At a Glance
- Tasks: Lead and innovate reward strategies while collaborating with senior leaders.
- Company: Join Skipton Building Society, the UK's fourth largest mutual organisation focused on member satisfaction.
- Benefits: Enjoy hybrid working, 25+ days leave, bonuses, and health perks like private medical insurance.
- Why this job: Be part of a transformative team that values fairness and employee wellbeing in a supportive culture.
- Qualifications: Experience in job evaluation and managing reward projects is essential; strong analytical skills required.
- Other info: This is a 6-month fixed-term contract with opportunities for personal and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Job Type: Contract
Job Sector: HR, Training
Region: Yorkshire
Location: Skipton
Salary Description: Competitive salary plus excellent benefits
Posted: 14/07/2025
Recruiter: Skipton Building Society
Job Ref: jr3327
Hours: 6 months FTC, full time – 35 hours. Hybrid working.
Closing Date: Mon, 28 Jul 2025
We are looking for a dynamic and strategic Reward and Benefits Lead to join our People Team on a fixed term basis.
This is a fantastic opportunity for an experienced Reward professional to play a crucial role in driving transformation across our reward structures, policies and processes. You will act as an expert adviser, ensuring fairness in reward practices and supporting senior leaders in making informed pay decisions.
We’re currently working on several innovative projects to develop and future-focus reward at Skipton – so now is an exciting time to join our team and really be part of something!
Who Are We?
Not just another building society. Not just another job. We are the fourth biggest building society in the UK, and what makes us a bit different is that we\’re a mutual organisation. We don\’t have shareholders; we\’re owned by our members.
Our colleagues say Skipton\’s a great place to work, and you could be one of them, bringing with you new ideas on how we can keep customers at the heart of what we do.
Whatever your background, and whatever your goals, we\’ll help you take the next step towards a better future.
What Will You Be Doing?
As a key member of the Reward Team, you will collaborate with senior stakeholders to shape and deliver both short- and long-term Reward Strategies. You will lead the design, implementation and management of reward and benefit schemes, ensuring broader alignment with our people strategy and fair pay principles.
You will have the opportunity to:
- Lead in Job Evaluation for the organisation using WTW job evaluation technology.
- Lead the design and execution of reward strategies including pay frameworks, benefits, and bonus schemes.
- Partner with senior leaders to align reward initiatives with business needs.
- Effectively communicate and promote Total Reward offerings throughout the organisation.
- Provide expert advice on reward policies, job evaluation and role grading.
- Support annual reward activities, including salary surveys, and continually enhance the benefits offering.
- Drive continuous improvement across reward processes, ensuring compliance and alignment with the People Strategy.
What Do We Need From You?
To be successful in this role you’ll need:
- Experience in job evaluation (Willis Towers Watson methodology) and managing salary benchmarking exercises.
- Proven experience in leading medium- to large-sized reward projects (e.g., annual pay review or bonus processes.)
- Strong analytical skills with the ability to interpret complex data to inform reward decisions.
- Advanced Excel skills and a solid understanding of pay benchmarking methodologies.
- Excellent communication and stakeholder management skills, with the ability to influence senior leaders.
What’s In It For You?
Skipton values work/life balance and we are proud to support hybrid and flexible working, where possible. We have a newly refurbished head office which offers a vibrant and collaborative working space.
We have a range of other benefits available to you (subject to eligibility) including:
- Annual discretionary bonus scheme
- 25 days standard annual leave + bank holidays + rising 1 day per year of service to a maximum of 30 days
- Employer pension contribution (up to 10% per annum)
- Salary sacrifice scheme for hybrid & electric car
- A commitment to training and development
- Funded private medical insurance, group income protection, and life assurance for all our colleagues
- 3 paid volunteering days per annum
- Diverse and inclusive colleague networks available for you to join including our Carers and Pride Alliance groups
- We care about your health and wellbeing – we provide a range of benefits that support this including cycle to work initiative and discounted gym membership
If you’re passionate about creating rewarding experiences for colleagues and want to make a tangible impact within a supportive and inclusive organisation, we’d love to hear from you.
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Reward & Benefits Lead employer: Skipton Building Society
Contact Detail:
Skipton Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward & Benefits Lead
✨Tip Number 1
Familiarise yourself with the Willis Towers Watson job evaluation methodology, as this is a key requirement for the role. Consider taking an online course or reading up on best practices to demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the HR and reward sectors, especially those who have experience in similar roles. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Prepare to discuss specific examples of past reward projects you've led, particularly those involving salary benchmarking and pay reviews. Highlight your analytical skills and how you've used data to inform decisions.
✨Tip Number 4
Research Skipton Building Society's current reward strategies and any recent initiatives they've undertaken. This will help you tailor your discussions and show your genuine interest in contributing to their goals.
We think you need these skills to ace Reward & Benefits Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward and benefits, particularly any projects involving job evaluation or salary benchmarking. Use specific examples to demonstrate your skills and achievements.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with Skipton's values and the specific requirements of the Reward & Benefits Lead position.
Highlight Analytical Skills: Given the emphasis on analytical skills in the job description, be sure to include examples of how you've used data to inform reward decisions. This could involve discussing tools like Excel or methodologies you've employed.
Showcase Communication Abilities: Since the role requires excellent communication and stakeholder management skills, provide examples of how you've successfully influenced senior leaders or collaborated with teams in previous roles.
How to prepare for a job interview at Skipton Building Society
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Reward & Benefits Lead. Familiarise yourself with job evaluation methodologies, especially WTW, and be prepared to discuss how your experience aligns with the role's requirements.
✨Showcase Your Analytical Skills
Be ready to demonstrate your analytical abilities. Prepare examples of how you've interpreted complex data to inform reward decisions in previous roles, as this will be crucial for the position.
✨Prepare for Stakeholder Engagement
Since the role involves collaborating with senior leaders, think of instances where you've successfully influenced stakeholders. Be prepared to discuss your communication strategies and how you ensure alignment with business needs.
✨Highlight Continuous Improvement Initiatives
Discuss any past experiences where you've driven continuous improvement in reward processes. This could include enhancing benefits offerings or ensuring compliance with pay principles, which are key aspects of the role.