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Senior Reward Manager
Job summary
A recruitment agency is seeking an experienced Senior Reward Manager located in Colchester. This key role involves leading the development and delivery of a competitive reward framework to enhance attraction and retention. The ideal candidate will be CIPD qualified or reward-specialist trained, with strong experience in salary benchmarking and framework design. You will collaborate closely with HR and Finance teams, providing analytics and insights to support organisational objectives. This exciting opportunity allows for a hybrid working model.
Qualifications
- CIPD qualified or reward-specialist trained.
- Strong experience in salary benchmarking, job levelling and reward framework design.
- Proven background in salary range design, incentive and bonus scheme development.
Responsibilities
- Lead the development and delivery of reward strategy.
- Design and implement reward frameworks, salary structures, and governance.
- Conduct salary benchmarking and market analysis.
- Maintain job architecture and levelling frameworks.
- Design and review salary ranges, incentives, and bonus schemes.
Skills
Education
Job Title: Senior Reward Manager
Location: Colchester
Salary: 70,000 p.a.
Hours: Full time, hybrid up to 2 days WFH (after training completed)
We are looking for an experienced Senior Reward Manager to lead the design, delivery and continuous improvement of a competitive, fair and transparent reward framework. This is a senior, influential role partnering closely with HR, Finance and senior leaders to ensure reward supports attraction, retention and future workforce capability.
- Lead the development and delivery of reward strategy in partnership with the Head of Reward
- Design and implement reward frameworks, salary structures and governance aligned to market best practice
- Lead salary benchmarking and market analysis using recognised providers (e.g. WTW or equivalent)
- Maintain job architecture and levelling frameworks using proprietary methodologies
- Design, implement and review salary ranges, incentives, bonus and commission schemes
- Provide reward analytics, costing models, scenario planning and senior-level reporting
- Support organisational design, job evaluation and workforce planning activity
- Improve annual reward processes and systems to enhance manager and colleague experience
- Ensure compliance with statutory pay legislation, equal pay principles and internal governance
- Build strong relationships with senior stakeholders and external reward networks
- Deputise for the Head of Reward as required
- CIPD qualified or reward-specialist trained
- Strong experience in salary benchmarking, job levelling and reward framework design
- Proven background in salary range design, incentive and bonus scheme development
- Confident using Excel and reward data for modelling, costing and insight
- Experience supporting reward change and improvement initiatives
- Able to influence senior stakeholders and work collaboratively across HR and Finance
- Experience in a regulated or multi-site environment (desirable)
This is an excellent opportunity for a senior reward professional to play a key role in shaping future reward strategy within a complex organisation.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.