Compensation Lead

Job title:

Compensation Lead

Company

John Lewis Partnership

Job description

Posting End Date: November 18, 2024Join John Lewis or Waitrose todayIf you’ve ever stepped through the doors of a John Lewis or Waitrose shop, shopped online, or seen any of our adverts, you’ll know there’s something unique about us.That unique proposition is our Partners. As co-owners they have a say in our business and receive a share of the profits, so they put time and effort into making it work. Our Partners are the reason we’re the success we are. They’re our secret sauce; the opportunity for us to differentiate.Job Summary: Working pattern/flexible working – This is a hybrid working role, therefore your time will primarily be split between working from home and the Bracknell/ London Head Office. The Compensation team currently meets every 6 weeks in person.Salary range – The salary range for this role is set at £69,300 – £110,500Contract type – This is a maternity cover secondment/fixed term contract and is likely to last 12 months, ideally starting in March 2025.Job Description:The compensation team are looking for an experienced reward professional who is energetic about delivering solutions for our business. As part of the People team, you’ll work closely with the lines of business to execute reward strategies that support the Partnership plan and also remain true to our Purpose. It’s this shared purpose that drives us and we believe that by working together, in Partnership, we can help create a place with happier people, for a happier business and a happier world.What’s the role about?Working for the Head of Compensation, you will be joining a team who are continuing to deliver a refreshed pay strategy for 70,000 Partners across our business. Excellent business partnering, thought leadership and compensation expertise coupled with a track record of delivery are required to be successful in the role.You’ll be a great people leader, responsible for setting direction and strategy for a team of managers and analysts, providing support and development for Partners to contribute at their best and deliver their role outcomesYou’ll also be leading on elements of pay strategy delivery, or running our cyclical pay processes such as pay review, scoping the direction required and actions for your team to implement. You’ll be comfortable and experienced in engaging with a number of key stakeholder groups including our democratic channels, leadership and Executive teams, playing an integral role in writing the relevant material (i.e. packs and Executive/Board papers) to reach suitable outcomes for the business.What you’ll be doing?Identify the impacts of the Partnership plan and People plan on the compensation proposition, and prioritise areas to develop.Support the compensation team in their personal and professional development, prioritising their activity and ensuring outcomes are delivered to agreed standards and timelines and being the escalation route for Partners when needed.Keep abreast of all relevant legal, economic and regulatory changes and respond accordingly, working closely with the Employment Law Team.Work with the relevant teams across the function to build end to end delivery plans, capturing change activities and key milestones.Engage and partner with stakeholders effectively, within and beyond functionFocus on delivering the Partnership wide annual pay review cycle and developing/refining other pay propositions.Accountable for breaking perceived or real barriers within the organisation to foster a culture of cross-functional collaboration. Champion proposition with senior teams and seek their advocacy for change.To view the job outlineExternal applicants – please view the attached job outlineInternal applicants – please use your internal email address to viewWhat you’ll haveDeep understanding of technical reward strategies and experience of leading the development and implementation of reward propositions eg pay review in large, multi-site companiesAnalytical and comfortable dealing with large data sets in relation to payExperience and passion for leading a reward teamGood financial acumen, abreast of latest developments in economy, legislative and political landscape in relation to payExperience in managing senior stakeholder relationships and a strong business partnering attitude to get things doneConsultancy style experience could be beneficial, the work is pacey and requires multiple projects to be run simultaneously.Benefits of the Partnership and the role💻 – Hybrid Working.🏖️ – Full – time working holiday entitlement 25 days holiday, plus public and bank holidays🚗 – Car allowance⚖ – Excellent work life balance, including focus on well being and flexible working and our marketing leading equal parenthood leave Policy🐷 – Defined Contribution pension scheme where your contributions will be matched by the Partnership (up to 8% of pay) and, after three years’ service, you’ll receive an additional Partnership contribution of 4% of pay, regardless of whether you pay in or not🤑 – You’ll get Partnership discount in store and online once you complete Probation. That’s 25% off in John Lewis & Partners (12% off electrical products) and 20% in Waitrose & Partners. You’ll also be able to nominate someone you live with to share your discount🚴 – Simple cycle to work support scheme🏰 – We’re really proud of our exclusive hotels based in some of Britain’s most beautiful areas and once you’ve been with us for three months, you’re welcome to explore them🌱 – Learn more about our extensive range of exciting benefits that you could enjoy when you join us, visit –Important Information – Application and Interview ProcessThe application form consists of a CV upload followed by application questions. Please ensure you refresh the page each time you complete a task to ensure you complete everything that you need to in time. Once you’ve submitted an application the next steps of the process, if successful, are likely to include a virtual presentation and interview, followed by a meet with the Director of Reward & PolicyYou’ll be asked about any adjustments you might need to support the recruitment process. Let us know, and we’ll be sure to discuss it with you.We occasionally close vacancies early in the event we receive a high volume of applications, therefore, we recommend you apply early.Please note for internal Partners, your existing benefits will remain unchanged during the secondment.Please be aware that due to the nature and activities of this role, all successful candidates will have a DBS check carried out on them through a 3rd party registered body. For more details on DBS checks and what these entail, please visit the .For internal use only:#LI-JLPGR#LI-HYBRID#LI-HEADOFFICEPay: £69,300.00 – £110,500.00 AnnualScheduled Weekly hours: 35Worker Type: Secondee (Fixed Term)Job Level: Partnership Level 5Hours of Work: 35At the John Lewis Partnership, we embrace our differences. We want you to be you. Because, well, we know you’re at your best when you’re free to be yourself.Being a truly inclusive employer to us means creating an environment which celebrates your contribution, regardless of age, gender, race, ethnicity, disability, sexual orientation, social background, religion or belief. It’s why we’ve set our own aim to become the UK’s most inclusive business – for our Partners (employees) and our customers.We firmly believe that our future success lies in diversity of thought from all Partners and it’s integral in our mission to build a happier world. 🌍 💚We welcome applications from everyone interested in working for us. And, once you’re a Partner, your differences will make all the difference.Find out more about D&I in the Partnership .We want all of our Partners to have a good work-life balance and we support flexible working. This might mean flexible or compressed hours, job sharing or shorter hour contracts, where it is possible to do so. Please discuss this further with the hiring manager during your interview.–

Expected salary

£69300 – 110500 per year

Location

London

Job date

Thu, 21 Nov 2024 07:10:59 GMT

To help us track our recruitment effort, please indicate in your email/cover letter where (hiring-jobs.com) you saw this job posting.