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Reward Specialist

Reed
Posted 3 days ago, valid for a month
Location

Cobham, Surrey KT113QJ, England

Salary

£24,000 - £28,800 per annum

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Contract type

Full Time

Employee Assistance
Employee Discounts

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • Reed HR is recruiting for a Reward Specialist for a full-time, permanent position with a hybrid work model of 2 days in the office and 3 days from home.
  • The role involves leading the Reward strategy and programs for the organization, with responsibilities including managing annual salary reviews and developing a reward strategy to attract and retain talent.
  • Candidates should have experience in a Reward specialism or a strong understanding of reward processes in an HR generalist role.
  • The position offers a competitive salary, although the specific amount is not mentioned in the job description.
  • Benefits include training and development opportunities, employee assistance programs, and various recognition and incentive schemes.

Reed HR are currently recruiting for a Reward Specialist to join our client on a full time, permanent basis.

This is a hybrid role, 2 days in the office, 3 days working from home. 

My client is currently in the process of purchasing a new office, either to be based in Leatherhead or Reigate in Surrey. 

Job purpose:

The Reward Specialist will work in close collaboration with the wider People Team and take a hands-on approach in leading our clients Reward strategy and programmes for all team members of the organisation.

Key deliverables:

  • Reward matrix
  • Benchmarking data
  • Annual pay review
  • Delivery of the Total Reward Strategy, including pay, benefits and wellbeing
  • Pay gap reporting

Responsibilities:

  • Provide advice to the business on salary, benefits and wellbeing, in line with statutory requirements as well as philosophy and guideline
  • Work with the Head of HR Services to create and deliver the Total Reward Strategy
  • Developing a reward strategy that attract and retain talent, recommending and business casing proposals and new initiatives
  • Create a maintain reward matrix and conduct a pragmatic job slotting based on bands.
  • Input and model the reward elements of our clients rewarding career adventures framework
  • Manage the relationships with external reward providers and partners and ensure benefits and wellbeing renewals are dealt with effectively and efficiently within the required timescales.
  • Where applicable, source new suitable external partners to improve benefits and wellbeing 
  • Manage annual salary reviews, and ad hoc analysis based on market and sector specific benchmarking to ensure competitiveness
  • Manage Short Term Incentive programs and plans
  • Work with the recruitment team to monitor and collate relevant candidate data in regard to salary levels, expectations and arising trends to support internal vs external benchmarking activity
  • Monitor marketplace competitiveness and external supplier performance on all benefit or wellbeing related programs 
  • Work with the People Engagement Coordinator to promote and build communications that increase the utilization of new and existing benefits 
  • Work with the People Engagement Coordinator on recognition programmes/events and long service awards
  • Oversee the accurate and timely co-ordination of core HR reward processes e.g. gender pay gap and pay review

Experience and Knowledge:

  • Experience within a Reward specialism at a similar level or a strong understanding from working alongside reward processes in an HR generalist role is essential.

Benefits:

  • Training and development including on-the-job learning, dedicated training, and a structured career pathway 
  • Employee assistance programme
  • Recognition: Team events, social activities, and recognition schemes 
  • Employee discount schemes at a range of retailers and services 
  • Optional pay advances 
  • Team member incentive schemes, such as Employee of the Month, Refer a Friend etc

If you are interested and require the full job description, please apply now.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.