Reward Specialist - Reed : Job Details

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.