Reward Specialist

2 weeks ago

London, United Kingdom The Hyde Group Full time

Reward Specialist

London Bridge

£50,700 - £64,260

Hyde is looking to recruit a Reward Specialist.

Hyde Group is one of the UK’s largest housing providers, working across London, the South East, East Anglia and the East Midlands. At Hyde we are passionate about rewarding and supporting our employees, and we have been recognised with Industry awards forour wellbeing programme.

The Reward specialist will lead and manage the Reward team, in addition to providing specialist reward advice to the business and supporting in the design, development and implementation of Hyde’s reward, wellbeing, recognition and pay strategies to ensurealignment to business objectives.

Duties
- Evaluate and recommend a reward package to new job roles using the Willis Towers Watson Grading System and WTW General Industry Survey
- Monitor the effectiveness of existing compensation policies and procedures and recommend revisions to compete with market trends.
- Develop reward and pay strategies in line with Hyde’s strategic objectives and business priorities.
- Manage the Reward budget ensuring spend is in line with budget;
- Oversee dealings with 'outsource partners’ ensuring they are efficient and that the customer receives speedy and well delivered resolutions.
- Lead on the management of Hyde’s benefit providers, ensuring an effective and engaging mix of benefits are provided to promote Hyde as an employer of choice.
- Producing benefits related communications, presenting the annual flexible benefits roadshows
- Acting as a point of contact for reward expert advice and governance, resolving complex issues and recommending solutions and best practices
- Producing regular analysis of salary, total compensation and benefits position against the market to ensure senior management have insight to inform decision-making
- Participating in or leading (as appropriate) job evaluation assessments
- Undertaking salary benchmarking and calibration of roles for restructures and in-year salary increase requests;
- Establish an agreed KPI scorecard for the Reward team and ensure delivery to the agreed KPIs;
- Build and maintain up-to-date knowledge of innovative Reward practices within the market to adopt best practices

Essential Skills and Experience
- Reward & industry benchmarking experience
- Knowledge of the Willis Towers Watson General Industry Survey job evaluation process
- Team management experience
- Strong Excel skills
- Relationship management skills at all levels across the business
- Ability to interpret and convey complex and challenging reward information to a variety of audiences

What does Hyde Offer
- The opportunity to work with a housing provider that is truly commercial however has a strong social conscience and puts the community at the heart of what we do
- 28 days holiday
- 35 hour working week
- An award-winning benefits package that includes a fantastic pension, life assurance, medical care and an array of benefits that can be purchased.
- A blended approach to work with a requirement to spend 40% of your working week in the office.

Diversity and inclusion are integral to the Hyde Group as a social business, and critical in delivering our vision of a great home for everyone. We strive to build and nurture a culture where inclusivity is the norm and not an initiative. Many of the greatestideas and discoveries come from a diverse mix of minds, backgrounds and experiences, and we’re committed to cultivating an inclusive workplace which reflects our customer profile and where everyone is proud to be unique.

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