Interim Compensation Analyst | 9-month FTC

Interim Compensation Analyst

London | Hybrid, 3 days in the office | 9-month FTC | £50,000-£55,000

Frazer Jones is partnering with a leading global financial services organisation to recruit an Interim Compensation Analyst for a 9-month fixed-term contract.

This is a hands-on analytical role with a strong focus on job pricing, market benchmarking and compensation analysis across an international organisation. You will work closely with the wider Reward team, HR Business Partners and Talent Acquisition to support consistent and well-informed compensation decisions.

Key responsibilities:

• Conduct job pricing for new hires and internal promotions across multiple countries.
• Use salary survey data, particularly McLagan and WTW, to benchmark roles and develop market-informed compensation recommendations.
• Review job matches, career levels, salary ranges and internal pay alignment.
• Partner with HR Business Partners, Talent Acquisition and hiring managers to understand role scope and identify appropriate market benchmarks.
• Support gender pay gap reporting and EU pay transparency initiatives, including data preparation, validation and analysis.
• Maintain global compensation data, salary ranges, survey benchmarks and job matching information.
• Support annual and off-cycle compensation reviews, including merit and incentive processes.
• Complete salary survey submissions and maintain accurate market pricing data.
• Build and maintain analytical models using Excel, Power BI and other analytical tools.
• Use automation and AI-enabled tools to improve compensation analysis, reporting and data validation.
• Provide additional compensation analysis to support mobility, retention and other pay-related decisions.

Experience Required:

We are looking for an experienced Reward or Compensation Analyst with:

• Strong hands-on experience in job pricing and market benchmarking.
• Good working knowledge and practical experience of McLagan and/or WTW salary surveys.
• Experience of job matching, salary benchmarking, career-level analysis and pay range analysis.
• Previous experience within Reward, Compensation, People Analytics or another highly analytical HR environment.
• Advanced Excel skills and confidence working with large and complex datasets.
• Experience with Power BI or similar analytical and reporting tools would be advantageous.
• Working knowledge of merit and incentive processes.
• Strong attention to detail and confidence working with sensitive compensation and workforce data.
• Excellent communication skills, with the ability to explain compensation analysis clearly to HR and business stakeholders.
• Financial services experience would be beneficial.

If you are an experienced Reward professional with strong job pricing and benchmarking experience and are interested in finding out more about this opportunity, we would love to hear from you. Please apply directly or reach out to [email protected] with any questions.

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.