Reward Consultant

Reward Consultant

Hinckley Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Reward Consultant, you'll design and implement innovative reward strategies for diverse clients.
  • Company: Join a dynamic business services organisation focused on enhancing employee value propositions.
  • Benefits: Enjoy a full-time role with opportunities for training and professional development.
  • Why this job: Make a real impact by attracting and retaining top talent through strategic reward frameworks.
  • Qualifications: Strong analytical skills and excellent communication are essential; consultancy experience is a plus.
  • Other info: This is a permanent position based in Hinckley, Leicestershire.

The predicted salary is between 36000 - 60000 £ per year.

Join a dynamic and forward-thinking business services organisation as a Reward Consultant, where your expertise will directly influence your client's employee value proposition and total reward strategy across a wide variety of businesses. This is a pivotal role for a commercially minded and analytically strong professional who thrives in a fast-paced, evolving environment. You'll be partnering with HR and business leaders to design, deliver and embed innovative reward frameworks - from benchmarking and pay structures to bonus design and benefits strategies. Whether it's managing projects end to end, shaping executive job evaluation or leading salary surveys, your work will drive real business impact and help attract and retain top talent.

Duties to include:

  • Benchmark salaries against market data and provide tailored recommendations.
  • Deliver bespoke consultancy projects for clients, both large and small-scale.
  • Prepare and present detailed reports, including salary structures and grading frameworks.
  • Conduct virtual client meetings to gather job data and understand reward structures.
  • Present findings and recommendations to senior stakeholders, sometimes including executive teams and boards.
  • Support clients in implementing job evaluation and grading structures.
  • Deliver job evaluation training (up to 4 hours) to client HR teams and managers.
  • Conduct webinars and workshops on salary benchmarking and reward trends.
  • Provide expert advice on total reward, pay structures, and best practices.
  • Support data collection from clients to enhance our salary benchmarking database.
  • Analyse salary trends and industry benchmarks to ensure up-to-date market insights.
  • Assist in the development of salary surveys and reports.
  • Advise clients on pay structures, benefits, and total reward strategies.
  • Keep up to date with UK employment laws, gender pay reporting, and reward trends.

The ideal candidate will have:

  • Excellent written and verbal communication skills, with experience presenting to senior stakeholders.
  • Strong analytical skills with the ability to interpret complex data.
  • Ability to deliver training sessions and webinars confidently.
  • Strong client relationship management skills, with a consultancy mindset.
  • Proficiency in Microsoft Excel, PowerPoint, and data analysis tools.
  • Understanding of UK pay structures, reward strategies, and employment legislation.

Desirable:

  • Familiarity with major job evaluation methodologies (e.g., Hay, Mercer, Croner).
  • Experience working in a consultancy or advisory role.
  • Knowledge of gender pay gap reporting and executive compensation.

This role is a full-time, permanent role that is 5 days a week in the Hinckley, Leicestershire office.

Reward Consultant employer: Portfolio HR & Reward

Join a vibrant and innovative business services organisation in Hinckley, Leicestershire, where as a Reward Consultant, you will be part of a collaborative culture that values your insights and expertise. With a strong focus on employee development, the company offers extensive training opportunities and encourages professional growth, ensuring you can make a significant impact on client reward strategies while enjoying a supportive work environment. The unique location provides a balance of urban convenience and community spirit, making it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

Portfolio HR & Reward Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reward Consultant

✨Tip Number 1

Familiarise yourself with the latest trends in reward strategies and pay structures. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a fast-paced environment.

✨Tip Number 2

Network with professionals in the HR and consultancy fields. Attend industry events or webinars to connect with potential colleagues and clients, which can give you insights into what companies like us are looking for in a Reward Consultant.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed projects or delivered training sessions in the past. Highlighting your experience with client engagement and presentations will set you apart from other candidates.

✨Tip Number 4

Brush up on your analytical skills, especially with tools like Microsoft Excel. Being able to interpret complex data and present it clearly will be crucial in this role, so practice analysing salary trends and creating reports.

We think you need these skills to ace Reward Consultant

Analytical Skills
Excellent Written and Verbal Communication
Client Relationship Management
Consultancy Mindset
Data Analysis
Proficiency in Microsoft Excel
Proficiency in Microsoft PowerPoint
Understanding of UK Pay Structures
Knowledge of Reward Strategies
Familiarity with Job Evaluation Methodologies
Experience in Salary Benchmarking
Presentation Skills
Training Delivery
Knowledge of Employment Legislation
Understanding of Gender Pay Gap Reporting

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Reward Consultant role. Emphasise your analytical abilities, client relationship management, and any consultancy experience you have.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of reward strategies and your ability to influence clients' employee value propositions. Use specific examples from your past experiences to demonstrate your impact in similar roles.

Highlight Communication Skills: Since excellent communication is key for this role, ensure you mention your experience presenting to senior stakeholders and conducting training sessions. Provide examples of how you've successfully engaged clients in the past.

Showcase Analytical Skills: Detail your proficiency in data analysis and tools like Microsoft Excel. Mention any experience you have with salary benchmarking or interpreting complex data, as these are crucial for the position.

How to prepare for a job interview at Portfolio HR & Reward

✨Showcase Your Analytical Skills

As a Reward Consultant, you'll need to demonstrate your strong analytical abilities. Be prepared to discuss specific examples of how you've interpreted complex data in previous roles and how those insights led to impactful decisions.

✨Prepare for Client Engagement Scenarios

Since client engagement is key in this role, think about how you would approach virtual meetings with clients. Prepare to discuss your strategies for gathering job data and presenting findings to senior stakeholders, ensuring you highlight your communication skills.

✨Familiarise Yourself with Job Evaluation Methodologies

If you have experience with job evaluation methodologies like Hay or Mercer, be ready to discuss them. If not, do some research beforehand so you can speak knowledgeably about these frameworks and how they apply to the role.

✨Demonstrate Your Consultancy Mindset

This position requires a consultancy mindset, so think about how you've built client relationships in the past. Be prepared to share examples of how you've provided tailored recommendations and supported clients in implementing reward strategies.

Reward Consultant
Portfolio HR & Reward
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