Consultant - Compensation & Benefits (1-2 yrs)

Company Description:

Version 1 has celebrated over 26 years in Technology Services and continues to be trusted by global brands to deliver solutions that drive customer success. Version 1 has several strategic technology partners including Microsoft, AWS, Oracle, Red Hat, OutSystems and Snowflake.

We're also an award-winning employer reflecting how employees are at the heart of Version 1. We've been awarded: Innovation Partner of the Year Winner 2023 Oracle EMEA Partner Awards, Global Microsoft Modernising Applications Partner of the Year Award 2023, AWS Collaboration Partner of the Year EMEA 2023 and Best Workplaces for Women by Great Place To Work in UK and Ireland 2023. As a consultancy and service provider, Version 1 is a digital-first environment, and we do things differently. We're focused on our core values; using these we've seen significant growth across our practices and our Digital, Data and Cloud team is preparing for the next phase of expansion. This creates new opportunities for driven and skilled individuals to join one of the fastest-growing consultancies globally.

Job Summary:

- We are seeking a highly skilled and experienced Compensation & Benefits Consultant to join our Human Resources team in the IT industry.

- The ideal candidate will have a strong background in both compensation and benefits, with the ability to design, implement, and manage competitive compensation programs that attract, retain, and motivate top talent.

Key Responsibilities:

Job Evaluation and Analysis:

- Conduct job evaluations and analyses to determine appropriate compensation levels.

- Develop and maintain job descriptions and classification systems.

- Provide guidance on job grading and salary benchmarking.

Benchmarking Across Geographies:

- Perform comprehensive benchmarking studies to compare compensation and benefits across different geographies.

- Analyze regional market data to ensure competitive and equitable pay practices globally.

- Provide recommendations based on geographic compensation trends and cost-of-living adjustments.

Benefits Administration:

- Oversee the administration of employee benefits programs, including health insurance, retirement plans, and wellness initiatives.

- Evaluate and recommend improvements to existing benefits programs to enhance employee satisfaction and retention.

- Ensure compliance with all relevant regulations and laws related to employee benefits.

Employee Communication and Support:

- Communicate compensation and benefits programs to employees and provide support for related inquiries.

- Conduct training sessions and workshops to educate employees on compensation and benefits topics.

- Collaborate with HR business partners to address employee concerns and provide solutions.

Compensation Strategy:

- Assist in the development and implementation of compensation strategies that align with the company's business objectives and market trends.

- Conduct market analysis to ensure competitive pay structures and practices.

- Contribute to the design and management of salary structures, incentive plans, and equity programs.

Data Analysis and Reporting:

- Analyse compensation and benefits data to identify trends and make data-driven recommendations.

- Prepare and present reports on compensation and benefits metrics to senior management.

- Monitor and report on the effectiveness of compensation and benefits programs.

Qualifications:

- Bachelor's Degree in Human Resources, Business Administration, or a related field.

- A Master's Degree or relevant certification (CCP, CEBS) is preferred.

Experience:

- Minimum of 5 years of experience in compensation and benefits, preferably in the IT industry.

- Proven experience in designing and managing compensation and benefits programs.

Skills:

- Strong analytical and problem-solving skills.

- Excellent communication and presentation skills.

- Proficiency in HRIS and compensation management software.

- In-depth knowledge of compensation and benefits regulations and best practices.

- Ability to work independently and as part of a team.

Key Competencies:

- Attention to Detail: Meticulous in ensuring accuracy and compliance in all compensation and benefits activities.

- Strategic Thinking: Ability to align compensation and benefits strategies with overall business goals.

- Interpersonal Skills: Strong ability to build relationships and collaborate with various stakeholders.

- Adaptability: Ability to thrive in a fast-paced and dynamic environment.

Why Join Us:

- Innovative Environment: Work with cutting-edge technology and innovative solutions.

- Career Growth: Opportunities for professional development and career advancement.

- Comprehensive Benefits: Competitive compensation package and comprehensive benefits.

If you are a dedicated and experienced Compensation & Benefits Consultant with a passion for the IT industry, we encourage you to apply and join our dynamic team.

Additional Information:

At Version 1, we believe in providing our employees with a comprehensive benefits package that prioritises their well-being, professional growth, and financial stability.

One of our standout advantages is the ability to work with a hybrid schedule along with business travel, allowing our employees to strike a balance between work and life.

We also offer a range of tech-related benefits, including an innovative Tech Scheme to help keep our team members up-to-date with the latest technology.

We prioritise the health and safety of our employees, providing private medical and life insurance coverage, as well as free eye tests and contributions towards glasses.

Our team members can also stay ahead of the curve with incentivized certifications and accreditations, including AWS, Microsoft, Oracle, and Red Hat.

Our employee-designed Profit Share scheme divides a portion of our company's profits each quarter amongst employees.

We are dedicated to helping our employees reach their full potential, offering Pathways Career Development Quarterly, a programme designed to support professional growth.