Executive Reward Manager

National Grid plc

Waltham (MA)

Hybride

USD 156 000 - 196 000

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Résumé du poste

National Grid seeks an Executive Reward Manager to lead executive compensation programs, advising senior leaders across HR, Legal and Tax. This hybrid role can be based in Brooklyn, NY or Waltham, MA, shaping compensation design, incentives, mobility and governance for our most senior leaders.

You will drive end-to-end reward lifecycle, benchmark analyses and policy development, delivering compliant, market-competitive solutions that support business objectives.

Qualifications

  • Significant experience in Compensation, Executive Reward or Total Rewards.
  • 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 Hay Job Evaluation methodologies.
  • Knowledge of compensation benchmarking and market analysis.
  • Excellent communication and presentation skills.

Responsabilités

  • Advise senior leaders on hiring, promotions, retention, succession planning and departures.
  • Manage the end-to-end executive reward lifecycle, including compensation proposals, offer packages, buyouts, 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 to navigate regulatory, governance and compliance requirements.
  • Maintain expert knowledge of executive compensation and incentive plans.
  • Develop and enhance executive reward policies, governance frameworks and operating guidelines.
  • Ensure executive reward arrangements are accurately documented and delivered on time.
  • Drive process improvement, digitisation and automation initiatives.
  • Manage global mobility vendors and external reward providers.
  • Lead benchmarking and market analysis to stay competitive.
  • Produce insights and data-driven recommendations.

Connaissances

Executive compensation
Stakeholder management
Advanced Excel
Financial modelling

Formation

Degree or equivalent
CIPD qualification

Outils

Excel
HRIS
Compensation software

Description du poste

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.

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


Internal candidates should notify current manager of interest prior to application.

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.

Waltham, MA (NE)

  • $156,000 -$183,000
  • $167,000 - $196,000

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.

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 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.

National Grid operates in both the UK and US, with a broad portfolio of energy businesses dedicated to providing safe, reliable, and sustainable power.

From electricity and gas transmission to advancing clean energy and modernising grids, our work covers every aspect of the energy system.

Our energy flows through absolutely everything we do

Life here at National Grid is more than just our purpose or our values, it’s everything we put into everything we do. It’s our commitment to diversity and inclusion; how we help our employees learn and grow; and how we partner with and support the communities where we live and work. It’s all this, and so much more.

We leverage our collective strengths to do meaningful BIG work so that we can be at the heart of a fair and affordable energy future.

Your salary is reviewed each year against the market for your role, skills, knowledge and experience.

Incentive

Annual performance plan or bonus (depending on your role) rewards your contribution to our success each year.

Retirement

Generous pension plan with company contributions up to 12%.

Private medical insurance for self and family.

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