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- Tasks: Lead Dexters' reward strategy, aligning pay and benefits with business goals.
- Company: Join a dynamic team at Dexters, a leader in the property sector.
- Benefits: Competitive salary, full-time hours, and a supportive work environment.
- Other info: Opportunity for career growth in a fast-paced, multi-site environment.
- Why this job: Make a real impact on talent attraction and retention through innovative reward strategies.
- Qualifications: Proven leadership in reward and benefits, with strong UK regulatory knowledge.
The predicted salary is between 75000 - 85000 £ per year.
In this role, you will be responsible for leading Dexters’ total reward strategy to ensure that pay, incentives, and benefits support business performance, attract top talent, and retain colleagues, while remaining competitive in the market. The role oversees the annual reward cycle, reward governance and benefits strategy while ensuring a 6-star service is provided for our colleagues.
Location: South West London
Hours: Full-time in office, Monday - Friday, 8.30 am - 5.30 pm
Salary: £75,000 - £85,000, depending on experience
Responsibilities:
- Lead Dexters total reward strategy, aligning pay, incentives and benefits with business and performance goals
- Own and deliver the annual reward calendar, including salary reviews, bonus planning, commission structures, share scheme and benefits renewals
- Design and maintain salary frameworks, job banding, job evaluation and benchmarking structures to ensure fair and competitive pay
- Oversee bonus and commission schemes, supporting the Group Managing Directors, ensuring they drive performance and align with commercial objectives
- Manage and govern employee share schemes, working with Finance, Legal and external advisers
- Lead the Dexters benefits strategy, including negotiation and management of the colleague benefit platform, and insured benefits such as private medical insurance and life assurance
- Negotiate with benefits brokers and insurers to secure competitive coverage and manage costs effectively
- Oversee the company pension schemes and ensure compliance with auto-enrolment requirements
- Ensure reward practices, guarantees, and commission draws comply with National Minimum Wage legislation and relevant UK reward regulations
- Provide reward analytics and market insight to the Operations Board to support strategic decision-making
- Gender pay gap reporting, strategy and RemCo support and pay transparency
- Provide annual reporting on total colleague rewards
Expertise and Experience:
- Significant leadership experience in reward, compensation and benefits in a fast-paced multi-site environment
- Strong knowledge of UK reward regulation, including National Minimum Wage and pensions
- Experience managing share schemes, bonus and commission structures, and insured benefits
- Strong commercial and analytical capability with experience advising senior stakeholders
- Reward communication and delivery standards
Head of Reward employer: Marsh & Parsons
Contact Detail:
Marsh & Parsons Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Reward
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for a Head of Reward role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company’s reward strategy and recent initiatives. This shows you're genuinely interested and ready to contribute to their goals. Plus, it gives you a chance to showcase your expertise in aligning pay and benefits with business performance.
✨Tip Number 3
Don’t just wait for job postings; be proactive! Check out our website regularly for new opportunities and consider reaching out directly to hiring managers. A friendly email expressing your interest can set you apart from the crowd.
✨Tip Number 4
Practice your pitch! Be ready to discuss how your experience aligns with managing total reward strategies and driving performance. Highlight your leadership skills and knowledge of UK reward regulations to impress during those crucial conversations.
We think you need these skills to ace Head of Reward
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Head of Reward role. Highlight your experience in leading reward strategies and managing benefits, as this will show us you understand what we're looking for.
Showcase Your Expertise: Don’t hold back on sharing your knowledge of UK reward regulations and your experience with bonus structures and share schemes. We want to see how your skills align with our needs!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and experiences stand out without any fluff.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Marsh & Parsons
✨Know Your Numbers
Make sure you’re familiar with the latest trends in reward strategies and compensation benchmarks. Research Dexters’ current offerings and be ready to discuss how your experience aligns with their needs, especially around salary frameworks and bonus structures.
✨Showcase Your Leadership Skills
Prepare examples that highlight your leadership experience in reward management. Think about times when you successfully led a team through a challenging reward cycle or implemented a new benefits strategy that improved employee satisfaction.
✨Understand the Compliance Landscape
Brush up on UK reward regulations, including National Minimum Wage and pensions. Be prepared to discuss how you’ve ensured compliance in previous roles and how you would approach this at Dexters, especially regarding gender pay gap reporting.
✨Engage with Stakeholders
Demonstrate your ability to communicate effectively with senior stakeholders. Prepare to discuss how you’ve collaborated with finance, legal, and external advisers in the past to deliver successful reward strategies and ensure alignment with business goals.