Reward Director – Central London, Hybrid - £140,000 pro rata - 6 month FTC
A highly successful, global financial services business are looking for an experienced Head of Reward or Reward Consultant (Compensation and Benefits) to join their HR team on a 6 month contract.
This is a fantastic opportunity to work across developing and implementing a fit for purpose Reward strategy from scratch for a medium sized, international business. The ideal candidate will have clear, demonstrable experience implementing and driving change.
Please note – this role offer hybrid working – 3 days in the office and 2 at home. The office is in the City of London – accessible via Bank, Liverpool Street and London Bridge.
The ideal candidate for this Reward / Comp and Bens Lead role will have a wealth of experience developing and implementing Reward strategies that are fit for purpose. This organisation currently has very little in place so you will be really developing this from scratch.
Key responsibilities will include:
GAP analysis – working with senior stakeholders to understand what they currently have in place and what they need
Designing a Reward structure for Board consideration to provide a modern, flexible and affordable Total Rewards offering which meets business needs and drives performance
Develop and implement a competitive global reward structure that supports business objectives and attracts top talent across all markets
Participate in benchmarking studies
Provide data driven insights on compensation and benefits trends, cost analysis and effectiveness of reward programmes to senior leadership
Design and manage incentive schemes, including bonuses and commission structures
Working with Finance to develop LTIP and bonus structures
Partnering with Head of HR (Global) to advise and influence at board level
A track record of translating complex business requirements is essential for this Rewards Manager role - alongside first class senior stakeholder relationship skills and the ability to demonstrate that you have led and designed a clear and innovative reward strategies.
This is a 6 month FTC – but may be extended. Salary wise this role is paying £140,000 pro rata (depending on experience).