Reward (Compensation) Specialist (12 month FTC) - 39 hours

Fixed-Term 12 month contract, full or part time hybrid opportunity.

Reward - Compensation Specialist

Ref: 27220

Hours: Full-time

Contracted Hours: 39

Contract Type: Fixed Term

Location: Chester House, Epsom Ave, Handforth, Cheadle, Greater Manchester, SK9 3RN

Description

Fixed-Term 12 month contract, full or part time hybrid opportunity.

We have an exciting Fixed-Term (12 Months) opportunity for you to join our Reward, Benefits & Wellbeing Team, which forms part of our wider People function.  As a subject matter expert in all things compensation, you will focus your attention on making sure our pay is competitive with the market and that we reward our colleagues fairly, equitably for the positive contribution they make to the success of Pets.

About your role and responsibilities

Within this role, you will:

• Take the lead on delivering and administering the data insights that will help stakeholders to make informed decisions relating to the Pets annual pay review and bonus processes
• Conduct benchmarking assessments using the Willis Towers Watson methodology to grade job profiles and make appropriate recommendations to hiring managers and HR colleagues as the SME for reward and compensation
• Prepare data for the annual salary survey submissions to our third-party reward partners WTW and Alan Jones.
• Build knowledge and analyse market data and provide insights into compensation and benefit trends across various markets relevant to Pets and make recommendations on how we can continuously improve our reward offering to colleagues
• Support the business on any compensation related ad hoc projects such as those relating to job architecture, allowances and premiums, long term incentive plans and National Living Wage
• Provide compensation data and analytics to support with the preparation and publication of board papers and official publications such as the Pets annual report.

About You:

Collaboration and a desire to work with cross-functional teams is essential to the success of this role, alongside an ability to demonstrate confidence. You must be comfortable engaging with stakeholders at all levels across the organisation, displaying a high level of analytical intelligence. Bringing positivity, taking pride in your work, adopting an honest and straightforward approach, and wanting to continually improve.

Essential skills:

• Extensive operational reward (compensation) experience of 3-5 years delivering successful pay review cycles, benchmarking and job evaluations, ideally either within a Plc and/or UK retail business
• An analytical mindset with the ability to work with large data sets and produce meaningful information in the most suitable format and media for stakeholders to understand
• Advanced Excel skills and attention to detail are essential, with experience in Power BI and other modelling tools also desirable.
• Highly organised and methodical in your approach to work, maintaining accurate records for auditing and a degree of flexibility when managing stakeholder expectations
• Excellent communicator both verbal and written, ability to influence and build strong relationships with both internal and external stakeholders

Desirable skills:

• Wider reward knowledge of company benefits and wellbeing initiatives, e.g. cycle to work scheme, private health care etc
• An understanding of share plans, including SAYE, LTIPs, Restricted Stock Plans and bonus deferral schemes
• Experience working with SuccessFactors HR system
• Knowledge of Willis Towers Watson job architecture and evaluation methodology

What we can offer you:

As well as a competitive base salary, we offer the following benefits to our support office Colleagues:

• Pension scheme with a 6.5% contribution made by Pets (minimum 2.5% contribution by You)
• Annual bonus participation with the potential award opportunity of up to 12% of your base salary
• 36 days annual leave; including bank holidays
• Private healthcare options for you plus family members at competitive premium rates
• Flexible and hybrid working opportunities to work part-time and from home to suit your lifestyle and personal needs
• Opportunity to bring your pet to the Support Office
• Life assurance (x4 salary)
• Cycle to Work scheme
• Holiday Purchase of up to 5 days
• Colleague Pets Discount- 20% discount for you and one family member
• Various retail discounts
• Birthday Leave - 1-day
• Pet-ernity leave – 1-day extra leave to welcome your new dog, horse or cat into your family