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Reward Manager
2 months ago
We are seeking a highly skilled Reward Manager to join our team at GKN Aerospace. As a key member of our compensation and benefits team, you will play a critical role in shaping our total reward strategy and ensuring that our compensation and benefits programs are aligned with our business objectives.
Key Responsibilities- Support and perform job grading exercises using WTW approach and salary analysis to ensure consistency in grading and benchmark comparisons, in conjunction with relevant stakeholders.
- Analyse annual salary ranges and reviews areas of challenge.
- Prepare next year's ranges and ensure a clear, consistent and robust approach.
- Completes relevant salary surveys with external data providers, as required.
- Supports planning and preparation for the next reward season e.g. salary review/annual bonus to capture both system and process changes and associated testing.
- In conjunction with Reward Directors, supports opportunities to expand system functionality for salary review/bonus to broader groups, ensuring their needs are captured.
- Supports administration of long-term incentive plans (including share based plans) as well as ensuring systems reflect accurate information.
- Health and Wellbeing – reviews current offering and make recommendations for change. Contributes to relevant health and wellbeing initiatives.
- Provides training and education to the HR community and other stakeholders on Reward related items.
- Advanced planning for upcoming legislative changes e.g. EU pay transparency.
- Metrics and analysis of reward related trends in the workforce, with associated reporting where required.
- Supports Reward related projects in support of Business and HR Strategy.
To be successful in this role, you will need to have:
- Experience working in the performance and reward arena, with specific experience on compensation, benefits, total reward etc.
- Experienced in managing Salary and Benefits surveys & development of salary ranges.
- Experience in using systems to run compensation/incentive processes.
- Knowledge and experience of Willis Towers Watson compensation philosophy & using and applying their job grading tool.
- Able to develop and deliver training on complex reward processes to diverse audiences.
- Excellent excel skills and proficient on all other Microsoft applications.
- Must be able to communicate clearly, both written and verbally.
- Strong analytical skills.
- Must be able to effectively read, analyse, interpret and present numerical data.
- Must be organised, accurate, thorough and able to monitor work for quality.
We offer a competitive salary and benefits package, including:
- Competitive salary dependent on experience
- Industry Leading Pension Scheme = we'll match your contributions up to 8% on a 1 : 1.5 basis
- Life Assurance 8 x salary
- 25 days holiday + bank holidays
- Flexible working hours
- Income protection
- Shopping discounts
- Cycle To Work Scheme
- Employee Assistance Programme
- Virtual GP Clinic for you and immediate family
- A collaborative, dynamic working environment
GKN Aerospace is a leading global supplier of systems and components to the aerospace industry. We are committed to innovation and excellence, and we are seeking a talented Reward Manager to join our team.
We believe that our people are our greatest asset, and we are committed to providing a positive and inclusive work environment that supports the well-being and development of all our employees.
We are an equal opportunities employer and welcome applications from all qualified candidates.
