Basingstoke 01256 336 100

Winchester 01962 865 152

Compensation and Benefits Analyst

  • Location

    Basingstoke, Hampshire, England

  • Salary

    £45k - 50k per year

  • Contract

    Permanent

  • Reference

    JO0000003424

Compensation and Benefits Analyst
Basingstoke, Temporary 6 months
£45,000 - £50,000

1-1Recruitment have an opportunity for an experienced Compensation and Benefits Analyst to join our clients office in the Basingstoke area. This role is offered on a full time basis and will be temporary for initially 6 months and is offering a competitive salary between £45,000 - £50,000 per annum.

The main purpose of the Compensation and Benefits Analyst is to take responsibility for compensation and benefit related projects, partnering with the Senior Manager Compensation & Benefits and HR team members to deliver compensation related services to assigned business organizations.  Responsible for pay benchmarking activities, including job matching, job evaluation, market pricing, participation in salary surveys and market analysis. Analyses and assists in developing salary structures for Europe.

Responsibilities:
?Partners with Senior Manager, Compensation & Benefits, US Compensation Team and/or HR Business Partners/HR Managers to deliver compensation services, ensuring adherence to policy and practices.
?Manage and assist with compensation-related projects including European survey submissions and compensation studies (e.g. salary structure development and implementation, acquisitions, re-organizations, job family hierarchies, merit, bonus, car allowance/company car programs).
?Models costs and employee impact analysis and drives implementation of approved changes.
?Evaluates positions for grade placement based on the content of the job and various salary survey sources ensuring that all relevant factors have been addressed. Compare jobs internally for internal equity and make recommendations for grade level changes.
?Educates and informs the organization about compensation policies and practices and makes recommendations based on internal and external sources/best practice. 
?Compiles, analyses and interprets data to ensure internal equity and external competitiveness and makes recommendations.
?Conduct periodic audits of Compensation data to ensure accuracy and compliance

Essential Experience Required:
?Experience of Job evaluations
?Knowledge of Radford
?Knowledge of Towers Watson
?Experience in a similar role
?Experience of working across Europe

1-1 Recruitment is one of the leading recruitment agencies for jobs in Basingstoke for permanent, temporary and contract recruitment solutions. Due to the high volume of applications we are receiving, if you do not hear from a consultant within 5 days, unfortunately your application has been unsuccessful on this occasion

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