Portfolio HR & Reward are currently partnered with a well established and reputable business who with their continued success and upward growth trajectory are now seeking a Head of Reward. This is an organically grown role which offers the opportunity to develop the reward function and ultimately grow with the organisation.
Role Purpose
As Head of Reward, you will be responsible for leading my client's total reward strategy, ensuring pay, incentives and benefits support business performance, attract and retain top talent, and remain competitive within the market.
Reporting into the People Director, this role oversees the annual reward cycle, reward governance and benefits strategy, while ensuring an exceptional employee experience is delivered across the business.
The role has one direct report, the Director of People Data & Insights, and works closely with the Finance Director, Payroll function and wider People team.
Key Responsibilities
Lead my client's total reward strategy, aligning pay, incentives and benefits with business and performance objectives.
Own and deliver the annual reward calendar, including salary reviews, bonus planning, commission structures, share schemes and benefits renewals.
Design and maintain salary frameworks, job banding, job evaluation and benchmarking structures to ensure fair and competitive pay practices.
Oversee bonus and commission schemes, partnering with senior leadership to ensure they drive performance and align with commercial objectives.
Manage and govern employee share schemes, working alongside Finance, Legal and external advisers.
Lead the benefits strategy, including management of employee benefit platforms and insured benefits such as private medical insurance, life assurance and wellbeing offerings.
Support reward integration and harmonisation activity across acquisitions.
Negotiate with benefits brokers and insurers to secure competitive coverage while managing costs effectively.
Oversee pension arrangements and ensure compliance with auto-enrolment requirements.
Ensure reward practices, including guarantees and commission draw arrangements, comply with National Minimum Wage legislation and wider UK reward regulations.
Provide reward analytics, benchmarking data and market insight to senior leadership to support strategic decision-making.
Lead gender pay gap reporting, reward governance activities, remuneration committee support and pay transparency initiatives.
Produce annual total reward reporting and insights for senior stakeholders.
Experience & Expertise
Significant leadership experience within Reward, Compensation & Benefits, ideally within a fast-paced, multi-site environment.
Strong knowledge of UK reward legislation and governance, including National Minimum Wage regulations and pensions.
Proven experience managing share schemes, bonus and commission structures, and insured employee benefits.
Strong commercial acumen and analytical capability, with experience influencing and advising senior stakeholders.
Experience developing and delivering reward communications and employee engagement initiatives.
Strong stakeholder management skills, with the ability to build credibility across HR, Finance and operational leadership teams.
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INDHRR
The Portfolio Group are acting on behalf of our client in recruiting for this position
Salary description
£70000.00 - £85000.00 per year