Reward Manager Job Description

Reward Manager Job Description

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Reward manager provides and present relevant project reports to senior management and stakeholders using PowerPoint, Excel, Access and SharePoint.

Reward Manager Duties & Responsibilities

To write an effective reward manager job description, begin by listing detailed duties, responsibilities and expectations. We have included reward manager job description templates that you can modify and use.

Sample responsibilities for this position include:

Deliver technical input for transactional due diligence and structure work in relation to potential exposures in connection with management shareholdings and incentive plan design
Work alongside teams of experts from several disciplines
Gain exposure to a varied client list, a varied workload and interesting professional challenges
Have excellent opportunity for progression and development
A strong tax or legal background
Experience of reward and share plans is a must
A strong working knowledge of design and implementation of tax efficient solutions in all sectors
Skills to develop opportunities and win work
Responsibility to manage projects, deliver to clients and to be involved in the development of more junior members of the team
Manage annual compensation benchmarking with team support

Reward Manager Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Reward Manager

List any licenses or certifications required by the position: CPA, ASA, JD

Education for Reward Manager

Typically a job would require a certain level of education.

Employers hiring for the reward manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Accounting, Human Resources, Graduate, MBA, Human Resources Management, Economics, Mathematics, Management

Skills for Reward Manager

Desired skills for reward manager include:

Microsoft Excel
Access and Word applications
Specialist field of Reward
But not essential
Share schemes
Within a similar organisation
Word and Powerpoint applications
Access
Compensation benchmarking methods
Excel

Desired experience for reward manager includes:

Procedures, governance and process required to track risk behaviours
Assist with annual pay review in partnership with Director and global team
Manage variable compensation programs
Manage global mobility and immigration programs with team support
Play a proactive role in driving the R&R strategy within the EMEIA region collaborating with the rest of the Centres of Expertise on all regional R&R topics as they arise
Rapidly build partnerships with the HR team and regional functions to achieve the business strategies and prepare the organisation for the future

Reward Manager Examples

1

Reward Manager Job Description

Job Description Example
Our growing company is hiring for a reward manager. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for reward manager
  • Ensure all business reorganisations and restructures are carried out in the most efficient and cost effective way balancing business needs whilst meeting legislative requirements
  • Continue to strive for R&R design & process improvement within the EMEIA region with strong focus on Retail
  • Become a key user for the SAP system for the region to assure the system is accurate and with consistent data for higher level HR activities
  • CTA qualified or equivalent legal qualifications, substantial relevant work experience gained within the reward field
  • Conduct market research and participate in market C&B related benchmarking surveys
  • Review/monitor effectiveness of existing programs to recommend improvements
  • Support the compensation review process including conducting analysis on compensation recommendation
  • Manage and administer Long Term Incentive plans for both the Wholesale and Retail Banking business
  • Keep abreast of market trends and changes in legislation to ensure compliance of existing programs
  • Experience of providing/supporting scheme actuarial services to pension schemes
Qualifications for reward manager
  • Elevate HR and senior leadership team through training in reward management best practice
  • A bachelor’s of arts/science degree from an accredited college or university
  • University degree in Maths or Economics or equivalent would be an advantage
  • HR Experience at management level, preferably in a fashion, retail environment
  • Experience of working in business-wide change programmes
  • Experience with market survey submissions and analysis
2

Reward Manager Job Description

Job Description Example
Our innovative and growing company is hiring for a reward manager. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for reward manager
  • Both independently and as part of a client team to provide a strong client service
  • A track record of winning new business and a willingness to contribute to business and practice development
  • Experience and in-depth knowledge of defined contribution pensions, life assurance, income protection, private medical and other wider benefits, in terms of both technical and market expertise
  • Ability to network within a large organisation
  • Manage the ongoing design and development of remuneration programs and projects, specifically the new remuneration framework
  • Proactively engage with business representatives to identify opportunities for further improvements to current remuneration strategies
  • Day-to-day management of incentives plans, Team Bonus Pools, Performance Fees and Carried Interest
  • Respond to requests for remuneration solutions as generated in the business
  • Run and deliver the annual salary review process and Bonus process towards HR Management
  • Regular salary benchmark and analysis, market surveys and country pay scales
Qualifications for reward manager
  • Experience of working with teams and building relationships in multi-site locations
  • Strong focus on delivery of business benefits and delivery of personal priorities accordingly with an ability to work under pressure to tight deadlines
  • Ability to adapt interpersonal style according to situation and the individual(s) being worked with
  • Fluent spoken knowledge of English, additional European Languages would be welcomed
  • Review reward tools in supporting the business in attracting the best talent
  • Facilitate the annual Reward & Recognition process, such as pay/bonus review
3

Reward Manager Job Description

Job Description Example
Our growing company is looking for a reward manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for reward manager
  • Responsible for all local insurances
  • Contribute to the further development of Reward programs and strategic management of our Benefits Portal via a third party
  • Support alignment of Reward processes, review and secure consistency on policies, procedures and practices within global guidelines
  • Develop and recommend benefits programs, salary policy lines, administrative procedures, incentives, bonuses, stock options, and other special payment plans for specific segments of the population
  • Participate in negotiation of agreements with insurance carriers and financial institutions for administration of benefits programs and provides technical backup to union negotiations on benefits matters
  • Assure that required records and reports are maintained and issued
  • Create a reward framework for the region aligned to BSI’s global reward policies & principles
  • Identifying current reward gaps to best practise, develop proposal for changing/increasing benefits to support BSI APAC becoming an employer of choice
  • Work with Country MD/GM’s and HR leads to complete global grading calibration, ensuring all roles across the region are graded properly and aligned to the global framework
  • Manage the annual pay review and bonus process across the region within global reward timelines
Qualifications for reward manager
  • Support day to day HR service delivery for Director and above roles such as building offer proposal, establishing appropriate benchmarking for new job function
  • Ensure award is delivered in alignment with global guidelines
  • Support day to day HR service delivery for Director and above roles, such as reviewing offer proposal, establishing appropriate benchmarking for new job function
  • Support HR and senior leadership team through training in reward management
  • Create, maintain and execute against a schedule of on-going remuneration compliance activities such as multi-tier review and approval of identified staff lists, remuneration policy statements, disclosures for covered entities and funds
  • Conduct compensation analysis for both remuneration regulation matters broad-based and incentive compensation plans as needed
4

Reward Manager Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of reward manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for reward manager
  • Ensures relevant approvals have been obtained and compliance with company policy
  • Carries out thorough checking to ensure accurate administration of payroll changes via PeopleSoft HR system and ADP, including new starters, leavers, salary increases, promotions, maternity leave, pension and benefit changes
  • Works closely with IPG Shared Services to ensure payroll is processed accurately and on time, resolving any queries
  • Ensures the Pension Auto Enrolment process is correctly administered via payroll each month, working with our third-party benefits consultants to review and validate the monthly auto-enrolees, communicating and processing any Opt Outs as appropriate
  • Ensures employee payroll queries are resolved promptly, as escalated from the Reward Assistant
  • Works closely with our benefits consultants, finance and Shared Services payroll teams to ensure the accurate preparation of data for P11Ds
  • Work with the SVP Reward and the broader business team to develop a global reward strategy that supports the business strategy
  • Keep up to date with market developments in the global mobility and benefits areas and provide recommendations on the changes/adjustments needed to meet business objectives and strategy
  • Continuously improve the approach to global mobility and benefits policies, operating systems, processes and efficiencies (supplier contracts, templates, calculations, global tool and data management)
  • Coordinate technical guidance and specialist advice on mobility as required by the Reward and HR community, including supporting senior moves and hires
Qualifications for reward manager
  • Committed to developing self and others, exercising good judgement, politically sensitive and astute, both internally and externally
  • Act as Reward Business Partner working closely with HR and the business as appropriate
  • Lead and manage the overall employee recognition and reward strategy for Branch Banking and act as a senior leader within the Reward & Recognition Council
  • Own and manage the Reward and Recognition programs while optimizing and maximizing the R&R budget
  • Responsible for supporting broader Employee recognition initiatives working closely with other BS&S departments
  • Supporting and ensuring employee insights are turned into actionable insights and plans to improve programs and initiative to make Branch Banking a great place to work
5

Reward Manager Job Description

Job Description Example
Our company is searching for experienced candidates for the position of reward manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for reward manager
  • Manage global contracts, ensuring excellent service levels are upheld by external providers and rates remain competitive to market
  • Experience of competitive retail/sales based remuneration and bonus based pay
  • Confidence to advise and guide stakeholders on reward and pay plan schemes
  • A broad understanding of Reward frameworks and best practices
  • Knowledge & understanding of pay and reward and day to day application
  • Knowledge of equal pay and other relevant employment legislation
  • Contribute to the design and development of compensation and benefits programs in Europe, through identification of internal/external trends, insights, and best practices
  • Provide support for implementing European and Global policies, processes, practices and tools, working with GBS, HR business leadership, and business unit leadership
  • Support the annual Compensation Planning, Job Evaluation and Global Benefits Management processes for Europe, with focus on continuous improvement philosophy, market competitiveness and alignment with Global Reward policy
  • Work closely with internal HR teams to understand local reward challenges and develop plans and business cases to address local needs whilst balancing European and Global standards
Qualifications for reward manager
  • To review clients overall compensation structures to ensure they meet strategic business objectives
  • Previous experience of working within reward gained either within consultancy
  • Develop and deploy Reward & Recognition Roadmap in Japan, Korea in partnership with Director of Reward & Recognition, Asia Pacific
  • Review and refresh reward tools and process timely to support the business in attracting, inspiring and retaining the best talent
  • Facilitate the annual Reward & Recognition process ensuring award is delivered in alignment with global principles and guidelines
  • Manage service quality of external partners in providing market data, benefits management, salary tax advice, global mobility support

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