At a Glance
- Tasks: Lead reward policy execution and provide expert guidance on compensation and benefits.
- Company: Join Mace, a forward-thinking employer committed to inclusivity and transformative impact.
- Benefits: Enjoy flexible working options, competitive pay, and a supportive work culture.
- Why this job: Be part of a mission-driven team focused on creating opportunities and making a difference.
- Qualifications: Deep expertise in UK compensation, strong Excel skills, and a degree in maths or economics required.
- Other info: Mace values diversity and encourages all candidates to apply, even if they don't meet every requirement.
The predicted salary is between 43200 - 72000 £ per year.
This job is with Mace, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. At Mace, our purpose is to redefine the boundaries of ambition. We believe in creating places that are responsible, bringing transformative impact to our people, communities and societies across the globe. To learn more about our purpose, culture, and priorities, visit our strategy site.
Within our consult business, we harness our unique combination of leading-edge practical expertise and project delivery consultancy to unlock the potential in every project. Our values shape the way we consult and define the people we want to join us on our journey, they are:
- Safety first - Going home safe and well
- Client focus - Deliver on our promise
- Integrity - Always do the right thing
- Create opportunity - For our people to excel
The reward manager acts as subject matter expert (SME) for business and the human resources community on all aspects of reward policy and its execution through sound and pragmatic guidance. Supports the execution of all compensation and benefit processes and the generation of reward analytics and reports.
You’ll be responsible for:
- Acting as the first point of contact for salary survey vendors and the resolution of operational and tactical issues which arise with any such vendors or the use of their salary survey portals.
- Developing and maintaining salary ranges and benefits communication materials for all countries where the business operates.
- Providing guidance to recruiters, HRBPs and business leaders on the appropriate use of reward levers such as salary ranges, benefits and recognition, to inform reward decisions.
- Maintaining as well as contributing to a library of such guidance with suitable and up to date communication material.
- Providing compensation benchmarking using, where appropriate, data from the salary survey Portal(s) and platforms available to the business.
- Managing all aspects of salary data submissions to salary surveys in which the business participates.
- Providing formal grading of jobs, using the Mercer IPE job grading methodology.
- Maintaining the global job catalogue and any additions or changes to it.
- Generating reward analytics and reports as well as maintaining and contributing to a library of standardised reward analytics and reports.
- Managing day-to-day queries and all reporting relating to the annual bonus and salary review process, and benefits renewals.
- Acting as the first point of contact for MyHR compensation and benefit cases escalated to the reward team.
- Conducting reward scenario modelling across all components of reward.
- Working collaboratively towards the common goal of net zero carbon transition and share responsibility for the proactive identification and management of the associated carbon emissions and reductions during the delivery of work.
You’ll need to have:
- Deep expertise in UK compensation benchmarking, job grading, the use of Reward related technology (e.g. salary surveys, benchmarking Portals), career frameworks as well as reward analytics and reporting.
- Sound numeric capability.
- High proficiency in Excel.
- Broad based UK reward knowledge across full spectrum of total reward (base pay, variable pay, benefits and recognition).
- Ability to effectively engage and communicate at all levels in the organisation, including senior stakeholders at the executive level.
- High resilience to deal with ambiguity and lack of structure.
- Ability to achieve and deliver in transitional environment.
- Ability to constructively challenge and contribute to solutions, building on ideas from others.
- Experience in reward, with exposure to all the elements of reward (base pay, variable pay, benefits and recognition).
You’ll also have:
- Previous experience in using Mercer salary survey portal and Mercer IPE job grading tool.
- Degree level, preferably with maths, statistics or economics.
- International compensation and benefits experience.
- Project management skills.
- Some exposure to global mobility.
- Basic level of coaching skills.
Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all of the criteria, please apply as you may still be the best candidate for this role or another role within our organisation. We are also open to discussing part-time, flexible, and hybrid working options if suitable within the role.
Reward Manager employer: Mace
Contact Detail:
Mace Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Manager
✨Tip Number 1
Familiarise yourself with the Mercer salary survey portal and IPE job grading tool, as these are crucial for the Reward Manager role. Consider taking online courses or tutorials to enhance your understanding and proficiency in using these tools.
✨Tip Number 2
Network with professionals in the compensation and benefits field, especially those who have experience with UK reward practices. Attend industry events or join relevant online forums to build connections that could provide insights and potential referrals.
✨Tip Number 3
Stay updated on the latest trends and changes in compensation benchmarking and reward analytics. Subscribe to industry publications or follow thought leaders on social media to ensure you’re knowledgeable about current best practices.
✨Tip Number 4
Prepare to discuss your experience with reward-related technology and analytics during interviews. Be ready to share specific examples of how you've used data to inform reward decisions and improve processes in previous roles.
We think you need these skills to ace Reward Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Reward Manager position at Mace. Tailor your application to highlight your relevant experience in compensation benchmarking, job grading, and reward analytics.
Highlight Relevant Experience: In your CV and cover letter, emphasise your previous experience with UK compensation, salary surveys, and any specific tools like the Mercer IPE job grading tool. Use concrete examples to demonstrate your expertise and how it aligns with the role.
Showcase Your Skills: Make sure to showcase your numeric capabilities and proficiency in Excel. Mention any project management skills or experience in global mobility that could be beneficial for the role. This will help you stand out as a strong candidate.
Craft a Compelling Cover Letter: Write a tailored cover letter that reflects your understanding of Mace's values and culture. Discuss how your personal values align with theirs, particularly around safety, integrity, and creating opportunities. This will show your genuine interest in the company.
How to prepare for a job interview at Mace
✨Showcase Your Expertise
As a Reward Manager, you'll need to demonstrate your deep expertise in UK compensation benchmarking and job grading. Be prepared to discuss specific examples from your past experience where you've successfully implemented reward strategies or resolved complex issues.
✨Know the Company Values
Mace places a strong emphasis on their values such as safety, client focus, and integrity. Familiarise yourself with these values and think of ways you can align your answers to reflect how you embody them in your professional life.
✨Prepare for Technical Questions
Expect questions related to reward analytics, salary surveys, and the Mercer IPE job grading methodology. Brush up on these topics and be ready to explain your approach to using technology in reward management.
✨Demonstrate Communication Skills
You'll be engaging with various stakeholders, including senior executives. Practice articulating your thoughts clearly and confidently, especially when discussing complex reward concepts. Use examples that highlight your ability to communicate effectively at all levels.