At a Glance
- Tasks: Lead job evaluations, conduct pay benchmarking, and provide expert reward analysis.
- Company: Join a public sector client in Edinburgh with a focus on pay and reward.
- Benefits: Competitive rate, hybrid working, and the chance to make a real impact.
- Other info: Opportunity for professional growth and to influence key organisational decisions.
- Why this job: Shape fair pay structures and enhance employee satisfaction in a dynamic environment.
- Qualifications: Experience in compensation, job evaluation, and strong analytical skills required.
The predicted salary is between 39600 - 48400 £ per year.
Pay & Reward Business Partner - 6-Month Contract, Inside IR35 - Hybrid Edinburgh, 2days pw
Harvey Pub Sec client is looking to recruit a specialist pay & reward expertise and hands-on delivery support across the clients pay and reward arrangements.
You will work closely with the People & Culture team and senior stakeholders to ensure the clients reward frameworks remain robust, market-informed, internally equitable and aligned to organisational requirements.
The role will have a particular focus on supporting current organisational design and workforce activity, including job evaluation, pay benchmarking, grading and reward analysis, alongside the development and improvement of benefits, reward processes, governance and supporting data.
This is a delivery-focused role requiring an experienced reward practitioner who can quickly understand the organisation, provide credible specialist advice and independently progress defined pieces of work.
Key Responsibilities
- Lead and undertake job evaluation activity for new and evolving roles, ensuring consistency of approach and appropriate supporting documentation.
- Provide specialist advice on job sizing, grading and organisational design implications, working closely with People & Culture colleagues and business leaders.
- Conduct external pay benchmarking using appropriate market data and provide clear, evidence-based recommendations on salary positioning.
- Review and analyse the Bank's existing pay and grading arrangements, identifying issues relating to internal equity, market competitiveness, pay compression or other reward risks.
- Support the development and refinement of salary ranges, pay architecture and associated reward governance.
- Provide reward analysis and advice to support recruitment, promotion, retention and organisational change decisions.
- Support gender pay gap and wider equal pay analysis, identifying trends, risks and appropriate actions.
- Undertake modelling and analysis to assess the cost and organisational impact of potential reward changes.
- Support the review and development of reward policies, processes and guidance, ensuring they are clear, proportionate and consistently applied.
- Provide specialist input into the Bank's annual pay award and pay review activity, in conjunction with the Scottish Government Finance Pay Policy Team.
- Produce clear reward papers, analysis and recommendations for senior management and relevant governance forums.
- Ensure reward decisions and recommendations take appropriate account of the Bank's public-sector context, equality obligations and wider governance requirements.
- Improve reward data, documentation and processes to leave sustainable approaches and tools in place at the end of the assignment.
- Key Skills & Experience
We are looking for an experienced Reward professional with
- Significant specialist experience across compensation, reward and job evaluation gained within Financial Services.
- Practical experience of job evaluation and grading methodologies, ideally gained within a complex or professional-services environment.
- Demonstrable experience of salary benchmarking and interpreting external market data.
- Experience developing or reviewing salary structures, pay ranges, reward frameworks along with designing and implementing incentive schemes.
Expertise in Long Term Incentive Plans (LTIP) would be beneficial.
- Proven analytical capability, with the ability to translate complex reward data into clear recommendations.
- Experience of gender pay gap, equal pay and internal pay-equity analysis.
- Sound knowledge of reward governance and the employment/equality considerations associated with pay decisions.
- Experience supporting organisational design, restructuring or significant role change would be particularly valuable.
- Stakeholder-management skills and the credibility to advise senior leaders on sensitive reward matters.
- The ability to work independently, prioritise competing requirements and deliver at pace within a defined contract period.
- Excel skills and confidence working with HR, payroll and market-remuneration data.
- #J-18808-Ljbffr
Pay & Reward Business Partner employer: Harvey Nash Group
As a leading international banking institution located in the vibrant city of London, we pride ourselves on fostering a dynamic work culture that values collaboration and innovation. Our Treasury Management Analyst role offers not only competitive benefits and opportunities for professional growth but also the chance to engage with a diverse team of experts in a fast-paced environment. Join us to contribute to impactful projects while enjoying the unique advantages of working in one of the world's financial capitals.
StudySmarter Expert Advice🤫
We think this is how you could land Pay & Reward Business Partner
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
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✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
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We think you need these skills to ace Pay & Reward Business Partner
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Harvey Nash Group will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Harvey Nash Group. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Harvey Nash Group confidence in your short-term commitment to the role.
How to prepare for a job interview at Harvey Nash Group
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Harvey Nash Group.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Harvey Nash Group that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
