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Reward Specialist

4 weeks ago

Borehamwood, Hertfordshire, United Kingdom Elysium Healthcare Full time

About the Role:

We are seeking a highly skilled Reward Specialist to join our team at Elysium Healthcare. As a Reward Specialist, you will play a crucial role in supporting the design, analysis, and implementation of reward and benefits programs to ensure our employees are fairly compensated in line with industry standards and internal equity.

Key Responsibilities:

  • Conducting in-depth analysis of compensation, benefits, and reward data to inform decision-making on salary structures, bonus schemes, and benefits offerings.
  • Maintaining and updating reward-related data within HR systems to ensure accuracy for reporting and analysis.
  • Performing regular market and salary benchmarking against competitors and industry standards to ensure competitive pay practices.
  • Assisting in the evaluation and grading of new and existing roles, ensuring they align with organisational pay structures and policies.
  • Contributing to the development and review of the company's reward strategy to attract and retain talent while ensuring cost-effectiveness.
  • Monitoring and assessing the effectiveness of current employee benefits programs, proposing improvements where necessary to meet the needs of the workforce.
  • Supporting the annual salary review process by analysing employee compensation, performance data, and market trends.
  • Ensuring all reward processes are compliant with relevant legislation and company policies, including gender pay gap reporting and equal pay analysis.
  • Producing regular reports on compensation, benefits, and other reward-related metrics for senior management.

Requirements:

  • A CIPD or CIPP degree, or relevant qualification in HR, Payroll, or Finance. Or relevant in-role experience.
  • 2 years' experience in a reward or compensation analytics role, ideally within the health and social care or similar sector.
  • Experience with HRIS or compensation analysis tools.
  • Experience with PowerBi reporting.
  • Strong data analysis skills with proficiency in Excel.
  • Excellent attention to detail, with the ability to interpret complex data and provide clear recommendations.
  • Strong written and verbal communication skills, with the ability to present data insights clearly to non-technical stakeholders.
  • Proactive and solution-focused, with the ability to tackle challenges and suggest improvements in reward practices.
  • A good understanding of UK employment law and pay legislation.

What We Offer:

  • Annual salary of £40,000 - £45,000.
  • The equivalent of 33 days annual leave (inc Bank Holidays) – plus your birthday off.
  • Wellbeing support and activities to help you maintain a great work-life balance.
  • Career development and training to help you achieve your career goals.
  • Pension contribution to secure your future.
  • Life Assurance for added peace of mind.
  • Enhanced Maternity Package so you can truly enjoy this special time.

We are an established, stable, and agile company with over 8,000 employees and a unique approach to the delivery of care. With a network of over 90 services across England and Wales covering Mental Health, Neurological, Learning Disabilities & Autism, Children & Education, there is opportunity for you to grow and move. Elysium Healthcare is part of Ramsay Health Care with a global network that extends across 10 countries and employs over 86,000 people globally. We follow safer recruitment of staff for all appointments and are a Disability Confident employer, committed to inclusive and accessible recruitment. It is a requirement that all staff understand it is each person's individual responsibility to promote and safeguard the welfare of service users. All candidates will be subject to a DBS disclosure.