Compensation Analyst
Department: HR Operations
Employment Type: Full Time
Location: Horsham
Reporting To: Kim Goddard
Description
You will own compensation insight and cost control across the business. You will track and manage pay against budgets, provide clear analysis to senior stakeholders, and embed market data into hiring and reward decisions.
This is a hands‑on role. You will work with complex datasets, influence senior decisions, and bring structure and discipline to compensation activity across Benchmark.
What you'll do
Compensation cost and budget management
* Track salary, bonus and equity costs against approved budgets
* Monitor risks, variances and emerging pressures, with clear recommendations
* Work closely with Finance to align forecasting, reporting and planning
Analysis and reporting
* Build and maintain compensation models for forecasting and scenario planning
* Produce clear, decision‑ready insight for ExCo and senior leadership
* Analyse large datasets accurately and efficiently
Annual and in‑year pay activity
* Support annual compensation reviews and out‑of‑cycle changes
* Track budget usage and adherence to frameworks
* Maintain clear, audit‑ready documentation
Benchmarking and market data
* Own benchmarking across job families and roles
* Translate market data into practical pay guidance
* Manage relationships with external data providers
Hiring and Talent Acquisition support
* Provide pay guidance into hiring and offer decisions
* Support benchmarking for new and replacement roles
* Drive consistency and budget discipline across hiring
Advisory and stakeholder support
* Partner with HRBPs and leadership on pay decisions
* Provide clear, evidence‑based compensation advice
* Simplify complex data for non‑technical audiences
Share plans and equity
* Support equity and share plan administration
* Track participation, costs and reporting requirements
Acquisitions and integration
* Support compensation analysis for acquisitions
* Provide input into due diligence and integration decisions
* Assess pay structures, schemes and alignment
Governance, risk and equity
* Identify and analyse pay risks and inconsistencies
* Support pay equity and risk reviews
* Maintain controls aligned to governance requirements, including SM&CR principles
The knowledge, experience and qualifications you need
* Experience in compensation, reward, or analytics roles
* Strong experience managing compensation budgets or cost envelopes
* Advanced Excel skills, including modelling and data analysis
* Confidence working with large datasets and complex reports
* Experience presenting insight to senior stakeholders
Desirable
* Experience with share or equity programmes
* Experience supporting annual pay reviews
* Exposure to external market data providers
* Financial services or regulated environment experience
The base
You’ll be based at the Benchmark Head Office, within our Broadlands Business Campus near Horsham in West Sussex but will need to be present across our other offices, including the main Schroders headquarters in London. It has high standards and international reputation, without being in the city: a big, countryside campus means life will feel a little different.
We support our offices by using cutting edge software and hardware and our spacious campus facilities mean there’s a great working environment for the team. With an on‑site restaurant, coffee shop and gym, our campus has much to offer. And commuters can relax on our dedicated regular shuttle bus to and from Horsham’s main line train station.
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