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Total Reward Manager

Frazer Jones
Job LocationLondon
EducationNot Mentioned
Salary£80,000 - £90,000 per annum
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

Frazer Jones are pleased to be partnering with a leading financial consultancy business based in London. Were looking to find a Total Rewards Manager to join their HR team. This is a permanent role where youll be leading a small team, tasked with overseeingthe payroll, compensation and benefits globally.Working for a small sized business circa 100 headcount, this role will manage aspects of Payroll, benefits, compensation and global Mobility.Key Responsibilities:Compensation Management:

    • Develop and implement comprehensive compensation structures, including base pay, variable pay, and incentive programs, ensuring alignment with organizational goals and industry benchmarks.
    • Conduct regular analysis of compensation trends and market data to ensure competitiveness and equity within the organization.
    • Lead salary review processes, including merit increases, promotions, and adjustments, while adhering to budgetary constraints and compensation guidelines.
Payroll and Benefits Administration:
    • Oversee the design, administration, and communication of employee benefits programs, such as health insurance, retirement plans, wellness initiatives, and other perks.
    • Collaborate with internal stakeholders and external vendors to evaluate and optimize benefit offerings, ensuring compliance with legal requirements and industry standards.
    • Provide guidance and support to employees on benefit-related inquiries, policy interpretation, and enrolment processes.
    • Working with the external payroll provider to ensure the smooth running on the monthly payroll.
Total Rewards Strategy:
    • Develop and execute a holistic total rewards strategy that encompasses compensation, benefits, recognition, and work-life balance initiatives to enhance employee engagement and satisfaction.
    • Partner with HR leadership to align total rewards programs with talent acquisition, retention, and talent development strategies.
    • Analyze employee feedback, engagement surveys, and market insights to continuously refine and enhance total rewards offerings.
Compliance and Governance:
    • Stay abreast of regulatory changes and industry trends related to compensation, benefits, and total rewards practices, ensuring compliance with legal requirements and best practices.
    • Collaborate with legal and compliance teams to review, update, and communicate policies and procedures related to compensation and benefits administration.
    • Conduct regular audits and assessments to ensure data accuracy, integrity, and confidentiality in all total rewards processes.
To be considered for the role you must be experienced in Reward, compensation, payroll and benefits and have exposure working with a smaller size business.The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.Required skills
  • Compensation
  • Payroll
  • Reward
  • Benefits & Global Mobility

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