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- Tasks: Lead Dexters' reward strategy, aligning pay and benefits with business goals.
- Company: Join a dynamic team at Dexters in South West London.
- 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 in London employer: Marsh & Parsons
Contact Detail:
Marsh & Parsons Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Reward in London
✨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 an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company’s current reward strategies and thinking about how you can add value. Tailor your responses to show how your experience aligns with their goals, especially around pay, incentives, and benefits.
✨Tip Number 3
Don’t just wait for job postings! Be proactive and reach out directly to companies you admire. Express your interest in potential roles and share how your expertise in reward strategy could benefit them.
✨Tip Number 4
Check out our website for openings that match your skills. We’re always looking for talented individuals to join our team, and applying through our site gives you a better chance to stand out!
We think you need these skills to ace Head of Reward in London
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. Use bullet points where possible to make it easy for us to see your key achievements and relevant experience at a glance.
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 without any hiccups!
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
As a Head of Reward, you’ll need to demonstrate strong leadership capabilities. Prepare examples from your past roles where you successfully led reward strategies or managed teams, highlighting your ability to align pay and benefits with business goals.
✨Understand Compliance Inside Out
Brush up on UK reward regulations, including National Minimum Wage and pensions. Be prepared to discuss how you’ve ensured compliance in previous roles, as this will show your understanding of the legal landscape and your commitment to ethical practices.
✨Bring Data to the Table
Prepare to discuss how you’ve used analytics to inform reward strategies. Think about specific instances where your insights influenced decision-making or improved colleague satisfaction, as this will demonstrate your analytical capability and commercial acumen.