Reward Specialist

Reward Specialist

We are recruiting for a Reward Specialist on a 12-month fixed term contract on a hybrid basis, based out Birmingham. Your role will provide a range of advisory, analytical and operational expertise covering all aspects of reward including project management of BAU activity, benefits and pensions administration, remuneration benchmarking, job evaluation, governance forecasting and reporting requirements, and be the main point of contact for all reward related queries.

As a Reward Specialist, you will need to have/be:

Skills:
* Proficient in analysing and presenting complex data tailored to the audience.
* Advanced IT skills, particularly in MS Excel.
* Expertise in Hay Job Evaluation methodology.
* High attention to detail, accuracy, and discretion.
* Strong time management and prioritisation capabilities.
* Skilled in building effective relationships with teams and stakeholders for advisory and technical service delivery.
* Experience in project management and report writing.
Knowledge:
* Degree-level qualification (or equivalent experience) in a relevant field.
* Proficient in pay and organisational design principles and processes.
* Knowledge of HRIS and finance systems.
* Ability to interpret and communicate Hay Job Evaluation outcomes.
* Understanding of planning, meeting deadlines, and integrating reward into wider HR strategies.
Experience:
* Advising on reward matters to HR leaders and line managers.
* Operational experience in a reward team within complex, fast-paced environments.
* Leading annual pay reviews.
* Data analysis using internal and external databases.
* Working with salary survey providers (e.g., Hay Korn Ferry, WTW), including interpretation, pay range analysis, and modelling.
* Managing external supplier relationships, monitoring SLA performance, and resolving issues.

Details:
* Rate: 34, 650 - 56, 235
* Working Hours: Full time Monday - Friday
* Location: Birmingham/Hybrid (2 days per week in the office)
* Duration: 12-month fixed term contract

Role of Reward Specialist:

Reward Deliverables and Projects:
* Deliver annual reward activities (e.g., pay reviews, benefits administration, salary range reviews) through research and analysis.
* Lead specific reward initiatives, supporting HR and business change programmes.
* Advise on reward policies and processes to ensure informed, policy-compliant decisions.
* Develop tools, templates, and guidelines for accurate reward decision-making.
* Manage finance invoice reconciliation and pre-approval for effective financial control.
* Liaise with third-party benefit providers to address employee queries promptly.
* Support benefits projects (e.g., renewals, pension re-enrolment) for timely completion.
* Provide technical payroll support to ensure process accuracy and compliance.

Reward Governance and Benchmarking:
* Analyse and report on executive and senior roles regularly.
* Coordinate remuneration reports with the Head of Reward for committee purposes.
* Monitor industry reward changes and provide insights to the HR team.
* Conduct pay modelling and annual pay range reviews.
* Collaborate with HR data teams for analytics and reporting, ensuring adherence to frameworks.
* Provide internal and external salary benchmarking to maintain parity and consistency.

Job Evaluation and Job Descriptions:
* Manage and support job evaluation projects, including organisational design and routine activities.
* Advise on fair and consistent grading decisions within policy constraints.
* Act as a contact for senior role grading, ensuring alignment on roles' accountabilities and documentation.
* Maintain governance of job evaluation and description procedures, ensuring standards and accuracy.

Benefits of working as a Reward Specialist:

* a competitive pension scheme, with up to 12 per cent employer contributions
* a starting salary that reflects your skills and experience
* a cash allowance in lieu of benefits, which means you can choose which benefits are right for you and your family
* core company funded benefits such as life assurance, income protection and health cash plan
* 25 days annual leave plus public holidays
* access to tax-efficient voluntary benefits scheme & retail, health, leisure, and travel offers
* access to an Employee Assistance Program
* financial and health well-being programmes