Head of Reward and Benefits

1 month ago


London, Greater London, United Kingdom Alexander Lloyd Full time £100,000 - £120,000

Head of Reward and Benefits

London Hybrid 50:50

£100-120k plus benefits

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

Key Responsibilities

  • 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

Requirements

  • 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 note that due to the high amount of interest that we receive for each of our roles, unfortunately we cannot respond to each application individually. If you do not hear back from one of our consultants, please continue to check our website for any other roles which may be of interest.



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