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Posted 20 November 2024
Job ref: 236452IPA

Reward Manager

Job Title: Reward Manager

Location: able to be based anywhere in the UK, flexible working options available with occasional visits to the office (Manchester or London). 

Reports to: Head of HR

Job Summary: We are seeking a knowledgeable and strategic Reward Manager to join our HR team. The ideal candidate will play a crucial role in developing and implementing reward strategies that align with our business goals. This position requires strong collaboration with Talent Acquisition, Finance, and other key stakeholders to ensure our reward offerings are competitive, equitable, and aligned with industry standards.

Key Responsibilities:

  • Reward Strategy Development: Design and implement reward programs that attract, retain, and motivate talent, ensuring alignment with organisational objectives and values.

  • Market Analysis & Benchmarking: Conduct regular market analysis to benchmark compensation packages, including base salary, bonuses, and benefits, to ensure competitiveness within the industry.

  • Salary Grading & Job Evaluation: Develop and maintain a comprehensive salary grading structure and job evaluation process, ensuring consistency and fairness in pay practices across the organisation.

  • Stakeholder Collaboration: Build and maintain strong relationships with key stakeholders in Talent Acquisition and Finance, ensuring alignment in recruitment strategies, budgeting, and compensation planning.

  • Reporting & Analytics: Provide insights and recommendations based on data analysis to support decision-making related to compensation and rewards.

  • Policy Development: Contribute to the development and maintenance of reward policies and procedures, ensuring compliance with legal regulations and best practices.

  • Communication & Training: Support the implementation of reward programs through effective communication and training to HR colleagues and managers.

  • Continuous Improvement: Stay informed of industry trends and best practices in reward management, continuously seeking opportunities to enhance reward offerings.

Qualifications:

  • Bachelor’s degree in Human Resources, Business Administration, or a related field.
  • Proven experience in a Reward or Compensation role.
  • Strong understanding of market analysis, benchmarking, salary grading, and job evaluation.
  • Excellent analytical skills with the ability to interpret data and provide actionable insights.
  • Strong interpersonal skills with a proven ability to build relationships and influence stakeholders at all levels.
  • Knowledge of relevant employment legislation and best practices in reward management.
  • Proficient in HRIS and compensation management software.

What We Offer:

  • Competitive salary (up to £65,000 PA) and benefits package. Including 27 days annual leave plus bank holidays. Pension contribution. As well as discounts on retailers. 
  • Opportunities for professional development and growth.
  • A supportive and collaborative work environment.

For further information on this role, please reach out and send your CV over to Imogen Parr: imogen.parr@morson.com

Apply now