We’re partnering with a large, UK-based organisation operating at significant scale within a regulated, customer-focused environment. The business delivers critical operational and administrative services that support major institutions behind the scenes.
Following a period of change, the organisation is now investing heavily in its people strategy -creating an exciting opportunity for an experienced Head of Reward to build and lead a modern, scalable reward function from the ground up.
This is a high-impact senior leadership role with responsibility for defining and delivering a group-wide reward strategy while leading a multi-year transformation programme.
Key Responsibilities:
- Define and deliver a reward strategy aligned to business and people priorities
- Develop and execute a multi-year transformation roadmap
- Balance ambition with cost and operational constraints
- Design and implement pay ranges and progression frameworks
- Shape communication to support trust and engagement
Reward Transformation
- Review and modernise legacy reward structures and terms
- Design and implement:
- Incentive and variable pay schemes
- Benefits strategy and offering
- Recognition frameworks
- Identify and implement appropriate reward technology solutions
Stakeholder & Commercial Leadership
- Influence at Executive and senior leadership level
- Partner closely with HR, operations, and external providers
- Build robust, ROI-driven investment cases
Team Leadership
- Lead and develop a small but capable reward team
- Elevate the function from operational delivery to strategic impact
Key Priorities (First 6 Months)
- Take ownership of the pay transparency programme
- Conduct a full reward diagnostic
- Define the reward strategy and transformation roadmap
- Build strong stakeholder relationships across the business
- Deliver quick wins alongside longer-term change
Experience
- Senior Reward leader (Head of Reward or equivalent)
- Proven experience delivering reward transformation
- Strong expertise in:
- Pay frameworks and transparency
- Incentives and variable pay
- Benefits modernisation
- Experience in complex and/or regulated environments
Skills & Capabilities
- Strong commercial mindset with focus on ROI
- Ability to define strategy and execute delivery
- Excellent stakeholder management at Exec level
- Comfortable working within constrained budgets
Personal Attributes
- Resilient, pragmatic and delivery-focused
- Comfortable operating in ambiguity
- Strong communicator with the ability to influence at all levels
Package:
Up to £125,000 + Bonus + Car Allowance
Hybrid working – 2x a week in Peterborough
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