Compensation Expert
3 days ago
As a Senior Reward Consultant, you will play a crucial role in shaping the reward strategy for Scottish Power. Reporting to HQ in Glasgow (hybrid), this contract position has been approved for 12 months.
Key Responsibilities- Lead the delivery of key activities within the annual reward cycle, including performance management, merit, and bonus cycles.
- Work with relevant areas of HR to support the development of pay negotiation strategies through the provision of technical advice on pay movements and cost modeling of proposed changes, and assist with the negotiation of pay and conditions where appropriate.
- Provide consultancy and technical expertise across the businesses in relation to remuneration and benefits practices to enable the attraction, retention, motivation, and engagement of high-performing people.
- Maintain a highly developed awareness of external market data to provide advice and guidance based on market trends.
- Support the development of the company employee benefits program, including sourcing and designing new benefits, contract negotiation, and supplier reviews.
- Manage and negotiate contracts with external consultants and third-party service providers while building strong working relationships.
- Support annual group reward cycle processes to ensure delivery within agreed timescales.
- Keep up to date with best practices and external regulatory changes impacting the reward function.
- Identify areas for improvement in current reward policies, processes, and procedures, develop solutions, and implement changes.
- Provide remuneration and employee benefits consultancy to UK businesses, managers, employees, and HR colleagues.
- Proven ability to deliver strategic reward consultancy to a range of businesses.
- Experience in project managing the delivery of complex reward projects across a large organization.
- Experience in providing strategic reward consultancy to a complex business with different business units.
£60,000 - £80,000 per annum, depending on experience and qualifications.
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