Compensation Lead

Job description

Job Type

HR

Location

London - Pimlico

Additional Locations

Bracknell - Waite House

Partnership Level

5

Closing Date

02/12/2024

Vacancy Type

Temporary

Salary

£69,300.00 - £110,500.00 Annual

Salary Frequency

Annual

Hours of Work

35

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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.

Our Purpose

Working in Partnership for a happier world – our shared Purpose that guides us in everything we do and inspires 3 important principles; happier people, happier business, happier world. The John Lewis Partnership is a truly unique business, one that seeks to make a positive difference to the lives of everyone.

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 outcomes

 

You’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 function

· 
Focus 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 outline

External applicants - please view the attached job outline

Internal applicants - please use your internal email address to view Here

What you’ll have

· 
Deep understanding of technical reward strategies and experience of leading the development and implementation of reward propositions eg pay review in large, multi-site companies

· 
Analytical and comfortable dealing with large data sets in relation to pay

· 
Experience and passion for leading a reward team

· 
Good financial acumen, abreast of latest developments in economy, legislative and political landscape in relation to pay

· 
Experience in managing senior stakeholder relationships and a strong business partnering attitude to get things done

· 
Consultancy 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 - https://www.jlpjobs.com/about/benefits/   

Important Information - Application and Interview Process 

· 
The 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 & Policy

· 
You'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 Government website .

For internal use only:

 

Duties and Responsibilities

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 - £110,500

Contract type - This is a maternity cover secondment/fixed term contract and is likely to last 12 months, ideally starting in March 2025.

At 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 here - https://www.jlpjobs.com/about/diversityandinclusion/