Rewards Manager

Location Feltham
Job Type Permanent
Salary Plus Benefits
Reference RM27/07_1658941215

Rewards Manager

Permanent

Hybrid (Office 1-2 days p/w)

Location: Feltham

Salary £50-£65k plus 4k travel allowance

Band C Generous benefits package

The Overview

The Reward Manager leads the delivery of market aligned, commercially focused reward solutions. The role will act as a key contributor to the implementation of the overall Reward Strategy.

The role will be primarily responsible for the following:

  • The enhancement, management, and execution of large-scale cyclical reward activities
  • Providing research and analysis to underpin the continuous improvement in the provision of reward activity across the business
  • Act as the Reward Lead with primary responsibility for Compensation and Benefits across the organisation
  • Influence through the provision of reward insight and expertise ensuring consistency and governance, whilst business partnering across the people team (Business Support Centre, Employee Relations, Organisational Effectiveness, Talent and Performance, Resourcing and People Business Partnering), as well as finance and internal communication teams
  • A subject matter expert in the specialist area of compensation, benefits and recognition, and acts as a point of contact for all Reward matters

This role will work with, support development as well as implement Reward approaches that will impact all colleagues. The role will be responsible for building internal and external networks and participating in industry related forums.

Principle Accountabilities

Responsible for managing all companywide cyclical reward programmes; working seamlessly with BSC and other People teams on implementation and delivery

Responsible for the management of the Broad banding framework, including salary ranges to ensure that they support organisational design and business requirements

Operate as the Reward central point of contact for the organisations People Team colleagues

Develop, design and implement the Reward communication and education plan in line with the Heathrow reward calendar. Identify ways to promote knowledge and understanding of reward related topics and provide input and direction to all reward educational tools

Conduct detailed analysis and modelling of data on reward related topics, design data / information dashboards as and when required

Examples of specific responsibilities include:

Lead the ASR / Pay Deal cycles, Bonus and Long-Term Incentive Plans launch / pay-out processes

  • Provide guidance to OneHR and the People Team on reward initiatives including providing support and direction for the cyclical programmes
  • Accountable for Reward related TUPE and M&A activity
  • Prepare papers and presentations to support key reward initiatives, decisions
  • Reward governance
  • Management and reconciliation of Reward spend and budgets
  • Lead the delivery of benefit renewals
  • Management of the recognition programme
  • Lead reward projects as required, end-to-end including change initiatives
  • Allocate tasks across the Reward advisors, be a coach and mentor to them and their own development
  • Build internal and external networks to provide thought leadership, informed by market awareness, external benchmarking and legislation on all aspects of reward
  • Closely manage the relationships and activities with external providers including regular contract reviews and cost management (eg Willis Towers Watson and benefit providers), to ensure that we have access to appropriate benchmarking data to support our reward framework

Keywords

Reward, Benefits, Recognition, Compensation, Manager, HR, Salary, Bonus, Job Evaluations, Analytics, Cyclical processes

Qualifications

Excellent MS office application knowledge including Excel, PowerPoint and Word

Able to multi-task on numerous topics of varying project lengths and complexities

Experienced in working at a fast pace

Strong project leadership skills with natural focus on collaboration and teamwork

Ability to communicate effectively, influence and enable stakeholders (internal and external) to understand reward and benefits structures, principles, processes, data and reports

Ability to manage multiple priorities

Reward / Benefits Manager experience in an organisation of similar size and complexity

Experience of managing companywide cyclical reward programmes

Knowledge of Oracle, desirable but not essential

Experience of working in a Unionised environment preferable

Experience of Willis Towers Watson Job Evaluation preferable

Capability to conduct detailed and often complex analysis and modelling of data preferable

Guidant Global is acting as an Employment Agency in relation to this vacancy.