Reward Manager – FTSE 100
DUTIES AND RESPONSIBILITIES:
Overall responsibility for all aspects of Reward (Compensation, Pension and Benefits) and Performance Management at the Group Head Office, as a part of the GHO HR team. The role involves leading the strategic as well as the operational aspects of these three areas to a high degree of quality, accuracy and stakeholder satisfaction.
Principal Accountabilities:-
Reward Management (cyclical and project management):
- Develop, review, communicate and execute GHO reward strategy / policy / guidelines keeping in view internal requirements, external practices and benchmarks, stakeholder views etc.
- Lead all aspects of Reward Management (BAU and projects). Some of these include:
- Annual reward cycle (performance management, salary review, bonus, LTIP awards); create detailed plan of action, draft high quality papers to secure approvals for proposals from the GHO Remuneration Committee
- Conceptualise, scope, plan and lead execution of projects which could include review of and changes to compensation structure (bonus scheme, cash allowances LTIs), benchmarking methodology, market data management, development of internal compensation ranges, levelling/job evaluation, recognition schemes, retention/ad-hoc awards etc.
- Direct accountability for Joiner/Leaver/any ad-hoc arrangements for senior staff
Performance management:
- Overall accountability for design and delivery of GHO performance management process
- Publish and ensure adherence to performance management calendar
- Manage objective setting, half year and end of year performance review exercise, adhering to timelines
- Develop, review overall performance management philosophy and supporting frameworks
In addition to the above, provide ad-hoc support to the GHO HR Director as a senior member of the GHO HR team.
Benefits Management:
- Manage the relationship with the Pension provider and support the HR Director, GHO to manage the governance of the GHO pensions scheme through the Pensions Committee
- End-to-end management of all existing GHO benefits e.g. Pensions, Private Medical Insurance, Lifestyle Benefits, Cycle to work. A flexible benefits platform is currently in place and this will need to be reviewed following the demerger. This will involve developing a benefits proposition in line with GHO reward strategy, review and renewal of existing contracts, market benchmarking, ensuring high levels of stakeholder / colleague buy-in and satisfaction
Key Competencies:-
- Deep understanding of Reward, Benefits and Performance Management, preferably gained in-house as well as in consulting roles. Financial services experience would be preferred
- Attention to detail, rigour, systematic and methodical approach to documentation and record management. Managing complexity and ambiguity successfully
- Experience of launching and managing large scale projects and processes successfully with independent accountability and ownership
- Responsiveness, teamwork, collaboration and a consultative approach
please contact us to discuss quoting ref 647
or email rrowe@chatworthrowe.co.uk
Vice President – Innovations ICT. Middle East
Job Purpose –
The purpose of this position is to lead the innovation function driving the identification, prototyping new digital technologies and innovation partnerships
The nature of the job is strategic and is responsible to deliver the DTI Innovation Roadmap.
VP – Innovation reports to the Chief DLI Officer and coordinates with the latter on critical and strategic issues. This role critically must be leading the collaboration efforts across the organisation: to understand the problems, source solutions and bring to the table new initiatives that help the business grow
Key accountabilities –
- Develop Mid & Long-term digital services strategic plans that are companywide with both organic and inorganic lenses to ensure strategic alignment
- Develop and lead the evaluation of emerging opportunities in digital services and assess relevance:
- Keep up to date on technological developments and market and competitive developments in digital services domain
- Assess relevance of opportunities for
- Report on opportunities and market trends and contribute to strategic decision-making (e.g. partnership model, organic development, acquisition)
- Prototype and conduct market testing of new ideas. Identify opportunities to convert advanced prototypes to commercial propositions liaising with DLI & BU teams (e.g. New Business) to transfer ownership.
- Grow innovation partnerships to develop digital services where appropriate. Negotiate and conclude agreements with partner companies to help us deliver the roadmap and strategic plan.
- Develop and maintain effective business relationship with all relevant stakeholders both internal and external (customers, partners & vendors)
- Work with Internal Stakeholders to align risks and opportunities from the business and ensure that Innovation agenda delivers solutions.
- Provide internal SPOC guidance on opportunities to redefine existing content & platform agreements and programs
- Manage, monitor & report the performance of the function.
- Own Showcasing of Du Telecoms Public Presentation Events including Innovation Showcase Lab.
- Utilise Network to drive education of the business in the emerging Digital & Innovation trends
- Build and manage a Innovation team responsible to uncovering opportunities and executing in market
Present business opportunities to ExCo & IC (Investment Committee).
Minimum Experience
- Proven experience of having led and delivered significant revenue targets at a digital business within a large Organisation.
- Minimum of 12 years of experience within Telecom and/or Digital services
- Having worked in businesses and has an excellent understanding of the digital space, managed an enterprise and mobile commerce/financial services/payments space
- Good understanding of enterprise Sales
- Proficient with RFP evaluation, Vendor Selection, Contract Management, Financial and Technical process flows.
- Has managed teams of 100+ employees
- Budgeting OPEX/CAPEX/Investment Budgets, annual revenue target of AED 500k
Experience in presenting business opportunities to senior management and Investment committees
please contact me to discuss – rrowe@chatworthrowe.co.uk
Global Mobility & Reward role – Hong Kong
Our client is a well known Corporate, not a big 4
We are looking for a senior manager for global mobility to be based in Hong Kong. The candidate will be an individual contributor reporting and will focus on global mobility, benefits and job evaluation.
Preference is for the individual to have tax background and with around 6 to 8 years work experience in Mobility and compensation and benefits.
We have a more detailed spec, if you would like to discuss please email rrowe@chatworthrowe.co.uk
Head of Reward
An exciting new role has been created for a Head of Reward, to develop and lead Reward strategy, ensuring all aspects of their compensation and benefits are aligned to delivery of the business’s growth objectives and continuing to drive a performance culture.
It is pretty much a greenfield site and they are looking for someone who can work at both board and shopfloor level.
This is a hands on role and will suit a practical delivery orientated individual
PURPOSE OF THE ROLE
Their aim is to develop and deliver a total reward framework that is aligned with their values, engages their people and enables them to achieve the business strategy, and to be recognised as an employer of choice.
The Head of Reward is responsible for directing the Company’s reward function and overseeing the delivery and governance of its related policies and processes. In addition to leading the cyclical activities such as the pay review, this leadership role will be required to review existing compensation and benefits structures in order to develop the UK reward strategy in line with the business strategy and the organisation’s culture and values.
In addition the jobholder will be responsible for bringing a forward thinking agenda of how increased pressure on future employment costs can be mitigated (eg Apprenticeship Levy, Auto enrolment pension increases and National Living Wage)
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:
- Lead and embed the development of the Total Reward framework and philosophy
- Oversees executive compensation including the plc’s long term incentives and the drafting of the annual Directors’ Remuneration Report to meet regulatory reporting requirements
- Lead on the development and implementation of a new pay and grading framework, working with external consultants and colleagues to manage the change process and ensure effective implementation.
- Leading and managing the annual reward cycles, including salary and bonus reviews processes.
- Development of cost effective approach to terms and conditions, ensuring enhanced productivity
- Take a proactive approach to identify future pay and benefits trends and external influences that may be relevant, recommending options and actions.
- Ensure insight from internal data sources such as the exit questionnaire and engagement survey, as well as external benchmarking, are used to inform future reward and recognition activity.
- Maintain the existing pay structure and advise on and approve the implementation of all allowances, ensuring they are in line with equal pay principles.
- Ensure all pay decisions are supported by robust market information, maintained
Oversee the organisation’s approach to job evaluation, ensuring a robust objective and quality assured process.
- Manage the complete benefits portfolio, including overseeing the relationship with third party suppliers ensuring effective performance and cost effectiveness.
- Manage and, as agreed, enhance the organisation’s benefits offer in line with the total reward framework and ensure all pay and benefits administration is carried out effectively.
- Identify any benefit-related tax implications, ensuring these are considered and managed appropriately, working with the finance team as required.
- Oversee the delivery of long service recognition programme
- Liaise with finance regarding budget implications of pay and pensions changes.
- Ensure effective and engaging communication with colleagues on all aspects of our total reward framework.
- Act as trustee of benefits scheme arrangements (BUPA)
to discuss please contact Zabbott – zabbott@chatworthrowe.co.uk
Senior Learning & Development – Hong Kong
HKD 1.3m +
Proficient in English & Chinese
We are working with a well known regional heavyweight
We are looking for an experienced L&D professional with at least 10 years experience to be based in Hong Kong.
- Responsible for learning and development of employees across all functions, departments and entities in the company, including core development programs, digital/virtual learning, onboarding, compliance training and specific strategic programs.
- Coordinate and ensure the delivery of the learning programs at local entities across the Group, providing support to local learning team where necessary
Key Objectives
Conceptualize, design, deliver and promote the learning framework and core programs across all functions, departments and entities
Partner with senior leaders and key stakeholders to develop learning strategies to build capabilities and engagement that drives performance and results
Define the digital/virtual learning strategy, partnering with various key functions and leveraging industry best practices to develop cutting-edge approaches that deliver digital/virtual learning solutions that drive lasting impact
- Design, develop and roll out milestone programs for managers and core development learning programs for all employees, including program management and communications
- Develop an onboarding strategy and implement a differentiated new hire experience
Collaborate with internal stakeholders, external consultants and renowned institutions to clearly define requirements, design and develop learning programs and platforms; managing effective relationships and communications with key contacts to achieve the desired outcomes
Need to engage internal stakeholders across levels, particularly senior leaders at the Group Office, Chief Human Resource Officers as well Learning & Development leads for the different countries
Externally, need to engage with external vendors and business partners
If you could be interested please contact us –
rrowe@chatworthrowe.co.uk
Director of Executive Compensation – Hong Kong
Our Client is a well known & established group in the region.
They want to identify an experienced Executive compensation specialist who will:-
- Provide thought leadership to influence the design of the Group’s executive remuneration programmess including incentive plan design, use of various compensation vehicles and regulatory and financial considerations.
- Review, design, develop and implement Board-approved remuneration programmes for executives covering Group Executives, entity CEOs and entity Chief Human Resources Officers including compensation, benefits, and equity to attract, engage and retain high-quality talents and support achievement of strategic business initiatives of the Group.
Serves as a senior member of the Group Performance and Rewards team and leads a team of reward subject-matter experts in the areas of executive compensation and long-term incentive programmes and employee share purchase plan.
You maybe an expat wanting to return home, please contact us to discuss – rrowe@chatworthrowe.co.uk
UK Compliance Head
London
Our client is an Interntional Bank with a operations throughout Europe, Middle East & Asia. Well known in its chosen market and well funded the bank is going through a subsidiarisation process at the moment and they are seeking to appoint an experienced Compliance Manager who will mange the compliance operation whilst the existing Compliance Head focusses on the susidiarisation process.
They are looking for someone who has good people management skills and who has 7+ years compliance experience probably in a UK branch or a subsidiary of an international bank. current CF10/11 approval is not a prerequisite but you will be able to meet the Fit & Proper persons test.
To discuss please contact us quoting reference 611
eattenborough@chatworthrowe.co.uk
0207 936 9554
Head of HR Asia
Our client is a well established and highly regarded bank. With a global population of c6000 and operating in 4 key geographic centres they are in a good position to take advantage of the upswing in the banking sector.
They are seeking to appoint a head of HR who will be able to build on their successes to date
Salary will not be an issue for the right person.
If you have about 10 years experience in a multi country role working with a wide group of people and would enjoy this challenge please contact us to discuss further
eatteneborough@chatworthrowe.co.uk
Global Head of Strategic projects – Banking UAE
We are retained by our client to search for an experienced strategist who has a background in corporate as well as consulting.
You will provide thought leadership to the senior management and working closely with the CFO and the Head of the Wholesale Bank you will lead the strategy development to ensure that the Global Wholesale and Investment Banking business has a clear vision and the necessary tools to meet their long term strategic ambitions.
The compensation will be tax free and we have a detailed brief. To request a copy please contact us quoting ref EA616.
eattenborough@chatworthrowe.co.uk
Head of Operations – Global Markets & Investments
Our Client is a prestigious bank based in the UAE with a global operations network. Their principal businesses are in Fund Management, Private Banking, Retail, Commercial, Property & Financial Markets.
They wish to appoint an experienced manager with a minimum of 10 years international banking and operations management experience
Salary will be c£150k equivalent + bonus, tax free
Please quote ref EA615