* Permanent Role
* Growth opportunity for a Reward Specialist
About Our Client
Our client is a well-established multinational retailer with over stores both across the UK and globally. Renowned for its high-quality customer service, this company is a key player in the retail industry, employing thousands of staff and consistently achieving significant annual turnover.
Job Description
Reward frameworks and governance
* Support with the governance and ongoing development of the reward structure and framework
* Provide support to the People team with the levelling and benchmarking of roles, ensuring alignment with the reward framework
Benchmarking
* Annual participation in industry salary and benefits surveys - key contact for survey providers, completing surveys and ensuring subsequent access to market data
* Conduct job evaluations and salary benchmarking exercises, ensuring overall remuneration packages remain competitive
Cyclical reward activities
* Pay Reviews - key role in the planning and implementation of the annual pay reviews across the UK for both stores and support centres.
* Bonus - ownership of bonus spreadsheets and calculations and support with cascading bonus plans, reporting and communications
Reward projects
* Support with the maintenance and delivery of recognition policy and processes
* Benefits reviews and subsequent implementation of changes, new benefits, processes and systems
Reward policies and processes
* Create, update and own the content of all reward and benefits policies
* Support International People team in international reward related activity as required
Stakeholder management
* Internal - people partners, supporting on reward queries and benchmarking
* External- Builds strong relationships with suppliers so the business has a positive reputation in the wider HR and compensation and benefits marketplace
The Successful Applicant
* Previous experience delivering reward initiatives in a retail or similar environment desirable
* Prior experience of designing and implementing incentive and benefits schemes up to senior management level
* Proven experience and success of implementing and socialising new grading frameworks would be advantageous
* Advanced analytical skills with a strong passion for data. Ability to interpret data and present findings in a simple way to support colleagues' understandings and aid decision making
* Excellent attention to detail
* Excellent written and verbal communication skills, with the ability to influence and collaborate effectively across all levels within the organisation
* Knowledge of external developments and emerging best practice in compensation and benefits
What's on Offer
* An estimated annual salary of £63,000 to £70,000, plus benefits + bonus
* A generous holiday allowance
* A positive and inclusive company culture
* The opportunity to work with a leading retail company
* Hybrid working 3 days in office in Central London
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