Rewards & Recognition Specialist

Rewards & Recognition Specialist - Initial 9-month FTC - London Position: Rewards & Recognition Specialist Location: London Contract: Initial 9-month FTC (potential to go permanent) Hours: Full time Salary/Benefits: £335/day PAYE or £442/day Umbrella (Inside IR-35)

Role Details – Rewards & Recognition Specialist
We are currently looking for a Rewards & Recognition Specialist to join a renowned organisation based in London on a 9-month FTC (potential to be made permanent).

The Rewards & Recognition Specialist will be working on a high-profile reward strategy project. They will set agreed pay ranges on different role families, matching pay across the market and reviewing performance frameworks and salary progression systems.

• Candidates must have experience of remuneration and benchmarking with Wilis Town Watson or Hay scores, as well as experience in job levelling and job architecture.

Key responsibilities of the Rewards & Recognition Specialist

• Support the design and development of the reward strategy and principles, providing clear guidance for Business Partnering to operationalise and utilise in discussions and decision making
• Ensure there is relevant stakeholder involvement and engagement to feed into the reward strategy and enable the building of capability in Business Partnering
• Develop and maintain base pay structures that ensure market alignment and support organisational structure and design
• Analyse information from external benchmarking exercises and compare information against internal practices and as subject matter expert, make recommendations where required
• Evaluate and design reward plans for compensation, benefits and recognition for the organisation to ensure that it delivers the intended outcomes to the business and employees
• Ensure the successful delivery of key reward, compensation, benefits and recognition processes aligned to reward plans, ensuring collaboration with HR Operations and Business Partnering to understand requirements and effectively meet the needs of the business
• Provide robust reward data and provide guidance and advice on impacts and risks to support union and/or staff negotiations
• Keep up to date with legislative changes that impact reward in order to be able to highlight risks of current practices and areas for improvement in order to ensure packages are fit for purpose
• Ensure that reward and recognition plans and packages are non discriminatory and actively encourage inclusivity in the workforce e.g. equal pay

Key skills required of the Rewards & Recognition Specialist

• Ability to develop reward programmes, packaging elements to attract, motivate and retain individuals and groups
• Understands the approaches to benchmarking factors determining reward
• Understands methods of strategic evaluation and assessment of reward practice and how to shape them
• Ability to analyse and interpret data from a variety of sources
• Experience of remuneration and benchmarking with Wilis Town Watson or Hay scores
• Experience in job levelling and job architecture.

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates