Head of Reward - London, United Kingdom - Euromoney Institutional Investor PLC

Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC
Verified Company
London, United Kingdom

2 weeks ago

Tom O´Connor

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Tom O´Connor

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Description

Job Advert:

ABOUT FASTMARKETS
Fastmarkets is an independent commodity pricing and information organisation with over 550 staff across 12 countries.

We are fuelled by values that brings us all together and are united by a collective passion to make a difference.

We are supported by a working model that we call "Working 3.0" that is based on flexibility and trust, which allows us to bring our best selves to work every day.


Fastmarkets is the most trusted Price Reporting Agency (PRA) in the metals, mining, agriculture, forest products, and energy transition markets.

Our price data, forecasts, and market analyses give our customers strategic advantage in complex, volatile, often opaque markets.

Our events provide forums for market participants to come together, trade, and talk through the critical issues of our times.

We are making a difference. Fastmarkets works to create transparent commodity markets through our reliable and trusted price data and market intelligence. The markets we serve are central to how economies work and are essential for our lives. By doing this, Fastmarkets helps our customers build a more sustainable world.

We are built on a 130-year foundation while bringing a digital platform to market, combining the currency of trust with the power of digital.

Most importantly, we are fuelled by our teams that, across the globe, making the amazing possible. With a deep sense of purpose and belonging, we are building an extraordinary future - together. If you would like to help build the future, we hope you will join us on our journey.

You will be joining Fastmarkets at an important time in its journey.

Although Fastmarkets was founded in 1913 (as Metal Bulletin) it is currently going through a demerger and is now a privately held UK-registered company.

It is owned by global private equity firm Astorg, a specialist investor in healthcare, software, technology, business services and technology-based industrial companies.

The next few years will be an exciting time for Fastmarkets.

It is separating from Euromoney PLC and establishing itself as a stand-alone high value high / growth market leading company.

Fastmarkets has a vibrant can-do culture.

We are at a stage in the company's evolution where we are taking our already strong company culture and leveraging it to drive our growth and success over the coming years.


JOB PURPOSE
This is a new role, reporting to the Chief HR Officer. It was created following the separation and acquisition of Fastmarkets.

This will be the first dedicated reward role in the newly formed business, so it provides the perfect opportunity to make your mark on the direction of Reward and Recognition in the organisation.

You will be accountable for setting up the Reward function and you will then lead the design and implementation of global reward and compensation strategies that support Fastmarkets goals and objectives.

As part of a lean and high performing HR team you will also to roll your sleeves up and make sure the reward activities in the organisation are delivered.

This position will play a key role in defining the global reward strategy, recommending where practices need to be aligned (local versus global) and the planning, design and administration of employee compensation, incentive and benefit programme
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PRINCIPLE ACCOUNTABILITIES

  • Working with the CHRO and Business leaders to design a global reward and recognition strategy
  • To own the global reward processes and practices to ensure they are fit for purpose and support the business strategy
  • Provide thought leadership and expertise on Reward topics to the global HR team and the wider business
  • Design and then maintain the employee benefit offering (incentive schemes, pensions and employee benefits schemes including all matters reward and recognition)
  • Managing all benefits providers (contract and cost management), and any other reward providers, to ensure Fastmarkets has the best services available for the price
  • Analysing, preparing and presenting data for the board to ensure that management have timely, accurate and insightful data on compensation and benefits.
  • Complete monthly and annual benefits administration (including the pension scheme), ensuring accurate and timely processes are followed
  • Reviewing and updating remuneration policies ensuring compliance with regulatory expectations and where required completing fillings and reporting
  • Management of budgets for all areas relating to reward and benefits
  • Design a pay strategy and conduct periodic pay surveys; conducting job evaluations; support other changes to colleague reward structures
  • Administering the annual salary benchmarking review, analysing data and providing insights to the Exec, HRBP's the rest of the HR team
  • Participate from a reward perspective in the design and implementation of a global HRIS
  • Own the process of job evaluation including the design and implementation of a global grading framework
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