Group Reward Specialist in London - BLUE OCTOPUS RECRUITMENT LTD

Job Overview

Location
London, England
Job Type
Full Time
Salary
TBC
Date Posted
1 month ago

Additional Details

Job ID
98821742
Job Views
9

Job Description

Group Reward Specialist
London Bridge
Up to £80,00
We are looking to recruit a Group Reward Specialist who has extensive knowledge of compensation and reward strategies. This is a senior position and requires a Group Reward Specialist with extensive knowledge of managing staff salaries, conducting role benchmarking, overseeing pay and grading structures, and administering employee benefits. If you have an understanding of company pension schemes and a knack for designing reward packages aligned to an organisations goals thats even better!
Established in 1967 by three businessmen, who wanted to provide great quality homes for those left behind by the housing market. We were and continue to be a social business. Our founders combined a strong social purpose with an entrepreneurial drive and professionalism to make their dreams a reality. Today we own over 45,000 properties that we manage and we are committed to providing all customers with an excellent customer experience. As the Group Reward Specialist you will require that entrepreneurial drive and professional spirit.
Responsibilities
Develop and deliver reward and pay strategies aligned with our strategic objectives and business priorities.
Provide advice to the business on salary and compensation
Develop compensation and rewards strategies that attract and retain talent.
Manage annual salary reviews, based on market and sector specific benchmarking to ensure we are paying market rates
Oversee and periodically review the administration of pensions and other benefits
Participate in and / or lead projects focused on continuous improvement of benefits
Identify pay and benefits issues, provide solutions, and ensure accurate contractual/reward information is delivered consistently.
Lead in the development and delivery of reward and pay strategies.
Manage benefit providers to offer an engaging mix of benefits, positioning us as an employer of choice.
Oversee flexible benefits program including annual flex window projects and benefit communications.
Proactively manage pay, terms, and conditions, including bonus schemes, pay reviews, and salary benchmarking.
Coach and guide team members to implement best practices and ensure they have the necessary skills to deliver business goals.
Effectively manage team performance and budget
Oversee interactions with outsource partners to ensure efficient and high-quality service delivery.
Work closely with HR Business Partners and other HR team members to provide seamless and best practice service.
Essential Skills and Experience
Capacity to develop and implement long-term reward strategies aligned with the organization's goals and objectives.
Understanding of compensation structures, salary benchmarking, bonus schemes, and incentive programs.
Advantageous to have managed staff in current of previous roles, but not a necessary requirement.
Proven Experience as a compensation and benefits manager, or similar role, demonstrating expertise in designing and implementing compensation and benefits strategies.
In-Depth knowledge of compensation practices, market analysis, and regulatory requirements related to employee rewards.
Strong analytical skills and proficiency in using compensation and HRIS systems to analyse data and generate reports.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross functional teams and senior management.
Detail-oriented and highly organized, with the ability to manage multiple projects and deadlines effectively.
Benefits
Great holidays
35 hour working week (9-5)
Agile working
A fantastic pension
Life insurance
Cashback on healthcare
Shopping discounts
Diversity and inclusion are integral to us. We strive to build and nurture a culture where inclusivity is the norm and not an initiative. Many of the greatest ideas and discoveries come from a diverse mix of minds, backgrounds and experiences and were committed to cultivating an inclusive workplace which reflects our customer profile and where everyone is proud to be unique
We are a disability confident employer and we are here to support you with any reasonable adjustments that you need throughout the recruitment process.
We welcome applicants with diverse skills and a desire to progress their career. The advertised salary reflects the prevailing market rate for this position. Candidates without prior experience will be offered the starting salary.
We reserve the right to close this advert as soon as a suitable candidate has been identified.

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