At a Glance
- Tasks: Lead total rewards strategy, manage compensation and benefits, and ensure pay equity.
- Company: Join a certified B-Corporation dedicated to renewable energy and fighting climate change.
- Benefits: 26 days holiday, private healthcare, pension contributions, and volunteering days.
- Other info: Dynamic work culture with a focus on accuracy and data integrity.
- Why this job: Make a real impact in a purpose-driven company while developing your career.
- Qualifications: Experience in Total Rewards and strong stakeholder management skills required.
The predicted salary is between 36000 - 60000 £ per year.
Low Carbon creates large-scale renewable energy to fight climate change. We are a long-standing certified B-Corporation and recognised as a gold standard for our environmental impact. As a next-generation IPP, we develop, build, and operate utility-scale solar, onshore wind, and battery storage projects across the UK and Europe. Our people and culture are really important to us. We value enthusiasm, entrepreneurialism, clear communication, and drive.
Role Description
Working closely with Excomm, Finance and the People Team, the Compensation & Benefits Manager will lead Low Carbon's total rewards strategy, compensation, benefits, and long-term incentives, ensuring that pay and benefits are fair, competitive, compliant, and tightly aligned to business performance and culture. The ideal candidate will partner with the Remuneration Committee to help design frameworks that motivate delivery while meeting governance standards and external expectations.
Key Responsibilities
- Lead the execution of all compensation activities.
- Develop our Global compensation provision across multiple geographies and jurisdictions including the UK, Germany and Poland.
- Own compensation philosophy, frameworks, pay-band architecture and design salary review methodology.
- Manage bonus schemes; govern management incentive plans and compliance.
- Manage benefit programs, including design, administration, and vendor relationships, ensuring offerings are competitive and compliant.
- Manage end-to-end payroll processes across the UK, international jurisdictions, and Employer of Record arrangements, ensuring accuracy, compliance, and timely delivery.
- Oversee payroll governance; own reward systems and data integrity.
- Own the compensation forecasting process, including working with finance on reconciliation of forecast versions and detailed variance analysis versus actuals.
- Define market-aligned base pay frameworks; partner with Finance to model cost impacts and forecast reward budgets.
- Key liaison with finance, legal and tax teams.
- Responsibility for ensuring pay equity and supporting DEI objectives in reward frameworks.
- Respond to regular ad-hoc data requests from Finance, the leadership team and the Board.
- Communication strategy for Reward.
Skills & Experience
- Significant experience with Total Rewards/Compensation & Benefits, including ownership and administration of bonus and long-term incentive plans.
- Excellent stakeholder management and ability to present complex data clearly to senior leadership and the Board.
- Experience managing payroll process, including working with third-party providers.
- Governance interface with RemCo and board-level stakeholders.
- Understanding of Reward frameworks including Management Incentive Plans, performance-based bonuses and LTIPs.
- Ability to interpret market trends and provide strategic recommendations.
- Experience in building compensation models for growth-stage businesses.
- Highly numerate, able to create and analyse reward and people data.
- Process driven, meticulous about data and very high attention to detail.
- International compensation knowledge (Germany & Poland) desirable.
Benefits
- 26 days holiday plus your birthday off (with option to buy a further 5 days).
- Discretionary Bonus.
- Bupa Health Check & Private Healthcare for you and your family (medical history disregarded).
- Contributory Pension.
- Season Ticket Loan.
- Pluxee for commercial discounts and perks.
- 3 additional days for volunteering to support causes of your choice.
Total Rewards Manager employer: Low Carbon
Low Carbon is an exceptional employer dedicated to creating a sustainable future through renewable energy. With a strong commitment to employee growth, our collaborative culture fosters innovation and provides opportunities to work on impactful projects across Europe. Enjoy generous benefits, including 26 days of holiday, private healthcare, and additional volunteering days, all while contributing to a mission that truly matters.
StudySmarter Expert Advice🤫
We think this is how you could land Total Rewards Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Low Carbon. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Total Rewards Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Low Carbon.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Low Carbon's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Low Carbon
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Low Carbon.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Low Carbon will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Low Carbon employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
