Overview
As a Reward Partner, you will play a lead role in shaping and delivering our compensation and benefits strategy for a workforce of 700 employees. You’ll design, develop, and implement innovative reward programs that attract, retain, and motivate top talent, ensuring alignment with our business goals and compliance within a regulated environment.
Department: [SBSS] HR
Location: Bristol
We can be flexible on this role being full-time (37.5 hpw) or part-time (22.5 – 30 hpw).
What you'll be responsible for
* Compensation Strategy: Develop and implement a competitive compensation strategy aligned with the organisation's business goals and objectives.
* Compensation Strategy: Conduct market analyses to ensure the organisation's salary structures remain competitive.
* Benefits Administration: Oversee the design, administration, and communication of employee benefits programs along with any changes, to include pensions, life assurance, health care cash plans and wellness initiatives.
* Benefits Administration: Evaluate and recommend changes to benefits offerings based on market trends and employee needs.
* Supplier Relationships
* Job Evaluation and Grading: Maintain the WTW job evaluation & grading process with support from HR team
* Job Evaluation and Grading: Ensure new roles are appropriately graded and aligned with the organisation's compensation philosophy.
* Job Evaluation and Grading: Work with Talent Acquisition team to evaluate new positions as needed.
* Compensation Planning: Manage the annual compensation planning process, including merit increases, and bonus programs.
* Compensation Planning: Provide guidance to HR and management on compensation-related matters.
* Market Analysis and Benchmarking: Conduct regular benchmarking and market analysis to ensure the competitiveness of the organisation's compensation and benefits programs.
* Market Analysis and Benchmarking: Stay informed about industry trends and best practices.
* Compliance and Reporting: Prepare and submit required reports
* Compliance and Reporting: Stakeholder Management
* Compliance and Reporting: Support Talent Management Cycle & Outputs
* Data Analysis and Metrics: Work with HR Team and HR Analytics to assess the effectiveness of compensation and benefits programs.
* Data Analysis and Metrics: Prepare and present reports on key metrics to senior leadership.
What you'll need
* Prior experience operating at Reward Partner or Manager level
* Strong understanding of compensation methodologies, market pricing, and benefits administration.
* Excellent analytical and quantitative skills.
* Knowledge of relevant employment laws and regulations.
* Exceptional communication and interpersonal skills.
Our Benefits
* Hybrid working – 2 days in the office and 3 days working from home
* 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
* Discretionary annual bonus
* Pension scheme – 5% employee, 6% employer
* Flexible working – we will always consider applications for those who require less than the advertised hours
* Flexi-time
* Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
* Electric vehicle – salary sacrifice scheme
* 100’s of exclusive retailer discounts
* Professional wellbeing, health & fitness app - Wrkit
* Enhanced parental leave, including time off for IVF appointments
* Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
* Life Assurance - 4 times your salary
* 25% Car Insurance Discount
* 20% Travel Insurance Discount
* Cycle to Work Scheme
* Employee Referral Scheme
* Community support day
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