Overview

Compensation Analyst
Location – Chertsey
Salary – £134.88 – £154.23 per day
Duration – On going contract
Benefits: Bonus 10% on target of base salary (discretionary). Holiday – 25 days per annum plus bank holidays, Access to staff sales discount, Access to Reward Plus discount shopping and a Government pension auto-enrolment from 12 weeks.

Summary of a Compensation Analyst
In this role, you will be supporting the Head of Performance Based Pay with day to day operations including collating and reviewing KPI’s, SMART objectives and Sales Targets and calculating and communicating results. This role will provide a great overview of the entire business and will involve significant and regular interaction with colleagues across the business.

 

Responsibilities of a Compensation Analyst
• Supporting over 1300 colleagues across UK and Europe to receive Performance Based Pay / MBO Payment
• System Administrator – ICM
• Working with Commercial Finance for all Sales divisions across the UK to collate Sales Targets on a quarterly basis
• Working with Commercial Finance on product and account mapping changes
• Handle the core data collection process for all colleagues within the business, ensuring that all data is entered correctly in to system – Salaries / Reporting Line / New Starter / Leavers / cost centre changes / promotion and grade changes and any other personal data changes
• Chasing outstanding personal goals to be set and evaluated in ICM
• Work to strict deadlines to ensure payments are submitted to payroll on time for processing
• Manager and employee training on PBP Schemes
• Handle and respond to queries promptly and professionally using Jira ticketing system
• Monthly Accruals for all employees including Partners Colleagues for both Sales and Non Sales
• Scheme exception cost simulations within the system as and when requested

Key competencies of a Compensation Analyst
• Advanced Excel user –modelling ability including handling large data sets etc
• Experience of using various commission and bonus software specifically ICM
• Prior experience of business modelling and/or data management
• High attention to detail & highly organised
• Ability to relate to people at all levels of the organisation
• Great communicator and relationship builder
• Passion for talking to our employees and communicating the complex scheme in a clear concise manner
• Highly organised
• Team player
• Discreet (handling sensitive and confidential data)
• Hard working
• Enthusiastic, personable, flexible with commercial outlook and understanding
• Proactive approach

Please note: As you can appreciate we are currently overwhelmed with applications and we can therefore only contact those applications that have relevant skills for positions that we currently have available. Should you not hear from us within a week, you have been unsuccessful on this occasion.
March Recruitment is an equal opportunities employer and complies with all relevant UK legislation. If you are successful in your application, you will be required to attend a full registration with one of our Consultants which will involve you providing a current passport, any relevant visas and completing relevant tests and a full competency based interview.
Please note that by applying for this vacancy you accept March Recruitment’s Privacy Policy and GDPR Policy which can be found on our website and therefore give us consent to contact you.
Consultant – Charlie Shepherd

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