Description
Reporting directly to the Head of Reward, you will be acting as a Reward Consultant with a focus supporting on compensation projects. The ideal candidate will have in-depth knowledge of Willis Towers Watson (WTW) and benchmarking methodologies with experience gained within a Professional Services or Partnership-led organization.
Working in close partnership with the wider Reward team, HR MI, Finance, senior business stakeholders and with HR Business Partners to support the delivery of key compensation projects, annual pay and bonus review, EU pay directive, embedding of job architecture and supporting with the full implementation of the compensation system.
Key Responsibilities
Stakeholder Management:
* Communicate complex information in a clear and concise manner to various stakeholders.
* Provide expert advice and recommendations covering both compensation, benchmarking, job architecture/evaluation, and EU pay transparency projects.
Project Management:
* Lead projects from inception to completion, ensuring all milestones are met.
* Develop project plans, timelines, and deliverables.
* Monitor project progress and report regularly to senior management and key stakeholders.
Data Analysis and Reporting:
* Conduct market research and benchmarking to ensure the company’s job evaluation and architecture align with industry standards.
* Supporting in the preparation of meetings and creation of strategic materials for senior stakeholders.
* Prepare detailed reports and presentations on findings, recommendations, and project outcomes.
* Conduct complex analysis with confidential and sensitive data to support the design of key reward practices that will be presented to senior stakeholders (salary ranges and bonus structures).
EU Pay Transparency:
* Support the firm for the EU pay transparency ensuring in scope locations are fully prepared covering in depth project plans and support with analysis.
* Work with key stakeholders and senior leaders helping embed and communicate our approach.
* Stay abreast of local legislation as this evolves helping educate and inform senior leaders of changes which might impact our overall approach.
Benchmarking & Compensation:
* Support the Head of Reward with both benchmarking and in depth modelling ahead of budgeting prior to our annual review.
* Comfortable manipulating large and complex data using advanced Excel to aid modelling activities.
Job Evaluation:
* Embed the job evaluation framework and support the implementation of this across our Fee Earner population using (WTW) methodology.
* Analyse and assess roles to determine appropriate job levels and compensation structures.
* Analyse and compare job roles within the organization to ensure internal equity and alignment with market standards.
* Develop and maintain job evaluation documentation and ensure these are up-to-date and accurately reflects current roles.
Job Architecture:
* Embed the job architecture framework that supports the organization’s strategic objectives.
* Support with refining job families, levels, and career paths to support employee development and succession planning.
* Ensure consistency and transparency in job titles, descriptions, and requirements across the organization.
* Collaborate with HR and departmental leaders to map out current job structures and identify areas for improvement.
* Ensure job architecture aligns with industry standards and best practices.
Firm wide:
* Understands DAC Beachcroft as an international firm. Works with awareness of this structure to operate as one team/brand.
* Always operates in the best interests of the firm internally and externally.
* Operates in a regulated environment, effectively managing risk and compliance issues including data security.
* Works in partnership with others to manage and mitigate commercial risk.
Skills, Knowledge and Expertise
Key Technical skills and knowledge:
* Proven experience in a similar role, preferably within the Legal Sector/Professional Services or Partnership-led organization.
* Extensive knowledge and practical application of Towers Watson job evaluation methodologies.
* Experience in reward, with good knowledge of job evaluation and job architecture programmes
* Strong project management skills with a record of delivering projects on time and within scope.
* Excellent communication and interpersonal skills, with the ability to build strong relationships with stakeholders at all levels.
* Analytical mindset with the ability to interpret complex data and provide actionable insights.
* High level of proficiency in Microsoft Office Suite, particularly advanced Excel (X,V & H Lookups) including pivot tables and nested formulae along with Word and PowerPoint.
Key Competencies:
* Communication: Ability to convey complex information effectively and persuasively.
* Stakeholder Management: Proven experience in managing and influencing senior stakeholders.
* Analytical Thinking: Strong analytical skills with a focus on accuracy and attention to detail.
* Project Management: Strong organizational skills with the ability to manage multiple tasks and deadlines.
* Collaboration: Ability to work effectively in a team environment and collaborate with cross-functional teams.
We are happy to talk flexible working with our Flex Forward scheme. We would encourage you to talk to us about our approach to flexible working during the hiring process if you would like to explore this further.
Note for Recruitment Agencies
DAC Beachcroft manages all vacancies via our in-house recruitment teams, prioritising direct sourcing and referrals. When external support is required, roles are released to selected agencies on our Preferred Supplier List (PSL).
Speculative CVs sent to any DAC Beachcroft employee without prior instruction from our recruitment teams (LLP and CSG) will not be accepted, and no fees will be payable.
For PSL queries, please contact: recruitment@dacbeachcroft.com or csgrecruitment@dacbeachcroft.com
We are a leading international legal business with over 3,000 colleagues and a diverse range of capabilities. We are market leaders in insurance, health and real estate but with a full-service offering, including growing Financial Services and Tech capabilities. We represent a wide range of clients – from household names to government departments and NHS bodies. We act for nearly all of the top-20 UK and global insurers, we're market leaders in the provision of strategic, commercial and regulatory advice to providers and commissioners in the health sector, and in real estate we advise all of the UK’s top-five housebuilders.
We are a fast-growing international business with offices around the globe. In addition to our 11 UK offices, we also have offices in Bogota, Buenos Aires, Dublin, Lima, Los Angeles, Hong Kong, Madrid, Mexico City, Milan, New York, Paris, Rome, Santiago de Chile, and Singapore plus a representative office in Miami and broad network of affiliations across the globe.
At DAC Beachcroft we are committed to and recognise the importance of equity, diversity and inclusion across the board, including and beyond the protected characteristics. We take decisions based solely on merit. We value, welcome and seek out people with different backgrounds and life experiences, perspectives, beliefs, ways of thinking and identities.