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 Reviews
Pay Deals
Annual Increments
Out of Cycle Salary Review
Variables 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 entities
Manage the day-to-day operational requirements of multiple benefits plans across multiple legal entities
Benefits data analysis, producing data and information dashboards as and when required.
Draft and manage communications relating to benefit renewals and updates
Colleague engagement with benefits
Ensure The HUB and benefit documentation is correct and up to date
Manage and deal with provider and internal stakeholder queries
Spend administration for all benefits
Claim management for our risk benefits
Manage sensitive situations
Build strong and robust benefit processes
Train, 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