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- Tasks: Lead the design and delivery of global reward strategies and manage annual reward cycles.
- Company: Join a leading global professional membership organisation with a strong commitment to transformation.
- Benefits: Enjoy hybrid working, competitive pay, and opportunities for professional development.
- Why this job: Shape reward frameworks that attract and retain top talent while promoting pay transparency.
- Qualifications: Significant experience in senior reward roles and strong knowledge of compensation frameworks required.
- Other info: Professional qualifications like Chartered CIPD or Certified Compensation Professional are preferred.
The predicted salary is between 72000 - 108000 £ per year.
Location: London, hybrid
Technet IT has partnered with a leading global professional membership organisation operating across more than 25 countries and employing approximately 1,500 staff. The organisation is undergoing a period of strategic transformation and modernisation. As part of this evolution, they are seeking talented professionals to help enhance their reward frameworks, strengthen pay transparency, and ensure alignment with their long-term organisational goals.
Purpose:
As Head of Rewards, you will develop, implement, and lead the organisation’s total reward strategy, ensuring alignment with strategic objectives, competitiveness in the market, and compliance with relevant regulations. You will partner with the Executive Leadership Team, HR, and Finance to shape reward frameworks that support the attraction, motivation, and retention of top talent.
Key Responsibilities:
- Lead the design and delivery of global or multi-region total reward strategies, including job architecture, salary structures, and incentive plans.
- Oversee executive compensation governance, including preparation for the Remuneration Committee.
- Develop and maintain clear, transparent frameworks supporting pay equity, performance-linked reward, and progression.
- Conduct regular benchmarking to keep pay and benefits competitive and market-aligned.
- Manage annual reward cycles, including salary reviews and bonus schemes, ensuring fairness and compliance.
- Champion pay transparency and equity initiatives, including statutory reporting on gender or ethnicity pay gaps.
- Provide leadership and development to the Reward team.
- Maintain relationships with external reward consultants and suppliers.
- Ensure all reward policies and practices comply with UK and relevant international legislation.
Skills & Experience:
- Significant experience in senior reward leadership roles, including strategic design and operational delivery.
- Strong technical knowledge of compensation, benefits, job evaluation, and grading frameworks (e.g., Mercer, Hay, WTW).
- Proven track record preparing materials for and engaging with Remuneration Committees or Boards.
- Excellent analytical, communication, and stakeholder engagement skills.
- Professional qualifications such as Chartered CIPD or Certified Compensation Professional preferred.
Head of Rewards employer: TechNET IT Recruitment Ltd
Contact Detail:
TechNET IT Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Rewards
✨Tip Number 1
Network with professionals in the rewards and compensation field. Attend industry events or webinars to connect with others who may have insights into the role and the organisation. Building relationships can often lead to referrals or insider information about the job.
✨Tip Number 2
Research the latest trends in total rewards strategies, especially those relevant to the global market. Being knowledgeable about current practices will not only help you in interviews but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 3
Prepare to discuss your experience with executive compensation governance and how you've successfully engaged with Remuneration Committees in the past. Highlighting specific examples will show your capability and readiness for this leadership role.
✨Tip Number 4
Familiarise yourself with the organisation's current reward frameworks and any recent changes they’ve made. This knowledge will allow you to tailor your discussions during interviews, showing that you understand their needs and are ready to contribute from day one.
We think you need these skills to ace Head of Rewards
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Head of Rewards position. Understand the key responsibilities and required skills, and think about how your experience aligns with these.
Tailor Your CV: Customise your CV to highlight relevant experience in reward strategy, compensation, and benefits. Use specific examples that demonstrate your leadership in similar roles and your ability to engage with executive teams.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for enhancing reward frameworks. Mention any specific achievements related to pay transparency and equity initiatives.
Highlight Relevant Qualifications: If you have professional qualifications like Chartered CIPD or Certified Compensation Professional, make sure to prominently feature these in your application. They can set you apart from other candidates.
How to prepare for a job interview at TechNET IT Recruitment Ltd
✨Understand the Total Reward Strategy
Make sure you have a solid grasp of what a total reward strategy entails. Be prepared to discuss how you would develop and implement such strategies, and think about examples from your past experience that demonstrate your capability in this area.
✨Showcase Your Analytical Skills
Given the importance of benchmarking and pay equity in this role, be ready to highlight your analytical skills. Prepare to discuss specific tools or methodologies you've used to analyse compensation data and how you've applied these insights to improve reward frameworks.
✨Engage with Stakeholders
This position requires strong stakeholder engagement. Think about how you’ve successfully collaborated with executive teams or HR in the past. Be ready to share examples of how you’ve navigated complex discussions around compensation and benefits.
✨Prepare for Governance Discussions
Since you'll be overseeing executive compensation governance, it’s crucial to prepare for questions related to Remuneration Committees. Familiarise yourself with best practices in governance and be ready to discuss how you would prepare materials for these meetings.
