HR and Reward Manager

2 days ago

Wrexham, Wrexham, United Kingdom Chetwood Bank Full time

We're a UK-based digital bank dedicated to getting the basics right and offering straightforward savings and mortgages

As a Performance and Reward Manager you will be working as part of the People Team. You will be responsible for establishing and maintaining Chetwood's compensation framework, with the aim of motivating our colleagues to improve productivity and overall company performance whilst ensuring governance structures are maintained.

*This is a Fixed Term Contract for 12 months.

Key Responsibilities

  • Develop and maintain competitive and fair compensation structures (e.g., salary bands, bonuses and stock options).
  • Ensure that compensation packages are aligned with market trends, industry standards and organisational goals.
  • Oversee employee benefits programs including health insurance, retirement plans, wellness initiatives and other perks.
  • Evaluate the cost-effectiveness and employee satisfaction levels of current benefit offerings. Stay updated on legal regulations and ensure benefits compliance.
  • Design, implement, and manage incentive schemes (e.g., performance bonuses, profit-sharing, and employee recognition programs).
  • Conduct regular compensation benchmarking and salary surveys to ensure competitiveness within the industry.
  • Conduct quarterly MI reports for the QPCC and Board.
  • Work closely with senior leadership and HR business partners to understand the strategic goals and needs of the organisation.
  • Collaborate with line managers to ensure that reward strategies are aligned with employee performance and business outcomes.
  • Promote and communicate the value of reward programs to employees, ensuring clarity on how rewards are determined and distributed. Collect employee feedback and continuously improve reward programs based on this input.
  • Ensure reward programs are designed to help attract top talent and retain key employees. Collaborate with the TA team to ensure that compensation packages are competitive in the job market.
  • Gender Pay Report Produce the data to support the publication of the gender pay report.

Skills, Knowledge and Expertise

  • Relevant degree or equivalent experience
  • Preferable to have a Reward qualification.
  • Analytical and reporting skills

Benefits

  • Competitive salary
  • 25 days holiday PLUS your BIRTHDAY off
  • Pension contribution with Royal London
  • Life Assurance
  • Private medical, dental and optical health insurance with Axa
  • Hybrid working – Wrexham
  • Free breakfast available

Data Protection

We anticipate that we will retain your data as part of the recruitment process for no longer than is necessary for the purpose for which it was collected unless we have sought your consent to keep your data for future suitable job vacancies.

Cifas

The personal information we have collected from you will be shared with Cifas who will use it to prevent fraud, other unlawful or dishonest conduct, malpractice, and other seriously improper conduct. If any of these are detected you could be refused certain services or employment. Your personal information will also be used to verify your identity. Further details of how your information will be used by us and Cifas, and your data protection rights, can be found by [].

Chetwood Bank does not accept speculative or unsolicited CVs from Recruitment Agencies. Any unsolicited CVs received will be treated as the property of Chetwood Bank and Terms & Conditions associated with the use of such CVs will be considered null and void.

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