Total Reward Director and Business Strategist

24 hours ago


Watford, Hertfordshire, United Kingdom Smith & Nephew Full time

Total Reward Director & Business Partner

At Smith+Nephew, we design and manufacture technology that takes the limits off living. Our Total Rewards Director & Business Partner provides subject matter expertise on all aspects of reward to one of our global businesses and is also the reward leader for a designated region.

This position works closely with HR and business leadership to provide technical expertise, reward insights, and consults on the execution of the reward and benefits strategy within the global business it supports and across a designated geographic region.

Scope

  • Responsibility for all reward partnering to at least one global business.
  • Manage the relationship with third-party vendors, holding regular service management meetings to ensure they meet agreed performance KPIs/SLAs.
  • Act as a strategic reward business partner for one of our global businesses, providing proactive advice and operational support on all aspects of Total Reward.
  • Undertake comprehensive reward analysis and provide insights and advice on compensation and incentive strategies to support decision-making and business goals.
  • Provide advice in relation to pay reviews (including budgeting and forecasting) and cost optimization for the global business the role supports.
  • Provide guidance and input into organisational design, job evaluation, and market pricing of roles to ensure effective operating models and appropriate pay structures within the business.
  • In partnership with other subject matter experts within Group Reward, analyse and evaluate the effectiveness of existing reward and benefit programs to determine market competitiveness, alignment with business strategy, and ensure they are relevant and legally compliant.
  • Proactively promote and support the Group Reward activities and programs within the global business the role supports, helping to communicate and educate employees and managers on our reward strategy, principles, and programs to improve understanding and enhance engagement.
  • Partner with colleagues in the Reward function, HR, and global business services to ensure delivery of reward and benefits related transactional services in line with operating level agreements and deliver a great employee experience.
  • Provide guidance on reward policies and practices, ensuring compliance with company standards and local regulations.
  • Previous experience as a reward business partner and in designing, delivering, and managing effective reward programs.
  • A strong technical knowledge of compensation, incentives, and benefits.
  • Ability to work at pace and prioritise workload to changing business needs, with a proven track record in driving high performance and continuous improvement.
  • Excellent analytical, written, and verbal communication skills, with attention to detail and the ability to use logic and data to influence decision making.
  • Experience in building and maintaining strong working relationships with stakeholders at different levels of the organisation.

Inclusion, Diversity and Equity: Committed to Welcoming, Celebrating and Thriving on Diversity, Learn more about our Employee Inclusion Groups on our website.

Your Future: annual bonus (£23,000), life insurance, company stock saving plan.

Work/Life Balance: paid volunteering hours, flexible approach.

Your Wellbeing: private healthcare with dental care package, multisport card/my benefit platform.

Flexibility: possibility of working in a hybrid model.

Training: Hands-On, Team-Customized, subsidies for language classes, certifications, and postgraduate studies.

Extra Perks: referral bonus, recognition programme, mentoring programme.



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