Executive Reward Manager

natgridProd•Waltham, MA

4d•$156,000 - $196,000•Hybrid

About The Position

At National Grid, we're at the heart of the energy transition, delivering safe, secure and reliable energy to millions of customers every day. As we continue to build the energy network of the future, we're looking for talented people who want to make a real impact for our customers, communities and the environment. We're committed to creating an inclusive workplace where everyone can thrive, develop, and bring their authentic selves to work. We're seeking an Executive Reward Manager to join our team in a hybrid role based in Brooklyn, NY or Waltham, MA. This is a high-profile opportunity to shape and deliver executive compensation programs for some of National Grid's most senior leaders. You'll act as a trusted adviser to senior stakeholders, providing expert guidance on executive pay, incentives, mobility, governance and complex reward matters. Working at the heart of the People function, you'll partner with senior executives, HR leaders, Legal, Tax and external providers to ensure executive reward arrangements are competitive, compliant and aligned to business objectives. You'll have the opportunity to influence key reward decisions while driving process improvements and enhancing the executive employee experience across the full employment lifecycle.

Requirements

Significant experience in Compensation, Executive Reward or Total Rewards within a large, complex organisation.
Strong understanding of executive compensation, incentive plans, governance and reward frameworks.
Experience advising senior stakeholders and executive leaders on complex reward matters.
Advanced analytical and financial modelling skills, particularly within Excel and reward systems.
Experience of job evaluation methodologies, including Hay Job Evaluation.
Strong knowledge of compensation benchmarking and market analysis.
Proven ability to manage multiple stakeholders and influence decision-making.
Knowledge of compensation, benefits, tax and regulatory considerations.
Excellent communication and presentation skills, with the ability to translate complex reward concepts into practical business solutions.
Degree or equivalent and ideally CIPD qualified
Software familiarity including advanced data modelling through Microsoft Excel, compensation reporting software and HR information systems
Strong experience of Hay Job evaluation and market analysis
Proven compensation management experience within a large commercial organisation involving practical and detailed design and application of the existing reward policies and processes

Responsibilities

Advise senior leaders and Chief People Officers on executive hiring, promotions, retention awards, succession planning and departures.
Manage the end-to-end executive reward lifecycle, including compensation proposals, offer packages, buyouts, contractual documentation and separation arrangements.
Design and evaluate executive compensation packages, including complex equity and incentive buyout calculations.
Lead executive compensation activities during annual salary, bonus and long-term incentive review cycles.
Partner with Legal and Tax teams to navigate regulatory, governance and compliance requirements.
Maintain expert knowledge of executive compensation and incentive plans, providing guidance on complex reward matters.
Develop and enhance executive reward policies, governance frameworks and operating guidelines.
Ensure executive reward arrangements are accurately documented and delivered in line with agreed timelines.
Drive process improvement, digitisation and automation initiatives to enhance efficiency and stakeholder experience.
Manage global mobility vendors and external reward providers, ensuring high-quality service delivery and value for money.
Lead benchmarking activities and market analysis to ensure National Grid remains competitive in attracting and retaining executive talent.
Produce insights, metrics and recommendations that support data-driven reward decisions.