Compensation Strategist
1 day ago
**About Us:**
M4 Recruitment - Hemel & Dunstable is a leading company dedicated to delivering top talent solutions. We partner with clients across various sectors, providing expert recruitment services to meet their business needs.
**Job Title: Total Rewards Specialist**
We are seeking an experienced Total Rewards Specialist to lead our client's compensation and benefits strategy. This exciting opportunity involves shaping and executing a comprehensive rewards approach that aligns with business objectives and enhances employee engagement.
**Key Responsibilities:**
* Partner with senior leadership to design and implement impactful compensation and benefits strategies that support business performance and retention.* Lead job benchmarking and market reviews to ensure competitive compensation.* Oversee the design and management of a colleague benefits package, including health and wellbeing programs, salary sacrifice schemes, and more.* Develop KPIs and metrics to assess the effectiveness of reward initiatives and provide data-driven insights.* Ensure compliance with relevant compensation and benefits laws and regulations.* Manage key reward initiatives, including annual performance calibrations, incentive cycles, and recognition programs.* Drive the design and execution of strategic change initiatives related to organizational development.* Work closely with the communications team to ensure clear messaging of reward and recognition programs across the organization.
**Salary Range:** £60,000 - £80,000 per annum.
**Experience and Qualifications:**
* Proven experience in reward management within large, complex environments.* Demonstrated ability to design and implement reward strategies that support business performance and retention.* Expertise in compensation principles, job evaluation, benchmarking, and benefits design.* Strong analytical skills with the ability to turn data into actionable insights.* Excellent communication and business partnering skills, including experience engaging with senior leadership.* Sound understanding of UK employment law, salary sacrifice, and pension scheme requirements.
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