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For Companies At a Glance
- Tasks: Shape and lead total reward strategies while enhancing employee experience.
- Company: Join a dynamic FTSE 100 company known for innovation and transformation.
- Benefits: Enjoy hybrid work options and a collaborative culture with great perks.
- Why this job: Be part of a team that directly impacts employee satisfaction and company success.
- Qualifications: Experience in reward management and strong analytical skills are essential.
- Other info: Opportunity to engage with senior stakeholders and influence company-wide initiatives.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
Job Title: Reward Specialist
Location: London (hybrid)
FTSE 100
Position Overview: Catalyst Partners are delighted to be working with an innovative FTSE 100 organisation seeking an experience Reward Specialist to join on their exciting transformation. You will play an integral part in shaping and leading their total reward priorities and delivering total reward solutions to the wider business.
Key Responsibilities:
- Contribute to shaping the overarching reward approach and lead the delivery of the annual pay review framework.
- Help craft and enhance total reward policies and core documents that are aligned to market trends and centred around employee needs.
- Use both internal metrics and external benchmarks to ensure policies are clear, inclusive, and improve the overall employee experience.
- Collaborate across Centres of Expertise and functional teams to design incentive structures that directly support strategic goals.
- Work closely with business units to implement company-wide reward initiatives, engaging key stakeholders such as early careers teams to ensure successful adoption.
- Interpret and communicate market trends and benchmarking data to inform ongoing policy development and incentive planning.
- Support internal teams within the CoE and wider HR function in promoting understanding and engagement with the total reward offerings.
- Take end-to-end responsibility for the annual Remuneration Committee cycle, including planning agendas, creating and reviewing materials, and managing key stakeholder relationships.
- Partner with senior stakeholders to deliver RemCo content and ensure smooth operation of the annual governance process.
- Collaborate with HR leaders and business partners to understand evolving executive compensation needs, offering expert guidance, market intelligence, and tailored insights.
How to apply
Please apply by submitting your CV to Rigers Kabashi at Catalyst Partners.
Reward Specialist employer: Catalyst Partners
Contact Detail:
Catalyst Partners 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 total reward strategies. Understanding current market benchmarks and employee needs will help you speak confidently about how you can contribute to shaping the overarching reward approach.
✨Tip Number 2
Network with professionals in the HR and reward space. Engaging with others in the industry can provide insights into best practices and may even lead to referrals or recommendations for the role.
✨Tip Number 3
Prepare to discuss your experience with annual pay reviews and incentive structures. Be ready to share specific examples of how you've successfully implemented reward initiatives in previous roles.
✨Tip Number 4
Showcase your ability to collaborate across teams. Highlight instances where you've worked with various stakeholders to achieve common goals, as this is crucial for the role of a Reward Specialist.
We think you need these skills to ace Reward Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reward Specialist. Familiarise yourself with key terms and concepts related to total reward strategies, pay review frameworks, and incentive structures.
Tailor Your CV: Customise your CV to highlight relevant experience in reward management, policy development, and stakeholder engagement. Use specific examples that demonstrate your ability to shape reward strategies and implement initiatives successfully.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the organisation. Discuss how your skills align with their needs, particularly in shaping reward policies and collaborating with various teams.
Highlight Relevant Metrics: In your application, mention any experience you have with using internal metrics and external benchmarks. This will show your understanding of how to create clear and inclusive reward policies that enhance employee experience.
How to prepare for a job interview at Catalyst Partners
✨Understand the Role
Make sure you have a solid grasp of what a Reward Specialist does. Familiarise yourself with total reward strategies, pay review frameworks, and how to craft inclusive policies. This will help you demonstrate your knowledge during the interview.
✨Showcase Your Analytical Skills
Since the role involves interpreting market trends and benchmarking data, be prepared to discuss your experience with data analysis. Bring examples of how you've used metrics to inform policy development or improve employee experiences in previous roles.
✨Prepare for Stakeholder Engagement Questions
The job requires collaboration with various teams and stakeholders. Think of instances where you've successfully engaged with different departments or senior leaders. Be ready to share these experiences and how they contributed to successful outcomes.
✨Demonstrate Your Communication Skills
As a Reward Specialist, you'll need to communicate complex information clearly. Practice explaining reward concepts in simple terms, and be prepared to discuss how you've promoted understanding of reward offerings in past positions.
