Reward Specialist

Reward Specialist role in central Reading with a heavy focus on compensation and pay activities. Effectively embed and deliver efficient reward processes including to annual pay reviews, out of cycle pay increases, annual incentives and average holiday pay. Offers hybrid working - 1-2 days per week in the office.

Client Details

Our client is a leading player in the energy and natural resources industry, providing essential services to millions of customers.

They recognise that people are at the heart of their business. To help them succeed in providing life's essential service, they need a range of skills and capabilities, representative of society throughout our business.

They seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. They understand the importance of appreciating and harnessing the unique skills, experiences, backgrounds, and differences that each individual brings.

Description

Experienced Reward Specialist required to embark on a new, exciting journey with our key client.

This is a pivotal time to join as our client continues to embrace their commitment to deliver on their key objectives.

You will play an integral role to ensure the effective development and delivery of Reward related processes and policy, working closely with key stakeholders in HR, business leaders and our union Partnership.

• Effectively embed and deliver efficient reward processes including, but not limited to annual pay reviews, out of cycle pay increases, annual incentives and average holiday pay.
• Manage the Apprentice and Graduate pay reviews and ensure that the Real Living Wage is implemented in January each year.
• Highlight the cost impact and any pay relativity issues associated with changes in these pay reviews.
• Ensure processes are automated and streamlined and look for opportunities to continuously improve for managers and the People Services team.
• Ensure reward communications are timely and easy to understand and coach HR colleagues and managers to help develop their reward knowledge.
• Build strong relationships with Heads of HR, HR Consultants, People Services and the Resourcing team to enable a proactive approach to reward.
• Keep abreast of trends and thinking in reward, bringing innovative ideas to challenge the status-quo within our current practices.

Our client offers hybrid working, typically in the office in central Reading once or twice per week - Wednesday is a key day in the office.

Profile

A successful Reward Specialist should have/offer:

Essential:

• Hands-on experience of running annual pay review processes.
• Good breadth of compensation and benefits experience gained in an operational business.
• Experience improving and developing reward processes.
• Strong analytical skills, high numeracy and curiosity to find and interrogate data using Excel knowledge.
• Good communication skills to advise and influence HR colleagues.
• Attention to detail and strong planning and organisational skills to deliver processes on time, accurately and which enhance the employee experience.
• Must be able to work from the office in central Reading 1-2 times per week.

Desirable:

• SAP HR knowledge.
• PowerBI knowledge.
• Working with trade unions.
• Post-secondary qualification in an analytical subject e.g. Statistics, Maths.
• Professional recognition i.e. CIPD.

Job Offer

This Reward Specialist role offers the following:

• A competitive base salary range of £50,000 - £55,000 per year.
• Annual Leave entitlement of 26 days holiday per year (plus Bank Holiday) - increasing to 30 days with the length of service.
• Contributory pension - Defined Contribution - employer double-matches to a maximum of 6% employee and 12% employer.
• Personal Medical Assessments - open to all once a year.
• Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.