Job Information
National Grid Reward Specialist in London, United Kingdom
About the role
Compensation & Benefits Specialist - 12 Months Fixed Term Contract
London/Warwick - Hybrid/Flexible working
The role will support the Global Compensation Manager on the design, implementation, and communication of National Grid’s compensation programme such as the salary, Annual Performance Plan (APP) and the Long-Term Performance Plan (LTPP) process as well as the company’s recognition program.
This includes but isn’t limited to supporting in delivering these key processes, implementing policy and process improvement activities and ad hoc project work.
What you'll do
Support the ongoing design, implementation and improvement of the global compensation program
Act as a trusted advisor to People Partners and internal stakeholders through providing best practice insights on global compensation to inform business decision making. This includes engaging with key stakeholders to ensure the compensation framework is relevant, understood and valued.
Support the design of an effective reward communication strategy to ensure they are fully understood, appreciated and are reaching the right audiences through:
Raising colleague understanding and awareness of the different elements of reward and developing user friendly/easy to understand documents and collateral (such as videos and demos).
Support in streamlining the Annual Performance Plan (annual bonus) for National Grid through developing a new target setting and end of year announcement process
Support the team in creating global compensation policy documentation which outlines the role and responsibilities, the process and key deliverables
Support the team on annual compensation cycle process through checking tools are fit for purpose and right inputs have flown through the system
Interpret legislation and tax rules regulating global compensation to ensure all policies and processes are implemented in a legally compliant manner
About you
Technical Capabilities (Knowledge, Skill, Experience):
Between 1-2 years of experience in reward or global compensation and good knowledge of the best practices, processes and key principlesAdvanced excel skills and experience drawing appropriate conclusions from data analysis to enhance decision making for reports and presentations
Ability to confidently build relationships with stakeholders
Strong written and verbal skills particularly related to global compensation
Holds external qualifications (desirable)
Good knowledge of SuccessFactors (desirable)
What you'll get
A competitive salary between £45,000 –£55,000 – dependent on capability
As well as your base salary, you will receive a bonus based on personal and company 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.
Abous Us
National Grid touches the lives of almost everyone, with an energy network that stretches across the Atlantic. We’re an international team, and our work underpins the lives of millions of people. Feet forwards, head up, and eyes bright, we’re working hard to create value for people today – and shape the future of energy tomorrow.
In the UK, we don’t generate or sell energy – we join the dots to get energy from A to B. From making a cup of tea in the morning, to keeping the lights on in hospitals, our electricity network puts power in the hands of people. Without it, the world as we know it would grind to a halt.
The world of energy is changing beyond recognition. Working at National Grid, you won’t just be touching the lives of almost everyone in the UK – you’ll be shaping the way we use and consume energy for generations to come.
Our values and principles
At National Grid, through listening to what our customers need, every day we do the right thing and find a better way.
As a National Grid employee, you’ll treat our customers as a priority, taking time to listen and work with them to help give them the best experience we possibly can. You’ll need to be proactive and flexible in your approach and continually look for ways to exceed their expectations – sometimes in unexpected and helpful ways. You’ll provide accessible information when our customers need it and make things simple by using your expertise to guide them. Above all, you’ll follow through on your promises to deliver value, drive efficiency and give them a great customer experience.
We offer inclusion and diversity training for everyone here at National Grid, with a view to building an inclusive working environment and developing all our employees. Training opportunities range from unconscious bias and reverse mentoring to targeted training initiatives which are tailored to support our diverse and innovative work force.
More Information
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.
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.
The closing date for this vacancy is 19th September. However, we encourage candidates to submit their applications as early as possible and not to wait until the published closing date. National Grid’s recruitment periods can and may vary. We reserve the right to remove this advert or close it to further applications at any point during the recruitment process.
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