Reward Manager

Posted 15 Days Ago
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Hammersmith, Hammersmith and Fulham, London, England
Mid level
Retail
The Role
The Reward Manager leads reward initiatives, advises on compensation, manages pay reviews and benchmarks, and collaborates with HR and Finance for strategy execution.
Summary Generated by Built In

Reward Manager

We are looking for a dynamic Rewards Manager to lead reward initiatives, providing advice and council to teams and managers on compensation matters, supporting development opportunities aligned with industry best practices.

About the Role

The Reward Manager is a critical role in the execution of our total reward strategy and the delivery of our annual processes, including pay and bonus reviews.  The role will lead on market benchmarking, providing advice and guidance to HR Business Partners and senior leaders, ensuring our approach is balanced between the business
needs, and the retention and attraction of top talent. The role will pro-actively contribute to the development of our total reward strategy as part of our Employee Value Proposition.

  • Act as a reward partner, providing comprehensive advice on pay and reward matters aligned with market practice and the Harrods reward strategy.
  • Utilise strong understanding of benchmarking and external market practices to tailor advice for distinct business areas.
  • Support the development of compensation structures aligned with job family and band structures for better career navigation and reward decisions.
  • Be an expert in benchmarking methodology (WTW), independently benchmarking roles and managing the benchmarking processes.
  • Oversee the execution of pay reviews, bonus, pay committee, and commission processes, ensuring seamless delivery and effective use of Workday functionality.
  • Collaborate with HR and Finance to monitor headcount, budgeting, and forecasting, while keeping up to date with industry trends, legislative developments, and reward practices.
     

About You

You are a specialist in reward matters with a deep understanding of industry best practices. With strong business acumen, you can effectively link business strategy to people practices. Your analytical skills enable you to dive into the details while keeping sight of the bigger picture.

  • You have experience managing internal relationships to ensure the successful delivery of reward initiatives and bring an inquisitive, challenging mindset to continuously improve existing processes
  • You possess advanced Excel skills, enabling you to work comfortably with large data sets.
  • Your ability to manage multiple projects and tasks in parallel, coupled with your strong communication skills, allows you to liaise with and influence senior stakeholders effectively.

About Us

Harrods is one of the world’s leading luxury department stores and we’re becoming a destination for top designers, and the most sought-after brands from around the globe. Our combined mission is to make visiting our iconic Knightsbridge store one of the world’s most inspiring shopping experiences.

Our Promise to You

Help us make the impossible possible for our customers and we’ll do something remarkable for you. As well as offering a friendly environment to inspire your best work, we provide abundant opportunities and support to build an exceptional career across the varied specialisms of our business. In return you’ll receive an excellent benefits package, including a company pension, flexible working, 25 days’ holiday, and your birthday off, up to 33% in-store discount (including across our food hall and restaurants), and a season ticket loan.

Uniquely You

Whilst our job adverts outline the ideal qualities, skills, and prior experience for the role, we believe in the potential for growth and value individual strengths. If you can demonstrate the majority of skills and strong experience to thrive in this role, we would encourage you to apply. 

At Harrods we believe the personality and authenticity of our people sets us apart. We celebrate and invite applications from all cultures, backgrounds, tastes, and experiences and are proud of our culture where people from all walks of life can grow and thrive. What makes you unique makes us exceptional.

If you want to know more about our people and our culture, search #TogetherHarrods on LinkedIn, Facebook or follow us on Instagram @togetherharrods 

Additional Information:

Time Type:

Permanent

Department:

Reward & Benefits (Gemma Curtiss)

Top Skills

Excel
Workday
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The Company
London,
6,402 Employees
On-site Workplace
Year Founded: 1849

What We Do

As many lives, generations, cultures and stories pass through our doors, our mission remains unchanged: to serve the needs and aspirations of our customers, to create new stories and bring moments of delight. Whomever they are and wherever they come from, our customers can always expect to be treated with grace, courtesy, and care. #TogetherHarrods

Open since 1834 by Charles Henry Harrod and now owned by Qatar Holding Authority, we are truly unique - a house of maisons, a modern atelier, a workshop of wonders, a convener, patron and celebrator of the world’s finest. Known around the world as one of the great luxury emporiums, we offer a transformative experience to customers who know that true value of exceptional goods and services lies beyond price. We are committed to excellence and artistry, inspired to reinvent and surprise, ensuring our position as a leader in the category.
Our people are our strength - their unique personalities and their desire to exceed expectations are what enables us to make the impossible possible for our customers.

Our customers are at the heart of our success. They’re the reason we exist, and we never forget it. And we’re always looking for new exceptional people who want to connect to them, to delight them and to become part of our story

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