Executive Compensation Analyst - 12mth Month Fixed Term Contract - London (Hybrid Working)

Date: 17-Sep-2022

Location: London, GB, EC1A 1AA

Company: Royal Mail Group

Job reference number 279780

Executive Compensation Analyst - 12mth Month Fixed Term Contract - London (Hybrid Working)

Competitve Salary

18% Bonus Potential

£4,800 Car Allowance

Full Family AXA Health Care

Royal Mail Defined Contribution Pension Scheme

Full time

Fixed Term

Royal Mail Farringdon, London, EC1A 1AA

 

 

We have an exciting opportunity for an Executive Compensation Manager to join us on an 12 Month Fixed Term Contract - You will ensure the Executive Remuneration agenda is fully supported, with necessary inputs such as papers, market data and input from external advisors.

 

You will liaise with key parts of the organisation including Finance, Legal and Comms to ensure that incentive arrangements are executed and communicated in line with legal requirements and deputise for the Reward & Performance Director as appropriate.

 

This is a Hybrid London based role with requirement for travel to the office and meetings at least 2 days per week.

 

About the role

 

You will support the delivery of the Executive Remuneration agenda, including drafting papers for the Group Remuneration Committee.

 

Lead on the drafting and production of the Directors’ Remuneration Report, including liaising with other parts of the business on data, timing, language and sign-off.

 

Support the development of incentive schemes, including the design work, costing, metric selection and communication.

 

Work closely with the Finance team to ensure all incentives are accrued for properly and advise of any key changes.

 

Ensure all executive share plan grants are made in a timely, legal and appropriate way, with clear communication, for the senior manager population.

 

You will work with the Performance Manager to ensure a strong link between performance and reward, including the design of the annual bonus and allocation of said budget.

 

You will be the primary point of contact for grading and evaluation policy issues, with responsibility for grading and reward reporting across the Group.

 

Act as the reward lead for Central Functions on grading, offers and compensation issues and for Senior Hires.

 

Maintain a current knowledge of the external market, including key trends in pay levels and remuneration structures.
 

About You

 

To be successful in this role, you will have the following skills and attributes;

 

Key Skills 


•    Superb attention to detail.
•    High level of numeracy skills and financial understanding
•    High level understanding of reward practices 
•    High level understanding of both defined benefit and defined contribution pension plans
•    Ability to communicate effectively both written and orally.
•    Ability to forge strong, positive working relationships across the business and externally
•    Ability to understand concepts quickly and articulate them to others.
•    Strong knowledge of reward policies and practices in a broad range of organisations, with the ability to adapt and apply that knowledge to the current (future) environment.
•    Ability to operate in high levels of change and ambiguity
•    Commercial and financial acumen
•    Excellent analysis and presentation skills
•    Ability to collaborate as part of a team to create business change

 

Essential Experience
•    Experience of working in large, complex, multi-national, organisations (PLC's, FTSE 250/350 listed)
•    Extensive experience of designing incentive schemes in different structures, with a broad range of stakeholders.
•    Experience of working with a range of inputs and evolving a common solution agreeable to all parties.
•    Experience in successfully managing a team to drive high performance

 

Extra Benefits


•    Generous holiday entitlement of 27.5 days (plus bank holidays), increasing with years completed service
•    Company pension scheme with competitive contribution rates 
•    RMG Share Schemes - partnership and matching share offer
•    Family friendly support - enhanced maternity pay, paternity leave, adoption leave, shared parental leave and childcare vouchers
•    Discounts and offers - there are more than 800 offers to help you save on things like groceries, days out, holidays and your household bills*.
•    Supportive and generous company sick pay
•    Access to our Feeling First Class service, providing both mental and physical wellbeing support
•    Lifestyle benefits - You can purchase a car, bike, home technology or mobile phone, or choose from a range of health benefits and insurance products. You make regular payments from your salary, and so could save on tax*.  
•    Financial support - information and services to help you manage debt and grow your financial knowledge, with debt consolidation & savings plans*
•    Your peace of mind with - Healthcare CashPlan, Dental Cover, Additional Life (life insurance) & Additional Life Partner, Hospital & Death Benefit Plans; Voluntary Critical illness & Voluntary Critical illness Partner
•    Free & discounted RMG products - free keep safe & redirection, partner discounts 
•    Free stamps at Christmas
*Available only to perm employees

 

Your career in safe hands

 

At Royal Mail we value our people and we want our people to be proud to work for our businesses. 


We have the assets, the infrastructure and the scale that others don’t, yet we are a big part of the communities we operate in, making billions of precious deliveries each year. We are responsible for the largest B2B customer database in the UK and are one of the largest employers in the UK, providing one in every 194 jobs.

 

An operation of this size needs a strong support network, and the HR, Legal, Finance, IT, Risk & Governance, Customer Experience, Sales & Marketing departments are all integral to helping us to utilise the latest technology and business approaches to optimise, automate and digitise our operations. 

 

Royal Mail is a forward thinking, innovative organisation, that is also committed to reducing emissions and improving air quality in our communities. This includes investing in technologies such as electric vehicles, drones, alternative fuel trucks and energy improvements to our estate. 


For more information about Royal Mail’s values of being positive, brilliant and part of it, please click on the link below:
About Us (royalmailgroup.com)

 

Next Steps

 

 

Closing Date: 16th October  2022. Please note, this advert may close early if the appropriate number of applications has been reached.

#RMG #Your career start here


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