OverviewAs 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] HRLocation: BristolWe can be flexible on this role being full-time (37.5 hpw) or part-time (22.5 – 30 hpw).What you'll be responsible forCompensation Strategy: Develop and implement a competitive compensation strategy aligned with the organisation's business goals and pensation 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 RelationshipsJob Evaluation and Grading: Maintain the WTW job evaluation & grading process with support from HR teamJob 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 pensation Planning: Manage the annual compensation planning process, including merit increases, and bonus pensation 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 pliance and Reporting: Prepare and submit required reportsCompliance and Reporting: Stakeholder ManagementCompliance and Reporting: Support Talent Management Cycle & OutputsData 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 needPrior experience operating at Reward Partner or Manager levelStrong 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 BenefitsHybrid working – 2 days in the office and 3 days working from home25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!Discretionary annual bonusPension scheme – 5% employee, 6% employerFlexible working – we will always consider applications for those who require less than the advertised hoursFlexi-timeHealthcare Cash Plan – claim cashback on a variety of everyday healthcare costsElectric vehicle – salary sacrifice scheme100’s of exclusive retailer discountsProfessional wellbeing, health & fitness app - WrkitEnhanced parental leave, including time off for IVF appointmentsReligious 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 salary25% Car Insurance Discount20% Travel Insurance DiscountCycle to Work SchemeEmployee Referral SchemeCommunity support day #J-18808-Ljbffr
Job Title
Reward Partner