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- Tasks: Lead and deliver Reward policies, processes, and projects to attract and retain talent.
- Company: Join River Island, a beloved brand with a bright future and diverse team.
- Benefits: Enjoy a 50% staff discount, free gym, flexible working, and generous holiday options.
- Why this job: Be part of a supportive culture that values progression and social impact.
- Qualifications: Strong stakeholder management, analytical skills, and knowledge of reward legislation required.
- Other info: This role is based in West London with opportunities for training and career growth.
The predicted salary is between 43200 - 72000 £ per year.
As Reward Partner, you will lead and deliver the key Reward policies, processes, activities and projects. As a Reward expert your work will support the attraction and retention of talent on the Island. You will be accountable for Reward activity such as company car management, annual Pay/Bonus reviews, benchmarking activity and Gender Pay Gap Reporting (UK and ROI).
You will partner with key members of our People team, providing expert advice and delivering a robust benefits offering to our employees. You will also line manage a Reward Administrator for support in the day to day provision of benefits to our Islanders.
Key Responsibilities
- Monitor the efficiency and impact of existing benefits matrix, making recommendations for change that are competitive and cost-effective
- Design and maintain our salary structure, including salary bands and ranges for different job positions; ensuring all compensation-related policies and frameworks meet legislative requirements
- Overseeing effective NMW uplifts, annual pay reviews, annual bonus cycle and LTIP processes including scheme rules, pay modelling and communications
- Ensure the River Island car fleet is safe, appropriate, cost efficient and meets our ESG goals; owning vendor relationships to drive competitiveness; ownership of policy maintenance
- Accountable for Gender pay reporting for UK and ROI; ensuring accurate timely reporting, and the creation of insightful, commercially-focused reports
- Provide insight into future reporting requirements, ensuring appropriate capability and systems requirements are in-place to facilitate this eg Ethnicity pay gap reporting
- Review and maintain sufficient data provision for external role benchmarking (eg Alan Jones, Radford, WTW)
- Own supplier relationships and ensure competitive renewals for all benefits providers including but not limited to PMI, flu jabs, benefits platform, pensions broker
- Identifying opportunities for continuous improvement to processes, systems and reports to improve automation and drive efficiencies
- Maintain effective relationships with stakeholders across the business and group including pensions, finance, tax and internal audit when delivering changes to reward provision
- Manage, support and guide a Reward Administrator to provide day-to-day support for the People Team and individuals across all benefits and compensation provisions
Ideal skills and experience:
- Excellent stakeholder management and influencing skills
- Detailed market knowledge of reward landscape
- Knowledge of reward-related legislation and reporting obligations
- Strong attention to detail and advanced analytical skills
- Able to write succinct reports drawing out cost benefits and people impacts
- Adept at using HRIS (Oracle experience would be advantageous) and reporting
- Understanding of key employment taxes relating to reward and benefits e.g. BIK
- Excellent organisational skills with the ability to balance multiple priorities
- Line management capability
About Us
We\’re a much-loved brand with an exciting future. Our Islanders are a diverse bunch of bright, talented people who love working together – and are proud of the work they do. Progression here can take you in all kinds of directions. This is what a career at River Island is like. And this is where yours starts.
This role is based at our Head Office in West London. Check us out here on a map.
What we can offer you:
Generous 50% staff discount so you can treat yourself to the latest products, and a bargain staff shop on site!
Reducing Islanders everyday expenses through discounts, benefits, financial advice, wellbeing solutions and more through Reward Gateway!
A free onsite gym, subsidised restaurant & café to fill you needs. Various social events to socialise throughout the year.
Every family is unique, we support Islanders with all different family setups enhanced maternity, paternity, adoption & fertility treatment. We also work closely with the Retail Trust to create dedicated support for all our Islanders!
Flexible working is a given, on top of payday and summer early finish Fridays.
Give as you earn scheme, a \’Giver Island\’ day each year and receive matched funding.
Support with upskilling through on the job training and qualifications. A succession plan if you want to progress.
A generous bonus scheme & private pension plan.
The choice to opt in for healthcare through our provider AXA.
25 days paid holiday, exclusive of Bank Holidays. With the added option to purchase additional holiday twice a year for whatever the need!
Keeping You Safe
At River Island we are committed to the safeguarding of all of our employees regardless of age or job role. We will fulfil our obligation under the Prevent duty which seeks to stop extremism and extremist views from materialising in our business. We promote and encourage the belief in British Values- including democracy, the rule of law, individual liberty and mutual respect and tolerance of different faiths and beliefs. To find out more, please visit www.gov.uk.
Our Island is made up of a diverse community, where we all belong and feel part of something bigger. We are committed to equality of opportunity and welcome applications from individuals, regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We will consider flexible working requests for all roles unless operational requirements prevent otherwise. To find out more about this interview process, check out our hiring process below. #J-18808-Ljbffr
Reward Partner employer: River Island
Contact Detail:
River Island Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Partner
✨Tip Number 1
Familiarise yourself with the latest trends in reward management and compensation strategies. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the HR and reward sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.
✨Tip Number 3
Prepare to discuss your experience with stakeholder management and how you've influenced decisions in previous roles. Be ready to share specific examples that demonstrate your ability to drive change and improve processes.
✨Tip Number 4
Research River Island's current benefits offerings and any recent changes in their reward policies. Showing that you are informed about the company’s practices will set you apart and demonstrate your genuine interest in the role.
We think you need these skills to ace Reward Partner
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward management, stakeholder engagement, and analytical skills. Use specific examples that demonstrate your ability to lead reward policies and processes.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role of Reward Partner. Discuss how your background aligns with the responsibilities outlined in the job description, particularly your experience with pay reviews and benefits management.
Showcase Analytical Skills: Since the role requires strong analytical skills, include examples of reports or analyses you've conducted in previous roles. Highlight your ability to draw insights from data, especially in relation to compensation and benefits.
Highlight Stakeholder Management Experience: Emphasise your experience in managing relationships with various stakeholders. Provide examples of how you've influenced decisions or improved processes through effective communication and collaboration.
How to prepare for a job interview at River Island
✨Understand the Reward Landscape
Familiarise yourself with the current trends and challenges in the reward sector. Be prepared to discuss how you can apply your knowledge to enhance River Island's benefits offerings and attract top talent.
✨Showcase Stakeholder Management Skills
Prepare examples of how you've successfully managed relationships with various stakeholders in previous roles. Highlight your ability to influence decisions and collaborate effectively, as this is crucial for the Reward Partner position.
✨Demonstrate Analytical Prowess
Be ready to discuss your experience with data analysis and reporting. Provide specific instances where your analytical skills led to improved processes or cost savings, especially in relation to pay reviews or benchmarking activities.
✨Prepare for Scenario-Based Questions
Anticipate questions that may require you to solve hypothetical situations related to reward management. Think about how you would approach issues like gender pay gap reporting or vendor relationship management, and articulate your thought process clearly.