Interim VP Reward
£800 - £1,300 a day
London - Hybrid working
We’re hiring a Senior reward professional to join a fast growing, tech-based organisation, with a diverse workforce.
This role would suit a reward expert with broad reward scope, who is familiar with working with senior leaders and Remuneration Committees.
You will focus on driving and developing end to end reward strategy, from the day-to-day Reward operations through to equity programs to Exec compensation.
You’ll be leading the reward team, working closely with the Chief People Officer, and with colleagues in the People, Legal and Finance functions, as well as the Exec and the Board (in particular, the Remuneration Committee). The role will be an integral part of the People Leadership team and will be heavily involved in cross-functional workstreams and programs ranging from talent strategy to employee engagement and the development of our employee value proposition.
What you’ll be doing:
- Strategy - Develop and implement a comprehensive global rewards and benefits strategy that supports the company's business, people and finance objectives.
- Reward operations - Lead the day-to-day operations of the Reward team, including compensation benchmarking, equity administration, management of the design and execution of incentive programs, such as bonuses and equity programs, technology and data providers, including partnering with the systems team on compensation administration tooling.
- Executive compensation - in partnership with the Remuneration Committee, set and manage the Executive compensation and incentive plans.
- Board and reporting - Ownership of Remuneration Committee meetings and materials, including executive compensation, governance reporting (such as the Directors' Remuneration Report).
- Benefits - Oversee the design and management of employee benefits programs, including the benefits strategy, including health, retirement, wellness, and other fringe benefits.
- Performance - Lead and own the execution and development of annual performance and compensation review cycles, including development of budgets, processes, and communication materials.
- Pay equity and compliance - Conduct audits, including Gender & Ethnicity Pay Gap reporting and monitoring, Equal pay, Minimum wage, importing understanding of relevant and upcoming legislation and regulatory environment shifts that would influence reward.
- Budgeting - Collaborating across People and Finance to budget and forecast reward and recognition costs, ensuring accuracy of staffing budget records related to Finance, Exec and Remuneration Committee decisions.
Required experience:
- A successful track record in a lead reward role for a large-scale UK public company
- Extensive experience with Board/Remuneration Committee preparation and involvement, and partnership with senior executives.
- Track record in large-scale, group-wide Reward - Proven track record in developing and executing group-wide rewards strategy and programs.
- Experience managing executive compensation - Experience and fluency in the management of executive compensation programs.
- Deep experience in equity programs - Strong experience and fluency managing and shaping equity reward programs (both Exec and broader-based).
- Extensive experience in benefits - Strong background in overseeing the design and management of broad-based employee benefits programs across multiple countries, including health, retirement, wellness, etc, for a highly diverse employee base.
- A high degree of executive and influence skills, and a self-assuredness that would prepare them well to engage effectively with the Executive team.
If you are available immediately for your next assignment and this role has piqued your interest, please apply today with an up-to-date CV, or get in touch with Leigh David.