Reward and Benefit Specialist
1 month ago
Job Title: Reward & Benefits Specialist
Location: Solihull, Hybrid
Hours: Full time, Permanent
______________________________________________
At BNP Paribas Personal Finance, we're part of a global bank and are proud to be a Top Employer UK, providing a great place to work in an open and inclusive environment.
We're here to provide simple and straightforward consumer finance solutions and we work with many well-known retailers and brands to help their customers finance their purchases in a responsible way.
We care about making a positive impact for our colleagues, customers, partners, and the wider community. That's why we live by our values of we're positive, we're brave, and we own it.
The Role:
Are you ready to make a significant impact by optimising our Rewards offering?
As our Reward and Benefits Specialist, you will lead and manage all aspects of our Reward and Benefits programme. There is lots to get involved in, including reviewing our Benefits package and driving changes where you see opportunity. You'll act as our benchmarking specialist, using WTW (Willis Towers Watson) and You will be heavily involved in the annual pay review process. There is also opportunity to shape bonus schemes across the business, and work with the wider talent team around recognition, retention, and long-term incentive plans, to attract and retain top talent.
This role offers the autonomy to drive key projects, collaborate with various departments, including Group Head office in Paris, and manage incentive schemes. There is opportunity to make impact, delivery best practice and play a pivotal role in our overall success.
Join us and help create a rewarding workplace.
Key Responsibilities:
Ensure compliance with PF Group and local compensation policies, maintaining governance and control.
Lead the annual Compensation Review Process (CRP), managing PFUK's salary and bonus budgets.
Oversee compensation and benefits processes, including expatriate benefits, HMRC, and tax matters.
Conduct salary benchmarking to support talent attraction and retention, ensuring pay equity.
Manage PFUK incentive schemes, ensuring they drive desired behaviours and adhere to governance frameworks.
Participate in BNP Paribas UK benefits meetings to stay informed about new initiatives.
Lead reward and benefit projects, including annual SIP and Bonus waiver processes.
Deliver the annual UK flexible benefits programme, Spectrum, with thorough testing and effective communication.
Oversee data provision for the annual P11D process and manage the company car fleet and ARVAL Ignition Scheme.
Produce accurate reports, ensuring data integrity and quality, and support HR team members in accessing data.
Skills & Attributes:
Proven experience in a Reward & Benefits role (Must)
Experience of job levelling / job evaluation tools (Must)
Compensation & Benefits knowledge.
Financial Services Experience.
Industry related qualification.
Strong attention to detail and communications skills.
Ability to understand and support change.
Strong relationship building skills.
Could this be you?
BNP Paribas Personal Finance believe it's a positive attitude and passion to make things happen that matters most.
What's in it for you?
As well as working for a Top Employer UK 2024 and being part of a team that changes customer's lives, there are some excellent benefits too. We offer a competitive salary, a contributory pension scheme, and our Health Cash plan scheme. You also receive access to our multi-award-winning flexible benefits platform designed to provide you with the best range of benefits available to suit your lifestyle including life insurance and private medical insurance. There are also perks which give you fantastic discounts off eating out, cinema tickets, days out and much more. Follow this link to learn more about careers at BNP Paribas Personal Finance
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