Reward Senior Manager
Posted on Dec 12, 2018 by Michael Page Human Resources
A leading peer to peer Lender based in London is looking for a Reward Senior Manager to join their wider Human Resources and Personnel team
Peer to Peer lending
Reward Senior Manager
The Compensation & Benefits Manager will partner with Director of Total Rewards and the People Team to deliver a compelling value proposition for the entire company, specific for UK and Continental Europe.
They will play a critical role in the implementation of global compensation and benefit programs. Additionally, they will assist with the analysis, development, and implementation of existing and new total rewards initiatives, policies, and procedures to drive the achievement of company goals and ensure competitive compensation and benefits programs are in place.
Partners with business leaders to design and implement competitive compensation and benefits programs that meet the needs of the company.
Develops, implements, and manages the strategic direction of base pay, variable pay, health and welfare plans, and other benefit/perk programs.
Provides technical expertise and proactive guidance to monitor and maintain competitive positioning, and to advance and scale the companies compensation and benefits programs to keep pace with the companys growth.
Works with external consultants and professional industry organisations to understand and benchmark market practices.
Manages compensation surveys, conducts related analysis, researches market competitive practices, recommends new programs or enhancements based on cost/benefit analysis and benchmarking.
Manages the planning and design of the bi-annual compensation salary planning process.
Provides counsel on the creation and analysis of job descriptions to ensure internal and external equity.
Manages the annual open enrollment process, annual review and bidding process for plans, and benefits planning.
Makes certain that changes to retirement programs incorporate the companys strategic objectives, satisfy legal requirements, and achieve a balance between market practice, employee needs, and the companys ability to fund the plan.
Work closely with People Partners to build and maintain compliant programs and procedures.
Monitors and implements changes to ensure compliance with global regulations.
Experience for the Reward Senior Manager:
Significant experience in Global Compensation and Benefits/ Total Reward.
Knowledge of compensation salary planning, incentive programs, equity plans, and market pricing.
Strong preference for experience working in both private and public company environments.
Strong preference with Board/Remco experience; including preparing Board materials and DRR.
Knowledge in administration of U.K. Shares Scheme, Equity, and Options Knowledge in managing and maintaining retirement programs required
Knowledge of U.K. pension is vital
Knowledge in administering global mobility and relocation programs and policies.