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Reward Analyst
3 months ago
Reward Analyst Based: London, with hybrid working Term : Part-time, Contract Salary: GBP50-60k pro rata
The reward consultant will undertake a comprehensive review of the organisation's current reward strategies, including pay structures, benchmarking against industry standards, short and long-term incentive plan and the overall compensation framework. This role requires a detail-orientated professional who can analyse, recommend effective reward practices to align with the company's objectives. The consultant will also be expected to identify and suggest additional areas for improvement, focusing on best practices and innovative reward solutions.
We expect this to be an approximately 6-month contract over 2 or 3-days-per-week, which can be worked flexibly to suit your circumstances. There will be a requirement for some travel to other regional offices.
Main Responsibilities
Review of reward offerings
• Conduct a thorough evaluation of existing pay structures, assessing their effectiveness and alignment with the organisations strategic goals
• Analyse current short term and long term incentive programmes to ensure they motivate desired employee behaviour and performance
Benchmarking
• Perform comprehensive benchmarking analysis against relevant industry standards and competitors to ensure the organisations offerings are competitive and equitable
Compensation Framework
• Evaluate the current compensation framework, including job grading, pay scales and benefits, to identify gaps or areas of improvement
Recommendations
• Provide strategic recommendations for enhancing the organisations rewards structures
Best Practices and Innovation
• Versed on the latest trends, practices, and innovations in reward systems within and outside the transport industry to suggest actional insights for improvement
About You
• Proven experience in a similar role
• Trained in the Kornferry (Hay) job evaluation model, or a similar tool
About Us
ComfortDelGro is one of the largest land transport companies in the world, with a presence in 7 countries and operating a fleet of over 40,000 vehicles. Within the UK we have several brands, with the best know being Metroline, who have been operating in the UK since 1989, and are the fourth largest scheduled bus operator in London and operates about 17 percent of the city's scheduled bus services.
Our wider operations in the UK, which include; Argyle Satellite, Adventure Travel, CityFleet Networks, Computer Cab, KingKabs, Scottish Citylink Coaches, Megabus and Westbus Coach Services. These companies operate in 23 different towns and cities, offering a comprehensive range of point-to-point and public transport solutions including buses, coaches, taxis, and private hire vehicles. In March 2024 we were awarded contracts to operate four franchises in Greater Manchester by Greater Manchester Combined Authority (GMCA).
Recruitment Process Phone Interviews will happen as soon as possible after your application, followed by a 2-stage interview process.
ComfortDelGro is an equal opportunity employer and all qualified applicants will receive consideration for employment with due regard to legal obligations for protected characteristics i.e. age, disability, marriage and civil partnership, gender reassignment, pregnancy and maternity, race, religion and belief, sex and sexual orientation.
ComfortDelGro are being supported on this recruitment by Steed Business Services Ltd.
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