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Senior Reward Manager

Nottingham Building Society

Nottingham

Hybrid

GBP 50,000 - 70,000

Full time

3 days ago
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Job summary

Join a mutual society dedicated to enhancing employee experience as a Senior Reward Manager. This role focuses on developing compensation strategies and managing reward processes to attract and retain talent. We're looking for someone with a strong analytical background and a passion for improving workplace culture in a supportive environment.

Benefits

29 days annual leave plus bank holidays
Annual discretionary bonus scheme
Medicash healthcare scheme
Professional development support
Friendly and inclusive culture
Volunteer leave for community service

Qualifications

  • Strong knowledge of reward principles including pensions and incentive design.
  • Proven analytical skills; advanced proficiency in Excel.
  • Experience managing benefit schemes.

Responsibilities

  • Develop and implement Employee Value Proposition based on reward.
  • Lead annual pay reviews and bonus cycles.
  • Provide analysis to inform strategic decision-making.

Skills

Analytical skills
Communication skills
Collaboration

Education

Degree in Human Resources or related field

Job description

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Senior Talent Acquisition Partner @ Nottingham Building Society

Contract type: Permanent

Hours: Full-time, 35 hours

Location: Head Office, Nottingham (Hybrid working, minimum 2 days per week)

Application process: Please apply via the application button which will direct you to our careers site. If you require any adjustments to assist you in applying, please contact careers@thenottingham.com

We're looking for a Senior Reward Manager who brings strong analytical skills along with a genuine interest in creating a positive and motivating employee experience. In this role, you'll help shape and deliver our total reward and recognition framework—making sure it's aligned with our strategic priorities and supports our ability to attract, retain, and engage great people.

If you're motivated by the opportunity to improve the employee experience and make a real impact—this could be the role for you!

Here’s a taste of what you will be doing as a Senior Reward Manager at Nottingham Building Society: -

  • Employee Value Proposition (EVP): Develop and implement the Employee Value Proposition from a reward perspective, incorporating market insights and best practice to enhance our overall offering
  • Grading and Benchmarking: Maintain WTW grading system data and integrity of data, supporting with role grading processes and salary benchmarking
  • Reward Process Management: Lead the delivery of core reward processes, including annual pay reviews, bonus cycles, and compliance reporting, ensuring effective planning and execution
  • Compensation Analysis: Provide robust analysis and insight to inform strategic decision-making across all aspects of financial and non-financial compensation
  • Reward Expertise and Communication: Act as a subject matter expert on reward, benefits, and benchmarking—supporting the development of employee communications, training, and engagement initiatives
  • Digital Employee Experience: Responsible for optimising the digital employee experience, ensuring that HR tech solutions enhance engagement and efficiency and support the overall colleague experience considering Total Reward
  • Reward Governance and Frameworks: Oversee reward governance activities and maintain key frameworks such as grading, job evaluation, and benchmarking to ensure equity, consistency, and market competitiveness

About you: -

  • Knowledge of WTW Global Grading would be advantageous
  • Strong knowledge of reward principles, including pensions, medical and cash plans, bonus and incentive design, job evaluation, and banding
  • Up-to-date understanding of reward best practices, with experience in effectively communicating and engaging employees around reward and benefits
  • Proven analytical skills with the ability to interpret data and deliver clear, insightful analysis; advanced Excel proficiency
  • Experience managing benefit schemes and suppliers, with a collaborative approach to working across teams
  • Ability to manage multiple projects and deliver in a complex, fast-paced environment; experience in a similar reward role is desirable

Reward & Benefits -

  • A fair and competitive salary evaluated against market data, annual discretionary bonus scheme, Medicash healthcare scheme, 29 days annual leave plus bank holidays and enhanced family leave.
  • Commitment and dedication to your ongoing personal and professional development. We help you to own and grow your potential so you can be at your best in your current role and to support your future career aspirations.
  • For all full-time roles we work a 35-hour working week to promote a work/life balance, we want you to be at your best inside and outside of work.
  • A friendly and inclusive culture where teams genuinely strive to do the right thing by their colleagues and our customers.
  • A strong sustainability agenda – we’re continually finding new ways to be kinder to the environment by reducing our carbon footprint.
  • We’re passionate about giving back to the communities in which we serve as well as supporting local charities as part of the Samuel Fox Foundation. One of the many ways you can get involved is to use the 2 days per year paid leave to volunteer for causes or charities that are important to you.
  • Your health and wellbeing is our priority, we encourage this through a suite of support resources, including a team of trained mental health first aiders.

Embracing Diversity Together: -

We proudly embrace and celebrate diversity as a fundamental cornerstone of our values. We believe that a diverse and inclusive workplace is not just essential for our success but is also a reflection of the vibrant communities we serve. Our commitment to diversity extends beyond our internal culture to the way we approach advertising and engage with our customers.

Our commitment means actively working to eliminate barriers and biases that may hinder equal opportunities within our organisation. We strive to ensure that all individuals, regardless of background, have an equal chance to thrive and advance in their careers.

We acknowledge that diversity is not just a goal to be achieved but a continuous journey toward creating an environment that embraces differences and promotes equal opportunities for all. We are committed to fostering an inclusive culture that encourages collaboration, creativity, and a sense of belonging for every member of our community.

About us: -

Together we overcome barriers and shape brighter futures for our customers, colleagues and our communities.

We are a mutual, which means we don’t have shareholders. Instead, we’re owned by our members and use our money to do good, investing in our community, responsible causes, and – well, you. So, we’re always striving to do the right thing for our colleagues, communities and members.

Although our history spans over 170 years, our purpose of helping our members save, plan for and protect their financial futures is enduring. At Nottingham Building Society, we are dedicated to overcoming obstacles and turning challenges into opportunities. At the heart of our mission is our unwavering commitment to breaking down barriers and building better futures by helping our customers achieve the significant milestone of owning their own home.

Seniority level
  • Seniority level
    Not Applicable
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Human Resources

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