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
* 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
Experience
* Senior Reward leader (Head of Reward or equivalent)
* 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
* 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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