At a Glance
- Tasks: Lead innovative reward strategies for high-growth businesses and engage with diverse clients.
- Company: Join BDO, a dynamic accountancy and business advisory firm.
- Benefits: Agile working, career development support, and a people-centred culture.
- Other info: Opportunities for mentorship and continuous learning in a supportive team.
- Why this job: Make a real impact on businesses while developing your skills in a collaborative environment.
- Qualifications: Experience in remuneration or HR strategy, strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
We’re BDO, an accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world. We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high‑growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.
Our Tax team thrives on keeping busy. Friendly, driven and diverse, they service our clients across the country and around the world. By providing expertise in many different specialist areas of tax, they collaborate across BDO to deliver wider business solutions. From meeting clients’ evolving business needs to managing changes to legislation, there are always fresh challenges to face in the Tax team. If you’re after a career that will keep you on your toes, we’ll give you the autonomy to drive your career forward.
Leading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.
You’ll be someone who is both comfortable working proactively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO’s partners to help businesses effectively. You’ll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.
Part of our Global Employer Services division, Strategic Reward Advisory takes pride in working with entrepreneurial, fast growing businesses to help them engage and incentivise their workforce. The projects are wide-ranging, collaborative and often novel - with bespoke solutions required to solve complex problems.
You’ll form a critical part of a unified team, gaining exposure to colleagues and clients at all levels right from day one. This is not a traditional Reward consulting role – it's ambition, efficacy and approach that matter most. You’ll be expected to navigate ambiguous and charged challenges independently, while also delivering best-in-class solutions that incorporate elements from beyond your own domain.
We welcome applications from those with broader HR and business strategy experience, with a keen curiosity to explore Reward.
Responsibilities:- Providing Reward advisory services to a wide range of clients
- Helping clients develop compensation strategies for their Executive Team and wider employee population(s) from first principles
- Translating strategies into practical Reward frameworks incorporating market benchmarking, financial modelling and corporate governance compliance
- Designing short-term and long-term incentive plans that are aligned with clients’ strategic business objectives and culture
- Dealing with all matters relating to the management of a portfolio of existing clients
- Developing and owning the go-to-market approach and business performance of a key market segment (e.g., FinTech)
- Providing assistance to senior members of staff in both client work and in the management of the group, as appropriate
- Pro-actively managing their own workload, communicating with directors/partners on a regular basis
- Demonstrable professional experience in a remuneration-related role - within reward consulting or inhouse is preferred but not essential
- The ability to work independently under pressure and ambiguity, building an answer if it doesn’t exist
- Strong commercial acumen, alongside a keen awareness of the broader impact of Reward on business performance, HR, tax etc.
- Robust analytical skills and experience in research and data manipulation and modelling to derive actionable insights
- Excellent written and verbal communication, and proficiency in MS Office (Excel and PowerPoint)
- Focus on producing high quality outputs and attention to detail
- Excellent interpersonal skills and relationship building with both internal and external stakeholders
- An in-depth technical knowledge of executive remuneration and/or broad-based rewards, including pay benchmarking, bonus and equity incentive plan design and performance monitoring, reward strategy, corporate governance and remuneration reporting, job evaluation and grading, gender pay gap reporting, wellbeing, and recognition etc.
- Knowledge of how market data surveys work is a plus
- Interest in mentoring and coaching more junior staff
- Educated to degree level, ideally in business, human resources, law, accounting, finance or a related field (or equivalent experience)
You’ll be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to the business. We’re committed to agile working, and we offer every colleague the opportunity to work in ways that suit you, your teams, and the task at hand.
At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.
Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people-centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs.
Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.
We know that collaboration is the key to creating value for the companies we work with and satisfying experiences for our colleagues, so we’ve invested in state-of-the-art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.
At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy. Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions.
We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.
Executive Reward Strategy Lead in City of Westminster employer: BDO LLP
At BDO, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through tailored career development programmes and a supportive environment that values individuality and diverse perspectives. With state-of-the-art collaboration spaces and a focus on agile working, we empower our team members to thrive while making a meaningful impact on the entrepreneurial businesses that drive the UK economy.
StudySmarter Expert Advice🤫
We think this is how you could land Executive Reward Strategy Lead in City of Westminster
✨Tip Number 1
Network like a pro! Reach out to people in your industry on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Show them you’re not just another candidate; you’re genuinely interested in what they do and how you can contribute.
✨Tip Number 3
Practice your pitch! You should be able to clearly explain who you are, what you bring to the table, and why you’re excited about the role. Keep it concise and engaging.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the position. Plus, it’s just good manners!
We think you need these skills to ace Executive Reward Strategy Lead in City of Westminster
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Executive Reward Strategy Lead role. Highlight your relevant experience in remuneration and reward consulting, and show how your skills align with BDO's values and the specific responsibilities outlined in the job description.
Showcase Your Analytical Skills:Since this role requires robust analytical skills, don’t shy away from including examples of how you've used data manipulation and modelling in past roles. This will demonstrate your ability to derive actionable insights, which is key for the position.
Communicate Clearly:Excellent written communication is a must! Ensure your application is clear, concise, and free of jargon. Use straightforward language to convey your ideas and experiences, making it easy for the hiring team to see your potential fit.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at BDO LLP
✨Know Your Stuff
Before the interview, dive deep into BDO's values and the specifics of the Executive Reward Strategy Lead role. Understand their approach to reward consulting and how it aligns with entrepreneurial businesses. This will help you articulate how your experience fits into their vision.
✨Showcase Your Analytical Skills
Be prepared to discuss your analytical skills and how you've used data to drive decisions in previous roles. Bring examples of how you've developed compensation strategies or incentive plans, as this will demonstrate your capability to handle the responsibilities outlined in the job description.
✨Build Rapport
Since BDO values relationship-building, focus on establishing a connection with your interviewers. Ask insightful questions about their team dynamics and how they collaborate across departments. This shows you're not just interested in the role but also in being part of their culture.
✨Prepare for Ambiguity
Given the nature of the role, be ready to discuss how you've navigated ambiguous situations in the past. Share specific examples where you had to create solutions from scratch, highlighting your proactive approach and ability to work independently under pressure.
