Reward Consultant
3 weeks ago
Thames Water is seeking an experienced Reward Consultant to join their team. As a Reward Consultant, you will play a crucial role in ensuring the effective development and delivery of reward-related processes and policies.
Key Responsibilities:
- Embed and deliver efficient reward processes, including annual pay reviews, out-of-cycle pay increases, annual incentives, and average holiday pay.
- Manage apprentice and graduate pay reviews, ensuring the Real Living Wage is implemented in January each year.
Project Requirements:
- Plan, develop, deliver, and embed reward-related projects based on the Reward Framework.
- Design and lead the implementation of reward change projects, including pay progression schemes, working patterns, shift allowances, and secondments.
Additional Responsibilities:
- Ensure processes are automated and streamlined, identifying opportunities for continuous improvement.
- Develop and maintain effective reward communications, coaching HR colleagues and managers to enhance their reward knowledge.
- Build strong relationships with HR stakeholders to ensure a proactive approach to reward.
- Stay up-to-date with trends and thinking in reward, bringing innovative ideas to challenge current practices.
Requirements:
- Good communication skills to advise and influence HR colleagues.
- Compensation and benefits experience, with hands-on experience of running annual pay review processes.
- Strong analytical skills, high numeracy, and curiosity to find and interrogate data using Excel knowledge.
- Experience improving and developing reward processes.
- Attention to detail and strong planning and organizational skills to deliver processes on time, accurately, and which enhance the employee experience.
What We Offer:
- Competitive salary - £50,000 - £55,000 per annum depending on experience.
- Annual leave 26 days holiday per year increasing to 30 with the length of service (Plus bank holidays).
- Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
- Personal Medical Assessments – Open to all once a year.
- Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.
About Thames Water:
At Thames Water, our purpose is to deliver life's essential service so our customers, communities, and planet can thrive.
We recognize that people are at the heart of our business and seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge.
We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.
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