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- Tasks: Join us to enhance our reward systems and make a real impact on employee satisfaction.
- Company: We're a forward-thinking organisation focused on competitive reward strategies in London.
- Benefits: Enjoy flexible working options and the chance to shape our reward philosophy.
- Why this job: Be part of a dynamic team that values innovation and collaboration in a thriving environment.
- Qualifications: Bring your experience in reward systems and analytical skills to drive meaningful change.
- Other info: This is a 9-month contractor role, perfect for those looking to make a difference.
The predicted salary is between 48000 - 72000 £ per year.
I am seeking an experienced Reward Consultant to join our team on a contractor basis for approximately 9 months. This role is pivotal in reviewing and enhancing our reward philosophy and incentive schemes to ensure they align with our organisational goals and remain competitive in the industry.
Key Responsibilities:
- Conduct thorough reviews of current reward and incentive frameworks.
- Collaborate with management and remuneration advisors to evaluate and restructure reward systems.
- Provide insightful recommendations for improvements.
- Ensure reward strategies are competitive and aligned with industry standards.
Key Skills and Experience:
- Substantial experience in evaluating and restructuring reward systems.
- Proven track record of successfully implementing reward strategies.
- Strong analytical skills and attention to detail.
- Familiarity with Workday (desirable).
- Knowledge of WTW Levelling tool and WTW and McLagan salary data (desirable).
- Proficiency in Excel and other analytical tools.
Reward Consultant employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Consultant
✨Tip Number 1
Network with professionals in the HR and reward consultancy field. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the latest trends and potentially lead to referrals.
✨Tip Number 2
Familiarise yourself with the tools mentioned in the job description, especially Workday and the WTW Levelling tool. Consider taking online courses or tutorials to boost your proficiency, as this will make you a more attractive candidate.
✨Tip Number 3
Prepare to discuss specific examples from your past experience where you've successfully evaluated and restructured reward systems. Use the STAR method (Situation, Task, Action, Result) to clearly articulate your contributions and outcomes.
✨Tip Number 4
Stay updated on industry standards and competitive practices in reward strategies. Research recent changes in compensation trends and be ready to share your insights during interviews, demonstrating your knowledge and commitment to the role.
We think you need these skills to ace Reward Consultant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reward Consultant. Familiarise yourself with reward philosophies and incentive schemes to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasise your substantial experience in evaluating and restructuring reward systems. Provide specific examples of past successes in implementing reward strategies.
Showcase Analytical Skills: Since strong analytical skills are crucial for this role, include instances where you've used analytical tools like Excel or Workday. Mention any familiarity with WTW Levelling tool and salary data to strengthen your application.
Craft a Compelling Cover Letter: Your cover letter should not only express your interest in the position but also demonstrate how your skills align with the company's goals. Be sure to mention your attention to detail and ability to provide insightful recommendations.
How to prepare for a job interview at Hays
✨Know Your Reward Frameworks
Make sure you have a solid understanding of various reward and incentive frameworks. Be prepared to discuss your experience with evaluating and restructuring these systems, as this will be crucial for the role.
✨Showcase Analytical Skills
Highlight your analytical skills during the interview. Bring examples of how you've used data to inform decisions about reward strategies in previous roles, especially if you can reference tools like Excel or Workday.
✨Familiarise with Industry Standards
Research current industry standards for reward systems. Being able to discuss how your recommendations can keep the company competitive will demonstrate your knowledge and commitment to aligning with organisational goals.
✨Prepare Insightful Recommendations
Think ahead and prepare some insightful recommendations for potential improvements to their current reward strategies. This shows initiative and that you're already thinking about how to add value to the team.
