Senior Reward & Benefits Strategy Lead - Hybrid in London

Senior Reward & Benefits Strategy Lead - Hybrid in London

London Full-Time 75000 - 85000 £ / year (est.) No working from home possible
Dormont Manufacturing Co

At a Glance

  • Tasks: Lead the design and management of competitive reward and benefits strategies.
  • Company: Join dmg media, a forward-thinking company with a focus on inclusivity.
  • Benefits: Enjoy 25 days holiday, pension plan, gym access, and more perks.
  • Other info: Hybrid role with opportunities for career growth and development.
  • Why this job: Make a real impact on employee experience and organisational success.
  • Qualifications: Extensive experience in reward and benefits, strong analytical skills required.

The predicted salary is between 75000 - 85000 £ per year.

The Reward and Benefits Manager is responsible for assisting the Head of Reward with designing, implementing, and managing the organisation’s reward and benefits strategy. This role ensures that reward programs are competitive, compliant, and aligned with organisational goals while leveraging HRIS technology to optimise Reward operations and enhance employee experience.

Main Responsibilities

  • Reward
    • Work with the Head of Reward and Chief People Officer to develop and implement a reward strategy that aligns with the company’s objectives and market trends.
    • Assist Head of Reward in preparation of Remuneration Committee papers.
    • Participate in salary surveys.
    • Conduct regular benchmarking and market analysis to ensure competitive positioning.
    • Complete Gender Pay Gap reporting and legal compliance.
    • Participate in reward projects as appropriate.
    • Develop and manage salary structures, pay scales, and grading frameworks.
    • Oversee job evaluation and analysis processes to ensure consistency and fairness.
    • Manage the delivery of annual salary and bonus review processes for multiple operating companies.
    • Support the Head of Reward in the management of Long Term Incentives, Short Term Incentives and other recognition programs.
  • Benefits
    • Act as in-house expert on employee benefit offering.
    • Evaluate, manage, and improve employee benefits offerings.
    • Work closely with benefits portal provider to optimise employee benefit experience.
    • Administer life and group income insurance schemes.
    • Act as Secretary to the DMGT Healthcare Trust.
    • Ensure benefits programs are engaging and well communicated to employees.
    • Ensure benefits programs are compliant with local laws and regulations.
  • Stakeholder Collaboration
    • Provide guidance to senior management on reward or benefit related matters.
    • Partner with finance to manage reward budgets and forecasting.
    • Provide operational reward expertise to operating company HR teams.
    • Liaise with HR Shared Services and Payroll to ensure Reward and Benefit administration runs smoothly.
  • Workday
    • Ensure data integrity, accuracy, and confidentiality.
    • Configure and complete Annual Compensation Review in Workday for multiple operating companies.
    • Uploading compensation EIBs and writing reports.
    • Improve efficiency and use of Workday functional capabilities.

Person Specification

  • Extensive experience in reward, compensation, and benefits.
  • Knowledge of short-term incentive and long-term incentive design and administration.
  • Strong analytical and financial acumen with the ability to interpret data and drive decisions.
  • Excellent excel competence.
  • Exceptional communication and influencing skills to engage stakeholders at all levels.
  • Experience of Workday would be highly beneficial.
  • Demonstrated success in designing and delivering reward programs.
  • Familiarity with industry-specific reward practices is an advantage.

Package Description

Our benefits package increases the longer you’ve been with us. Here’s what to expect:

  • 25 days’ holiday (increasing by 1 per year up to a total of 30).
  • Pension plan and life cover.
  • Discounts on online shopping, dining cards and vouchers, and access to our Employee Assistance Programme.
  • Onsite gym, subsidised canteen and onsite nurse and GP clinics.
  • Plus much more...

Our Commitment

We are committed to increasing diversity and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status, or disability. We are Disability Confident Committed. Please let us know if you require any recruitment documentation in other formats or if you require reasonable adjustments to be made during the recruitment process. Please be assured that any such information will be held separately to your recruitment application and will not be considered as part of the selection process.

Senior Reward & Benefits Strategy Lead - Hybrid in London employer: Dormont Manufacturing Co

At dmg media, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our hybrid working model allows for flexibility while our comprehensive benefits package, including increasing holiday entitlement and wellness initiatives, ensures that our employees feel valued and supported. With a strong commitment to diversity and inclusion, we provide ample opportunities for professional growth and development, making us an attractive choice for those seeking a meaningful career in reward and benefits management.

Dormont Manufacturing Co

Contact Details:

Dormont Manufacturing Co Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Reward & Benefits Strategy Lead - Hybrid in London

Tip Number 1

Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by researching the company and its culture. Tailor your answers to show how your experience aligns with their goals, especially in reward and benefits strategies.

Tip Number 3

Practice makes perfect! Do mock interviews with friends or use online platforms. The more comfortable you are speaking about your skills, the better you'll perform.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Senior Reward & Benefits Strategy Lead - Hybrid in London

Reward Strategy Development
Benefits Administration
Market Analysis
Gender Pay Gap Reporting
Job Evaluation
Long Term Incentives Management
Short Term Incentives Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in reward and benefits. Use keywords from the job description to show that you understand what we're looking for.

Showcase Your Achievements:Don’t just list your responsibilities; share specific examples of how you've successfully designed or implemented reward strategies in the past. We love seeing quantifiable results!

Be Clear and Concise:Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and make sure your key points stand out. This helps us see your potential quickly!

Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role without any hiccups.

How to prepare for a job interview at Dormont Manufacturing Co

Know Your Numbers

As a Senior Reward & Benefits Strategy Lead, you'll need to demonstrate your analytical skills. Brush up on key metrics related to compensation and benefits, such as salary benchmarks and gender pay gap statistics. Being able to discuss these confidently will show that you understand the financial implications of reward strategies.

Showcase Your Experience with Workday

Since familiarity with Workday is a plus, make sure to highlight any relevant experience you have with this HRIS technology. Prepare specific examples of how you've used Workday to improve reward operations or enhance employee experiences in previous roles.

Engage Stakeholders Effectively

This role involves collaborating with various stakeholders, so be ready to discuss your communication and influencing skills. Think of examples where you've successfully partnered with senior management or finance teams to drive reward initiatives. This will illustrate your ability to navigate complex organisational structures.

Stay Updated on Market Trends

The job requires keeping up with market trends in rewards and benefits. Research current trends and be prepared to discuss how they could impact the organisation's strategy. Showing that you're proactive about industry knowledge will set you apart from other candidates.