Reward Specialist

6 days ago

London, Greater London, United Kingdom National Grid Full time

About the Role

Global Compensation and Benefits Specialist

London/Warwick - Hybrid/Flexible Working

The role will support the Global Compensation Manager in designing, implementing, and communicating National Grid's compensation programme, including salary, Annual Performance Plan (APP), and Long-Term Performance Plan (LTPP) processes, as well as the company's recognition programme.

This includes supporting the delivery of key processes, implementing policy and process improvement activities, and ad-hoc project work.

Key Responsibilities

  • Support the ongoing design, implementation, and improvement of the global compensation programme.
  • Act as a trusted advisor to People Partners and internal stakeholders, providing best practice insights on global compensation to inform business decision-making.
  • Support the design of an effective reward communication strategy to ensure that colleagues understand and appreciate the different elements of reward.
  • Support the streamlining of the Annual Performance Plan (annual bonus) for National Grid through developing a new target-setting and end-of-year announcement process.
  • Support the team in creating global compensation policy documentation, outlining role and responsibilities, process, and key deliverables.
  • Support the team on the annual compensation cycle process, ensuring that tools are fit for purpose and that the right inputs have flowed through the system.
  • Interpret legislation and tax rules regulating global compensation to ensure that all policies and processes are implemented in a legally compliant manner.

About You

Technical Capabilities (Knowledge, Skill, Experience):

  • Between 1-2 years of experience in reward or global compensation, with good knowledge of best practices, processes, and key principles.
  • Advanced Excel skills and experience drawing appropriate conclusions from data analysis to enhance decision-making for reports and presentations.
  • Ability to confidently build relationships with stakeholders.
  • Strong written and verbal skills, particularly related to global compensation.
  • Holds external qualifications (desirable).
  • Good knowledge of SuccessFactors (desirable).

What You'll Get

A competitive salary between £45,000 – £55,000, dependent on capability.

As well as your base salary, you will receive a bonus based on personal and company performance and a competitive contributory pension scheme, where we will double-match your contribution to a maximum company contribution of 12%.

You will also have access to a number of flexible benefits, including a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines, and matched charity giving.

About Us

National Grid touches the lives of almost everyone, with an energy network that stretches across the Atlantic.

We're an international team, and our work underpins the lives of millions of people.

Feet forwards, head up, and eyes bright, we're working hard to create value for people today – and shape the future of energy tomorrow.

In the UK, we don't generate or sell energy – we join the dots to get energy from A to B.

From making a cup of tea in the morning, to keeping the lights on in hospitals, our electricity network puts power in the hands of people.

Without it, the world as we know it would grind to a halt.

The world of energy is changing beyond recognition.

Working at National Grid, you won't just be touching the lives of almost everyone in the UK – you'll be shaping the way we use and consume energy for generations to come.

Our Values and Principles

At National Grid, through listening to what our customers need, every day we do the right thing and find a better way.

As a National Grid employee, you'll treat our customers as a priority, taking time to listen and work with them to help give them the best experience we possibly can.

You'll need to be proactive and flexible in your approach and continually look for ways to exceed their expectations – sometimes in unexpected and helpful ways.

You'll provide accessible information when our customers need it and make things simple by using your expertise to guide them.

Above all, you'll follow through on your promises to deliver value, drive efficiency, and give them a great customer experience.

We offer inclusion and diversity training for everyone here at National Grid, with a view to building an inclusive working environment and developing all our employees.

Training opportunities range from unconscious bias and reverse mentoring to targeted training initiatives which are tailored to support our diverse and innovative workforce.

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