Reward specialists need to ensure that an organisation’s pay and benefits fit with the organisational context and culture, while being relative to the external market environment.

What does a reward specialist do?

Reward specialists need to understand the legal and regulatory landscapes of the reward agenda before putting together any reward strategy. They’ll typically create a total reward approach, combining a range of different pay and benefits offerings into a flexible framework which meets the diverse needs of its employees.

Your typical activities

Here are some of the activities you can expect to be involved in as a reward specialist:

  • Designing different reward elements, such as bonuses and allowances
  • Carrying out market analysis and benchmarking activities
  • Designing executive remuneration packages
  • Advising on factors which impact international remuneration, like tax
  • Creating flexible benefits packages for employees
  • Advising leaders on legislative requirements around reward
  • Producing reports on pay and reward
  • Supporting the remuneration committee in their activities.

Types of roles in reward

Here is a shortlist of the types of job titles you might find in reward. As you can see, reward specialist are at all levels of experience and seniority:

  • Reward Administrator
  • Benefits Co‐ordinator
  • Compensation and Benefits Advisor
  • Reward and Benefits Manager
  • Head of Reward
  • Director of Reward.

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