Head of Compensation & Benefits - Wakefield
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.
£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...
Talent Acquisition Business Partner
Up to £60000.00 per annum plus benefits
Talent Acquisition Business PartnerLondon£60,000 Benefits This well-known Consumer Brand is recruiting for a Talent Acquisition to join a team with a really positive culture who provide recruiting s...
£27000 - £30000 per annum Flexible working and excellent benefits
Category Buyer Warrington £27,000 - £30,000 Are you an ambitious Procurement professional looking for a...
Quality, Technical and Certification Lead
Birmingham, West Midlands
£35000.00 - £40000.00 per annum Benefits
Quality, Technical & Certification Lead Birmingham £35,000 - £40,000 per Annum. Benefits Do you want to work for a global business that offer a family orientated work culture?Are you a Quality prof...
National Account Executive
Birmingham, West Midlands
National Account Executive - Contract Catering & HealthcareNationwide UK£Competitive Bonus Car Role ProfileLockhart Catering Equipment specialise in supplying high calibre and unique products thro...
Procurement Specialist - Construction / Facilities Management
North West England
£50000 - £55000 per annum Car, Bonus & Excellent Benefits
Procurement Specialist - Construction / Facilities Management North-West, with flexible / home working £50,000 - £55,000 Car, Bonus and Excellent Benefits Role ProfileMy North-West based client is...
Typical roles we recruit forROLES
Head of Compensation & Benefits Jobs in Wakefield
Wakefield is a city just south of Leeds that comprises the five towns of Pontefract, Castleford, Normanton, Featherstone and Knottingley, as well as other minor towns. With a population of around 325,000, it’s a moderately sized city that is overshadowed by its northern neighbour and Sheffield, which is 20 miles (31 km) to the south. Wakefield is well connected by rail and road, with the M62 and the M1 passing by its north and west respectively.
The city and its constituent towns boomed during the Industrial Revolution when vast seams of coal were discovered beneath them. The area dug hundreds of mines and this remained the key industry in the area until the 1980s when they were closed down one by one. The last remaining one is Kellingley Colliery, located at Knottingley, just east of Pontefract.
The city remains industrial, however, although the days of heavy industry are largely gone. The city’s excellent communications and central location have made it an ideal place to site warehouses, factories and distribution centres, so Head of Compensation & Benefits jobs regularly appear in the Wakefield area. There are also regeneration projects going on in the city designed to diversify and stimulate the economy, and this looks set to bring further growth to an area that has had to reinvent itself completely in thirty years.
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