Description:
Frazer Jones are pleased to have been retained on a search to a find a Reward Director. This is one of our PE backed Commerce & Industry clients in the UK. We are seeking a dynamic and experienced leader to drive the strategic design, governance, and execution of our global compensation, benefits, rewards, and payroll programmes. This is a pivotal role ensuring our people strategy aligns with business objectives, regulatory compliance, and market competitiveness across key geographies, with emphasis on the UK, US, and India.
Key Accountabilities
Strategy & Governance
- Own the global total rewards and payroll strategy, ensuring alignment with organisational goals.
- Develop and manage governance frameworks and policies across all regions.
Reward
- Lead annual salary reviews, incentive planning, and compensation processes.
- Benchmark pay structures to ensure competitiveness and equity; provide insights into compensation trends.
- Manage job evaluation and grading frameworks, including job hierarchy ownership.
- Design and deliver employee benefits programmes (health insurance, retirement plans including 401K, wellness initiatives), tailored to local needs and legal requirements.
- Lead benefits change projects, streamline processes, and create communication materials.
- Conduct audits (Gender & Ethnicity Pay Gap, Equal Pay, Minimum/Living Wage accreditation).
- Manage vendor contracts and relationships, optimising cost and employee experience.
- Design compensation and benefits structures for new markets.
- Provide data-driven insights to advise stakeholders on reward matters.
- Develop performance-related reward programmes integrated with performance management.
- Collaborate with Finance to budget and forecast reward and benefit costs.
- Ensure compliance and governance in all reward activities.
Payroll
- Oversee day-to-day global payroll operations, ensuring accuracy, timeliness, and compliance.
- Ensure adherence to local tax, social security, and reporting obligations; lead payroll audits.
- Manage payroll vendor relationships and internal stakeholder engagement.
- Maintain payroll systems, driving process improvements and automation.
Performance & Team Management
- Lead a team of 5 and develop the global Reward & Payroll team, setting objectives, coaching, and monitoring progress.
Additional Responsibilities
- Provide insights through data analysis and reporting to senior leadership.
- Collaborate with HR, Finance, Legal, and external stakeholders.
- Advise leadership on reward and payroll matters during M&A and organisational change.
- Support MD&A activities.