Performance and Reward Practice Lead

6 months ago

Melbourne, Australia Australian Unity Full time

**Join us and let’s make a bigger difference together.**

It’s an exciting time to be joining Australian Unity - we have grown significantly over recent years and are transforming to capitalise on further growth opportunities to help our customers and employees thrive. We operate with commercial principles and with a strong social purpose to create community value. Australian Unity is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Established in 1840, we’re Australia’s first member-owned wellbeing company. Today we have over $1 billion in revenue and provide smart solutions and services to more than 700,000 Australians. We employ over 7000 people and our purpose is to **Help People to Thrive**.

**Your New Role**:
The Employee Reward and Benefits Lead primary objectives are to:
Provide expert advice related to the design, development and implementation of employee and benefits programs that meet the needs of the business, are market competitive, and have a positive impact across all domains of wellbeing.

Oversee and lead the operational aspects of the reward and benefits frameworks, including HRIS modules, in partnership within People & Culture Business Partners.

**Your New Role**:

- Support setting reward strategies, including fixed and variable compensation, employee benefits, and recognition programs that drive a high-performance culture aligned to our strategic deliverables.
- Undertake comprehensive research and analysis to identify best practices, benchmarks and trends in remuneration across the diverse range of sectors we operate.
- Ensure that all reward and benefit programs comply with relevant legislative and regulatory requirements.
- Establish and monitor key performance indicators (KPIs) to measure the effectiveness of reward and benefit programs.
- Regularly assess program outcomes and adjust strategies as needed to drive employee engagement and organisational success.
- Lead design and implementation of market competitive compensation structures, including fixed and variable components, employee benefits, and recognition programs.
- Led the delivery of the annual compensation review process including the development of the compensation review tool (SuccessFactors)
- Provide analytics and benchmarks across the various markets year-round to inform compensation decisions, including during the annual fixed and variable compensation reviews ensuring market competitiveness.
- Lead design and implementation of market leading employee benefits supporting employee wellbeing as part of our employee value proposition.

**About You**:

- Experience in providing strategic and commercial performance and compensation advice and insights
- Understanding of Human Resources Information Systems highly regarded
- Strong understanding of increasing regulation/legislative requirements and shifting community expectations regarding employee reward
- Experience in working with a variety of stakeholders, across seniority levels within a large organisation.

**Your Benefits**:
You will enjoy a range of great employee benefits and rewards including:

- Competitive remuneration
- Flexible working arrangements including work-from-home days with a real work-life balance
- A range of attractive product and service discounts from Australian Unity’s Retail and Wealth Management portfolio - including health insurance and banking products
- Supported Learning and Career Development program
- Available access to LinkedIn Learning courses through our great Learning platform
- Additional paid Wellbeing and Community Volunteer Days yearly

**What Makes Us, Us**

Putting people first is not just something we say, it's what we do. We care for our people so they can care for themselves and our customers. We stay true to our values (Bold, Warm, Honest), we work hard because it matters and we work well together - collaborating, encouraging and even managing to have some fun.

At Australian Unity we do the right thing and we expect the same from others. Being a member-owned company, means we're focused on our members and customers, not shareholder returns. Our purpose to Help People to Thrive, drives us to make a real difference, every day, big and small. We are passionate about improving the wellbeing of all Australians and about making a positive difference.

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