To develop and lead the UK’s Total Rewards (TR) strategy, and the design and planning of the TR programs, policies and procedures in line with the TR Guiding Principles and the business objectives. This will include matters related to compensation, benefits, retirement, wellbeing, short and long-term incentives and recognition schemes. Will ensure that Rewards programs enhance the organization's ability to recruit, retain and engage the talent needed to drive the business forward. Will be the TR subject matter expert across the UK, representing the TR Function to the Business HR Team, and the wider Business. Will also act as the conduit across key HR functions as needed, including the Corporate/Global TR Teams and leadership.
Core Job Responsibilities
- By understanding the business priorities, will design and implement a long-term TR strategy and roadmap to Ensure TR programs remain competitive and relevant to ensure the company attracts and retains the talent needed
- Manage projects involving the design & delivery of Rewards programs/initiatives including driving the initial administration and communications with the relevant teams, closely managing the matrixed relationship with the Business, Human Resources and Centers of Expertise (COEs)
- Provide expertise and guidance in the local market dynamics, including labor/remuneration regulations and social structure for the Business HR population and workers representation
- Engage and consult with Business HR and Leaders to develop, and where necessary deliver, TR education material and communications to increase the awareness and value of TR’s value proposition
- Partner with the TR Excellence Team and Business HR to lead on the annual Rewards planning process
- As needed, connect with leading Rewards practitioners and consultants on best practice approaches, trends and strategies and legal compliance, feeding back to relevant TR and HR colleagues
- By understanding the business needs, support and enable the TR Excellence function to provide technical expertise and support for Rewards programs administration and communication, including job grading, complex compensation offers/mobility packages, short and long-term incentive programs queries and buy-outs
- Serve as Project Manager for defining business requirements for Rewards projects and ensure service level agreements are met with delivery standards in compliance with the agreement
- Drive Enterprise TR strategies with close collaboration with Global Functional TR Consultants and other TR Functions.
- Partake in the DB and DC pension committees representing the company Own the DC Pension committee by working closely with pension advisors to determine agenda for DC committee meeting