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 professional growth and impactful work.
- Why this job: Make a real difference in attracting top talent while working in a fast-paced, evolving environment.
- Qualifications: Strong analytical skills, excellent communication, and proficiency in data analysis tools are essential.
- Other info: This is a permanent position based in Hinckley, Leicestershire, requiring 5 days a week in-office work.
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: The Portfolio Group
Contact Detail:
The Portfolio Group 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 will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews, showcasing your knowledge and enthusiasm for the position.
✨Tip Number 2
Network with professionals in the HR and consultancy fields. Attend industry events or webinars where you can meet potential colleagues or clients. Building these connections can provide valuable insights and may even lead to referrals for the Reward Consultant position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed projects or delivered training in previous roles. Being able to articulate your experience in a way that aligns with the responsibilities of the Reward Consultant role will set you apart from other candidates.
✨Tip Number 4
Stay updated on UK employment laws and gender pay reporting requirements. Demonstrating your awareness of these regulations during discussions will show your commitment to compliance and best practices, which is crucial for a role focused on total reward strategies.
We think you need these skills to ace Reward Consultant
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 engagement experience, and any consultancy work you've done.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of reward strategies and your ability to influence client 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 any experience presenting to senior stakeholders or conducting training sessions. This will show your capability to engage effectively with clients.
Showcase Analytical Skills: Provide examples of how you've used data analysis in previous roles. Mention any tools you're proficient in, like Microsoft Excel, and how you've applied them to drive business decisions or improve reward frameworks.
How to prepare for a job interview at The Portfolio Group
✨Showcase Your Analytical Skills
As a Reward Consultant, you'll need to demonstrate strong analytical abilities. Be prepared to discuss how you've interpreted complex data in previous roles and provide examples of how your insights have influenced decision-making.
✨Prepare for Client Engagement Scenarios
Since client engagement is key in this role, think about past experiences where you've successfully managed client relationships. Prepare to share specific examples of how you've presented findings to senior stakeholders and the impact of your recommendations.
✨Familiarise Yourself with Job Evaluation Methodologies
Understanding job evaluation methodologies like Hay or Mercer can set you apart. Brush up on these concepts and be ready to discuss how you've applied them in your work or how you would approach them in this role.
✨Demonstrate Your Training Capabilities
You'll be expected to deliver training sessions and webinars. Think about your experience in training others and prepare to discuss your approach to making complex topics accessible and engaging for different audiences.