The role is to start ASAP and ideally candidates will be immediate or on a short notice period. The position is hybrid working with 1-2 days in the office per week and the company is in close proximity to the station, for those commuting.

 

Reporting into the People Director, the role will be responsible for all areas of Reward (Compensation & Benefits), providing expert advice and guidance, and lead on the delivery of the annual reward events. Duties and responsibilities will include;

 

-The role will be 80% Reward and 20% HR and work as part of a busy HR team, providing support to c550 employees.

-Working closely with the leadership team and People Services team; lead the design, implement and maintain the reward related policies and procedures to ensure alignment with business strategy.

-Subject matter expert on all compensation and benefits matters and the lead on the delivery of the annual cycle of reward events (such as pay review, bonus, gender pay reporting, benefit renewals etc)

-Design and project manage the delivery of the annual pay review and bonus processes.

-In addition to managing all areas of Reward, support the People Director with HR areas including change management, retention, restructures, O&D, and support on key strategic HR areas.

-Support the People Director in the preparation of executive benefit payments, including drafting the Directors Remuneration Report, commentary on the outcome of the annual pay and bonus review, and providing updates on relevant market data.

-Manage the annual Gender Pay reporting, maintain the career framework, pay benchmarking and use of appropriate market data and creation of relevant policies and procedures.

-Ensure the business participates in relevant pay and benefits surveys to create a rich source of market data for the organisation.

-Ensure all redundancy and severance payments are in line with policies and are compliant with relevant regulations

-Design, deliver and manage an employee benefits package (covering pay, pension, benefits and bonus schemes) which enhances employee value proposition and supports the recruitment and retention of colleagues.

-Deliver expert advice and coach colleagues and line managers on reward related matters.

-Collaborate with the HR and L&D colleagues to support the performance management framework, including providing advice and guidance on remuneration arrangements to support career development, to ensure a fair and consistent approach.

-Continually review the reward offering, analysing and reporting on compensation trends and make recommendations for changes/improvements that are supported by a detailed business case and rationale.

-Lead and manage the relationships with 3rd party suppliers, such as advisers, brokers and benefit providers.

-Responsible for managing people reporting requirements including the production of relevant people MI and analysis

-Involvement in one-off projects within the HR team

-Keep abreast of the latest thinking and legislative/regulatory changes to ensure the business remain compliant and aligned with market and Regulatory practice.

Candidates will need to be CIPD Qualified and have proven senior Reward experience , with exposure to generalist HR. Ideally candidates will have worked within Financial Services, Insurance or Banking and have FSA experience.

 

It is essential that candidates have strong communication skills and the ability to challenge stakeholders, translating complex detail into easily understood language, both orally and in writing.

 

This is an excellent opportunity to join a growing and well-established business and working as part of an established HR team. In return candidates can expect a comprehensive benefits package including 25 days holiday (option to buy an additional 5), pension scheme, life assurance, private medical, season ticket loans and discount on products.

 

The role is an immediate need, so please apply online and a consultant from Cameron James will be in touch ASAP.