Employment Type - Full Time - Permanent
Salary - Up to £55,000 per annum
Hours Per Week - 37.5
Somerset Bridge Group are looking for a Reward Partner to lead the design, development, and implementation of a comprehensive compensation and benefits program that assists in attracting, retaining, and motivating employees, with consideration to the regulated environment in which our organisation operates.
Key Responsibilities:
Compensation Strategy:
- Develop and implement a competitive compensation strategy aligned with the organisation's business goals and objectives.
- Conduct market analyses to ensure the organisation's salary structures remain competitive.
Benefits Administration:
- Oversee the design, administration, and communication of employee benefits programs along with any changes, to include pensions, life assurance, health care cash plans and wellness initiatives.
- Evaluate and recommend changes to benefits offerings based on market trends and employee needs.
- Supplier Relationships
Job Evaluation and Grading:
- Implement a job evaluation & grading process with support from HR team
- Ensure roles are appropriately graded and aligned with the organisation's compensation philosophy.
- Work with Talent Acquisition team to evaluate new positions as needed.
Compensation Planning:
- Manage the annual compensation planning process, including merit increases, and bonus programs.
- Provide guidance to HR and management on compensation-related matters.
Market Analysis and Benchmarking:
- Conduct regular benchmarking and market analysis to ensure the competitiveness of the organisation's compensation and benefits programs.
- Stay informed about industry trends and best practices.
Our Benefits:
- Hybrid working – 2 days in the office and 3 days working from home
- 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
- Discretionary annual bonus
- Pension scheme – 5% employee, 6% employer
- Flexible working – we will always consider applications for those who require less than the advertised hours
- Flexi-time
- Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
- 100’s of exclusive retailer discounts
- Professional wellbeing, health & fitness app - Wrkit
- Enhanced parental leave, including time off for IVF appointments
- Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
- Life Assurance - 4 times your salary
- 25% Car Insurance Discount
- 20% Travel Insurance Discount
- Cycle to Work Scheme
- Employee Referral Scheme
- Community support day
- Christmas and Summer parties
