Compensation Specialist

My client is a well-established Private Equity firm based in Central London.

This is a newly created, standalone Compensation Specialist position that will partner closely with both HR and finance. This role combines both Compensation (75%) and Payroll (25%).

Key Responsibilities:

• Manage end-to-end payroll processing, ensuring timely and accurate payments (150-200 employees).
• Maintain and analyse compensation structures, salary benchmarking, and market trends.
• Provide data and reporting ahead of annual REMCO committee meetings.
• Ensure compliance with local tax laws, employment regulations, and internal policies.
• Partner with HR and Finance teams to support compensation planning, reporting, and budgeting.
• Handle employee queries related to payroll and compensation.
• Assist in developing and refining payroll and compensation policies and procedures.
• Support audits and reporting requirements related to payroll and compensation.

Role profile:

• Proven payroll & reward experience from the Financial Services / Professional Services sector.
• Management of an end-to-end Payroll function, inclusive of international payroll.
• CIPP or CIPD qualified.
• Able to work in a standalone capacity.
• Competent with various payroll systems.

What's on offer?

• Competitive base salary (£65,000 - £85,000)
• Great private benefits and bonus.
• 4 days in the office / 1 day from home.

This role would be perfect for someone that started in Payroll and has transitioned into Comp/Reward. It is a 75/25 split between compensation and payroll. You will have the opportunity to really make the role your own and partner with a number of senior stakeholders across the business. They are seeking a real problem solver, that can work at pace.

There will be times in the month/year where the role focuses on either the payroll or compensation side. They require someone that is used to balancing priorities, that will be able to ensure that the work gets done.