Rachel King

• Phone: +44 7911 123456
• Email: rachel.king@email.com
• Location: London, UK
• LinkedIn: rachelkingrewards

Summary

Led the redesign of a global compensation structure for a 5,000-employee firm, resulting in a 15% improvement in internal equity and a 10% reduction in benefits spend through vendor renegotiations. Over 8 years of progressive experience in developing and implementing comprehensive total rewards programs aligned with strategic business objectives.

Adept at leveraging market insights and data analytics to formulate competitive salary bands, incentive schemes, and benefits packages, enhancing employee engagement and talent retention. Proven ability to navigate complex regulatory landscapes and communicate intricate compensation concepts to diverse stakeholders.

Experience

Senior Compensation and Benefits Manager, Sterling Group PLC -- London, UK

Mar 2020 – present

• Orchestrated the annual compensation review cycle for 7,000+ employees across 5 business units, integrating performance metrics and market data to ensure competitive and equitable pay adjustments.

• Designed and implemented a new sales incentive plan that increased sales team productivity by 18% and reduced payout errors by 25% through improved calculation methodologies.

• Managed benefits portfolio worth £20M annually, leading renewal negotiations with providers that secured a 7% cost saving while enhancing employee wellness program offerings.

• Developed and delivered comprehensive training for HR Business Partners and managers on compensation philosophy, pay-for-performance principles, and benefits administration.

Compensation and Benefits Specialist, Finchley & Co. Consulting -- London, UK

Sept 2016 – Feb 2020

• Conducted comprehensive salary benchmarking studies for over 150 unique roles, utilizing various market data sources to inform salary structure adjustments and new role pricing.

• Administered company-wide benefits programs, including private medical insurance, pension schemes, and life assurance, ensuring compliance with UK regulations.

• Supported the implementation of a new HRIS module for compensation management, improving data accuracy and reporting capabilities.

• Analyzed compensation trends and prepared detailed reports for senior leadership, highlighting areas for improvement and potential risks.

HR Analyst (Compensation Focus), Clerkenwell Solutions Ltd. -- London, UK

July 2014 – Aug 2016

• Assisted in the annual salary review process, preparing data for analysis and communicating changes to employees.

• Maintained and updated job descriptions and associated salary grades, ensuring alignment with organizational structure and market value.

• Responded to employee queries regarding compensation, benefits, and HR policies, providing accurate and timely information.

• Generated various HR reports, including headcount, turnover, and diversity metrics, contributing to strategic workforce planning.

Education

London School of Economics and Political Science (LSE), MSc in Human Resources and Organizations -- London, UK

Sept 2013 – June 2014

University of Bristol, BSc (Hons) in Business Management -- Bristol, UK

Sept 2010 – June 2013

Skills

Compensation Strategy & Design: Total Rewards Philosophy, Salary Structure Development, Incentive Plan Design, Executive Compensation, Job Evaluation, Market Pricing, Pay Equity Analysis

Benefits Management: Health & Welfare Programs, Pension Schemes, Life Assurance, Vendor Management, Benefits Administration, Wellness Initiatives, Global Benefits

Data Analysis & Reporting: HR Analytics, Statistical Analysis, Data Visualization, Excel (Advanced), HRIS (Workday, SAP SuccessFactors), Power BI

Compliance & Regulations: GDPR, UK Employment Law, Equal Pay Legislation, Tax Implications of Benefits

Project Management: Program Implementation, Stakeholder Management, Change Management, Process Improvement