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Head of Reward

Alexander Lloyd
Posted 19 hours ago, valid for 15 days
Location

London, Greater London EC2V7NQ, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

Retirement Plan
Life Insurance

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The Head of Reward position is based in London with a hybrid working model and offers a competitive salary ranging from £100,000 to £120,000.
  • Candidates must have a minimum of 5 years of technical compensation and benefits experience in a corporate environment, preferably within financial services.
  • The role involves providing strategic advice on reward and recognition, managing reward frameworks, and leading market benchmarking processes.
  • Successful applicants will demonstrate strong data analysis and communication skills, along with experience in managing and empowering teams.
  • The position also includes overseeing reward program administration and ensuring compliance with regulatory requirements, while offering opportunities for career development.

Head of Reward

London : Hybrid

£100-120k

Alexander Lloyd are pleased to exclusively partner with this growing and successful Financial Services organisation to recruit a permanent Head of Reward. The Head of Reward is responsible for leading the Reward team to ensure alignment with overarching strategic objectives and the people strategy, enabling all employees to thrive.

Job Role

  • Provide strategic advice and support to leaders across the business, and Business Partners on reward and recognition
  • Ensure reward frameworks are managed consistently, in accordance with best practice, and legal, regulatory and governance requirements
  • Lead the market benchmarking process to ensure the company continues to offer competitive and relevant reward and benefits and are proactive in identifying and responding to emerging market trends
  • Oversee the administration of all of reward programmes, including annual pay review cycle, benefits enrolment window and our various incentive programmes, whilst providing marketing leading insight into best practice for all elements of the colleague reward lifecycle.
  • Ensure that all programmes comply with regulatory and legal requirements, including the timely and accurate submission of pay gap and other statutory reporting elements
  • Closely collaborate with other HR sub-functions such as Talent Acquisition and Talent Development to ensure the offering is aligned to the employee value proposition and supports career growth
  • Support in the preparation of papers for the Group Executive Committee and Remuneration Committee of the Board, ensuring all requirements and management information is provided within the time-frame, accurate and in the formats required
  • Provide leadership and coaching to the Reward team

Successful applicants will have:

  • Minimum 5 years technical compensation and benefits experience in a corporate environment, ideally financial services
  • Track record of compiling and presenting data and insights - in particular reward modelling, job architecture, and benefits brokering
  • Experience of managing, leading, empowering and motivating teams
  • Excellent data analysis and communications skills
  • Able to influence, negotiate and manage demonstrating credibility and respect
  • Demonstrable knowledge of current industry best practice in Reward Performance

This role offers a competitive salary of £100-120k plus Bonus, Pension Scheme, Private Medical Cover and Life Assurance. The company have recently posted excellent results, and offer great internal mobility and career development opportunities.

Please quote 51013 when calling Simon Geere at Alexander Lloyd or email them at . This is only one of many vacancies we are handling, Alexander Lloyd Human Resources Recruitment Solutions is the leading recruiter for HR Director, Manager, Business Partner, Learning & Development, Internal Communications, Talent Acquisition and Reward opportunities across Surrey, Sussex, Kent and London.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.