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- Tasks: Lead the global Total Rewards Strategy, focusing on compensation, benefits, and performance management.
- Company: Join a forward-thinking company aiming to be a leader in its industry.
- Benefits: Enjoy competitive pay, flexible work options, and wellness initiatives.
- Why this job: Shape employee engagement and drive performance in a dynamic environment.
- Qualifications: Requires a degree in HR or Business and 10+ years in Compensation & Benefits.
- Other info: Ideal for innovative leaders with a passion for equity and compliance.
The predicted salary is between 72000 - 108000 £ per year.
The Head of Reward is responsible for designing and executing the organization's global Total Rewards Strategy, ensuring alignment with business goals and values. This includes supporting the company’s aim to be a leading partner in its industry. The role ensures the organization's reward offerings are competitive, scalable, equitable, and aligned with its core values. The Head of Reward will lead initiatives to attract, retain, and engage employees while managing pay equity, performance-based rewards, and benefits packages that support global growth.
Key Responsibilities:
- Total Rewards Strategy
- Develop and implement a global reward strategy encompassing compensation, benefits, recognition, and performance management.
- Ensure alignment with company objectives and culture, promoting a “Higher Reward for Higher Performance” ethos.
- Create scalable and regionally adaptable reward models.
- Compensation
- Manage executive compensation plans and long-term incentives, including equity-based rewards (e.g., RSUs).
- Oversee compensation benchmarking, job evaluation, and salary progression frameworks.
- Ensure pay equity and update compensation practices through regular audits.
- Lead RSU lifecycle processes, including eligibility, grant facilitation, and compliance coordination.
- Benefits
- Design globally consistent but locally relevant benefits programs.
- Manage wellness initiatives, insurance, retirement plans, and flexible work arrangements.
- Ensure legal compliance and alignment with values of fairness and inclusion.
- Performance Management & Incentives
- Establish a performance management system connecting individual/team contributions to organizational results.
- Lead bonus and incentive schemes, ensuring scalability and transparency.
- Govern the RSU program, ensuring data accuracy, compliance, and audit readiness.
- Governance & Compliance
- Ensure compliance with labour laws, tax rules, and reporting obligations.
- Create governance mechanisms for reward programs.
- Act as liaison across HR, Finance, and governance stakeholders for equity-related matters.
- Stakeholder Engagement
- Partner with executive leadership and cross-functional teams to align reward strategies with business needs.
- Present insights on market trends and program effectiveness to senior stakeholders.
- Innovation & Market Trends
- Monitor industry developments to maintain a competitive edge in total rewards offerings.
- Introduce creative reward initiatives aligned with performance and impact objectives.
Key Skills and Competencies:
- Strategic Leadership: Proven global reward function leadership.
- Analytical & Data-Driven: Ability to interpret data and align with strategic decisions.
- Cross-Cultural Expertise: Experience managing programs across regions and navigating local regulations.
- Stakeholder Management: Skilled in working with senior leaders and boards.
- Compliance & Governance: Strong regulatory and governance knowledge.
- Innovation & Problem-Solving: Proactive in adopting creative solutions.
- Equity Program Expertise: RSU lifecycle knowledge and execution leadership.
Qualifications:
- Bachelor's degree in HR, Business, or related field (Master’s preferred).
- 10+ years in Compensation & Benefits or related roles, including 5+ years in leadership.
- Experience in global, fast-paced environments (e.g., technology, digital industries).
- Preferred certifications: CCP, GRP, or equivalent.
Head of Reward employer: LinkedIn
Contact Detail:
LinkedIn Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Reward
✨Tip Number 1
Familiarise yourself with the latest trends in total rewards strategies. Understanding what competitors are offering can give you an edge when discussing your vision for the role during interviews.
✨Tip Number 2
Network with professionals in the compensation and benefits field. Engaging with industry peers can provide insights into best practices and may even lead to referrals that could help you land the job.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented reward strategies in previous roles. Highlighting measurable outcomes will demonstrate your capability to drive results aligned with business goals.
✨Tip Number 4
Showcase your cross-cultural expertise by sharing experiences where you've navigated local regulations in global environments. This will illustrate your ability to adapt reward strategies to diverse markets, a key aspect of the role.
We think you need these skills to ace Head of Reward
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in Compensation & Benefits, especially any leadership roles. Use keywords from the job description to demonstrate your fit for the Head of Reward position.
Craft a Compelling Cover Letter: In your cover letter, express your passion for developing global reward strategies. Mention specific examples of how you've successfully implemented compensation models or managed benefits programs in previous roles.
Showcase Analytical Skills: Since the role requires analytical and data-driven decision-making, include examples of how you've used data to influence reward strategies or improve pay equity in your past positions.
Highlight Stakeholder Engagement: Demonstrate your experience in stakeholder management by detailing instances where you've collaborated with senior leaders or cross-functional teams to align reward strategies with business objectives.
How to prepare for a job interview at LinkedIn
✨Understand the Total Rewards Strategy
Familiarise yourself with the concept of Total Rewards and how it aligns with business goals. Be prepared to discuss how you would design and implement a global reward strategy that reflects the company's values and objectives.
✨Showcase Your Analytical Skills
Highlight your ability to interpret data and make strategic decisions based on it. Prepare examples of how you've used data to drive compensation benchmarking or performance management in previous roles.
✨Demonstrate Cross-Cultural Expertise
Since the role involves managing programs across different regions, be ready to discuss your experience with local regulations and how you've adapted reward strategies to fit diverse cultural contexts.
✨Prepare for Stakeholder Engagement Scenarios
Think about how you would engage with executive leadership and cross-functional teams. Prepare to share examples of how you've successfully aligned reward strategies with business needs and presented insights to senior stakeholders.
