Senior Reward Manager (Compensation)

TN United Kingdom; London; Hybrid; GBP 600,000 - 700,000; Full time

Job summary

An established industry player is seeking a Senior Reward Manager to lead compensation strategies within a dynamic and innovative environment. This role involves overseeing the development of reward policies, managing a team, and ensuring compliance with governance processes. The successful candidate will have a strong background in compensation principles and experience in designing comprehensive reward programs. With opportunities for professional growth and a competitive salary, this position offers a chance to make a significant impact on employee compensation practices across the organization.

Benefits

20-40% Short Term Incentive Plan

Professional Development Opportunities

Dynamic Work Environment

Hybrid Working Options

Qualifications

• Strong knowledge of compensation principles and trends.
• Proven experience designing comprehensive compensation programs.
• Excellent analytical skills for data interpretation.

Responsibilities

• Develop and implement reward policies across the Group.
• Lead a team of 3 direct reports in compensation processes.
• Oversee annual pay review and bonus processes.

Skills

Compensation Principles

Analytical Skills

Project Management

People Management

Employment Laws

Market Research

Presentation Skills

Continuous Improvement

Job description

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Senior Reward Manager (Compensation), London

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Client:

Page Personnel

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

fdb02074ff66

Job Views:

3

Posted:

05.05.2025

Expiry Date:

19.06.2025

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Job Description:

• A newly created Senior Reward Manager role in a UK Listed Business.
• Play a significant and leading role in all employee compensation policy/process.

About Our Client

Our client is a well-established FTSE listed International organization in the Energy & Natural Resources industry, headquartered in the heart of London but with offices across the UK including the North East where the role could also be based. The company is committed to providing sustainable and innovative energy solutions to its clients across the globe. Across the UK, North America and Canada the company employs approximately 4,000 employees across a diverse range of specialist areas.

Job Description

• Responsible for the development of Reward policies and procedures across the Group to inform quality and consistency in remuneration decision making and appropriate governance. Works with Reward/HR/the business in local countries and business areas to ensure that the policies and procedures are appropriate and ensure their successful implementation.
• Provides leadership and development to a team of 3 direct reports
• Responsible for the delivery of all year-end Reward processes across the Group
• Responsible for developing reward policies and processes across the Group and ensuring that all countries and business areas adhere to them.
• Responsible for overseeing the ongoing operation of the Group's job evaluation process including system configuration, training of HR staff, escalation point on job evaluation queries and ensures compliance to the governance process
• Accountable for the delivery of the Annual Pay Review process including project planning and budgeting, overseeing the preparation of materials and systems build, training of and delivery through Reward/ HR colleagues, and manage the ongoing engagement with HR Business Partners, internal auditors and other internal stakeholders.
• Accountable for the delivery of the Group Annual Bonus process, including monitoring of accruals, project planning, overseeing the calculation of awards and manage the necessary engagement with Reward/HR colleagues, auditors and other internal stakeholders.
• Works with the Company Secretariat function to support all grants and vestings of awards made under the Company share plans.
• This includes, but not limited to, the provision of data to Company Secretariat and relevant external vendors.
• Responsible for overseeing the calculation of the annual Gender Pay Gap statistics and other mandatory reporting statistics and value-adding insight analysis.
• Oversees employee recognition programmes across the Group and proactively monitors the ongoing effectiveness of such schemes through employee feedback.
• May be required support or lead on the delivery of annual benefit processes in the UK, such as the annual benefit enrolment window.
• Supports the ongoing management of existing benefit schemes and processes, by either responding to directly (or via their team) to employee questions and ongoing liaison with external brokers and benefit vendors.
• Line manager of the Reward Specialist, Reward Adviser and Reward Analyst roles, including providing day-to-day direction, performance management and supporting their career development.
• Be part of the team which engages with the various trade union groups in the UK on all remuneration matters and serves as a subject matter expertise to local Reward colleagues engaging with local trade union groups on remuneration matters.
• Agree with vendors which surveys to participate in each year and overseas the annual data submission process
• Is the lead point of contact and expertise for the Group's sales incentive plans. This includes contributing to the design or new plans and/or changes to existing plans, and being HR's point of approval on governance matters.
• Leads on various Reward projects, and ad-hoc HR projects as required. Delegating responsibility to the wider Reward team as appropriate.
• Serves as a trusted business partner to HR and the business on specified Reward activities such as pay decisions, interpretation of policies and guidelines, and so on.

The Successful Applicant

• Strong knowledge of compensation principles, trends, regulatory requirements, and best practices.
• Proven experience designing and implementing comprehensive compensation and rewards programmes, including salary structures and incentive plans.
• Strong understanding of benefits and defined contribution pension arrangements, and preferably has had responsibility for running such programmes in other organisations.
• Strong understanding of relevant employment laws and regulations in the UK and knowledge or experience of the same for North America.
• Experience of people management and a keen interest in developing people.
• Excellent analytical skills with the ability to interpret complex data, conduct market research, and provide data-driven recommendations.
• Competent at writing papers for, and delivering presentations to, internal senior management.
• Strong project management and organisational skills with the ability to manage multiple priorities and deliver high-quality results within tight deadlines.
• Proactive mindset with a continuous improvement orientation, constantly seeking opportunities to enhance compensation and rewards programmes.

What's on Offer

Senior Reward Manager (Compensation) C&B offer;

• An appropriate £6 figure salary range plus a 20-40% STIP + associated benefits.
• A dynamic and innovative work environment in London, The North East or Home Counties and the ability to work on a Hybrid basis.
• Opportunities for professional development and growth.