share information, develop skills and deliver results.

• Resilience - persisting and adapting to changing or difficult situations and adopting a positive and focused approach.

• Smart - problem-solving and analytical abilities, with a curious and inquisitive mind, and an openness to new ideas.

 

Other requirements

• Advanced Excel - expert level required with proficiency in pivot tables, vlook ups, macros, formulas and complex workbooks.

• Experience working with HR systems and Compensation Tools to import and export data management (SuccessFactors, ResourceLink, Benifex, Equate+ and Payscale Curo).

• Strong analytical skills to draw out key data points and insights.

• Administration skills, with high focus on accuracy and attention to detail.

• Data presentation skills to formulate and present their insights.

• Highly organised, able to multi-task and prioritise tasks.

• Able to work to deadlines and manage their workload.

• Experience dealing with large sets of data and being able to manipulate this into meaningful outputs and interpret the data.

• Ability to work independently and as part of a team