Rewards Manager
Smiths News
Smiths News HQ
3d ago

About us

Smiths News is the UK’s largest news wholesaler. Our colleagues serve 24,000 retailers every day of the year, operating from 37 distribution centres.

If you share our passion, spirit and can-do attitude, you really could go much further with us.

Service and efficiency put us at the forefront of our industry and with 55% market share we are the leading player in one of the world’s fastest moving supply chains.

Our teams go further, when others stop, striving to meet to the highest standards in all we do.

The purpose of the role is to act as the lead in all matters relating to remuneration within Smiths News, working in close partnership with the People Director, business leaders, the Remco chair and the external remuneration advisor.

This encompasses management of the annual reward cycle, facilitating the alignment of reward with the business strategy, policy development and executive remuneration (including supporting the work of the Remuneration Committee), along with day to day reward issues.

About the role

  • Manage and administer the annual reward cycle including annual pay review and bonus calculation processes.
  • Provide expertise, advice and undertake necessary activities (such as job evaluation, grading, pay analysis, benchmarking, research etc.
  • in conjunction with the relevant People Business Partner

  • Lead legislative reward processes such as Gender Pay Gap reporting and National Living Wage implementation to ensure the business is compliant
  • Manage external market data providers ensuring data submissions are provided within agreed timescales
  • Support CoSec team with the annual LTIP and SAYE share scheme processes, providing input from a Reward and People team perspective
  • Support People Director with the production of Remco papers, with input from RemCo chair and external advisor
  • Work with the People Services team to provide specific data relating to the Directors Remuneration Report
  • Build relationships with HR Business Partners to understand the role that reward plays in current priorities and challenges in different departments within the business.
  • Provide reward expertise and advice to the People Team in relation to both the design of new reward arrangements, and the reward implications of restructures or other organisational changes.
  • Provide information and advice to the People team, line managers and colleagues on existing pay and benefits policies, in order to enable adherence to current policy and to provide answers to queries from the organisation.
  • Provide detailed data analysis support to the People team and Senior Management in order to support the development of proposals and effective decision making.
  • Contribute to the enhancement of reward communication across the business to improve colleague understanding and engagement
  • Contribute to reward development projects in the businesses providing knowledge and expertise to ensure successful and smooth delivery.
  • Essential

  • Experience in providing advice / contributing to the development of grading, base pay and bonus / incentive schemes in several organisations.
  • Expertise in job evaluation and grading.
  • Expertise in pay and incentive design.
  • An in-depth understanding of reward management concepts and theory.
  • Pay analysis and modelling.
  • Analytical and conceptual thinking.
  • Excellent written & verbal communication, with the ability to present complex arguments logically and simply.
  • Ability to build relationships with key HR, management and Non-Exec Director Stakeholders at all levels of seniority.
  • Able to build credibility as a reward expert with senior colleagues.
  • Accuracy and attention to detail.
  • Desirable

  • Experience with supporting Remco activities including the production of board papers and Directors Remuneration Reporting
  • Experience of reward in a logistics, distribution, warehousing, manufacturing environment or other low pay environment.
  • W hat we can offer you

  • Competitive salary
  • Pension scheme with 5% company contribution
  • Life assurance at x2 your annual salary
  • 25 days holiday (plus bank holidays)
  • Share save Scheme
  • Cycle to work
  • Taste card enrolment
  • Heath cash plan
  • Leisure discounts; Gym, holiday, Theme Parks
  • Colleague Assistance Programme
  • Inclusion and diversity is a key part of our culture. Through our Everyone In initiative, we’re working together to build a more inclusive and diverse workplace and shape a culture that embraces people from all backgrounds, experiences and orientations.

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