Senior Compensation, Benefits & Wellbeing Manager, Human Resources

London, England, United Kingdom

1/24/2025

Reporting into a newly recruited CPO/HR Director, this is an exciting opportunity to be primarily responsible for the day-to-day management of the firm’s compensation, benefits and wellbeing programmes.

This is a new role within the HR team and will oversee and support all key annual reward processes such as salary reviews, bonus schemes, benefits renewals and enrolment windows as well as regulatory reporting, the preparation of data and creating and maintaining reports for the HR team and the wider business. You will work closely with the firm’s payroll manager and those supporting our diversity and inclusion work.

The role will involve building relationships across the business to ensure a high standard of support to internal stakeholders. You will act as the firm’s reward and benefits champion, driving efficiency and engagement, implementing best practice and identifying opportunities to improve our employee experience and bring to life our employee value proposition.

Compensation

• Manage and proactively review the reward strategy of the firm
• Benchmark salaries, ensuring consistency in approach, providing insights and analysis as required
• Regularly conduct thorough analysis of market data and trends to provide insights to support the business, including presentation to key Boards where needed
• Provide support to the HR Business Partner team for the design, implementation and delivery of annual salary reviews and bonus processes
• Ensure accurate and timely submission of data to survey vendors such as Willis Towers Watson and of reports such as gender pay gap reports
• Provide advice to the HR Recruitment team relating to offers, ensuring consistency and equity across roles etc.
  
  

Benefits

• Manage and proactively review the firm’s provision of benefits.
• Develop and maintain strong partnerships with external providers, particularly during renewal periods, negotiating as required.
• Research and evaluate industry trends to ensure that the firm is competitive in the benefits market.
• Deliver informative communication materials that engage employees and partners with the firm’s benefits provision.
• Support the HR Business Partner team to understand and communicate in relation to benefits.
• Offer a first class service to all partners and employees, either handling enquiries or escalating to supplier and providing benefits support and guidance during the various stages of the partner/employee life cycle.
  
  

Wellbeing

• Work collaboratively with key internal stakeholders to support the firm’s commitment to promoting wellbeing.
• Collate and utilise data to track, measure and report in relation to wellbeing goals, including analysis where this is required for client pitches.
• Design and implement initiatives designed to enhance physical, mental and emotional wellbeing to boost engagement and resilience across the business.
• Maintain an annual calendar of wellbeing events to create an environment where employees feel valued and supported.
• Participate in relevant external wellbeing kitemarks, certifications and benchmarking assessments.
  
  

General

• Increase the use of data analytics to inform compensation and benefit decisions.
• Ensure salary and benefits compliance with legal requirements (to include Gender Pay Gap reporting, P11d filing and submission).
• Prepare forecast budget for compensation and benefits for the financial year.
  
  

Job Description

A detailed job description can be found here.

Apply