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Rewards Manager

M4 Recruitment - Hemel & Dunstable
Posted a day ago, valid for a month
Location

Milton Keynes, Buckinghamshire MK1, England

Salary

£70,000 per annum

Contract type

Full Time

Retirement Plan
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Reward Manager Role

We are partnering with our client, a leading company committed to creating a great workplace that attracts, develops, and retains top talent. Due to continued growth, our client is looking for an experienced and strategic Reward Manager to lead their compensation and benefits strategy. This is an exciting opportunity to influence the companys reward framework across the UK and contribute to the company's long-term success.

As Reward Manager, you will play a key role in shaping and executing the companys reward, compensation, and benefits strategies. You will collaborate with senior leadership, the people team, and operational colleagues to create a comprehensive and equitable rewards approach, focusing on employee engagement, retention, and performance.

Key Responsibilities:
  • Partner with senior leadership to design and implement impactful compensation and benefits strategies that align with business objectives.
  • Lead job benchmarking and market reviews to ensure competitive compensation.
  • Oversee the design and management of a colleague benefits package, including health and wellbeing programs, salary sacrifice schemes, and more.
  • Develop KPIs and metrics to assess the effectiveness of reward initiatives and provide data-driven insights.
  • Ensure compliance with relevant compensation and benefits laws, regulations, and internal policies.
  • Manage key reward initiatives, including annual performance calibrations, incentive cycles, and recognition programs.
  • Develop and manage job levels, role grading, and competency frameworks.
  • Drive the design and execution of strategic change initiatives related to organizational development.
  • Work closely with the communications team to ensure clear messaging of reward and recognition programs across the organization.
Experience and Knowledge:

Essential:

  • Proven experience in reward management within large, complex, and unionized environments.
  • Demonstrated ability to design and implement reward strategies that support business performance and retention.
  • Expertise in compensation principles, job evaluation, benchmarking, and benefits design.
  • Strong analytical skills with the ability to turn data into actionable insights.
  • Excellent communication and business partnering skills, including experience engaging with senior leadership.
  • Sound understanding of UK employment law, salary sacrifice, and pension scheme requirements.

Desirable:

  • CIPD or equivalent qualification in Strategic HR or Reward Management.
  • Experience leading and managing a reward team and large-scale reward projects.
Key Attributes:
  • Strong problem-solving and creative thinking abilities.
  • Ability to influence and engage stakeholders at all levels.
  • Project management skills with the ability to deliver complex initiatives on time and within budget.
  • Ability to work independently and proactively in a dynamic environment.

Our client is committed to upholding data protection and information security standards, ensuring all employees adhere to company policies and procedures. The selected candidate will be subject to clearance through the Disclosure and Barring Service and a County Court Judgment check.

If you are passionate about reward strategy and want to play a key role in driving employee engagement and business success, we encourage you to apply for this exciting opportunity.

For further details and to apply, please contact M4 Specialist - South East Hub on 01442 264902 or apply online.

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