The Role

Are you an experienced Reward professional looking for a new challenge?

We are looking for a collaborative, professional and personable Reward professional to London Business School as Reward Manager. This standalone role is responsible for developing and delivering effective Reward Management that aligns with the School’s strategic priorities, fostering an environment where talent is attracted, retained, and appropriately rewarded across all staff groups.

This role sits within the People Services team and then the wider People team and reports directly to the Executive Director, People Services. 

Main Responsibilities

• Conduct regular benchmarking and market analysis to ensure compensation packages remain competitive, equitable, and aligned with market trends.
• Evaluate and recommend adjustments to salary structures based on market insights and internal data.
• Oversee the end-to-end administration of pensions and benefits, including tasks such as pension auto-enrolment, assisting payroll with contribution uploads, processing opt-outs, and preparing member statements.
• Manage a variety of employee benefits programs, such as cycle-to-work schemes, eyecare vouchers, and season ticket loans.
• Support the Executive Director, People Services in assessing current benefits programs and recommending enhancements to drive employee satisfaction and retention.
• Partner with the Employee Experience team to deliver cohesive and comprehensive wellbeing benefits for staff.
• Collaborate with Learning & Development (L&D) colleagues to ensure pension and benefits information is accurate and effectively communicated to new starters.
• Coordinate with third-party pension advisors to provide a seamless and positive experience for staff and faculty.
• Create and monitor purchase orders while processing associated invoices accurately and on time.
• Assist in designing and implementing reward strategies that align with the School’s strategic goals and priorities.
• Effectively communicate reward programs and policies to both staff and faculty, ensuring clarity and engagement.
• Support the annual Enabling Performance process by managing the pay element and related activities.
• Prepare and present detailed reports on reward-related topics for the People Leadership Team, offering insights and recommendations.
• Conduct regular analysis of pension and benefits data, such as pension scheme opt-out rates and benefit enrolment, to identify trends and inform future initiatives.
• Serve as the first point of contact for reward-related queries, providing guidance and support through the team’s help-desk system.
• Collaborate with People Team colleagues to ensure integrated and cohesive benefits and wellbeing programs.
   

Who we are looking for

• Extensive experience in managing reward services within complex organisations.
• A relevant professional qualification or substantial equivalent experience.
• Deep understanding and expertise in conducting job evaluation and job analysis.
• Proven expertise in managing and administering pension schemes.
• Comprehensive experience in managing and executing end-to-end pay review cycles.
• Advanced knowledge and experience in designing and implementing innovative compensation packages.
• Strong analytical skills with the ability to interpret complex data and provide actionable insights.
• Exceptional influencing skills, with expertise in negotiation, collaboration, and driving consensus.
   

Why London Business School

London Business School; a global and vibrant business community based in two of the world’s most dynamic cities, London and Dubai. It’s where extraordinary minds and diverse perspectives connect, to have a profound impact on the way the world does business and the way business impacts the world. We offer best in class hybrid learning to our students and participants, whilst creating a flexible, supportive and dynamic working environment for our people to excel in, whatever their location

What you can expect from us

• Generous annual leave of 27 days plus extra days between Christmas and New Year
• Generous pension package, 14.5% employer contribution (in return for employee enrolment and contribution)
• Free onsite gym and swimming pool
• Amazing range of professional development to support your career path
• Enhanced cycle to work scheme
• Wellbeing offering to support your physical, mental and financial health
• Up to 5 days paid emergency leave for staff who have caring responsibilities for a family member, dependent or friend who is ill.

All enjoyed in a Smart (hybrid) Working environment so we’re looking forward to discussing how, where and when you might work best to deliver in your new role.

Our commitment to driving inclusion and belonging 

We are a globally reaching institution, committed to creating tangible and sustainable change in driving inclusion & belonging within our School, education and society at large.  We are dedicated to creating an environment where everyone in our community feels they belong and thrive. This is a key school priority, and we want everyone who joins LBS to feel respected, welcomed, and heard. 

Candidates needing sponsorship should assess their eligibility for a Certificate of Sponsorship by evaluating their circumstances against the relevant criteria before applying

Please note we start screening CVs and interviewing candidates from the start of a campaign. A successful candidate could progress to offer before the advertised closing date. We encourage you to apply as soon as possible if you are interested in any roles.

Closing date- 22nd January 2024

London Business School