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- Tasks: Lead the design and delivery of innovative compensation and benefits strategies for a dynamic workforce.
- Company: Join a forward-thinking organisation committed to attracting and retaining top talent.
- Benefits: Enjoy hybrid working, generous leave, bonuses, and exclusive discounts.
- Why this job: Make a real impact on employee satisfaction and organisational success.
- Qualifications: Experience in reward management and strong analytical skills required.
- Other info: Flexible hours and excellent career growth opportunities await you.
The predicted salary is between 36000 - 60000 £ per year.
As a Reward Partner, you will play a lead role in shaping and delivering our compensation and benefits strategy for a workforce of 700 employees. You’ll design, develop and implement innovative reward programs that attract, retain and motivate top talent, ensuring alignment with our business goals and compliance within a regulated environment. We can be flexible on this role being full-time (37.5 hpw) or part-time (22.5 – 30 hpw).
What you'll be responsible for:
- Compensation Strategy: Develop and implement a competitive compensation strategy aligned with the organisation's business goals and objectives. Conduct market analyses to ensure the organisation's salary structures remain competitive.
- Benefits Administration: Oversee the design, administration, and communication of employee benefits programs along with any changes, to include pensions, life assurance, health care cash plans and wellness initiatives. Evaluate and recommend changes to benefits offerings based on market trends and employee needs.
- Supplier Relationships:
- Job Evaluation and Grading: Maintain the WTW job evaluation & grading process with support from HR team. Ensure new roles are appropriately graded and aligned with the organisation's compensation philosophy. Work with Talent Acquisition team to evaluate new positions as needed.
- Compensation Planning: Manage the annual compensation planning process, including merit increases, and bonus programs. Provide guidance to HR and management on compensation-related matters.
- Market Analysis and Benchmarking: Conduct regular benchmarking and market analysis to ensure the competitiveness of the organisation's compensation and benefits programs. Stay informed about industry trends and best practices.
- Compliance and Reporting: Prepare and submit required reports.
- Stakeholder Management: Support Talent Management Cycle & Outputs.
- Data Analysis and Metrics: Work with HR Team and HR Analytics to assess the effectiveness of compensation and benefits programs. Prepare and present reports on key metrics to senior leadership.
What you'll need:
- Prior experience operating at Reward Partner or Manager level.
- Strong understanding of compensation methodologies, market pricing, and benefits administration.
- Excellent analytical and quantitative skills.
- Knowledge of relevant employment laws and regulations.
- Exceptional communication and interpersonal skills.
Our Benefits:
- Hybrid working – 2 days in the office and 3 days working from home.
- 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
- Discretionary annual bonus.
- Pension scheme – 5% employee, 6% employer.
- Flexible working – we will always consider applications for those who require less than the advertised hours.
- Flexi-time.
- Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs.
- Electric vehicle – salary sacrifice scheme.
- 100’s of exclusive retailer discounts.
- Professional wellbeing, health & fitness app - Wrkit.
- Enhanced parental leave, including time off for IVF appointments.
- Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
- Life Assurance – 4 times your salary.
- 25% Car Insurance Discount.
- 20% Travel Insurance Discount.
- Cycle to Work Scheme.
- Employee Referral Scheme.
- Community support day.
Reward Partner in Bristol employer: Somerset Bridge Group
Contact Detail:
Somerset Bridge Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Partner in Bristol
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interview by researching the company and its culture. Think about how your skills align with their goals, especially in compensation strategy and benefits administration. Show them you’re not just a fit on paper but a perfect match for their team!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the role. Plus, it keeps you fresh in their minds as they make their decision.
✨Apply Through Our Website
Make sure to apply directly through our website! It shows you're genuinely interested and helps us keep track of your application. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Reward Partner in Bristol
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Partner role. Highlight your experience in compensation strategies and benefits administration, and don’t forget to showcase your analytical skills. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your past achievements in reward management and how they align with our goals at StudySmarter.
Showcase Your Communication Skills: As a Reward Partner, you'll need exceptional communication skills. In your application, demonstrate your ability to convey complex information clearly. Whether it's through your CV or cover letter, let us see your interpersonal flair!
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. Plus, it shows you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Somerset Bridge Group
✨Know Your Numbers
As a Reward Partner, you'll need to demonstrate your analytical skills. Brush up on key metrics related to compensation and benefits. Be ready to discuss how you've used data in past roles to influence decision-making or improve programmes.
✨Showcase Your Strategy Skills
Prepare to talk about your experience in developing compensation strategies. Think of specific examples where you aligned reward programmes with business goals. This will show that you understand the bigger picture and can contribute to the organisation's success.
✨Understand Compliance Inside Out
Familiarise yourself with relevant employment laws and regulations. Be prepared to discuss how you've ensured compliance in previous roles. This will highlight your attention to detail and commitment to maintaining standards.
✨Engage with Stakeholders
Communication is key in this role. Think of examples where you've successfully managed relationships with various stakeholders. Be ready to explain how you’ve navigated differing opinions to achieve a common goal, as this will showcase your interpersonal skills.
