Reward Analyst/Advisor, Open to flexible working

Location
City of London
Salary
£40,000 - £50,000 per annum
Posted
05 Apr 2018
Closes
01 May 2018
Ref
320BR
Contact
Wellcome Trust

Reward Analyst/Advisor, Open to flexible working

About the job

To succeed in this role, you will:

  • Salary Review: co-ordinate the annual salary review process, including budget modelling recommendations. Develop briefing materials for line managers, consolidate, analyse, and report on proposals, raise and resolve queries, and drive general staff communications.
  • Bonus scheme: manage the bonus scheme and ensure that it supports the performance management framework. Develop clear definitions of the bonus categories that are understandable by everyone across the various divisions and that recognize the weight of our Principles.
  • Salary Benchmarking: establish, develop, and maintain mechanisms for monitoring market trends and pay levels and provide high quality external market information and analysis
  • Support Reward and Project teams in the development of a new pay structure LTIP: work with the Investments and Finance Divisions to ensure the effective operation and approval of LTIPs, managing the calculation, and approvals of awards, payments and associated activities
  • Compliance: monitoring external statutory, legal and other best practice trends which may have an impact on Wellcome's remuneration practices, and proposing changes to our practices as appropriate
  • Prepare the April 2018 Gender Pay Gap Report and ensure it is communicated appropriately internally and externally

About you

To succeed in this role, you'll need to have:

Background / Experience:

Essential

  • Demonstrable reward/compensation experience, with broad knowledge of benefits and recognition schemes
  • Current knowledge of best practice in reward and benefits
  • Experience of pay benchmarking job evaluation systems, career frameworks and job families

Desirable

  • Familiarity with LTIPs, HR Information Systems, Thomson's Online technology , Willis Towers Watson and McLagan methodologies and market data. Understanding of GDPR requirements.

Skills:

Essential

  • Highly numerate and analytical
  • Highly developed Excel proficiency -advanced user
  • Excellent prioritisation skills and able to manage challenging deadlines
  • Good communication skills (written and verbal)
  • Ability to present reasoned/credible arguments both verbally and in writing
  • Accuracy and attention to detail with ability to analyses data and highlight any issues

Desirable

  • Strong time management/personal organisational skills
  • Project management skills
  • Collegiate, with developed team work skills

Education & Qualifications:

  • A degree is essential and a CIPD qualification desirable

About us

We believe great ideas can change the world and improve health for everyone. At Wellcome, we help great ideas to thrive by supporting scientists and researchers, taking on big problems, fuelling imaginations and sparking debate.

Wellcome isn't just a supporter of great ideas; it's a great place to work. We offer excellent benefits and help our employees to develop in an open, respectful culture where differences are valued.

Next steps

If you are talented and passionate about our work and want to use your skills, knowledge and experience to improve health for everyone, then we'd like to hear from you. You can apply using the link below.

 

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