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Compensation & benefits business partner

London
Novotech
€80,000 a year
Posted: 5 April
Offer description

Brief Position Description

This role provides an opportunity to shape and deliver the organization's compensation and benefits strategy across Europe, ensuring programs are competitive, equitable, and compliant. The Compensation & Benefits Business Partner acts as a strategic advisor to HR and business leaders, leveraging data and market insights to inform decision‑making and support talent attraction, retention, and performance. Working closely with the Compensation & Benefits Centre of Excellence (CoE), this role is accountable for translating global reward strategy into effective regional execution, balancing consistency with local market and regulatory requirements.


Qualifications & Experience

1. Experience:

* 5-8+ years of experience in Compensation & Benefits, ideally within a multinational environment
* Experience supporting multiple countries across Europe and/or North America
* Background in life sciences, CRO, healthcare, or consulting environments preferred
* Experience in annual compensation cycles and market benchmarking
* Analytical Capability: Advanced Excel and strong data interpretation skills; ability to translate data into insights
* Business Partnering: Strong stakeholder management and influencing skills
* Regulatory Awareness: Understanding of compensation and benefits regulations across Europe
* Collaboration: Ability to operate effectively in a global, matrixed environment
* Attention to Detail: Strong governance and accuracy mindset


Responsibilities


Business Partnering & Advisory

* Partner with HR Business Partners and business leaders across Europe to provide expert guidance on compensation and benefits matters
* Support workforce planning, hiring, promotions, and retention strategies through effective reward solutions
* Advise on complex or sensitive compensation cases (e.g. senior hires, off-cycle adjustments, retention actions)
* Support and deliver annual compensation processes including salary reviews, bonus cycles, and incentive planning
* Contribute to the design and evolution of salary structures, job architecture, and incentive frameworks
* Ensure consistent application of global compensation philosophy, adapted appropriately for local markets
* Partner with Finance to support budgeting, forecasting, and workforce cost management
* Support and deliver annual compensation processes including salary reviews, bonus cycles, and incentive planning
* Contribute to the design and evolution of salary structures, job architecture, and incentive frameworks
* Ensure consistent application of global compensation philosophy, adapted appropriately for local markets
* Partner with Finance to support budgeting, forecasting, and workforce cost management


Benefits Management

* Support the design, review, and ongoing management of benefits programs across Europe
* Partner with brokers and vendors to ensure programs are competitive and cost-effective
* Ensure alignment with both corporate strategy and local statutory requirements
* Lead participation in compensation benchmarking surveys and analyze market data to inform pay decisions
* Provide insights on market competitiveness, internal equity, and pay positioning
* Develop analytics and reporting to support evidence‑based decision-making, including pay equity analysis


Governance, Compliance & Risk

* Ensure all compensation and benefits programmes comply with local legislation and regulatory requirements across Europe
* Support governance related to pay transparency, pay equity, and emerging regulatory developments
* Maintain robust processes, documentation, and audit trails
* Oversee execution of compensation activities including salary changes, bonus payments, and promotions within HR systems
* Partner with HR teams to ensure accurate and timely data management
* Act as escalation point for day‑to‑day compensation and benefits queries within the region


Regional Delivery & Operations

* Oversee execution of compensation activities including salary changes, bonus payments, and promotions within HR systems
* Partner with HR teams to ensure accurate and timely data management
* Act as escalation point for day‑to‑day compensation and benefits queries within the region


Projects & Continuous Improvement

* Contribute to regional and global reward initiatives (e.g. harmonisation, system improvements, policy development)
* Identify opportunities to improve processes, efficiency, and consistency across regions

Novotech is proud to offer a great workplace. We are committed to being an employer of choice for gender equality and providing an inclusive work environment where everyone is treated fairly and with respect. Our team members are passionate about what we do, but we understand work is only of the things that is important to them. We support our team members with flexible working options, paid parental leave for both parents, flexible leave entitlements, wellness programs and ongoing development programs. We are looking for people who are passionate about working clinical research and biotech, including people who identify as LGBTIQ+, have a disability or have caring responsibilities. We are a Circle Back Initiative Employer and commit to respond to every application. We look forward to contacting you regarding your application.

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