Executive Pay Manager - Reward

Support the ongoing design, development and implementation of total Reward frameworks for the 'Executive' Population to ensure the Company is able to attract, retain and incentivise colleagues. Manage all Global Mobility arrangements ensuring policies, processes and third-party contractual arrangements are fit for purpose.,

• Act as a trusted advisor on sensitive matters for Chief People Officers and business leaders regarding recruitment, internal moves, retention awards, and exits for executives.


• Manage the join to leave process for executives, including compensation proposals, offer letters, and separation agreements.


• Calculate reward packages for external offers/internal moves and perform buyout valuations of incentives.


• Communicate National Grid incentive plans and reward arrangements to external candidates and recruiters.


• Collaborate with legal counsel and tax advisors to address issues during the join to leave process.


• Lead the executive pay process in the annual compensation cycle.


• Develop an understanding of complex incentive plans and provide support to plan participants and senior stakeholders.


• Advise on executive pay considerations in ad-hoc projects and regularly review reward guidelines.


• Develop and implement a Global Mobility policy, manage contracts with third-party providers, and ensure compliance.


• Lead and develop a highly motivated team, and manage relationships with vendors supporting Global Mobility arrangements.
  
  Demonstrable experience in Reward management, Executive Pay and Global Mobility.


• Experience of developing and implementing Reward solutions involving base pay, variable pay, annual and longer-term incentives and benefits.


• Experienced in developing trusted relationships with senior stakeholders.


• Extensive knowledge of incentive plans (APP, LTPP) and Global Mobility Reward arrangements including immigration, tax and legislative issues.


• Experienced in the administration of complex reward arrangements, external benchmarking, market analysis, design and implementation of policies and procedures.
  
  At National Grid, our commitment to a cleaner, greener energy future is powered by the dedication and ingenuity of our people. Join our team as a Executive Pay Rewards Manager and be a part of something bigger-where your unique skills and passions can make a real difference. Together, we are superpowered.


National Grid is hiring a Executive Pay Rewards Manager as part of our People Function. This position can be located in Warwick or London., At National Grid, we work towards the highest standards in everything we do, including how we support, value and develop our people. Our aim is to encourage and support employees to thrive and be the best they can be. We celebrate the difference people can bring into our organisation, and welcome and encourage applicants with diverse experiences and backgrounds, and offer flexible and tailored support, at home and in the office.

A competitive salary between £60,000 - £75,000 - dependent on capability

As well as your base salary, you will receive a bonus of up to 15% of your salary for stretch performance and a competitive contributory pension scheme where we will double match your contribution to a maximum company contribution of 12%. You will also have access to a number of flexible benefits such as a share incentive plan, salary sacrifice car and technology schemes, support via employee assistance lines and matched charity giving to name a few., Our goal is to drive, develop and operate our business in a way that results in a more inclusive culture. All employment is decided on the basis of qualifications, the innovation from diverse teams & perspectives and business need. We are committed to building a workforce so we can represent the communities we serve and have a working environment in which each individual feels valued, respected, fairly treated, and able to reach their full potential.