Compensation and Reward Lead

CV-Library

Reading

Location

Full-time

Job type

Permanent

Contract type

Hybrid

Work setup

Opens CV-Library in a new tab

In brief

This Compensation and Reward Lead role manages reward frameworks, including base pay, incentives, and mobility services. The work involves leading annual pay reviews, conducting market benchmarking, and providing expert guidance to senior stakeholders to ensure reward programmes remain compliant and aligned with business needs.

Best for

Experienced compensation and reward professionals

Worth knowing

This is a 12-month fixed-term contract requiring 2–3 days per week onsite in Reading.

What you need

Required

  • Compensation management

    Clearly required in the listing

  • Reward framework development

    Clearly required in the listing

  • Salary benchmarking

    Clearly required in the listing

  • International mobility

    Clearly required in the listing

  • Stakeholder management

    Clearly required in the listing

  • Team leadership

    Clearly required in the listing

  • Data analysis

    Clearly required in the listing

  • Employment legislation

    Clearly required in the listing

Preferred

  • Regulated sector experience

    Strongly implied by the listing

Your day-to-day

  • Develop compensation frameworks

    Clearly stated in the job description.

  • Manage annual pay reviews

    Clearly stated in the job description.

  • Lead mobility services

    Clearly stated in the job description.

  • Conduct market analysis

    Clearly stated in the job description.

  • Provide expert advice

    Clearly stated in the job description.

  • Ensure regulatory compliance

    Clearly stated in the job description.

  • Lead reward team

    Clearly stated in the job description.

Experience expected

Level

Senior level

Based on what the listing states

Years of experience

Not stated

No clear years requirement found

Evidence from the listing

Experience level

“Provide leadership and direction to reward team members, including direct line management responsibility and coordination of analysts or coordinators.”

What's on offer

Hybrid working
Full job description (from employer)⌄

Compensation & Reward Lead Location: Reading (2–3 days per week onsite) Contract: 12 months Rate: Competitive The Role We are seeking an experienced Compensation & Reward Lead to join our client's team on a 12-month contract. This is an opportunity to take ownership of compensation frameworks and operational reward delivery within a complex organisation. Reporting to the Head of Reward, you will lead the delivery of compensation programmes, covering base pay, allowances, incentives and domestic and international mobility services. You will use market insight, benchmarking and data to ensure reward offerings remain competitive, compliant and aligned with business needs. The role also involves managing the annual pay review process, advising senior stakeholders and providing leadership to reward professionals within the team. Key Responsibilities Maintain and develop compensation frameworks covering base pay, allowances and incentive schemes. Monitor the effectiveness of reward programmes, using data and stakeholder feedback to recommend improvements. Lead domestic and international mobility services, ensuring they meet business requirements and remain competitive. Conduct market analysis and benchmarking to inform compensation decisions. Manage the annual pay review process and the distribution of staff incentives. Provide expert advice and guidance to managers on compensation-related matters. Work closely with HR and business leaders to communicate reward programmes effectively. Ensure compliance with relevant legislation, regulations and delegated pay authorities. Maintain compliance with internal and external audit requirements. Oversee employee mobility and deployment to domestic and overseas locations. Provide leadership and direction to reward team members, including direct line management responsibility and coordination of analysts or coordinators. About You You will be an experienced compensation and reward professional with a strong understanding of reward frameworks and their operational delivery. You will ideally bring: Proven experience managing compensation and reward programmes. Strong knowledge of base pay, allowances, incentive structures and annual pay review processes. Experience in salary benchmarking, market analysis and data-led decision-making. An understanding of domestic and international employee mobility. Knowledge of relevant employment legislation, regulatory requirements and pay governance. The ability to advise and influence senior stakeholders and managers. Experience leading or coordinating a team. Strong analytical, communication and stakeholder management skills. Experience within a large, complex or regulated organisation would be advantageous. Additional Information Contract length: 12 months. Location: Reading, with 2–3 days per week onsite. If you have the relevant compensation and reward experience and are interested in this opportunity, please get in touch to discuss further

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