Senior Reward Advisor - JSS Search Limited : Job Details

Senior Reward Advisor

JSS Search Limited

Job Location : Manchester, UK

Posted on : 20/11/2024 - Valid Till : 01/01/2025

Job Description :

Job Title: Senior Reward Advisor

Location: Manchester

Reports to: Head of Reward

Type: Full-Time, Permanent (Hybrid Working)

About the Role

Key Responsibilities

  • Reward Strategy & Planning
    • Collaborate with the Head of Reward to design and execute a competitive reward strategy aligned with business objectives.
    • Lead market research and benchmarking exercises to ensure our compensation offerings are competitive in the market.
    • Evaluate and develop reward schemes, including base pay, variable pay, and long-term incentives.
  • Compensation & Benefits
    • Conduct regular salary reviews and advise on salary adjustments in line with market data, organizational performance, and business needs.
    • Oversee annual salary review and bonus processes, ensuring accuracy, equity, and alignment with policy.
    • Manage and refine the company's benefits programs, ensuring they align with employee needs and the overall reward strategy.
  • Executive Compensation & Incentives
    • Provide expertise in executive compensation practices, working closely with HR, legal, and finance to design incentive programs.
    • Support the development of long-term incentive plans (LTIPs) for senior leadership, including share plans and performance metrics.
    • Stay informed on market trends and regulatory changes affecting executive pay.
  • Data Analysis & Reporting
    • Analyze compensation data and trends, providing insights to guide decision-making at the senior management level.
    • Prepare reports and present findings to HR, leadership, and board committees as needed.
    • Monitor and ensure compliance with statutory reporting requirements (e.g., Gender Pay Gap reporting, pay ratio disclosures).
  • Reward Policy & Governance
    • Develop and update reward policies and procedures in line with best practices, industry benchmarks, and legal requirements.
    • Ensure all reward programs are designed and administered in compliance with regulatory standards.
    • Act as the primary point of contact for reward-related queries, providing guidance to HR business partners and managers.
  • Employee Engagement & Communication
    • Support internal communication and education initiatives related to reward and recognition programs.
    • Work with internal communications to ensure employees understand reward programs and how they support the company’s values and goals.
    • Collaborate on employee engagement surveys and other tools to evaluate the effectiveness of reward programs.

    If this could be of interest, then please get in touch ASAP.

    Salary : -

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