Rewards Consultant
- Posted 08 August 2025
- LocationCity of London
- Job type Contract
- Discipline Energy & Utilities, Technology
Job description
Rewards Consultant - Energy Sector - Contract
6 months initial contract
2 days a week in Canary Wharf
Inside IR35
Rewards Consultant responsibilities
Strategic Planning & Alignment
Assess current reward structures and identify areas needing focus/adjustment specific to that of varied functional pay practices that currently arise.
Align reward strategy with new business goals, organizational design, and talent strategy that align to REMCO governance.
Benchmark compensation against market data for new or redefined roles focusing on Korn Fery benchmarking.
Model cost implications of proposed changes to pay structures or benefits.
Job Evaluation & Role Mapping
Conduct job evaluations/levelling for newly created or significantly changed roles.
Support role mapping to ensure consistency in grading and levelling across the new structure.
Compensation Design & Analysis
Design or revise base pay structures, incentive plans, and allowances that support the new merged Retail business.
Analyse pay equity and internal parity across the new structure.
Develop transition plans for employees moving between grades or roles.
Benefits Review & Harmonization
Review and harmonize benefits offerings across business units or geographies.
Evaluate total reward packages for competitiveness and alignment with employee needs.
Communication & Change Management
Develop communication materials to explain changes in rewards to employees.
Partner with HR and leadership on change management strategies.
Provide training and guidance to HRBPs and managers on new reward frameworks.
Reporting & Stakeholder Engagement
Prepare executive-level reports on reward impacts and recommendations.
Present findings and proposals to senior leadership or steering committees.
Collaborate with Finance, Legal, and HR teams to ensure cross-functional alignment.
If this sounds of interest, apply now!