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You will be required to proactively support the reward team in the delivery of their objectives and goals by researching reward topics, analysing data and proving first line advice and guidance to colleagues/managers and our HR business partners on reward and recognition matters. You will provide analytical support on reward matters and the execution of relevant policies and processes. You will develop policies and practices that support the organisations people strategy, delivering projects that support the wider Reward strategy, analysing pay and benefits both within and outside of the organisation.
Job Responsibility:
Proactively support the reward team in the delivery of their objectives and goals by researching reward topics, analysing data and proving first line advice and guidance to colleagues/managers and our HR business partners on reward and recognition matters
Provide analytical support on reward matters and the execution of relevant policies and processes
Develop policies and practices that support the organisations people strategy, delivering projects that support the wider Reward strategy, analysing pay and benefits both within and outside of the organisation
Analyse internal and external reward data to identify trends, issues and opportunities, providing clear insights to support decision-making
Manage the annual reward cycle, including pay and bonus reviews
Lead all participation in market pay and benefits benchmarking analysis which includes inputting into compensation surveys
Conduct internal and external salary benchmarking for new and existing roles, providing insight on pay positioning against market to inform pay decisions, working closely with HR Business Partners
Produce and analyse data (internal and external) and provide reports to identify trends and issues to drive change and support reward activities
Support the design and maintenance of pay structures, pay ranges and job evaluation frameworks and practices to help further evolve our job architecture framework
Lead and participate in job evaluation panel discussions and assess and evaluate roles in line with the grading methodology
Support equal pay analysis, reward risk assessments and monitoring of gender pay and reward trends
Support other colleagues in the team on colleague recognition
Support other colleagues in the team on colleague benefits
Manage relationships with third party reward providers
Support the team in clear reward communications to improve employee understanding of pay and benefits
Act as reward subject matter expert to HR Business Partners and managers
Identify opportunities to improve reward processes, systems and governance
Support implementation and ongoing use of HR systems, including SAP SuccessFactors compensation
Requirements:
CIPD qualified or equivalent degree qualification
Excellent MS excel skills
Excellent analytical and numerical skills
Experience of producing and interpreting complex people data, and the ability to make recommendations
Excellent knowledge of reward policies and processes
Good knowledge of HR systems with the ability to produce accurate reporting
Good knowledge of job evaluation methodology
Ability to work collaboratively with Senior Stakeholders and other HR teams
Ability to have challenging and difficult conversations in a constructive and sensitive manner
A can do attitude and the desire to make things better
Nice to have:
Project Management experience
What we offer:
Annual incentive related bonus (£1000 maximum bonus opportunity for the performance year)
Attractive pension scheme (up to 12% company contribution)
Development opportunities in line with the Reward Specialist progression plan
25 days annual leave plus bank holidays – plus an extra wellness day
Life assurance cover of 4 times pensionable salary
A great benefits package – choose from health cash plan scheme, critical illness insurance, dental insurance, life assurance flex and partner cover
Retail savings scheme
Online GP service, cycle to work scheme, gym membership discounts and many more