Reward Manager, The Economist
International weekly newspaper
Be an early applicant
International weekly newspaper
1001+ employees
Be an early applicant
1001+ employees
Company mission
To take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress.
Role
Who you are
- Able to manage compensation programmes involving job levelling, job pricing, base pay, short term incentives and long term incentives
- Able to manage benefit programmes involving insured and non-insured benefits, including plan design, build, implementation renewal and remarketing
- Project management, negotiation, influencing, facilitation and collaboration, flexibility, teamwork, well rounded interpersonal and communication skills, and ability to prioritise
- In particular role holder will need to be confident and credible in dealing with, presenting to, and influencing business stakeholders
- Relevant and progressive experience in reward roles with experience of working across diverse and complex business units
- Experience in operational management of compensation and benefit programmes
- Experience of managing international reward issues, especially UK and US benefits and ideally including experience of US healthcare & retirement plans
- Operated in dynamic complex multi-disciplined business environment where change is constant and demanding
- Energy and resilience
- Emotional intelligence
- Collaboration and teamwork
- Customer focus
- Commitment and excellence
- Commercial acumen
- Growth mindset
- Results orientated
What the job involves
- We have an exciting opportunity to become part of a global People team as a Reward Manager
- The role is based in our London office and has a global remit, collaborating with colleagues in London, New York and Asia
- The role will provide support to the People and Finance functions in all areas of Reward with a specific emphasis on data analysis
- Additionally, providing advice and guidance on reward programmes to People and the business
- This role will play an integral part in maintaining and providing insights and initiatives which will shape the way The Economist Group analyses its data and rewards its employees globally
- Manage the operational delivery of compensation programmes globally, including:
- Managing compensation review processes
- Managing sizing & pricing of jobs
- Managing participation in pay surveys
- Managing the operation of short-term and long-term incentive plans
- Advising Talent Acquisition Partners on candidate offers
- Advising People Business Partners on reward issues generally
- Manage the operational delivery of benefit programmes globally, including:
- Manage the design, build, communication and implementation of all benefit programmes
- Manage all benefits vendors, including both brokers and carriers of insured benefits
- Manage the renewal of all benefit programmes, including where relevant remarketing of plans
- Manage the US healthcare plan open enrollment process
- Benchmark benefits programmes
- Ensure that all benefit programmes are legal and compliant
- Support the Head of Reward, including with:
- Development and implementation of reward strategy
- Reward transformation initiatives, e.g. job architecture
- Preparation of Remuneration Committee papers
- Preparation of management information
Salary benchmarks
Our take
Founded in 1843, the Economist is one of the best-known and well-read current affairs publications in the world, able to boast an ever-growing international circulation of around 1.5m readers. With sections ranging from US business news to the best new books & art, The Economist is a key figure within the huge journalism market.
Given its big market share, the key question for The Economist will be where it goes from here. Likely, the plan will be to carry on with business as usual. Critically, unlike many of its competitors, during the coronavirus pandemic The Economist has seen little decline in business, even as sales of paper-newspapers have declined globally. In particular, this is because the Economist has been operating a hybrid system of online and paper news for many years now, and so its core business has had relatively little to adapt to during the pandemic.
So, the key thing for The Economist will be ensuring that it keeps producing high-quality journalism into the future. In an age where the news is constantly plagued by distrust and misinformation, The Economist has a golden opportunity to set itself apart as a quality institution going forward.
Kirsty
Company Specialist
Insights
Company
Company benefits
- Team +/ individual performance bonuses
- Extended life assurance
- Training and development programmes
- Funding available for further education
- Work from home opportunities
- Health insurance
Company values
- Independence
- Integrity
- Excellence
- Inclusivity
- Openness
Company HQ
London, UK
Articles
Leadership
Lara Salameh Boro
(CEO (Not Founder))Lara has prevoiusly been CEO at Top Right Group and Informa. They are also a Non Executive Director at RWS HOLDINGS PLC.
People progressing
Joined as Digital Marketing Specialist in 2016, promoted three times since to Head of Owned Audience.
Diversity & Inclusion at The Economist
- Commitment to equal opportunities and inclusion
- Applications from all backgrounds encouraged
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