Reward Manager

City of London Permanent £63,000 - £70,000 per year View Job Description
We're seeking an experienced and detail-oriented Reward Manager with a passion for the retail industry. The chosen candidate will be responsible for managing and overseeing the company's reward strategies, ensuring they align with the company's goals and objectives.
  • Permanent Role
  • Growth opportunity for a Reward Specialist

About Our Client

Our client is a well-established multinational retailer with over stores both across the UK and globally. Renowned for its high-quality customer service, this company is a key player in the retail industry, employing thousands of staff and consistently achieving significant annual turnover.

Job Description



Reward frameworks and governance

  • Support with the governance and ongoing development of the reward structure and framework
  • Provide support to the People team with the levelling and benchmarking of roles, ensuring alignment with the reward framework



Benchmarking

  • Annual participation in industry salary and benefits surveys - key contact for survey providers, completing surveys and ensuring subsequent access to market data
  • Conduct job evaluations and salary benchmarking exercises, ensuring overall remuneration packages remain competitive



Cyclical reward activities

  • Pay Reviews - key role in the planning and implementation of the annual pay reviews across the UK for both stores and support centres.
  • Bonus - ownership of bonus spreadsheets and calculations and support with cascading bonus plans, reporting and communications



Reward projects

  • Support with the maintenance and delivery of recognition policy and processes
  • Benefits reviews and subsequent implementation of changes, new benefits, processes and systems



Reward policies and processes

  • Create, update and own the content of all reward and benefits policies
  • Support International People team in international reward related activity as required



Stakeholder management

  • Internal - people partners, supporting on reward queries and benchmarking
  • External- Builds strong relationships with suppliers so the business has a positive reputation in the wider HR and compensation and benefits marketplace

The Successful Applicant

  • Previous experience delivering reward initiatives in a retail or similar environment desirable
  • Prior experience of designing and implementing incentive and benefits schemes up to senior management level
  • Proven experience and success of implementing and socialising new grading frameworks would be advantageous
  • Advanced analytical skills with a strong passion for data. Ability to interpret data and present findings in a simple way to support colleagues' understandings and aid decision making
  • Excellent attention to detail
  • Excellent written and verbal communication skills, with the ability to influence and collaborate effectively across all levels within the organisation
  • Knowledge of external developments and emerging best practice in compensation and benefits

What's on Offer

  • An estimated annual salary of £63,000 to £70,000, plus benefits + bonus
  • A generous holiday allowance
  • A positive and inclusive company culture
  • The opportunity to work with a leading retail company
  • Hybrid working 3 days in office in Central London
Contact
Moeko Encabo
Quote job ref
JN-012025-6634574
Phone number
+442072691732

Job summary

Job function
Human Resources
Subsector
Reward
Sector
Retail
Location
City of London
Contract type
Permanent
Consultant name
Moeko Encabo
Consultant phone
+442072691732
Job reference
JN-012025-6634574