Reward Manager

Employer
Allen & Overy LLP
Location
London (Central), London (Greater)
Salary
Competitive
Closing date
12 Feb 2022

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Vacancy Type
Human Resources, Compensation and benefits
Contract Type
Permanent
Experience Level
Manager
Role Classification
Other Professional
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Job Details

Job description

We currently have a great opportunity for a Reward Manager to join our Reward & Benefits team in Belfast or London.  The Reward & Benefits team provide expert advice and support on all aspects of reward to both the HR teams in the line and business leaders.  This includes developing new policies and reviewing existing ones to ensure our offering remains attractive and competitive.  This role will be a subject matter expert on all reward activities and a key point of contact for HR Heads and Managers (both in UK and globally) requiring specialist advice on reward matters.  They will manage the annual salary and bonus review process for specific client groups, including benchmarking, salary band recommendations, bonus pro-ration calculations and implementation of new salaries and bonuses through PeopleSoft and payroll.

Role and responsibilities

  1. Manage the annual salary and bonus review process for specific client groups;
  • Carry out annual job matching exercise, conduct detailed market review, develop salary band recommendations, conduct joiners and leavers analysis and calculate compa-ratios to help inform the overall budget setting process.
  • Guide Heads of HR and HR Managers through the process including providing timetables, training and advice.
  • Prepare bonus pro-ration calculations.
  • Working with Heads of HR and HR Managers globally and the Expatriate Tax Senior Manager to track international assignments / transfers and to ensure that salaries bonuses are processed and taxed correctly.
  • Work with the Resourcing team to track new / future joiners to ensure that salaries communicated and processed correctly.
  • Work with HR Heads and Managers to provide reward advice and recommendations for bi-annual promotions.
  • Once all proposals are finalised work closely with the HR Systems and Payroll teams to ensure that all new salaries and bonuses are implemented correctly in payroll.
  • Work with the other Reward Manager to manage the annual salary survey data submission process, including any ad-hoc salary surveys throughout the year.
  • Subject matter expert and point of contact for HR Heads and Manager requiring specialist advice on reward matters.
  • Work with HR Heads and Managers (both in the UK and globally) on ad-hoc reward projects including market analysis, salary structures, bonus scheme designs, ensuring that proposals are aligned to our global reward principles and HR strategy.
  • Work with third party providers of market data on ad-hoc market analysis projects including the development of bespoke surveys for new / emerging markets, particular market hotspots etc.
  • Maintain network with third party providers and regularly attend steering group / participant meeting.
  • Respond to requests from Finance regarding salary and bonus costings, budgets etc.
  • Assist with the running of Global Reward Network meetings.
  • Develop and maintain reward expertise;
  • Stay abreast of market developments, particularly in the legal sector.
  • Follow the development of new legislation that will impact reward policy.
  • Identify innovative ideas or best practice from other global organisations.
  • Understand local markets and who our key competitors are for talent.
  • Develop external networks and attend relevant conferences.

Key requirements

  • Graduate qualification with CIPD or similar certification.
  • Previous reward experience, ideally from a legal or professional services background.
  • Excellent IT skills especially in Microsoft Excel and PowerPoint.
  • Ability to interact at all levels of seniority, building and developing strong client relationships.
  • Strong analytical skills, with demonstrated experience of interpreting data and producing high quality, accurate management information.
  • High level of organisation skills with the ability to prioritise and manage own workload.
  • Excellent communication (verbal & written) and interpersonal skills.
  • Collaborative team player with the ability to both nurture and work in a fast paced and intellectually rigorous environment.
  • A person of sound judgement, able to establish a high level of credibility in the organisation and act as a trusted advisor.

Allen & Overy LLP is committed to being an inclusive employer and we are happy to consider flexible working arrangements.

Additional information - External

Allen & Overy is a leading global law firm operating in over thirty countries. By turning our insight, technology and talent into ground-breaking solutions, we’ve earned our reputation as a firm that leads the industry and opens up new possibilities in law. Our lawyers are leaders in their field – and the same goes for our support teams. Ambitious, driven and open to fresh perspectives, we find new ways to deliver our services and maintain our reputation for excellence, in all that we do.

The nature of law is changing and with that change brings unique opportunities. We are defined by our consistent commitment to creating a collaborative and supportive working culture and investing in your progress. We’re committed to supporting a culture that drives diversity and inclusion. Every day, we’re working hard to create an environment where you feel you can bring your authentic self to work. To be comfortable and confident to be who you are in the workplace. To feel like you belong. We offer rewarding careers that are built around your strengths and designed to ensure you can achieve your personal and professional ambitions. Joining our global team, you’ll discover what collaborating on a global scale really looks like; you’ll learn how to help drive change; and you’ll be at the heart of an organisation that’s defining the future of law. If you’re ready to find a place to thrive: It’s Time.

Company

It’s Time

Allen & Overy is a leading global law firm operating in over thirty countries. By turning our insight, technology and talent into ground-breaking solutions, we’ve earned a place at the forefront of our industry. Our lawyers are leaders in their field – and the same goes for our support teams. Ambitious, driven and open to fresh perspectives, we find innovative new ways to deliver our services and maintain our reputation for excellence, in all that we do.

The nature of law is changing and with that change brings unique opportunities. With our collaborative working culture, flexibility, and a commitment to your progress, we build rewarding careers. By joining our global team, you are supported by colleagues from around the world. If you’re ready for a new challenge, it’s time to seize the opportunity.

Find Us
Website:
Telephone
+44 (0) 20 3088 0000
Location
One Bishops Square
London
E1 6AD
GB
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