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- Tasks: Lead the creation and management of compensation and benefits programs in a dynamic law firm.
- Company: Join an innovative law firm committed to attracting top talent through competitive rewards.
- Benefits: Enjoy hybrid working, a competitive salary up to £85,000, plus bonuses and professional development opportunities.
- Why this job: Be part of a forward-thinking team that values diversity, inclusion, and continuous improvement.
- Qualifications: Experience in reward and benefits, strong project management skills, and a collaborative mindset required.
- Other info: Opportunity to influence strategic decisions and work with senior leadership.
The predicted salary is between 68000 - 102000 £ per year.
Location: London (hybrid)
Sector: Legal
Salary: up to £85,000 + bonus DOE
Position Overview: Catalyst Partners are delighted to be partnering with an innovative Law firm who are seeking a Reward & Benefits Manager to independently oversee the creation, execution, and management of the firm's compensation and benefits programs.
Key Responsibilities:
- Strategy Development: Collaborate with the People team to create and execute a compensation and benefits strategy that aligns with the firm's goals.
- Program Review: Evaluate current benefits offerings and compensation structures, recommending enhancements to maintain competitiveness and attract top talent.
- Expert Consultation: Serve as the primary expert and contact for the People team and firm on all compensation and benefits matters.
- Process Management: Oversee end-to-end processes including annual benefit contract renewals, benefit selection windows, and benchmarking exercises.
- Salary Review Leadership: Lead the firm's salary review process, making recommendations to the Board on bonuses and salary increases, managing benchmarking data, and ensuring effective internal communication.
- Vendor Management: Maintain relationships with third-party providers, including benefits brokers.
- Data Analysis: Analyse compensation and benefits data to provide insights and recommendations for continuous improvement.
- Project Leadership: Lead reward and benefits-related projects and support other firm-wide initiatives requiring your expertise.
- Market Awareness: Stay informed about external market trends and best practices to ensure the firm delivers high-quality services.
- Operational Management: Handle day-to-day enrolment and changes in benefit programs, reconcile invoices, conduct audits for compliance and accuracy, and analyse market trends.
- Payroll Oversight: Provide guidance and advice to the People team on staff payroll matters.
Desired Experience:
- Experience in reward and benefits, preferably within a professional services environment.
- Proven ability to identify opportunities and build relationships internally and externally.
- Strong project management skills and understanding of statutory laws and regulations related to pay and benefits.
- Experience contributing to and operationalising diversity and inclusion strategies across the business.
- Ability to manage individual and team workloads effectively.
- Confidently communicate and build relationships with partners, managers, staff, and clients at all levels.
- Ability to manage multiple stakeholders while maintaining a firm-first approach.
- Commercially aware approach to diversity and inclusion in business.
- High level of personal integrity, initiative, and collegiality.
Reward & Benefits Manager employer: Catalyst Partners
Contact Detail:
Catalyst Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward & Benefits Manager
✨Tip Number 1
Network with professionals in the legal sector, especially those who work in HR or compensation roles. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in reward and benefits management.
✨Tip Number 2
Familiarise yourself with the specific compensation and benefits practices within law firms. Research how top firms structure their packages and what innovative benefits they offer to attract talent, as this knowledge will set you apart during discussions.
✨Tip Number 3
Prepare to discuss your experience with data analysis and project management in detail. Be ready to share examples of how you've successfully led projects or improved processes in previous roles, as these skills are crucial for the Reward & Benefits Manager position.
✨Tip Number 4
Stay updated on current market trends related to compensation and benefits. Being able to speak knowledgeably about recent changes or innovations in the field will demonstrate your commitment and expertise during interviews.
We think you need these skills to ace Reward & Benefits Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward and benefits management, particularly within a professional services environment. Use specific examples that demonstrate your ability to develop compensation strategies and manage vendor relationships.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the firm. Discuss how your skills align with the key responsibilities outlined in the job description, such as leading salary reviews and managing benefit programs.
Highlight Relevant Skills: Emphasise your project management skills and your understanding of statutory laws related to pay and benefits. Mention any experience you have with data analysis and market trends, as these are crucial for the role.
Showcase Your Communication Abilities: Since the role requires building relationships with various stakeholders, provide examples of how you've effectively communicated and collaborated with teams in previous positions. This will demonstrate your ability to manage multiple stakeholders successfully.
How to prepare for a job interview at Catalyst Partners
✨Understand the Role Thoroughly
Before the interview, make sure you have a solid grasp of the responsibilities and expectations of a Reward & Benefits Manager. Familiarise yourself with the firm's current compensation and benefits strategies, and think about how your experience aligns with their needs.
✨Prepare for Scenario-Based Questions
Expect to be asked about specific situations you've encountered in previous roles. Prepare examples that showcase your project management skills, your ability to analyse data, and how you've successfully led initiatives in reward and benefits.
✨Showcase Your Market Awareness
Demonstrate your knowledge of current market trends and best practices in compensation and benefits. Be ready to discuss how these insights can help the firm attract and retain top talent, as well as how you would implement changes based on this information.
✨Highlight Your Relationship-Building Skills
As a Reward & Benefits Manager, you'll need to work closely with various stakeholders. Share examples of how you've built strong relationships in the past, particularly with senior management and external vendors, to illustrate your ability to collaborate effectively.
