Reward Specialist

Reward Specialist

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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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 growth opportunities.
  • 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: Engage with senior stakeholders and contribute to strategic decision-making.

The predicted salary is between 48000 - 72000 £ per year.

Base Pay RangeReward Specialist – Projects

12 month FTC

Hybrid working – City of London

About the RoleOur client is a leading global Financial Services organisation, seeking an experienced Reward Specialist to support and lead on various European Reward projects. You\’ll be working as part of a supportive team, where everyone is hands on.

Key Responsibilities

Lead and deliver reward related projects, including EU Pay Transparency implementation, pay structure reviews, job evaluation, and benefits review.

Establish clear objectives, timelines, and governance frameworks in collaboration with senior stakeholders.

Collaborate with HR, Finance, and external vendors to ensure accurate data analysis and project execution.

Monitor compliance with regulatory requirements and internal governance across all reward initiatives.

Work with the HRIS team to ensure HR systems are configured to support compliance and accurate reporting.

Lead communication and training initiatives to embed new processes across multiple EU locations.

Candidate Profile

Proven experience in reward, compensation, and benefits, with a strong focus on project delivery.

Strong understanding of the EU Pay Transparency Directive.

Advanced analytical skills and proficiency in Excel or similar tools for data modelling and reporting.

Strong stakeholder management and communication skills, able to influence at all levels.

Knowledge of job evaluation methodologies and market benchmarking practices.

Highly organized, detail-oriented, and comfortable working in a fast-paced, change-driven environment.

Seniority Level

Mid-Senior level

Employment Type

Contract

Job Function

Human Resources

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Reward Specialist employer: Catalyst Partners

As a Reward Specialist at this innovative FTSE 100 organisation in London, you will thrive in a dynamic and inclusive work culture that prioritises employee well-being and professional growth. The company offers competitive benefits, a hybrid working model, and opportunities to shape impactful reward strategies, ensuring that your contributions are recognised and valued within a collaborative environment. Join a forward-thinking team where your expertise will directly influence the overall employee experience and drive meaningful change.
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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 sectors. Engaging with others in the field 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 any past experiences 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

Compensation and Benefits Expertise
Market Benchmarking
Policy Development
Stakeholder Engagement
Data Analysis
Communication Skills
Project Management
Analytical Skills
Understanding of Employment Law
Collaboration Skills
Presentation Skills
Change Management
Strategic Thinking
HRIS Proficiency

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reward Specialist. Familiarise yourself with the key tasks mentioned in the job description, such as shaping reward policies and collaborating with various teams.

Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the role. Emphasise your expertise in total reward strategies, stakeholder engagement, and any experience with annual pay reviews or incentive structures.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss how your background and skills make you a perfect fit for the position, and mention specific examples of your previous work related to reward management.

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 and professionalism, which are crucial in a Reward Specialist role.

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 position 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 roles.

Reward Specialist
Catalyst Partners
Location: London
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