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 have a requirement for a dedicated Reward Consultant to be responsible for BAU related activities.

You will play an integral role to ensure 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 thinking 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 of 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?

• Competitive salary - £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.
• Wider benefits scheme including our benefits hub, which is packed full of offers and information to save you money and support your wellbeing.

Who are we?
At Thames Water, our purpose is crystal clear - to deliver life’s essential service so our customers, communities and planet can thrive.

Water is life’s great leveller. Every living thing needs it, every single day. From people to plants, birds to bees, farms to factories, we all need it to thrive, and we’re committed to taking care of it for us all.

But keeping water flowing is becoming harder. From scorching summers to wetter winters, extreme weather affects everything from our pipes to our local rivers. We must keep millions more kettles boiling, public services operating, washing machines spinning, showers running and more, so every drop is more precious than ever. Are you ready to play your part?

Working at Thames Water
At Thames Water, we recognise that people are at the heart of our business. To help us succeed in providing life's essential service, we need a range of skills and capabilities, representative of society throughout our business.

We seek to attract and retain a cultural mix of people who can offer different but complementary attitudes, values, talents, and knowledge. We understand the importance of appreciating and harnessing the unique skills, experiences, backgrounds, and differences that each individual brings.

Our over-arching diversity and inclusion aim is to ensure Thames Water is a diverse and inclusive great place to work. We encourage applications from everyone and offer extra support for those who need it throughout the recruitment process.

Find out more about working at Thames Water.

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.