Compensation and Benefits Specialist

We are looking for an experienced Compensation and Benefits Specialist to join our hybrid team in London. This is a 1 year fixed term contract covering maternity leave.

As a Compensation and Benefits specialist, you will be responsible for overseeing, managing and administering our employees’ rewards, perks and benefits for UK and Ireland.

You will influence strategic decisions that shape how benefits are managed and delivered. The challenge is to keep every aspect compliant while making sure the company’s approach stays cost effective and competitive.

Responsibilities

• Own and shape benefit offerings within the UK and Ireland to ensure legislative compliance and market alignment
• Develop and manage cost effective benefits programmes that support business goals and organisational strategy
• Collaborate with internal teams on day-to-day benefit management
• Collaborate with external payroll vendor and provide day-to-day payroll support
• Create consistent benefits guidelines that match organisational culture
• Conduct benefits market research to define benchmarks
• Apply effective communication strategies to promote benefits programmes
• Assess employee needs by conducting organisational surveys
• Keep up to date with new trends and best practices in benefits management
• Ensure benefits practices comply with current laws and regulations
• Conduct periodic audits, prepare and present reports on benefits

Requirements

• Previous working experience as a compensation and benefits specialist
• Prior experience in HR operations and knowledge of best practices
• Good understanding of the full cycle hiring process
• Familiarity with current employment rules and regulations
• Hands-on experience with HR software
• Hands-on experience with quantitative and qualitative research
• Strong interpersonal and communication skills
• BA in human resources, business administration or a similar relevant field

We offer

• EPAM Employee Stock Purchase Plan (ESPP)
• Protection benefits including life assurance, income protection and critical illness cover
• Private medical insurance and dental care
• Employee Assistance Program
• Competitive group pension plan
• Cyclescheme, Techscheme and season ticket loans
• Various perks such as free Wednesday lunch in-office, on-site massages and regular social events
• Learning and development opportunities including in-house training and coaching, professional certifications, and courses
• If otherwise eligible, participation in the discretionary annual bonus program
• If otherwise eligible and hired into a qualifying level, participation in the discretionary Long-Term Incentive (LTI) Program

*All benefits and perks are subject to certain eligibility requirements

Hybrid in The United Kingdom: London