Reward Manager
London, UNITED KINGDOM Accounting / Management control
Job description
Reward Manager
Location: CHANEL Head office, London
Reports to: Head of Reward, UK Region
Contract: 12 Month Fixed Term Contract (Maternity Cover)
Your role @CHANEL:
We are seeking a detail-oriented and analytical Reward Manager to join our People & Organisation team. This role is crucial in ensuring that our compensation and benefits programmes are run effectively and aligned with company goals and industry standards. The ideal candidate will have a strong understanding of compensation structures and data analysis.
What impact you can create at Chanel:
· Be a subject matter expert on compensation and benefits.
· Oversee the management and communication of our benefits offering, including health insurance, clothing allocation, service awards, cycle scheme, well-being platforms and other employee benefits.
· Contribute to projects related to compensation and benefits like gender pay gap or implementation of EU directives.
· Manage the annual compensation process from end to end, including budget planning, salary & bonus benchmarking and analysis, and the implementation of salary decisions.
· Submit annual reports for salary benchmarking by matching employees to pay codes using the WTW framework.
· Manage survey vendor relationships and company’s participation in salary and variable compensation surveys.
· Conduct market research and analysis to benchmark compensation and benefits programmes against industry standards.
· Ensure compliance with all regulations related to compensation and benefits.
· Manage aspects of performance management, talent, and well-being.
· Work closely with the People Solutions and Finance teams to ensure accurate data management and reporting related to compensation and benefits.
What you will bring to the role:
· Bachelor's degree in Human Resources, Business Administration, or a related field is desirable
· Proven experience at a Reward Manager level
· Strong analytical skills and attention to detail
· Excellent communication and interpersonal skills.
· Proficiency in HRIS (Workday preferred) and Microsoft Office Suite with advanced Excel skills
· Excellent program management skills, knowledge of annual review processes and WTW Job Grading methodology and benchmark process
· Ability to work collaboratively with cross-functional teams.
· Ability to work independently on multiple projects at once and prioritise workloads
You are energised by:
· Working in a highly collaborative team and with multiple stakeholders including Retail, Finance, Legal etc.
· Delivering end to end processes and celebrating success
· Contributing in the on-going and companywide version of sustainability. Sustainability is one of CHANEL’s key performance drivers, embedded into our ways of working we require continued collective action from all employees to deliver on CHANEL’s House Sustainability Ambitions across our four key areas:
· Restoring Nature and Climate
· Investing in Circularity
· Advancing dignity and prosperity
· Promoting the autonomy of women
What you will gain from this experience:
· Expanding your expertise in best-in-class Reward practices
· The UK Region plays a pivotal role in delivering on CHANEL’s House Sustainability Ambitions. Transforming our business and leaving a lasting positive impact on people and planet will require the collaborative efforts of everyone across our House. As an employee of CHANEL, you will be an important part of this journey.
Benefits at CHANEL
Our employee benefits have been created to support you across your professional and personal life by offering you:
· Physical Wellbeing: Private Medical Insurance covering pre-existing medical conditions and ability to add family members, Online GP App with 24/7 appointments available within 24 hours and Cycle Scheme participation for a tax-exempt bike and/or accessories
· Financial Wellbeing: Pension, Life Assurance and Retail Discounts across multiple retailers including Supermarkets, Gyms, Days Out and 100’s more
· Mental Wellbeing: Employee Assistance Programmes and Other Support Lines
· Platforms: Multiple Platforms to support across Wellbeing
· Lifestyle: Arts & Culture Ticket Discounts across major London attractions, CHANEL Product Discounts and Employee Only Sales
· Employee Recognition: Service Awards Programme offering CHANEL Products, Retail Vouchers and Additional Holidays across milestones
*Benefits are eligibility dependent and subject to change at any time
At Chanel, we are focused on creating an inclusive culture that nurtures personal growth, contributing to collective progress. We believe the uniqueness of each individual increases the diversity, complementarity and effectiveness of our teams. We strongly encourage your application, as we value the perspective, experience and potential you could bring to CHANEL.