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Do you have a passion for Pension and Benefits? Reporting to the Head of Performance & Reward, we have an opportunity for you to lead the design of our pension and benefits, ensuring this is aligned to the values, goals, and objectives of Santander UK business strategic workforce plans and our People Deal.
As the Pension and Benefits Lead, you’ll work closely with Senior Management, the HR leadership team and Strategic People Partners to develop the pension and benefits strategy in support of the business agenda, with handovers to the People Solutions pool to ensure fit-for-purpose solutions are delivered. You’ll also work in partnership with colleagues within the Reward CoE, across the Talent and Culture CoEs and other HR teams.
This opportunity sits in our newly formed Performance & Reward Centre of Excellence (‘COE’), and will support the Strategic People Solutions team forming a community of practice to share technical expertise to ensure the total reward strategy is executed effectively with the business.
The difference you’ll make:
Supporting the Head of Performance and Reward COE on all elements of pension and benefits design as part of the total reward strategy in collaboration with senior management, within HR and across functions to support the strategic and culture objectives of the Bank
To determine the medium and long-term pension and benefits strategy for the full San UK population, taking into account the divisional and organisation wide strategic priorities
Developing the pension and benefits strategy, taking input from the Reward Business Partnering and Strategic People Partnering Teams with handovers for implementation to the People Solutions Team for delivery
Leading on all pension and benefits elements of our People Deal, critically monitoring and reviewing current policies and practices and proactively recommending new and innovative strategies
Working closely with People Interactions to develop the model for delivery of the pensions and benefits strategy via our external supplier platforms and providing technical expertise for urgent issues, critical cyclical compliance, and employee experience as well as continuous process and control improvement
Carrying out data research, listening, analysis and presentation of benchmarking data in relation to pension and benefits across the full San UK population and ensure that our total reward framework remains fit-for-purpose
What you’ll bring:
These are the essential requirements you need to be successful in this role:
Excellent numerical and analytical skills with technical pension and benefits expertise and related legislation practices
Ability to communicate efficiently, build and maintain great working relationships with senior stakeholders
Proven ability to systematically analyse information and cut through complexity to bring clear, relevant and intelligible recommendations
Ability to translate complex strategic business plans into actionable programmes
It would also be nice for you to have:
Undergraduate degree in Business or Human Resource Management - CIPD HR Level 5 – or equivalent
Business and commercial awareness and making links to broader organisational strategy
Demonstrable time management skills and the ability to influence others to a desired outcome
Understanding of agile and related project management methodologies
What else you need to know:
This role is based in Milton Keynes.
We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).
If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location. We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.
If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.
Inclusion
At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.
How we’ll reward you.
As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.
Eligible for a discretionary performance-related annual bonus.
We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.
30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.
£6,000 car allowance per year.
Company funded individual private medical insurance.
Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.
Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
Share in Santander’s success by saving or investing in our share plans.
As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.
Learn more about our benefits and family friendly policies
What to do next:-
If this sounds like a role you’re interested in, then please apply.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at [email protected] or call 0870 414 9080.
Our purpose at Santander UK is to help people and businesses prosper. We are a leading financial services provider, offering a wide range of personal and commercial financial products and services, with around 15 million customers across our Retail and Corporate Businesses.
We have set ourselves an ambitious target - to become one of the best banks in the UK to work for. We’re transforming our business, creating a Simple, Personal and Fair culture in a dynamic and creative environment. We are committed to making a difference.
Our customers come from a wide range of backgrounds, and so do our people. We aim to reflect and celebrate diversity in our workplace in order to create an inclusive culture that adds real value to our business.
We care about you
In Santander, this means creating a workplace that respects your individuality and supports you to enjoy life outside work, from volunteering in the community to more family time.
We care about you and enhancing society and protecting the environment through products and services that enable people and communities to prosper. In short, it means supporting your ambitions and interests at every level.
Emerging Talent
It’s not your background or degree that matters to us. It’s not who you know or how you can blend in. We’re interested in your unique perspective, capacity to be yourself, and drive to take on challenges that will help you discover your career path.
Our programmes have been designed to bring out the best in you, providing you with the training and opportunities to set your potential free.
Our culture
The Santander Way expresses the culture we foster to ensure we deliver on our values ‘Simple, Personal and Fair’. At its core are five simple behaviours (TEAMS) which will fuel our growth, provide a shared focus and help us move faster.
When you become part of Santander you’re joining an incredible community of people with a shared respect, who put our customers at the heart of everything they do. Our behaviours guide us on our transformation journey as we innovate to help people and businesses prosper, both in the UK and globally.
Think Customer
Embrace Change
Act Now
Move Together
Speak UP
These are the foundations of how we all work and connect with each other day-to-day, and something you’ll learn even more about when you join us..
WHAT WE DO FOR OUR PEOPLE
Inclusion and diversity
We believe in equality of opportunity in all areas of employment and business, where selection and promotion is based on the relevant aptitudes and abilities to do the job. Learn more here
Santander UK is a member of a number of diversity partnership programmes including:
• Employers' Forum on Age
• Employers' Forum on Disability
• Opportunity Now
• Race for Opportunity
• Stonewall Diversity Champions Programme
Family Friendly Policies
If you’re thinking about joining us you may be interested in understanding how we support our employees who have family or caring responsibilities. Download our friendly policies here: do-careers-uk-Santander_Family_Friendly_Policies_Apr_2023.pdf
Gender Pay Gap Reporting
We are committed to creating a culture that values and champions diversity, and creates equality of opportunity for all. This is a commitment that starts at the very top of our organisation and flows throughout it.
The gender pay gap takes into account all roles at all levels of the organisation, rather than comparing pay received by women and men performing the same roles. We regularly review and analyse our employee pay to ensure men and women are treated equally when performing the same role. We are, therefore, confident that we do not have an equal pay issue at Santander UK.
Working with our unions
We have a long history of trade union recognition governed by:
a partnership agreement with Advance - the independent trade union recognised in the former Abbey and Bradford & Bingley parts of the business
recognition agreements with the Communication Workers Union - recognised in the former Alliance & Leicester parts of the business
Both unions are affiliated to the Trade Union Congress.
Health and safety
Helping to look after our employees' health has mutual benefits to the individual employee and to the business.
All managers and employees have access to guidelines, standards and procedures they need to manage safety effectively through our Health and Safety Management System.
We promote physical and mental wellbeing through:
• a quarterly health and lifestyle newsletter
• an Employee Assistance Programme that offers a free, confidential, 24/7 helpline
• face-to-face counselling
We help millions of people prosper and realise their dreams
• 196 thousand employees in the Group
• 40 training hours per employee throughout the year
• 102 million euros for our employees development
• 140 thousand volunteering hours
• 46 million euros for social programmes and projects
• Culture
• Our culture — The Santander Way — is aligned with our corporate strategy. It encompasses our purpose, our aim and our ways of working. It is the cornerstone of our bank – a responsible bank.
• Simple, Personal and Fair is how we work and that is the behaviour expected of our corporate culture.
• Simple - We offer customers an accessible service with simple products that are easy to understand. We use simple language and improve our processes every day.
• Personal - We provide our customers with a personalised service, offering them the products and services best suited to their needs. We want each and every one of our employees and customers to feel valued and treated as an individual.
• Fair - We treat our employees and customers fairly and equally; we are transparent, and we keep our promises. We create good relationships with different stakeholders because we understand that what is good for them is also good for Santander.