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Reward and Benefit Specialist

The Curve Group
Posted 11 days ago, valid for 6 days
Location

Solihull, West Midlands B90 4SF

Salary

£28,000 - £33,600 per annum

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Contract type

Full Time

Retirement Plan
Life Insurance

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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  • The Reward & Benefits Specialist position at BNP Paribas Personal Finance in Solihull is a full-time, permanent role that requires proven experience in a Reward & Benefits role.
  • Candidates should possess knowledge of compensation and benefits, along with financial services experience, to effectively manage and optimize the company's rewards program.
  • This role involves leading the annual Compensation Review Process, conducting salary benchmarking, and managing incentive schemes to attract and retain top talent.
  • The position offers a competitive salary, along with benefits such as a contributory pension scheme, health cash plan, and access to a flexible benefits platform.
  • Successful applicants will have the opportunity to collaborate with various departments and make a significant impact on the company's overall success.

Job Title: Reward & Benefits Specialist Location: Solihull, HybridHours: Full time, Permanent______________________________________________ A bit about us: At BNP Paribas Personal Finance, we're part of a global bank and are proud to be a Top Employer UK, providing a great place to work in an open and inclusive environment. We're here to provide simple and straightforward consumer finance solutions and we work with many well-known retailers and brands to help their customers finance their purchases in a responsible way. We care about making a positive impact for our colleagues, customers, partners, and the wider community. That's why we live by our values of we're positive, we're brave, and we own it.

The Role:Are you ready to make a significant impact by optimising our Rewards offering? As our Reward and Benefits Specialist, you will lead and manage all aspects of our Reward and Benefits programme. There is lots to get involved in, including reviewing our Benefits package and driving changes where you see opportunity. You'll act as our benchmarking specialist, using WTW (Willis Towers Watson) and You will be heavily involved in the annual pay review process. There is also opportunity to shape bonus schemes across the business, and work with the wider talent team around recognition, retention, and long-term incentive plans, to attract and retain top talent.

This role offers the autonomy to drive key projects, collaborate with various departments, including Group Head office in Paris, and manage incentive schemes. There is opportunity to make impact, delivery best practice and play a pivotal role in our overall success. Join us and help create a rewarding workplace.

Key Responsibilities: * Ensure compliance with PF Group and local compensation policies, maintaining governance and control.* Lead the annual Compensation Review Process (CRP), managing PFUK's salary and bonus budgets.* Oversee compensation and benefits processes, including expatriate benefits, HMRC, and tax matters.* Conduct salary benchmarking to support talent attraction and retention, ensuring pay equity.* Manage PFUK incentive schemes, ensuring they drive desired behaviours and adhere to governance frameworks.* Participate in BNP Paribas UK benefits meetings to stay informed about new initiatives.* Lead reward and benefit projects, including annual SIP and Bonus waiver processes.* Deliver the annual UK flexible benefits programme, Spectrum, with thorough testing and effective communication.* Oversee data provision for the annual P11D process and manage the company car fleet and ARVAL Ignition Scheme.* Produce accurate reports, ensuring data integrity and quality, and support HR team members in accessing data.

Skills & Attributes: * Proven experience in a Reward & Benefits role (Must)* Experience of job levelling / job evaluation tools (Must)* Compensation & Benefits knowledge.* Financial Services Experience.* Industry related qualification. * Strong attention to detail and communications skills.* Ability to understand and support change. * Strong relationship building skills.

Could this be you? BNP Paribas Personal Finance believe it's a positive attitude and passion to make things happen that matters most.

What's in it for you? As well as working for a Top Employer UK 2024 and being part of a team that changes customer's lives, there are some excellent benefits too. We offer a competitive salary, a contributory pension scheme, and our Health Cash plan scheme. You also receive access to our multi-award-winning flexible benefits platform designed to provide you with the best range of benefits available to suit your lifestyle including life insurance and private medical insurance. There are also perks which give you fantastic discounts off eating out, cinema tickets, days out and much more. Learn more about what it means to be part of the BNP Paribas Personal Finance team here: playlist?list=PLQUzrPfMI6WNvADKdIPqN9PpY9vjjswdQ or follow this link to learn more about careers at BNP Paribas Personal Finance: https://careers/.

Equal Opportunities DisclaimerBNP Paribas Personal Finance promotes equality of opportunity and is committed to ensure that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.

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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.