Job Title: Senior Reward Manager
Location: Hybrid working model 2 days a week in London City office
Reporting to: Director of Compensation
Package Indicator: Up to £100,000 + Bonus & Excellent Benefits Suite
Role Summary
This role is responsible for shaping and delivering the organisation’s Reward strategy, ensuring it supports business performance and workforce effectiveness. As a senior member of the reward function, you will provide expert guidance on pay structures, incentive frameworks, and market positioning within a large, complex environment.
A key focus will be on designing and refining sales incentive programmes, alongside broader compensation initiatives, ensuring alignment with organisational priorities and financial outcomes.
Key Responsibilities
Compensation Strategy & Advisory
- Act as a senior advisor to HR and business leaders on all compensation-related matters
- Translate business objectives into effective and commercially sound pay solutions
- Provide insight and challenge to ensure reward decisions are competitive and sustainable
Sales Incentives & Variable Pay
- Develop and enhance sales compensation plans, ensuring they drive performance and align with revenue objectives
- Oversee the full lifecycle of incentive plans, including structure design, financial modelling, and rollout
- Evaluate effectiveness of schemes and recommend adjustments based on performance outcomes and market practice
Annual Pay & Bonus Processes
- Lead the delivery of annual salary review cycles, including budget planning and pay recommendations
- Manage variable pay processes, ensuring alignment between individual performance and reward outcomes
- Partner with relevant stakeholders to ensure fair and consistent application across different employee groups
Job Evaluation & Pay Frameworks
- Oversee role evaluation and grading methodologies, ensuring consistency and transparency
- Maintain and evolve pay structures to reflect organisational needs and external market trends
Market Insight & Continuous Improvement
- Monitor external compensation trends and benchmarking data to inform decision-making
- Identify opportunities to improve reward frameworks, tools, and communication approaches
- Contribute to the evolution of compensation policies and practices
Project Delivery
- Lead key compensation initiatives, from initial concept through to implementation
- Manage multiple priorities in a fast-paced environment, ensuring high-quality delivery
Collaboration & Team Contribution
- Work closely with colleagues across HR, Finance, and business functions to deliver integrated solutions
- Support the development of team capability through knowledge sharing and informal mentoring
Skills & Capabilities
- Strong analytical capability with the ability to interpret complex data and financial information
- Deep understanding of fixed and variable compensation frameworks, including sales incentives
- Confident communicator, able to present complex concepts in a clear and engaging way
- Proven ability to influence and build credibility with senior stakeholders
- High level of attention to detail and accuracy
- Commercial mindset with a strong understanding of business drivers
- Comfortable operating in evolving and sometimes ambiguous environments
- Collaborative approach with the ability to build effective working relationships
Experience
- Demonstrated experience in compensation or reward roles within large, multi-layered organisations
- Strong expertise in designing and implementing incentive schemes, particularly for sales populations
- Experience balancing multiple stakeholder perspectives to reach effective solutions
- Familiarity with market benchmarking, pay governance, and regulatory considerations
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