Reward Consultant

An experienced Reward Consultant is required to embark on a new, exciting journey within Thames Water. This is a pivotal time to join us, as we continue to embrace our commitment to deliver on our key objectives. We require a dedicated Reward Consultant to be responsible for BAU-related activities.

You will play an integral role in ensuring the effective development and delivery of Reward-related processes and policy, working closely with key stakeholders in HR, business leaders and our union Partnership.

What you'll be doing as a Reward Consultant

• Effectively embed and deliver efficient reward processes including, but not limited to annual pay reviews, out-of-cycle pay increases, annual incentives and average holiday pay.
• Manage the Apprentice and Graduate pay reviews and ensure that the Real Living Wage is implemented in January each year. Highlight the cost impact and any pay relativity issues associated with changes in these pay reviews.
• Ensure processes are automated and streamlined and look for opportunities to continuously improve for managers and the People Services team.
• Ensure reward communications are timely and easy to understand and coach HR colleagues and managers to help develop their reward knowledge.
• Build strong relationships with Heads of HR, HR Consultants, People Services and the Resourcing team to enable a proactive approach to reward.
• Keep abreast of trends and think in reward, bringing innovative ideas to challenge the status quo within our current practices.

What you should bring to the role?

Essential:

• Good communication skills to advise and influence HR colleagues.
• Good breadth of compensation and benefits experience gained in an operational business, this must include hands-on experience in running annual pay review processes.
• Strong analytical skills, high numeracy and curiosity to find and interrogate data using Excel knowledge.
• Experience improving and developing reward processes.
• Attention to detail and strong planning and organisational skills to deliver processes on time, accurately and which enhance the employee experience.

 Desirable:

• SAP HR knowledge.
• PowerBI knowledge.
• Working with trade unions.
• Post-secondary qualification in an analytical subject e.g. statistics, maths.
• Professional recognition i.e. CIPD.

What’s in it for you? 

An opportunity to join a company that offers their employees a rewarding career path, allowing individuals to reach their full potential.

• Competitive salary from £50,000 - £55,000 per annum depending on experience.
• Annual Leave - 26 days holiday per year increasing to 30 with the length of service. (Plus bank holidays)
• Contributory pension – Defined Contribution - Maximum of 12% -2x employee contribution.
• Personal Medical Assessments – Open to all once a year.
• Access to lots of benefits to help you take care of your and your family’s health and well-being, and your finances – from annual health MOTs and access to physiotherapy and counselling to Cycle to Work schemes, shopping vouchers and life assurance.

Find out more about our benefits and perks

Who are we?

We’re the UK’s largest water and wastewater company, with more than 16 million customers relying on us every day to supply water for their taps and toilets. We want to build a better future for all, helping our customers, communities, people and the planet to thrive. It’s a big job and we’ve got a long way to go, so we need help from passionate and skilled people, committed to making a difference and getting us to where we want to be in the years and decades to come.

Learn more about our purpose and values

Working at Thames Water

Thames Water is a unique, rewarding and diverse place to work, where every day you can make a difference, yet no day is the same. As part of our family, you’ll enjoy fast-tracked career opportunities, flexible working arrangements and excellent benefits.
Whether you’re interested in a role in one of our call centres or science labs, we’re looking for people like you with real passion and a burning desire to make things better.

So, if you’re looking for a sustainable and successful career where you can make a daily difference to millions of people’s lives while helping to protect the world of water for future generations, we’ll be here to support you every step of the way. Together, we can build a better future for our customers, our region and our planet.

The real purpose, real support, real opportunities. Come and join the Thames Water family. Why choose us? Learn more.

Our overarching aim is to ensure that Thames Water is a great, diverse and inclusive place to work. We welcome applications from everyone and offer extra support for those who need it throughout the recruitment process. We aim to remove any real or perceived barriers to success, so if you need assistance, we’re here to help and support you.

When a crisis happens, we all rally around to support our customers. As part of Team Thames, you’ll have the opportunity to sign up to support our customers on the frontline as an ambassador. Full training will be given for what is undoubtedly an incredibly rewarding experience. It’s also a great opportunity to learn more about our business, meet colleagues and earn some extra money along the way.

Disclaimer: due to the high volume of applications we receive, we may close the advert earlier than the advertised date, so we encourage you to apply as soon as possible to avoid disappointment.