Global Reward Partner

The Economist; Greater London; Hybrid; GBP 75,000 - 115,000; Full time

Benefits offered by this job

Hybrid working pattern

Private health insurance

Work From Anywhere up to 25 days/yr

Job summary

The Economist is seeking a Reward Partner to lead the design and delivery of global reward programmes. You will partner with People Business Partners and senior leadership to align compensation with market benchmarks and internal equity.

You will manage reward data, analytics and modelling, supporting budget planning and governance, while contributing to policy and framework improvements within a hybrid work model.

Qualifications

• Experience in a specialist Reward or Compensation role within a global, complex organisation.
• Strong knowledge of compensation, incentive plans and reward programme delivery.
• Experience using the WTW Global Grading Framework or a comparable job evaluation methodology.
• Proven experience conducting market benchmarking and salary analysis.
• Advanced analytical and modelling skills, including strong Excel/Google Sheets capability.
• Experience managing reward data and People information.
• Strong stakeholder management and influencing skills.
• Excellent attention to detail with the ability to manage multiple priorities.

Responsibilities

• Deliver annual core reward processes, including compensation reviews, short-term incentives and long-term incentive cycles.
• Coordinate reward activities across multiple business areas with governance and timelines.
• Support administration and implementation of executive and employee incentive plans.
• Ensure reward programmes are delivered in line with policy and governance.
• Act as a trusted reward advisor to People Business Partners on compensation, job architecture and benchmarking.
• Support managers with reward-related queries and provide recommendations balancing market competitiveness and internal equity.
• Build relationships with HR, Finance and leadership to support reward decisions.
• Maintain and evolve the job architecture and conduct external market benchmarking.
• Produce reward analytics and modelling to support decisions and budget forecasting.
• Prepare reports for senior stakeholders including Remuneration Committee papers when required.

Skills

Reward specialist

Compensation

Reward delivery

WTW grading framework

Market benchmarking

Excel/Google Sheets

Reward data management

Stakeholder management

Attention to detail

Tools

HiBob

Job description

Who we are

Since 1843, The Economist Group has championed independence, excellence and openness, helping people understand and tackle the critical challenges shaping the world. Today, we are building on that legacy as a global media and information-services company powered by digital innovation, analytical rigour and evidence-based insight.

Across our three businesses - The Economist, Economist Enterprise and Economist Education - we deliver trusted analysis and insights to individuals and organisations in more than 170 countries. United by a shared purpose to drive progress, we empower decision-makers to make sense of change and chart a course through an increasingly complex world.

As a colleague, you will be part of a culture that values ideas, encourages ownership and holds itself to high standards. We invest in people who are curious, thoughtful and adaptable, whether they are launching new products, reporting on global events or harnessing emerging technologies such as AI to improve how we work. Here, fresh thinking is taken seriously, ambition is matched by integrity, and great work is recognised. Working across disciplines, geographies and perspectives, we are united by a commitment to innovation, excellence and creating meaningful impact.

Want to discover more about life at The Economist Group? Follow @EconomistCareers on Instagram to discover the people, stories and opportunities that make TEG unique.

The Reward Partner supports the delivery and continuous improvement of the organisation's global reward programmes, policies and processes. Working closely with the Global Head of Reward, the role is responsible for the operational delivery of core reward activities, maintaining the integrity of reward data and job architecture, and providing expert advice to People Business Partners and business leaders on reward matters.

The role combines strong analytical capability with project management and stakeholder partnering to ensure reward programmes are delivered effectively, support business objectives and provide a competitive employee value proposition.

Key responsibilities

Reward programme delivery

• Project-manage the annual delivery of core reward processes, including annual compensation reviews, short-term incentives (bonus/commission) and long-term incentive (LTI) cycles.
• Coordinate reward activities across multiple business areas, ensuring governance, timelines and approvals are effectively managed.
• Support the administration and implementation of executive and employee incentive plans.
• Ensure reward programmes are delivered consistently and in line with policy and governance requirements.

Reward partnering

• Act as a trusted reward advisor to People Business Partners, providing guidance on compensation, job architecture, benchmarking and reward policy.
• Support managers and HR colleagues with reward-related queries.
• Provide recommendations that balance market competitiveness, internal equity and affordability.
• Build strong relationships across HR, Finance and business leadership to support effective reward decision-making.

Job architecture and market benchmarking

• Maintain and evolve the organisation's job architecture using the WTW Global Grading Framework.
• Evaluate new and existing roles, ensuring consistent job levelling and governance.
• Conduct external market benchmarking to support compensation decisions and organisational design.
• Partner with People teams to ensure roles are accurately aligned within the job architecture and career framework.

Reward analytics and modelling

• Produce insightful reward analytics to support business decisions and reward strategy.
• Develop compensation models, salary increase scenarios and incentive funding analyses.
• Analyse internal and external market data to identify trends, pay gaps and competitive positioning.
• Support annual compensation budget modelling and financial forecasting for reward programmes.
• Prepare reports and presentations for senior stakeholders, including Executive and Remuneration Committee papers where required.

Reward data management

• Regularly review and validate reward data across People systems and reward databases.
• Ensure the integrity of job architecture, grading, salary ranges and compensation records.
• Support data governance and quality assurance across reward-related information.

Salary surveys and market intelligence

• Manage participation in annual salary surveys, including data collection, validation and submission.
• Maintain relationships with external survey providers, including WTW and other market data vendors.
• Analyse survey results and communicate market insights to HR and business leaders.
• Ensure benchmarking data remains current and supports informed reward decisions.

Reward strategy and projects

• Support the Global Head of Reward in the development and implementation of the organisation's global reward strategy.
• Contribute to the design and enhancement of compensation structures, incentive programmes and reward policies.
• Lead or support reward-related project as required.
• Monitor external market trends, legislative developments and emerging reward practices to inform future reward design.

Knowledge, skills and experience

Essential

• Experience in a specialist Reward or Compensation role within a global, complex organisation.
• Strong knowledge of compensation, incentive plans and reward programme delivery.
• Experience using the WTW Global Grading Framework or a comparable job evaluation methodology.
• Proven experience conducting market benchmarking and salary analysis.
• Advanced analytical and modelling skills, including strong Excel/Google Sheets capability.
• Experience managing reward data and People information.
• Strong stakeholder management and influencing skills.
• Excellent attention to detail with the ability to manage multiple priorities.

Desirable

• Knowledge of executive compensation and long-term incentive plans.
• Experience using HR systems, knowledge of HiBob preferable but not essential
• Familiarity with pay legislation and global reward trends.

#LI-Hybrid

Working Arrangements

The majority of our roles operate on a hybrid working pattern, with 3+ days office attendance required.

AI usage for your application

We are an innovative organisation that encourages the use of technology. We recognise that candidates may utilise AI tools to support with their job application process. However, it is essential that all information you provide truthfully and accurately reflects your own experience, skills, and qualifications.

What we offer

Our benefits package is designed to support your wellbeing, growth, and work-life balance. It includes a highly competitive pension or 401(k) plan, private health insurance, and 24/7 access to counselling and wellbeing resources through our Employee Assistance Program.

We also offer a range of lifestyle benefits, including our Work From Anywhere program, which allows you to work from any location where you have the legal right to do so for up to 25 days per year. In addition, we provide generous annual and parental leave, as well as dedicated days off for volunteering and even for moving home.

You will also be given free access to all The Economist content, including an online subscription, our range of apps, podcasts and more.