We are partnering with a luxury hospitality business who are looking to hire a Compensation and Benefits Manager on an initial 12-month FTC. This is a brand-new role for the business, traditionally Reward has been managed by payroll and external consultancies and now there is a need for a Reward specialist to come in and build out the compensation and benefits strategy moving forward.
This is a fantastic opportunity for individuals who like being part of a build out, to help design a stronger, competitive and more consistent reward framework moving forward.
Key Responsibilities
- Conduct a comprehensive review of the current compensation framework, including salary structures, pay bands, job evaluation methodologies and overall reward practices.
- Benchmark our total reward offering against relevant hospitality and broader industry markets, drawing on established market data and benchmarking expertise, ideally with WTW experience.
- Identify gaps, inconsistencies and areas of opportunity, developing clear, practical recommendations to strengthen the overall reward proposition.
- Review the annual pay review process to ensure greater consistency, transparency and fairness, while strengthening alignment with business strategy and performance.
- Evaluate existing incentive arrangements, including service charge distribution, bonus schemes and other performance-related reward mechanisms, assessing their effectiveness and alignment with our objectives.
- Develop proposals for a future-focused, sustainable reward framework that supports the attraction, retention, motivation and engagement of talent.
- Partner closely with Finance and HR to assess the financial, operational and organisational impact of proposed changes, ensuring recommendations are both commercially viable and practical to implement.
- Review the benefits offering and identify opportunities to improve value, relevance and colleagues engagement.
Skills
- Proven experience in compensations and benefits, ideally being part of a build.
- Excellent analytical skills with advanced Excel and/or HRIS reporting skills
- Good communication and stakeholder management skills, with the ability to influence at all levels
- Strong knowledge of UK reward compliance
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