Compensation Manager
Compensation Manager
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
About this role
Here at Capital One Compensation is an important component of our Total Rewards strategy which focuses on Delivering Total Rewards that compel the best people to join and stay with Capital One and empower them to live their best lives. We are looking for a Manager Compensation to join our International compensation team and who are detailed results-oriented and flexible with the ability to manage multiple initiatives in a fast-paced environment. This role is responsible for designing planning and implementing compensation programs policies and procedures in the UK.
We work in a business-casual collaborative environment where ones contributions are recognised successes are elevated and effort is rewarded. We bring an analytically rigorous data-driven approach to compensation and are focused on improving the associate experience including associate understanding of pay. The ideal candidate for this role should exhibit strong communication influencing and problem solving skills towards all stakeholders. Experience gathering requirements and digging into the details of business objectives along with the ability to translate these requirements into terms that others can develop solutions for is critical.
We bring a data-driven approach to compensation. If you have a passion for analysing compensation and want to be part of a winning team then this is the job for you!
What youll do
Partner with HR and senior business leaders to develop pay programs for our UK Business while exhibiting strong communication influencing and problem solving skills and ensuring alignment with the HR and business strategy for Capital One in the UK
Deliver expert compensation consulting and develop proposals and presentations about compensation programs (including market data and appropriate pay levels/targets) to influence and educate senior level decision-makers
Serve as the primary compensation point of contact for mid-year and year-end compensation cycles for assigned client groups ensuring smooth execution and managing within internal and external controls
Contribute to strategic compensation projects key initiatives or processes horizontally across client groups
Collaborate with recruiters to develop competitive offer packages for external hires
Perform deep analysis on effectiveness and competitiveness of existing compensation programs and model potential impact of alternatives
Conduct benchmarking and job evaluations using market data and internal evaluation and regularly analyse our market position on jobs; make recommendations on market adjustments
Research and formulate recommendations on external and internal employment offers job leveling and internal equity adjustments through the use of salary surveys and internal compensation tools
Draft plans educational materials and communications designed to provide associates managers and HR partners with timely and accurate information regarding compensation initiatives
Be an influential HR leader who thinks beyond compensation programs and builds strategic initiatives in close partnership with our HR analytics and benefits teams
Demonstrate an understanding of UK labor and pay equity laws to effectively audit analyse and develop internal compensation practices inclusive of corrective actions as needed
Provide compliance consultation to HR and your business clients
What were looking for
Compensation management experience preferably within a regulated industry
High level of experience with building compensation models and conducting pay analysis
Experience in a client consulting role
Advanced Google Sheets / Excel skills (VBA macros array functions) and experience in developing data-based stories in Powerpoint / Google Slides
Great attention to detail to understand compensation analytics and how to present to senior business leaders
Ability to work cross-functionally and globally with lots of stakeholders to drive compensation decisions
Experience with Workday (desirable)
Experience with benchmarking tools (BetterComp) or reporting tools (Tableau Business Objects)
Knowledge of human resources and compensation including knowledge of Local laws/regulations relating to compensation
We are committed to creating a level playing field and seek to create teams that are representative of our customers and the communities we serve. Wed love to hear from you if you identify with a typically under-represented group in our industry and are particularly keen to hear from women the LGBTQ community and ethnic minority candidates.
Where and how youll work
This is a permanent position and can be based in our Nottingham or London office.
We have a hybrid working model so youll be based in our office 3 days a week on Tuesdays Wednesdays and Thursdays and can work from home on Monday and Friday.
Many of our associates have flexible working arrangements and were open to talking about an arrangement that works for you.
Whats in it for you
Bring us all this - and youll be well rewarded with a role contributing to the roadmap of an organisation committed to transformation
We offer high performers strong and diverse career progression investing heavily in developing great people through our Capital One University training programmes (and appropriate external providers)
Immediate access to our core benefits including pension scheme bonus generous holiday entitlement and private medical insurance with flexible benefits available including season-ticket loans cycle to work scheme and enhanced parental leave
Open-plan workspaces and accessible facilities designed to inspire and support you. Our Nottingham head-office has a fully-serviced gym subsidised restaurant mindfulness and music rooms. In London you can heighten your mood with a run on our rooftop running track or an espresso at the Workshop Coffee caf
What you should know about how we recruit
We pride ourselves on hiring the best people not the same people. Building diverse and inclusive teams is the right thing to do and the smart thing to do. We want to work with top talent: whoever you are whatever you look like wherever you come from. We know its about what you do not just what you say. Thats why we make our recruitment process fair and accessible. And we offer benefits that attract people at all ages and stages.
We also partner with organisations including the Women in Finance and Race At Work Charters Stonewall and upReach to find people from every walk of life and help them thrive with us. We have a whole host of internal networks and support groups you could be involved in to name a few:
REACH Race Equality and Culture Heritage group focuses on representation retention and engagement for associates from minority ethnic groups and allies
OutFront to provide LGBTQ support for all associates
Mind Your Mind signposting support and promoting positive mental wellbeing for all
Women in Tech promoting an inclusive environment in tech
EmpowHER - network of female associates and allies focusing on developing future leaders particularly for female talent in our industry
If you require a reasonable adjustment please contact All information will be kept confidential and will only be used for the purpose of applying a reasonable adjustment.
For technical support or questions about Capital Ones recruiting process please send an email to
Capital One does not provide endorse nor guarantee and is not liable for third-party products services educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
Required Experience:
Manager
Employment Type
Full-Time
