Head of Compensation & Benefits - Edinburgh
Head of Compensation and Benefits Jobs
In the modern company, competition to land the best talent is almost as prized as it is to win market share in the sector. It has long been recognized that employees’ contributions to a company can make or break it, and that employees who feel undervalued – rightly or wrongly – will soon start looking elsewhere. It is the head of compensation and benefits’ job to use pull factors such as salaries, bonuses, pensions etc. to attract and retain employees.
The role requires a strategic mindset, as employees’ motivations change as they serve more time at a company and climb its ladder. A programme of review and assessment will need to be put in place or maintained, and liaison with employees’ managers will help guide the compensation and benefits decisions for individual employees. Essentially that will mean making cost-benefit analyses for each employee and rewarding them appropriately. While the role might be overseeing a compensation team in larger companies, in smaller ones, the task may be all down the head herself or himself.
The skills required
A strategic, analytical mindset is a key asset in the role of head of compensation and benefits. You will be assessing the value of employees but you also have a hand in motivating them through the use of perks and other incentives. As compensation is an expenditure to a company – and often its largest outgoing – the role will require a sense of balance, honest, unemotional assessment of an employee’s worth to the company. Reporting to the board, you will need to justify the compensation and benefits you decide on, and evidence of your case will need to be presented to get approval.
Experience in working with benefits and compensation at a management or executive level will be an important asset for this role. You must be able to demonstrate a deep understanding between employee motivation, productivity and profitability and how they interrelate. Evidence of schemes and initiatives you have previously put in place to that end will also be of great benefit.
Popular Cities & Towns
Milton Keynes, Buckinghamshire
Up to £40000.00 per annum
Job Title: Sustainability Specialist Location: Milton Keynes Salary: £40000 We are a looking for a Sustainability Specialist to join our industry leading client based in Milton Keynes. The successful ...
Continuous Improvement Analyst (6-9 month FTC)
£28000.00 - £32000.00 per annum
CI Analyst, Blackburn, £28k - £32k DOE Benefits, 6-9 month FTCWE NEED YOU A Continuous Improvement Analyst with the ability to drive and implement business improvement projects within Operations Who...
Transport PlannerTamworth£Competitive Salary Benefits Role ProfileBunzl Catering Supplies, part of the Bunzl Catering & Hospitality Division, is the leading distributor of disposables, packaging and...
£40000.00 - £45000.00 per annum
Technical Manager in Food Manufacturing Location: London Salary: £40,000 - £45,000 An experienced Technical Manager is sought by a leading Food Manufacturing business in London. This is an exciting op...
£35000.00 - £37000.00 per annum
Account Manager - Dropship, Shoreditch, London, £35,000 - £37,000 BenefitsRole ProfileMy client is seeking a resilient self-starter with a passion for sales and project management, great attention t...
Mechanical Workshop Engineer
Stockport, Greater Manchester
Mechanical Workshop Engineer Stockport £ Competitive Salary Excellent Benefits Role ProfileMy client, an established engineering business in the Stockport area, is looking to appoint a Mechanical En...
£52000.00 - £55000.00 per annum
Project Manager, £52,000 - £55,000 BenefitsHome-Based (Travel to Bristol once a month)Are you a Project Manager with extensive experience of managing a portfolio of projects?Do you like the idea of ...
North West England
£90000 - £100000 per annum Car, Pension, Bonus
Managing Director North-West £90,000 plus package (Car, Pension, Bonus) Are you an experienced Site Manager / General Manager looking for an exciting Managing Director opportunity? Or are you an ex...
Up to £60000 per annum
Stock & Inventory Manager, Midlands, £60,000 Benefits Role Profile Are you an experienced Inventory Manager with a passion for influencing change? Then we want to hear from you! Key Responsibilities...
Typical roles we recruit forROLES
Head of Compensation & Benefits Jobs in Edinburgh
Known for its romantic skyline, beautiful castle and fascinating history, Edinburgh is the capital of Scotland and the second most populated city north of the border.
People have been living in Auld Reekie, as it is affectionately known by locals, since at least the Bronze Age and throughout the Middle Ages, Renaissance and Scottish Reformation in the 16th century, it flourished as a market town, a royal burgh and a centre of commerce and culture.
During the Industrial Revolution, the city began to spread outwards in every direction. As more people came to the city, tenement flats were built and factories and businesses established. While Glasgow may have overtaken the capital during this period in terms of economy and population, Edinburgh maintained its prominence and continued to thrive.
After devolution in 1999, Edinburgh became the home of the Scottish Parliament and Scottish Executive. Today, the city is the heart of the Scottish government. It also plays an important part in other sectors, such as finance, publishing, media and tourism, offering a wealth of opportunities for those seeking Head of Compensation & Benefits jobs.
Companies based in Edinburgh today include Edinburgh University Press, The Scotsman, HBOS, the Royal Bank of Scotland, Scottish Widows, Rockstar North and Caledonian Breweries.
In addition, the city hosts the Edinburgh Festival every year. Comprising a number of different events like the International Festival and the Edinburgh Fringe, this is a month-long celebration of music and theatre, comedy and the arts.
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