Global Reward Partner, Travelex
3+ days a week in office (Kingsway, London)
Foreign exchange platform
Open for applications
Foreign exchange platform
1001+ employees
Open for applications
3+ days a week in office (Kingsway, London)
1001+ employees
Company mission
To simplify their customers’ access to international money, however and whenever.
Role
Who you are
- The role requires experience across all areas of compensation and benefits, with knowledge of pay structures, bonus/incentive design, job analysis/evaluation and benchmarking.
- With strong analytical skills you will be a team player who enjoys working collaboratively and is able to engage and build relationships with HR and wider business stakeholders
- Advanced excel and numeric skills
- Able to translate complicated Reward topics/jargon into wording that is easy understand
- Comfortably working with large datasets that delicately interconnect, whilst ensuring data integrity when moving between HRIS (Workday) and excel (and vice versa)
- Workday or larger HCM, such as SAP or Oracle, experience preferred
- Capable of working independently and as a part of a wider team
- Comfortable leading projects across multiple departments
What the job involves
- The Reward Team provides subject matter expertise on compensation, benefits, and recognition programs globally.
- It provides insights and recommendations through internal and external market reviews and analysis to ensure that data supports. The team also provides operational support on group Reward programs such as group bonuses and annual salary reviews
- The role is key in supporting on all annual Reward processes, including annual salary reviews, benefits renewals (UK), and maintaining the Job Architecture.
- It will also support the Head of Reward on projects such as incentive design, new initiatives, etc
- Lead the annual Reward processes such as pay review and bonuses
- Support the Reward Analyst in maintaining the Job Levels (Aon Radford Methodology) and complete the annual salary survey. Support on Benchmarking governance
- Review salary ranges and ensure they are up to date and capture market shifts
- Support the Head of Reward on development and research of new initiatives
- Lead on the implementation of new reward initiatives
- Preparing adhoc presentations and proposals
- Manage relationships with third party benefit providers and resolve escalated benefits + pensions queries (2nd Stage)
Salary benchmarks
Our take
As well as providing people with cash to travel, Travelex is a key supplier of wholesale banknotes to global financial institutions, central banks, credit unions, travel agencies, hotels and casinos.
The company has made strategic partnerships to further its product capabilities, most recently in the APAC region. Together with Nium it has launched its “Travelex International Money Transfer”, connecting users in Japan, Australia, Hong Kong, and Singapore with over 50 markets across the world. Meanwhile, its partnership with Kayak helps customers plan trips within its overhauled Money Card app.
Travelex is focused on further investing in developing its products. This will involve solutions that support their B2B2C aspirations and working with retail distributions to give customers the opportunity to self-serve more at the airport or pre-trip. The company’s global network and an ever-expanding list of capabilities has Travelex well-positioned to remain a strong market leader.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Additional Benefits Vary by Location
- 22 Days Plus Bank Holidays Pro-Rata
- Employee Discount Platform with Everyday Rewards by Bravo at Hundreds of Shops & Online Stores
- Employee Assistance Program
- Season Ticket Loan/Ride to Work Scheme
- Life & Dental Insurance, Critical Illness Cover
Company values
- Customer Centric - We commit to excellent service and product offerings for our customers and partners
- Colleagues at our core - We believe our colleagues are our key differentiator, we aim to create a safe and dynamic environment where all colleagues can thrive, feel supported and engaged, and reach their full potential
- Compliance culture - We have unique regulatory knowledge and capability, putting compliance and risk management at the core of our partnerships and service offerings
- Competitive advantage - We know our long-standing brand, expertise and footprint make us one of the market leading specialist providers of international money
- Committed, focused investment - We focus on optimising, investing and innovating to deliver value for our customers and partners, and our shareholders
Company HQ
Peterborough, UK
Articles
Leadership
Richard Wazacz
(CEO, not founder)Former CEO of BrickVect, and Founder of Octopus Wealth, and Octopus Labs. Became CEO of Travelex in 2022.
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