Average Reward Manager Salary

The average Reward Manager salary in UK is £69,536.31
The hourly average pay for a Reward Manager salary in UK is £33.43
The starting salary for a junior Reward Manager in UK is £40,808.00 per year or £19.62 per hour

View Related Salaries:

What does a Reward Manager earn?

Reward Managers in the UK typically earn around £69,500 a year. They are responsible for developing and managing reward strategies, including those related to compensation, benefits and recognition. They ensure their organisation remains competitive in the recruitment and retention of its workforce, whilst staying in line with all relevant legislation. Reward Managers might specialise in a particular area of reward management, such as executive pay, or can operate across all areas.

How to earn more as a Reward Manager

"If you want to pursue a career as a Reward Manager, you will usually need to have a degree in a related field such as statesmanship, finance or human resources. You can also pursue a degree apprenticeship as an alternative pathway. If you are looking to increase your earning potential as a Reward Manager, you can specialise in a certain field or take on a managerial role. Additionally, you could become self-employed with your own Reward Management business. Highly sought-after Reward Managers can earn upwards of £97,500 a year."

Average Salary: £69,536.31

Min: £40,808.00 Max: £97,500.00

Average Reward Manager Salary in UK : £69,536.31


Read about Reward Manager salaries, related jobs and salary information across the UK

Reward Manager Salary data from the ONS

Minimum

Median

Maximum

Age Group


Recommended Reward Manager Jobs in UK

Loading Jobs...

Salary by Region

Compare Reward Manager salaries across different regions

Region Salary
Scotland £50,441.38
Wales £65,215.56
East Midlands £54,837.37
Eastern £59,531.56
London £81,514.13
North East £51,748.44
North West £60,093.59
South East £53,479.24
South West £52,180.11
West Midlands £45,543.18
Yorkshire and the Humber £55,714.25

Annual Job Ads by Region

Understanding the Average Reward Manager Salary in the UK

As a Reward Manager in the UK, it is important to have a clear understanding of the average salary in this field. According to average Human Resources (HR) salaries, the average salary for a Reward Manager in the UK is £69,500 per year. This figure can vary depending on factors such as experience, qualifications, and the size of the company.

Salary Expectations for Newly Qualified Reward Manager

If you are a newly qualified Reward Manager, it is essential to have realistic salary expectations. Entry-level positions in this field typically offer a salary range of £40,800 to £97,500 per year. To explore job opportunities and find positions suitable for your qualifications, you can refer to the job search section.

Salaries for Experienced Reward Manager

Experienced Reward Managers in the UK can expect higher salaries compared to their newly qualified counterparts. With a proven track record and extensive experience in the field, you can earn a salary ranging from £40,800 to £97,500 per year. The exact figure will depend on various factors, including the industry, company size, and location.

Creating a Reward Manager CV

When applying for a Reward Manager position, having a well-crafted CV is crucial. To ensure your CV stands out from the competition, you can utilize a CV template specifically designed for Reward Managers. This template will help you highlight your skills, qualifications, and relevant experience in the most effective way.

Career Development Opportunities for Reward Manager

As a Reward Manager, there are various career development opportunities available to enhance your professional growth. To explore these opportunities and gain valuable insights into how to become a successful Reward Manager, you can refer to the career advice section. This resource will provide you with valuable information on the necessary skills, qualifications, and steps to advance your career in this field.

Comprehensive Compensation for Reward Manager

Being a Reward Manager involves more than just a salary. Comprehensive compensation packages often include additional benefits such as bonuses, pension schemes, healthcare coverage, and other perks. These additional benefits contribute to the overall value of the compensation package and should be considered when evaluating job offers.

Strategies for Increasing Your Salary as a Reward Manager

If you aspire to increase your salary as a Reward Manager, there are several strategies you can employ. These include continuously updating your skills and knowledge, staying updated with industry trends, taking on additional responsibilities, and demonstrating exceptional performance. By consistently delivering results and showcasing your value to the organization, you can negotiate for higher salaries and better compensation packages.

Professional Development and Earnings

Investing in your professional development as a Reward Manager can significantly impact your earnings. By attending relevant training programs, obtaining certifications, and participating in industry conferences, you can enhance your skills and knowledge, making you more valuable to employers. This, in turn, can lead to higher earning potential and career advancement opportunities.

Capitalizing on Extra Hours and Duties

As a Reward Manager, there may be opportunities to take on extra hours or duties that can contribute to your overall earnings. This could involve participating in special projects, providing consultancy services, or taking on additional responsibilities within the HR department. By capitalizing on these opportunities, you can not only increase your salary but also gain valuable experience and showcase your versatility as a Reward Manager.

About Check-a-Salary

We believe people should have access to all salary data to help them to make informed life decisions at every juncture in their careers. Whether you are a school leaver, recent graduate, considering changing jobs, moving to a new location, or salary benchmarking you can make better decisions if equipped with our salary insight.