Reward Advisor

Description

This role will contribute and support the continuously developing reward framework and support the management of compensation or benefits activities aligned to People and Business objectives.

Support the team in providing expert reward advice, guidance, and education to the People Team, whilst working closely with the People Services, Employee Relations, Organisational Effectiveness, Talent and Performance, Resourcing and People Business Partnering teams on compensation or benefits related matters.

Principal Accountabilities

Support the implementation of multiple reward initiatives, cyclical reward programmes (compensation or benefits) and projects.Support the delivery of compensation or benefits projects end-to-end.Support the delivery of reward change initiatives.Participate in the development and implementation of the overall reward strategy.Through internal and external networking look to continually improve Reward policies, procedures and practices building on best practice.Follow processes along with identifying improvements.Review and ensure reward governance and reward compliance across the business.Data analysis to support reward decisions and recommendations.Manage and deal with colleague query escalations.Dealing with stakeholders, with a high level of service in a timely manner.Working with the team to identify and resolve issues on all reward systems.

COMPENSATION Support the annual compensation processes:Annual Salary ReviewsPay DealsAnnual IncrementsOut of Cycle Salary ReviewVariables pay launches and pay-out (including Annual Bonus Plans, and Long-Term Incentive Plans including Share in Success Grant and Saver plans)Salary Surveys.Ensure consistency with our job framework and design using Willis Towers Watson for job evaluations and benchmarking along with any other market tool.Compensation data analysis and presentation as and when required.Manage the day-to-day operational requirements of multiple compensation plans.Curiosity to resolve complex queries in a timely manner.Collaborate with the People Insights team to deliver the annual pay reporting processes (Gender Pay Gap / Ethnicity Pay Gap / CEO Pay Ratio / Equal Pay Audit).Data production for monthly / quarterly / annual reporting (including RemCo).

BENEFITS & TOTAL REWARD Support the annual Benefit renewals processes for all benefit across multiple legal entitiesManage the day-to-day operational requirements of multiple benefits plans across multiple legal entitiesBenefits data analysis, producing data and information dashboards as and when required.Draft and manage communications relating to benefit renewals and updatesColleague engagement with benefitsEnsure The HUB and benefit documentation is correct and up to dateManage and deal with provider and internal stakeholder queriesSpend administration for all benefitsClaim management for our risk benefitsManage sensitive situationsBuild strong and robust benefit processesTrain, develop and upskill our Business Services colleague on all our benefit processes for them to manage going forwardCarbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.

Ad ID: 5417496872