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- Tasks: Support the development of reward frameworks and improve job architecture at EY.
- Company: Join EY, a global leader in building a better working world.
- Benefits: Flexible work environment, competitive salary, and comprehensive benefits package.
- Why this job: Make a real impact on talent strategies and enhance employee experiences.
- Qualifications: Degree level education and experience in a related Talent role.
- Other info: Opportunity for career growth in a diverse and inclusive culture.
The predicted salary is between 60000 - 84000 £ per year.
This position will work flexibly to support the Performance and Reward function in developing and delivering reward frameworks that ensure the effective implementation of reward programs. The Reward Consultant will primarily be responsible for reviewing EY's job architecture to make recommendations and improvements that establish the appropriate structure to enable reward programs and help EY achieve its skills and performance objectives.
This position will engage key customers and stakeholder groups to understand business requirements, conducting research into external trends, and analyzing performance issues that impact the delivery of reward programs. Additionally, this position will support the preparation of reward processes and toolkits, as well as develop change and communication materials for various stakeholders.
Your key responsibilities
- Support the evaluation and development of EY's job architecture for employees, this may include:
- Assessment of EY's career architecture and leveling to identify gaps and areas for improvement and propose effective solutions.
- Establish job architecture and job levelling requirements appropriate for EY's business model(s) and enable reward to deliver EY's skills strategy and fair pay.
- Develop and propose solutions to identify and differentiate skills premiums and qualifications within the job architecture to support reward programs.
- Facilitate discussions with Reward, Talent Delivery and Career framework teams to gather structured feedback on recommended improvements to job architecture and leveling.
- Project manage/facilitate the review of job leveling methodologies and vendors, evaluating the time, resources, and costs required for implementation.
Where required, support the review and update of current reward frameworks, standards, processes and toolkits, this may include:
- Reward frameworks, guideline standards and principles
- Reference guides and training material
- Pay transparency checklists and toolkits
Develop or provide input to associated change documentation to clarify the scope and value of possible changes. Support Reward colleagues to create project plans, outline objectives, key milestones and track the day-to-day project activities, including tracking progress against plan and managing changes to scope. Conduct external research, monitor external and internal trends and provide insights to support recommendations and solutioning. Manage stakeholder communication with project team members, Talent and the business as appropriate. Communication may include responses to inquiries, status updates, presentations of project progress and/or completion.
Analytical/Decision Making Responsibilities
- Conduct analysis to identify and assess issues with existing services or determine the cause of business problems/challenges as identified by Talent colleagues.
- Ability to assimilate and analyse data to improve projects or make recommendations for future project enhancements.
- Ability to, with the support of AI, analyze and summarize feedback and recommendations on projects. This analysis will inform decisions related to program changes and enhancements.
- Analyze and leverage market and business insights to provide input to the development of Reward frameworks and principles.
Supervision Responsibilities
- Must be able to work independently with limited direct supervision.
- Proactively participate in meetings to ensure effective execution of Talent function strategy and associated processes.
- As allocated, own a specific component of a service capability and ensure best practices are defined and communicated.
- Help to establish, prepare and optimise meetings and networks with Global and Region teams to communicate changes to strategy or solutions, share best practices and capture needs across the firm.
Skills and attributes for success
- Strong knowledge of Talent practices and Performance and Reward.
- Experience using AI to optimize projects, documents and presentations.
- Ability to collaborate with virtual networks across diverse and dispersed geographies.
- Proactive consulting skills that drive business impact, able to interpret business requirements, co-create the most relevant and pragmatic approach.
- Strong team skills, collaborate effectively across talent ecosystem.
- Ability to communicate clearly and succinctly across EY to ensure processes, ways of working and standards are understood.
- Organizational skills and attention to detail – the ability to operate within budget and effective time frames.
- Research and analytical skills to track and interpret trending directions for specialism and identify potential future options.
- Respected ability to cope with ambiguity, to drive change and performance outcomes in a complex and agile environment.
- Talent strategies – knowledge and interest in Talent strategy, trends, leading practices, services and solutions.
Other Requirements
- Due to global nature of the role; travel and willingness to work alternative hours will be required.
- Due to global nature of the role; English language skills – excellent written and verbal communication will be required.
Job Requirements
Education
- Educated to degree level.
Experience
- Experience in a closely related Talent role bringing insights and experience of service design and delivery.
- Demonstrable experience of collaborating with Talent or business colleagues across geographies to deploy an agreed Talent service and resolve issues effectively.
- Strong experience of working effectively in globally dispersed teams to enhance services, frameworks, processes and standards.
- Demonstrable experience of working in a central team to manage networks and of sharing insights and best practices to help enhance service delivery and performance at a local level.
- Demonstrable experience of working flexibly as part of a project team/squad to providing subject matter expertise and ensure the effective design and quality of service solutions.
- Demonstrable experience of working in fast-paced, ambiguous, stressful environments to deliver required results.
Certification Requirements
- Higher professional or masters qualification in a related discipline is preferred, not required.
- Active membership in related professional bodies or industry groups is preferred, not required.
What we offer you
The compensation ranges below are provided in order to comply with United States pay transparency laws. Other geographies will follow their local salary guidelines, which may not be a direct conversion of published US salary ranges. At EY, we'll develop you with future-focused skills and equip you with world-class experiences. We'll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.
We offer a comprehensive compensation and benefits package where you'll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $105,200 to $196,700. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $126,200 to $223,500. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you'll decide how much vacation time you need based on your own personal circumstances. You'll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Are you ready to shape your future with confidence? Apply today.
Reward Consultant - Assistant Director - fixed term contract employer: EY
Contact Detail:
EY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Consultant - Assistant Director - fixed term contract
✨Tip Number 1
Network like a pro! Reach out to current or former EY employees on LinkedIn. Ask them about their experiences and any tips they might have for landing the Reward Consultant role. Personal connections can give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for the interview by researching EY's values and recent projects. Show us that you understand their mission to build a better working world. Tailor your answers to reflect how your skills align with their goals, especially in Performance and Reward.
✨Tip Number 3
Practice your analytical skills! Since the role involves assessing performance issues and making recommendations, brush up on your data analysis techniques. Be ready to discuss how you've used data to drive decisions in past roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're serious about joining EY and ready to take the next step in your career.
We think you need these skills to ace Reward Consultant - Assistant Director - fixed term contract
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Reward Consultant role. Highlight your relevant experience and skills that align with the job description, showing us why you're the perfect fit!
Showcase Your Analytical Skills: Since this role involves a lot of analysis, don’t forget to mention any experience you have with data analysis or problem-solving. We want to see how you can leverage insights to improve reward frameworks.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity!
How to prepare for a job interview at EY
✨Know Your Stuff
Before the interview, dive deep into EY's job architecture and reward frameworks. Familiarise yourself with their current practices and think about how you can contribute to improvements. This will show your genuine interest and help you stand out.
✨Engage with Stakeholders
Prepare to discuss how you would engage with key customers and stakeholders. Think of examples from your past experiences where you successfully gathered feedback or collaborated on projects. This will demonstrate your proactive consulting skills.
✨Showcase Analytical Skills
Be ready to talk about how you've used data analysis in previous roles. Bring examples of how your insights led to effective solutions or improvements. This is crucial for a role that involves assessing performance issues and making recommendations.
✨Communicate Clearly
Practice articulating your thoughts succinctly. Since this role requires clear communication across diverse teams, consider preparing a few key points about your experience that you can share confidently. This will help you convey your ideas effectively during the interview.
