Are you ready to shape the future of our reward strategy, and make a tangible impact on how employees thrive in their careers at Arco? If you’re passionate about crafting innovative reward solutions and want to work in a innovative, forward-thinking organisation, we want to hear from you!
We are a dynamic and growing specialist merchant and services business with a turnover of circa £300m and a diverse workforce of around 1,350 colleagues, ranging from front line Operatives to Executive Directors. Our Reward Manager will be responsible for creating a reward strategy for Arco and Arco Professional Safety Services, developing and implementing reward plans that support our business objectives, drive employee engagement and are aligned with market conditions.
The role will be a hybrid position, with 2 to 3 days a week either working from home or our head office based in Hull.
Key responsibilities include:
- Developing and implementing reward strategies, policies, and programs that align with the company’s objectives and culture
- Designing and implementing pay structures that attract, motivate, and retain employees, including base pay, variable pay, and incentive plans tailored to sales roles
- Creating and managing an employee’s benefits offer including flexible benefits, pension, health, and other benefits and perks, ensuring these benefits are competitive and align with the company’s overall reward strategy
- Managing the annual salary review process and conducting market research to compare the company’s pay rates with those of our competitors for talent including benchmarking and market analysis
- Overseeing the design and administration of incentive schemes, bonus plans, and other reward initiatives and the creation and implementation of company wide recognition schemes
- Ensuring that all compensation and benefits practices comply with relevant laws and regulations including understanding tax implications, disclosure requirements, and other legal considerations
- Acting as the company subject matter expert for payroll and provide support to the inhouse Payroll team
- Ensuring that all recognition, reward and benefit schemes and policies are mobilised effectively and end-to-end administration processes are created and established in the business
- Providing expert advice and support to senior management on all reward-related matters acting as an internal consultant and providing expert advice
- Analysing compensation data to provide insights and reports that inform decision-making, including preparing reports for the Executive team, Remuneration Committee and other stakeholders
- Effectively communicating the reward strategy to employees ensuring that have a full understanding of the benefits and compensation plans available to them and contributing to the creation of a compelling Employee Value Proposition
On top of working for the UK’s leading integrated health and safety experts, you’ll also receive:
- A competitive starting salary plus up to 17% annual bonus
- 32 days holiday inclusive of bank holidays, plus the option to purchase up to 5 more days
- 2 fully paid Community Volunteering days every year
- An excellent pension and salary Life Assurance scheme
- A huge range of high street retailer discounts to help with cost of living via MyArco Perks
- Free, 24-hour access to our Employee Assistance Programme
- Access to our Learning Management System, to support your personal and career development
- Long-term service awards – we’re proud to have employees who have worked for us for 40 years
About you
The ideal Reward Manager will be/have:
- Qualifications and Experience:
- Proven experience in designing and implementing reward strategies in a comparable organisation with a similar colleague mix, i.e., a large proportion of colleagues in operational or sales roles
- Able to demonstrate a strong knowledge of compensation and benefits practices including flexible benefits, pensions, health benefits, bonuses, recognition schemes, perks, job evaluation and market analysis
- Experience of managing an inhouse payroll function
- Experience of providing data, reporting and MI for a business of similar size.
- A successful track record of partnering with or managing reward service providers, advisers and third-party suppliers
- CIPD qualification or equivalent is desirable
- Personal Attributes:
- Creditability as a proven Reward specialist who is commercial and financially literate
- A strategic thinker with a proactive approach yet happy to deliver and implement reward plans and initiatives
- Detail-oriented with a high level of accuracy with excellent analytical and problem-solving skills
- Technology and systems literate
- Strong communication and interpersonal skills, with the ability to influence and build relationships at all levels
- Ability to manage multiple priorities and meet deadlines
- Strong leadership skills and the ability to motivate and develop a direct report