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Reward Manager

Reward Manager

The EconomistLondon, United Kingdom
30+ days ago
Salary
£50,000.00–£60,000.00 yearly
Job description

Introduction

Who we are

We are an organisation that exists to drive progress. That's the “red thread” that connects everyone at The Economist Group (TEG). Our businesses share a devotion to innovation, independence and rigour in their fields of expertise. We empower people to understand and tackle the critical challenges and changes facing the world. Our analytical rigour, global expertise and evidence-based insights enable individuals and organisations to make sense of these shifts and chart a course through them.

Our story began in 1843, when a Scottish hat manufacturer founded The Economist newspaper to further the cause of free trade. Since then, we have evolved into a staunchly independent global media and information-services company that provides intelligent thinking for an international audience. We deliver our analysis and insights in many formats to subscribers and clients in 170 countries with four businesses, each of which upholds our global reputation for excellence and integrity.

About the role

We have an exciting opportunity to become part of a global People team as a Reward Manager. The role is based in our London office and has a global remit, collaborating with colleagues in London, New York and Asia.

The role will provide support to the People and Finance functions in all areas of Reward with a specific emphasis on data analysis. Additionally, providing advice and guidance on reward programmes to People and the business. This role will play an integral part in maintaining and providing insights and initiatives which will shape the way The Economist Group analyses its data and rewards its employees globally.

Key Accountabilities :

Manage the operational delivery of compensation programmes globally, including :

  • Managing compensation review processes
  • Managing sizing & pricing of jobs
  • Managing participation in pay surveys
  • Managing the operation of short-term and long-term incentive plans
  • Advising Talent Acquisition Partners on candidate offers
  • Advising People Business Partners on reward issues generally

Manage the operational delivery of benefit programmes globally, including :

  • Manage the design, build, communication and implementation of all benefit programmes
  • Manage all benefits vendors, including both brokers and carriers of insured benefits
  • Manage the renewal of all benefit programmes, including where relevant remarketing of plans
  • Manage the US healthcare plan open enrollment process
  • Benchmark benefits programmes
  • Ensure that all benefit programmes are legal and compliant

    • Support the Head of Reward, including with :

  • Development and implementation of reward strategy
  • Reward transformation initiatives, . job architecture
  • Preparation of Remuneration Committee papers
  • Preparation of management information

    • The ideal skills for this role are :

  • Able to manage compensation programmes involving job levelling, job pricing, base pay, short term incentives and long term incentives
  • Able to manage benefit programmes involving insured and non-insured benefits, including plan design, build, implementation renewal and remarketing
  • Project management, negotiation, influencing, facilitation and collaboration, flexibility, teamwork, well rounded interpersonal and communication skills, and ability to prioritise
  • In particular role holder will need to be confident and credible in dealing with, presenting to, and influencing business stakeholders

    • The ideal experience for this role are :

  • Relevant and progressive experience in reward roles with experience of working across diverse and complex business units
  • Experience in operational management of compensation and benefit programmes
  • Experience of managing international reward issues, especially UK and US benefits and ideally including experience of US healthcare & retirement plans
  • Operated in dynamic complex multi-disciplined business environment where change is constant and demanding

    • Our enterprise capabilities below should be part of your skillset :

  • Energy and resilience
  • Emotional intelligence
  • Collaboration and teamwork
  • Customer focus
  • Commitment and excellence
  • Commercial acumen
  • Growth mindset
  • Results orientated

    • The Economist Group values diversity. We are committed to equal opportunities and creating an inclusive environment for all our employees. We welcome applicants regardless of ethnic origin, national origin, gender, gender identity, race, colour, religious beliefs, disability, sexual orientation , age or marital status.