Head of Reward

Permanent Full Time role in Human Resources.
Located in London – Hybrid.

Head of Reward

Your new role at NewDay

This role offers a fantastic opportunity to craft and deliver a strategic approach to reward at NewDay, supporting attraction, retention and development of our colleagues.

As part of the People Leadership Team, you’ll work closely with colleagues to drive the people agenda to support the company strategy and goals.

About NewDay

We help people move forward with credit, and help our colleagues to move their careers forward too.

We use our highly flexible, scalable, and multi-product digital credit engine to power over 120 million transactions every year. Our brands include Aqua, marbles, fluid and Bip. We partner with leading brands such as John Lewis, AO, Argos and DEKO.

Over 5 million UK customers are supported by our award-winning customer service.

At NewDay, we value all types of diversity. We’re an equal opportunity employer and believe that our differences create a vibrant, authentic working culture. We want all our colleagues to feel able to bring their whole selves to work. We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. We make sure that every job is crafted to be inclusive and that people with disabilities or caring responsibilities can take part in the application and interview process. Tell us if you need accommodations: we’ll put reasonable adjustments in place to support you.

We’re focused on what will drive impact in helping people move forward with credit. Our distinctive culture is geared to spark innovation and team working – with lots of open doors for development. Our customers can rely on us because we aim high, support each other, do the right thing and build for the future.

We invest in our colleagues. On top of a strong market competitive salary, you get a bonus opportunity that matches the impact (delivery + values) you drive in your role. We also help you retire better with market leading pensions.

At NewDay, #yourwellbeing matters: You get 26 days holiday and can buy up to 5 more after probation. Then you’ll get extra days as you build your career with us.
NewWork, our flexible, hybrid working approach, helps you to manage your work/life balance – and even bolt on work time in other countries before or after your holiday. And when you’re in the office, you get free healthy breakfast, fresh juices, lunch, barista coffee etc.

Our tax efficient green car and cycle to work schemes save you money (and help the planet).

Ask your Talent Acquisition Partner to tell you more about any of our perks.

Responsibilities

• Lead on NewDay’s rewards cycle, including the annual salary and bonus review, benchmarking and reporting.
• Continuous review, development, implementation and communication of NewDay’s benefits offering to ensure it’s attractive and relevant for all colleagues.
• Prepare all papers for RemCo.
• Effectively partner with third party vendors to drive performance and value.
• Research and analyse external market data on compensation trends and build relationships across the market to understand the reward landscape.
• Line management and development of a small team.

What you’ll bring

We need knowledge, experience + expertise in:

• Broad reward experience gained within a fast paced and dynamic environment.
• Experience preparing documentation for RemCo.
• Previous experience working with M&A, equity plans and implementing non cash-based recognition programs would be beneficial.
• Strong communication skills and an ability to build relationships and collaborate at all levels.
• Comfortable operating in a hands-on capacity as well as at a strategic level.
• Positive and confident individual who is comfortable challenging the status quo.
• Highly commercial and numerical individual with excellent attention to detail.
• Ability to operate in a fast-paced environment and step out of the boundaries of their job description.
• Confident user of HR systems, Excel and PowerPoint.

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