Head of Compensation & Benefits - Tyne and Wear
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
Head of e-commerce
Manchester, Greater Manchester
Up to £300 per day
Head of e-commerce - Outside IR35Manchester (Hybrid Working)3 Month Contract£Competitive Day Rate Cast UK are supporting a prestigious client with the recruitment process of a Head of e-commerce to jo...
Operations Manager - E-commerce
Up to £60000.00 per annum car allowance, bonus
Operations Manager, Northamptonshire, £60k Car allowance & Bonus We are currently recruiting an integral Operations Manager for a major e-commerce retailer based in Northamptonshire. This is a fanta...
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...
£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...
Transport Planner Tamworth £Competitive Salary Benefits Role Profile Bunzl Catering Supplies, part of the Bunzl Catering & Hospitality Division, is the leading distributor of disposab...
£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 ...
Typical roles we recruit forROLES
Head of Compensation & Benefits Jobs in Tyne and Wear
Located in the north-east of England, Tyne and Wear is a county named after the two local rivers that flow into the North Sea. It is bordered by County Durham and Northumberland.
Tyne and Wear comprises a number of metropolitan boroughs: North and South Tyneside, Gateshead, Sunderland and Newcastle upon Tyne - all of which offer a range of options for those seeking Head of Compensation & Benefits positions.
During the Industrial Revolution, the region rose to prominence, with coal mining, shipbuilding and heavy industry all bringing wealth to the area. Flint glass was also produced here and a number of products were developed in the area, including safety lamps, self-raising flour, Joseph Swan's electric lightbulbs and the steam turbine.
These days, Tyne and Wear supports a number of business sectors, ranging from manufacturing and engineering through to services, retail and finance.
Just some of the many companies located in Tyne and Wear include Be-Ro Flour, the Go-Ahead Group, Greggs the baker, BAE Systems, Orange, T-Mobile, Nissan Motor Manufacturing UK, Npower, EDF Energy and Ubisoft.
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