Reward Strategy Specialist
1 day ago
We are seeking an experienced Reward Strategy Specialist to join our team at Anderson Knight. This is an exciting opportunity for a talented professional to play a pivotal role in shaping our reward landscape and helping us attract, engage, and retain the best talent in the industry.
Salary:The estimated salary for this position is around $100,000 per year, depending on location and experience.
Job Description:About Us: Anderson Knight is a leading provider of HR services, supporting key clients with their appointment of top talent. Our team is dedicated to delivering exceptional results, and we are seeking a skilled Reward Strategy Specialist to join our ranks.
Key Responsibilities:
- Contribute to the development and execution of a comprehensive reward strategy, aligned with the organisation's values, objectives, and market trends.
- Provide expert advice to leadership on reward trends, regulatory changes, and best practices, ensuring strategic alignment with long-term goals.
- Regularly review, refine, and implement reward policies to ensure they are competitive, fair, and compliant with regulations.
- Lead in designing, benchmarking, and maintaining compensation structures, including salary bands, bonuses, and incentive programs, to support recruitment, retention, and performance objectives.
- Conduct job evaluations, market analysis, and salary benchmarking to inform pay decisions.
- Manage and analyse reward data, developing insights and reporting on KPIs, to drive decision-making and demonstrate return on investment.
- Review and enhance the benefits offering to remain competitive, effective, and valued by employees.
- Collaborate with benefits providers, manage renewals, and optimise programs to support employee well-being and engagement.
- Provide employees with relevant information and education to maximise their understanding and use of available benefits.
- Support the development of performance and recognition programs that promote a culture of high performance and align with organisational objectives.
- Regularly assess and improve recognition programs, ensuring they are meaningful and inclusive.
- Ensure compliance with legal requirements and industry regulations related to reward and benefits.
- Maintain internal policies and procedures for reward, collaborating with HR and finance to ensure accurate and ethical management of rewards.
Ideal Experience and Background:
- Proven experience in a reward-focused role, with a track record of influencing and implementing reward strategies.
- Strong analytical and quantitative skills, with proficiency in data analysis tools.
- Excellent communication and interpersonal skills, with the ability to influence and advise stakeholders at all levels.
- Up-to-date knowledge of reward best practices, legal requirements, and industry trends.
Why Join Our Client?
This is an exciting opportunity to play an instrumental role in shaping our reward landscape and helping us attract, engage, and retain the best talent in the industry. If you're passionate about making a meaningful impact on employee rewards and ready to influence our future direction, we'd love to hear from you.
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