Compensation Specialist in UK

Location: London
Salary: Hidden
Recruiter: McGregor Boyall
Job Hours: Full-time

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Seeking a Compensation Specialist to support on all compensation activity across the UK within a banking institution.

It is a fantastic opportunity with a breadth of responsibilities for an individual to continue to grow and develop expertise in this space.

Responsibilities Include:

  • Providing expert advice relating to all aspects of compensation to HR Business Partners and broader business stakeholders
  • Support projects and processes in the compensation space including salary benchmarking, analytics and annual remuneration review, deferred compensation and annual compensation survey submissions
  • Prepare materials for and present at/attend UK REMCO meetings
  • Work closely with the compensation team in the global headquarters to ensure consistent application of compensation processes
  • Advise on structuring creative and competitive compensation packages to attract and retain employees
  • Lead and facilitate the business on all regulatory remuneration requirements including processes and disclosures including attending the Regulatory Forum and ensure all relevant controls are in place
  • Provide reporting as required around variable compensation pay out reconciliation.

Core Requirements Include:

  • Experience of working within the financial services sector within the compensation space- preferably within banking
  • Sound knowledge and experience of the compensation across the UK and EMEA region.
  • Good understanding of the regulatory, legal and social requirements for compensation across the UK and EMEA regions.
  • Good understanding of market benchmarking and job evaluation methodologies (McLagan preferable)
  • Strong analytical and numeracy skills.
  • Excellent communication skills

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.


About McGregor Boyall


McGregor Boyall is a privately owned global recruitment consultancy founded in 1987. We are headquartered in the City of London, with additional offices covering the UK & Europe, the Middle East and North America.

We provide permanent, contract and project-based recruitment services focusing on the mid-senior candidate market. We deliver within Financial Services, Commerce and Industry, and the Public Sector. Our primary specialisms cover all technology verticals and core business functions.

We attribute our success to our consultants’ professionalism, subject matter expertise and market knowledge. We understand that clients seek a strategic delivery partner they can trust. Since our inception, we have consistently proven we can deliver on clients’ requirements with an emphasis on speed whilst maintaining quality.

Since day one, our mission has been to do recruitment better. We execute this mission through a combined belief in our core values. These values provide the foundation that shapes our company culture and the way we work.

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