Executive Reward Manager

National Grid; Waltham (MA); Hybrid; USD 156,000 - 196,000; Full time

Job summary

National Grid seeks an Executive Reward Manager to lead design and governance of executive compensation programs from hybrid offices in Brooklyn, NY or Waltham, MA. You will advise senior leaders on executive pay, mobility, governance and complex award structures across the enterprise.

Partner with Legal, Tax and HR to ensure compliant, market-competitive rewards and data-driven decisions while driving process improvements and a better executive employee experience throughout the employment

Qualifications

• Significant experience in Compensation, Executive Reward or Total Rewards within a large, complex organisation.
• Strong understanding of executive compensation, incentive plans, governance and reward frameworks.
• Advanced analytical and financial modelling skills, particularly within Excel and reward systems.

Responsibilities

• Advise senior leaders and Chief People Officers on executive hiring, promotions, retention awards, succession planning and departures.
• Manage the end-to-end executive reward lifecycle, including compensation proposals, offer packages, buyouts, contractual documentation and separation arrangements.
• Design and evaluate executive compensation packages, including complex equity and incentive buyout calculations.
• Lead executive compensation activities during annual salary, bonus and long-term incentive review cycles.
• Partner with Legal and Tax teams to navigate regulatory, governance and compliance requirements.

Skills

Executive Reward

Total Rewards

Stakeholder management

Excel modelling

Regulatory knowledge

Education

Degree or CIPD

Hay Job Evaluation

Tools

HRIS systems

Compensation reporting software

Hay evaluation tooling

Job description

At National Grid, we're at the heart of the energy transition, delivering safe, secure and reliable energy to millions of customers every day. As we continue to build the energy network of the future, we're looking for talented people who want to make a real impact for our customers, communities and the environment.

We're committed to creating an inclusive workplace where everyone can thrive, develop, and bring their authentic selves to work.

The role

We're seeking an Executive Reward Manager to join our team in a hybrid role based in Brooklyn, NY or Waltham, MA

This is a high-profile opportunity to shape and deliver executive compensation programs for some of National Grid's most senior leaders. You'll act as a trusted adviser to senior stakeholders, providing expert guidance on executive pay, incentives, mobility, governance and complex reward matters.

Working at the heart of the People function, you'll partner with senior executives, HR leaders, Legal, Tax and external providers to ensure executive reward arrangements are competitive, compliant and aligned to business objectives.

You'll have the opportunity to influence key reward decisions while driving process improvements and enhancing the executive employee experience across the full employment lifecycle.

What you'll do

• Advise senior leaders and Chief People Officers on executive hiring, promotions, retention awards, succession planning and departures.
• Manage the end-to-end executive reward lifecycle, including compensation proposals, offer packages, buyouts, contractual documentation and separation arrangements.
• Design and evaluate executive compensation packages, including complex equity and incentive buyout calculations.
• Lead executive compensation activities during annual salary, bonus and long-term incentive review cycles.
• Partner with Legal and Tax teams to navigate regulatory, governance and compliance requirements.
• Maintain expert knowledge of executive compensation and incentive plans, providing guidance on complex reward matters.
• Develop and enhance executive reward policies, governance frameworks and operating guidelines.
• Ensure executive reward arrangements are accurately documented and delivered in line with agreed timelines.
• Drive process improvement, digitisation and automation initiatives to enhance efficiency and stakeholder experience.
• Manage global mobility vendors and external reward providers, ensuring high-quality service delivery and value for money.
• Lead benchmarking activities and market analysis to ensure National Grid remains competitive in attracting and retaining executive talent.
• Produce insights, metrics and recommendations that support data-driven reward decisions.

What you'll need

• Significant experience in Compensation, Executive Reward or Total Rewards within a large, complex organisation.
• Strong understanding of executive compensation, incentive plans, governance and reward frameworks.
• Experience advising senior stakeholders and executive leaders on complex reward matters.
• Advanced analytical and financial modelling skills, particularly within Excel and reward systems.
• Experience of job evaluation methodologies, including Hay Job Evaluation.
• Strong knowledge of compensation benchmarking and market analysis.
• Proven ability to manage multiple stakeholders and influence decision-making.
• Knowledge of compensation, benefits, tax and regulatory considerations.
• Excellent communication and presentation skills, with the ability to translate complex reward concepts into practical business solutions.

Qualifications

• Degree or equivalent and ideally CIPD qualified
• Software familiarity including advanced data modelling through Microsoft Excel, compensation reporting software and HR information systems
• Strong experience of Hay Job evaluation and market analysis
• Proven compensation management experience within a large commercial organisation involving practical and detailed design and application of the existing reward policies and processes

More Information

This role is offered on a Full-Time, Permanent basis

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statisticallybased scoring.

For more information, please view NYC Local Law 144.

This position has a career path which provides for advancement opportunities within and across bands as you develop and evolve in the position; gaining experience, expertise and acquiring and applying technical skills. Candidates will be assessed and provided offers against the minimum qualifications of this role and their individual experience.

National Grid will not be providing visa sponsorship for this position now or in the future. You must have the ability to work without a need for current or future visa sponsorship.

National Grid utilizes an assessment that evaluates the job qualifications/characteristics using AI or statistically based scoring. For more information, please view NYC Local Law 144.

National Grid is committed to providing equal employment opportunities to all employees and applicants for employment regardless of protected class. We do not discriminate on the basis of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, genetic information, or any other protected status in accordance with applicable federal, state, and local laws. National Grid maintains affirmative action programs for individuals with disabilities and protected veterans.

Our employment practices are designed to ensure that all individuals are treated fairly and with respect throughout the hiring process and during employment. National Grid complies with all applicable federal, state, and local anti-discrimination laws. We are dedicated to fostering a workplace that is free from unlawful discrimination and harassment, and we encourage a culture of respect for all.

Salary

• Waltham, MA (NE) $156,000 - $183,000
• Brooklyn, NY (DNY) $167,000 - $196,000