Reward Strategist
1 month ago
Marston Holdings is seeking a skilled Reward Strategist to join our team. As a key member of our Talent and Reward function, you will be responsible for developing and implementing a comprehensive reward strategy that aligns with our business objectives.
Key Responsibilities:
- Design and implement total reward packages, including compensation benchmarking, benefits administration, recognition programs, and performance-based initiatives.
- Partner with senior operational and People leaders to create compelling Group reward, compensation, and benefits strategies that drive business success.
- Lead on role and salary benchmarking to ensure fair and accurate evaluations across the organisation, while conducting regular market reviews to maintain competitive compensation.
- Oversee the design, procurement, implementation, and management of a comprehensive colleague benefits package, including health and wellbeing programs, EAP, and salary sacrifice.
- Analyse compensation and benefits data to identify trends and opportunities for improvement.
- Lead the design and delivery of the annual reward and recognition program, collaborating with Senior Leadership, Operations Directors, and Managers.
- Manage key Reward projects, including annual performance calibrations and pay and incentive cycles.
- Deliver regular reports, insights, and actionable data to senior leadership as required.
Requirements:
- Demonstrable experience of designing and implementing reward and benefits strategies that support business performance and employee retention.
- Experience in change management, specifically within aligning reward programs with organisational transformation.
- Strong knowledge of compensation principles, job evaluation methodologies, and benefits design.
- Experience with benchmarking, salary surveys, and market analysis is essential.
- Advanced analytical skills with the ability to interpret data, provide actionable insights, and make strategic recommendations to inform decision-making.
- Excellent stakeholder management and business partnering skills with the ability to influence and engage at all levels of the organisation, including the Senior Leadership Team.
- Experience leading a reward team and managing the full cycle of reward initiatives, including compensation reviews, incentive plans, and benefits administration.
- Familiarity and sound understanding of UK employment law, tax regulations, salary sacrifice, and pension scheme requirements.
What We Offer:
- Healthcare cash plan.
- Staff benefits designed to suit you - from discounts on retail shopping, travel, and socialising to health and wellbeing.
- Life insurance.
- 27 days + bank holidays.
- Cycle to work scheme.
- Pension contribution.
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