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- Tasks: Lead the design of global reward strategies and manage annual reward cycles.
- Company: Join a leading global professional membership organisation with a transformative vision.
- Benefits: Enjoy hybrid work options and competitive pay structures.
- Why this job: Shape reward frameworks that attract and retain top talent while promoting pay transparency.
- Qualifications: Significant experience in senior reward roles and strong technical knowledge required.
- Other info: Professional qualifications like Chartered CIPD are preferred.
The predicted salary is between 72000 - 108000 £ per year.
Location: London, hybrid
Technet IT has partnered with a leading global professional membership organisation operating across more than 25 countries and employing approximately 1,500 staff. The organisation is undergoing a period of strategic transformation and modernisation. As part of this evolution, they are seeking talented professionals to help enhance their reward frameworks, strengthen pay transparency, and ensure alignment with their long-term organisational goals.
Purpose:
As Head of Rewards, you will develop, implement, and lead the organisation’s total reward strategy, ensuring alignment with strategic objectives, competitiveness in the market, and compliance with relevant regulations. You will partner with the Executive Leadership Team, HR, and Finance to shape reward frameworks that support the attraction, motivation, and retention of top talent.
Key Responsibilities:
- Lead the design and delivery of global or multi-region total reward strategies, including job architecture, salary structures, and incentive plans.
- Oversee executive compensation governance, including preparation for the Remuneration Committee.
- Develop and maintain clear, transparent frameworks supporting pay equity, performance-linked reward, and progression.
- Conduct regular benchmarking to keep pay and benefits competitive and market-aligned.
- Manage annual reward cycles, including salary reviews and bonus schemes, ensuring fairness and compliance.
- Champion pay transparency and equity initiatives, including statutory reporting on gender or ethnicity pay gaps.
- Provide leadership and development to the Reward team.
- Maintain relationships with external reward consultants and suppliers.
- Ensure all reward policies and practices comply with UK and relevant international legislation.
Skills & Experience:
- Significant experience in senior reward leadership roles, including strategic design and operational delivery.
- Strong technical knowledge of compensation, benefits, job evaluation, and grading frameworks (e.g., Mercer, Hay, WTW).
- Proven track record preparing materials for and engaging with Remuneration Committees or Boards.
- Excellent analytical, communication, and stakeholder engagement skills.
- Professional qualifications such as Chartered CIPD or Certified Compensation Professional preferred.
Head of Rewards employer: TechNET IT Recruitment Ltd
Contact Detail:
TechNET IT Recruitment Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Rewards
✨Tip Number 1
Network with professionals in the rewards and compensation field. Attend industry events or webinars where you can meet people who are already in similar roles. This can help you gain insights into the latest trends and practices, and may even lead to referrals.
✨Tip Number 2
Familiarise yourself with the specific reward frameworks and compliance regulations relevant to the UK market. Understanding these nuances will not only prepare you for interviews but also demonstrate your commitment to aligning with the organisation's goals.
✨Tip Number 3
Prepare to discuss your experience with executive compensation governance and how you've successfully engaged with Remuneration Committees in the past. Highlighting these experiences can set you apart as a candidate who understands the complexities of the role.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've conducted benchmarking in previous roles. Providing concrete examples of how you've kept pay and benefits competitive will illustrate your capability to lead the total reward strategy effectively.
We think you need these skills to ace Head of Rewards
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Head of Rewards position. Understand the key responsibilities and required skills, as this will help you tailor your application to highlight relevant experiences.
Tailor Your CV: Customise your CV to reflect your experience in senior reward leadership roles. Emphasise your strategic design and operational delivery skills, as well as any relevant qualifications like Chartered CIPD or Certified Compensation Professional.
Craft a Compelling Cover Letter: Write a cover letter that connects your background to the specific needs of the organisation. Highlight your experience with pay transparency initiatives and your ability to engage with Remuneration Committees, showcasing how you can contribute to their strategic transformation.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and professional. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at TechNET IT Recruitment Ltd
✨Understand the Total Reward Strategy
Make sure you have a solid grasp of what a total reward strategy entails. Be prepared to discuss how you would develop and implement such strategies, and think about examples from your past experience that demonstrate your capability in this area.
✨Showcase Your Analytical Skills
Given the importance of benchmarking and pay equity in this role, be ready to highlight your analytical skills. Prepare to discuss specific instances where you've used data to inform decisions or improve reward frameworks.
✨Engage with Stakeholders
This position requires strong stakeholder engagement. Think about how you’ve successfully collaborated with different teams in the past, especially with HR and Finance. Be ready to share examples of how you’ve navigated complex discussions or gained buy-in for your initiatives.
✨Prepare for Governance Discussions
Since you'll be overseeing executive compensation governance, it’s crucial to prepare for questions related to Remuneration Committees. Familiarise yourself with best practices in governance and be ready to discuss how you would prepare materials for these meetings.
