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Reward and Benefits Manager

Posted 1 day ago by Think Accountancy and Finance

The role

You'll take a broad view of the existing reward and benefits proposition, identifying where there are opportunities to improve:

  • Market competitiveness and colleague value
  • Cost effectiveness and efficiency
  • Benefits and family-friendly provisions
  • Total reward communication
  • Salary structures and banding
  • Performance-related reward and bonus design

What you'll be doing: You'll be responsible for a number of key priorities, including:

  • Reviewing and benchmarking the current benefits proposition and making recommendations for improvement.
  • Reviewing family-friendly benefits and identifying opportunities to strengthen the overall offering.
  • Taking forward existing work around Total Reward Statements.
  • Developing an evidence-based approach to salary banding across a key area of the business.
  • Supporting the design of an individual performance element within the annual bonus framework.
  • Working closely with pensions and wider HR teams to ensure reward propositions are aligned and effectively communicated.
  • Identifying opportunities for savings, efficiencies and improvements across the reward offering.
  • Working with benefit providers and suppliers, including commercial discussions where appropriate.
  • Presenting clear recommendations, options, risks and implementation considerations to senior stakeholders.

About you

We're looking for an experienced Reward professional who can hit the ground running and has operated across a broad reward remit rather than specialising in one area.

  • Senior reward experience within commercially focused organisations.
  • Strong experience across benefits, total reward, salary structures/banding and bonus design.
  • Previous experience undertaking a reward or benefits review and benchmarking proposition against the external market.
  • Strong commercial and analytical capability, with the ability to turn data into clear recommendations.
  • Excellent stakeholder management and influencing skills, with the confidence to operate with senior HR, Finance and business leaders.
  • The ability to simplify complex reward issues and communicate them clearly to different audiences.
  • Experience managing or negotiating with benefit providers and suppliers.
  • Strong systems and data capability
  • The credibility, pace and pragmatism to make an immediate impact in an interim environment.

Why this opportunity?

This is not simply a BAU Benefits and Reward role.

You'll have the opportunity to review, challenge and shape an established reward proposition, working closely with senior stakeholders and influencing a number of important reward priorities across the organisation.

If you're an experienced Reward professional who enjoys getting under the skin of a business, finding opportunities and turning analysis into action, this could be an excellent interim assignment.

Rate:
£65,000/year
Location:
London
IR35 Status:
Not specified
Remote Status:
Not specified
Industry:
HR
Seniority Level:
Senior

Take-Home Pay

£4,375 per month

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