Compensation and Benefits Specialist

**About the role**:
**Compensation & Benefits Specialist - 12 Months Fixed Term Contract**

**London/Warwick - Hybrid/Flexible working**

The role focuses on the design, implementation, and communication of National Grid’s compensation programme such as the salary, Annual Performance Plan (APP) and the Long-Term Performance Plan (LTPP) process as well as the company’s recognition program.
The role would support the global compensation manager in delivering these key processes and implementing policy and process improvement activities and ad hoc project work.

**What you'll do**:

- Support the ongoing design, implementation and improvement of the global compensation program
- Act as a trusted advisor to People Partners and internal stakeholders through providing best practice insights on global compensation to inform business decision making. This includes engaging with key stakeholder to ensure the compensation framework is relevant, understood and valued.
- Create an effective communication strategy for all global compensation policies and processes to ensure they are fully understood, appreciated and are reaching the right audiences through:

- Acting as the PMO for all reward-related communications; and
- Speaking to different stakeholders to understand what the best form of communication is; and
- Raising colleague understanding and awareness of the different elements of the global compensation framework through developing user friendly/easy to understand documents and collateral (such as videos and demos).
- Support in streamlining 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 which outlines the role and responsibilities, the process and key deliverables
- Support the team on annual compensation cycle process through checking tools are fit for purpose and right inputs have flown through the system
- Interpret legislation and tax rules regulating global compensation to ensure all policies and processes are implemented in a legally compliant manner

**About you**:
**Technical Capabilities (Knowledge, Skill, Experience)**:

- Between 3+ years of experience in global compensation
- Strong knowledge in the global compensation landscape which requires an awareness of diverse practices, precedents, insights and/or sophisticated concepts and 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 senior stakeholders
- Strong written and verbal skills particularly related to global compensation
- Holds external qualifications (desirable)
- Good knowledge of Successfactors (desirable)
- Strong networking and collaboration skills.
- Strong results orientation.
- Strong written and verbal communication skills.

**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 such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few.

**Abous 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. Abo