At a Glance
- Tasks: Join our Reward team to shape and support compensation strategies.
- Company: A high-growth global investment firm focused on investing in its people.
- Benefits: Enjoy a hybrid work model, competitive salary, and a 25% bonus.
- Why this job: Be part of a dynamic team making a real impact in employee rewards.
- Qualifications: Confident and analytical mindset required; experience in reward management is a plus.
- Other info: Permanent position with opportunities for professional growth.
The predicted salary is between 42000 - 98000 £ per year.
Reward Specialist
Milton Keynes – Hybrid
Permanent
Salary – Competitive
I am delighted to be partnering with a large car dealership to recruit a passionate and driven Reward Specialist to join their dynamic HR team.
This is a pivotal role working closely with the Head of Reward, where you will play a key part in delivering reward strategies that attract, motivate and retain top‑tier talent. You will ensure reward practices are competitive, fair and aligned to business objectives, helping employees feel valued and supported across the organisation.
The Role
As Reward Specialist, you will take ownership of a broad and impactful reward agenda, including
Leading the development and implementation of reward projects, programmes and policies
Conducting market benchmarking and salary reviews to ensure ongoing competitiveness
Designing and reviewing incentive schemes, bonus structures and long‑term reward programmes
Leading the annual pay review proces
Managing and reviewing UK employee benefits, including pensions, health insurance and wider benefits offerings
Ensuring compliance with UK legislation, reward regulations and corporate governance requirements
Acting as a subject matter expert, advising HR and senior stakeholders on all reward‑related matters
Leading reward communications and effectively engaging employees
Responding to reward‑related queries from employees and stakeholders
Collaborating closely with HR and the wider business to align reward strategy with overall business goals
Optimising the reward data hub and streamlining processes carried out by HR Analysts
Analysing reward data and producing detailed, insightful reports for leadership
About You
I am looking to speak with candidates who can demonstrate :
A Bachelor\’s degree in HR or a related discipline
CIPD qualification or equivalent hands‑on reward experience
Proven experience in a UK‑based reward role, ideally within a corporate or large‑scale environment
Strong experience in market benchmarking and job evaluation
Experience reviewing and managing incentive schemes
Solid experience managing UK employee benefits programmes
Up‑to‑date knowledge of UK employee benefits legislation and reward regulations
Good working knowledge of UK employment law
Strong analytical and numerical capability with excellent attention to detail
Confident communication skills with the ability to influence senior stakeholders
Experience using HRIS systems and the Microsoft Office suite
Credibility, authority and the confidence to lead within a specialist reward function
Excellent organisational and project management skills
If this sounds like the next opportunity in your career please apply here.
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Contact Detail:
Oakleaf Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in compensation and benefits. Understanding current market practices will not only help you in interviews but also demonstrate your commitment to staying informed in the field.
✨Tip Number 2
Network with professionals in the reward and compensation sector. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities within their organisations.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented or improved reward strategies in previous roles. Being able to articulate your impact will set you apart from other candidates.
✨Tip Number 4
Research the company’s culture and values, especially regarding employee engagement and rewards. Tailoring your conversation to align with their ethos will show that you're a great fit for their team.
We think you need these skills to ace Reward Specialist
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to grasp the key responsibilities and required skills for the Reward Specialist position. Tailor your application to highlight how your experience aligns with these requirements.
Craft a Compelling CV: Ensure your CV is up-to-date and clearly outlines your relevant experience in reward management or compensation analysis. Use quantifiable achievements to demonstrate your impact in previous roles.
Write a Tailored Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that showcase your analytical skills and confidence in handling compensation strategies.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Reward Specialist.
How to prepare for a job interview at Oakleaf Partnership
✨Understand the Company Culture
Before your interview, take some time to research the company's culture and values. This will help you align your answers with what they are looking for in a Reward Specialist and demonstrate that you are a good fit for their team.
✨Showcase Your Analytical Skills
As a Reward Specialist, analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis to inform compensation strategies or improve employee engagement in previous roles.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities. Think about potential challenges in reward management and how you would approach them, showcasing your critical thinking and decision-making skills.
✨Highlight Your Communication Skills
Effective communication is key in this role. Be ready to explain complex compensation concepts in simple terms and demonstrate how you've successfully communicated with stakeholders in the past.