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Senior Compensation Analyst

LondonRemoteFull-time

AI Summary

Supports the Firm's compensation programs for business service employees and fee earners, managing salary surveys, audit and reconciliation, and producing compensation and bonus letters.

About this role

Overview

Mayer Brown is an international law firm positioned to represent the world’s major corporations, funds, and financial institutions in their most important and complex transactions and disputes. We are recognized by our clients as strategic partners with deep commercial instincts and a commitment to creatively anticipating their needs and delivering excellence in everything we do.

We are a collegial and collaborative firm where highly motivated individuals with an unwavering commitment to excellence receive the opportunity, support, and development they need to grow, thrive, and realise their greatest potential all while supporting the Firm’s client service principles of excellence, strategic partnership, commercial instinct, integrated strengths, innovation, and collaboration across our international firm.

If you enjoy working with team members whose defining characteristics are exceptional client service, initiative, professionalism, responsiveness, and adaptability, you may be the person we are seeking to join our HR department in our London office as a Senior Analyst: Compensation.

The Role:

The Senior Compensation Analyst will support with the day-to-day activities and administration related to the Firm’s compensation programs for business service employees and fee earners.

In addition, this role will support the global compensation team with global compensation initiatives and projects.

Hours:

Standard hours are 9:30am to 5:30pm with flexibility in accordance with the needs of the business.

Our current working from home policy allows for two days working from home, subject to business need. This policy is subject to change and does not form part of contractual terms.

Responsibilities

  • Manage the Firm's participation in annual salary surveys, including the preparation, validation and submission of all required data elements, and coordinate with regional offices to ensure consistency and accuracy of submissions
  • Lead the audit and reconciliation processes between Compensation, HRIS and Payroll transactions, identifying discrepancies and implementing corrective actions to ensure ongoing data integrity
  • Lead the preparation and production of compensation letters and bonus letters for the business groups, ensuring accuracy, timeliness and adherence to the Firm's standards and templates
  • Independently liaise with Global HRIS to coordinate the uploading of compensation and bonus letter data into PeopleSoft, verifying successful integration and resolving any discrepancies.
  • Proficient in market data benchmarking and analysis for existing and new positions using a range of compensation surveys, providing recommendations on competitive positioning and pay adjustments where appropriate
  • Support in the development of and maintaining templates for salary and bonus review, administrative procedures, workflows and governance standards for compensation practices and processes, identifying opportunities for process improvement
  • Support the global compensation team in preparing and auditing data sheets, along with report production across the internal systems as required
  • Support liaising between the global compensation team and other departments across the Firm, proactively identifying and addressing gaps to ensure consistency, compliance and best practice in processes and procedures
  • Contribute to compensation projects and initiatives, and perform other duties as assigned or required to meet Firm goals and objectives

The Firm may modify and amend this job description at any time at its sole discretion. Nothing herein creates a contract of employment.

Qualifications, Experience and Personal Attributes

  • Educated to degree level or equivalent
  • Minimum 3 years of compensation experience, preferably in a partnership, professional or financial services firm
  • Proficiency in Microsoft Office products, required
  • Advanced level of Excel including pivot tables, vlookups and formulas, required
  • Proficiency working with survey databases, such as WTW, Lexology or Mercer.

Experience, skills and personal attributes:

  • Strong analytical skills in order to interpret and communicate data gathered
  • Maintains confidentiality and exercises discretion
  • Strong written and verbal communication skills, able to communicate effectively and in a professional manner at all levels of the Firm and outside vendors
  • Ability to work in a diverse team environment and effectively support the demanding needs of the Firm
  • Ability to work under pressure, meet deadlines with shifting priorities
  • Must be a self-starter with a high level of initiative
  • Strong customer service skills, able to anticipate needs and exercise independent judgment
  • Strong attention to detail, organizational skills and the ability to handle multiple projects
  • Exercises solid strategic thinking and problem-solving skills

At Mayer Brown, we are committed to creating an inclusive work environment that offers our people the opportunity and support they need to succeed.

Our culture promotes mutual respect, acceptance, cooperation and productivity among people from all backgrounds and values different perspectives and ideas.

One of our core values at Mayer Brown is to promote inclusion at all levels within the business which is actively supported by our Employee Resource Groups - LGBTQIA+, Fusion (Race & Ethnicity), Multi-faith, Women, Enable (Disability), Social Inclusion and Opportunities Network and Work and Me (Family).

We are happy to discuss any reasonable adjustments that individuals may require throughout the recruitment process and once they have joined the Firm.

Skills

Audit And ReconciliationBonus LettersCompensation LettersCompensation SurveysData BenchmarkingData IntegrityExcelGovernance StandardsHRISLexologyMercerMicrosoft OfficePayrollPeopleSoftPivot TablesProcess ImprovementReport ProductionSalary SurveysVlookupsWTW

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